B2B
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Payroc plans to keep buying up payments players
The payments processor, under a new president's focus on growth, has acquired two companies in the past two weeks and expects to close on additional deals this month.
By Lynne Marek • April 09, 2021 -
Rapyd targets Miami expansion as it eyes global growth
The company rolled out a $100 million promotion in the city last month, and it's starting to get some response.
By Matt Thibault • April 09, 2021 -
Daphne Howland/Payments Dive
Payoneer gears up for growth by way of a SPAC and $3.3B valuation
The B2B payments company aims to build up its e-commerce payments business by expanding cross-border services for small and mid-sized businesses.
By Lynne Marek • April 06, 2021 -
White Ops
Fraud picks up as the economy goes digital during the pandemic, studies find
Digital transactions are vulnerable to fraud with more than $1 trillion stolen in 2020 due to cybercrime, new research from Sift and FICO revealed.
By Vaidik Trivedi • April 01, 2021 -
Visa Press Release
Visa expands payments network via Earthport acquisition
The company known for its credit and debit cards is building up its network to let payments happen without touching a card.
By Lynne Marek • March 30, 2021 -
Courtesy of Fiserv
Fiserv looks to boost POS business through Pineapple Payments acquisition
Fiserv looks to boost its Clover POS system sales by tapping into Pineapple Payments existing customers.
By Vaidik Trivedi • March 29, 2021 -
MoneyGram launches B2B service for global money transfer
Additionally, customers can transact through G-Coin tokens, which are backed by gold and allows people to own, save and spend the coin as a digital fiat currency.
By Anthony Epling • March 25, 2021 -
Courtesy of Jumio Media kit
Jumio lands $150M from private equity firm Great Hill Partners
The company focuses on B2B services, using digital identity verification tools including biometrics, computer vision, big data and machine learning to verify account-holders' identity and thwart fraud.
By Lynne Marek • March 23, 2021 -
Courtesy of LISNR press kit
Ultrasound payment authentication platform LISNR looks to raise capital, partners with Shuttl
Backed by Visa, the company has raised $40 million since its 2012 inception and will continue to fund its growth in the payments authentication landscape, LISNR's CEO Eric Allen told Payments Dive.
By Vaidik Trivedi • March 22, 2021 -
Courtesy of Best Buy
TreviPay targets acquisitions in Latin America, Southeast Asia
The B2B payments player, purchased by a private equity firm last year, is gunning for growth after the pandemic accelerated a trend toward businesses digitizing their payments systems.
By Lynne Marek • March 19, 2021 -
Fotolia
Mastercard, Visa to postpone some fee increases next month
Bowing to pressure from the White House and Congressional Democrats, the credit card companies won't increase expenses for merchants and consumers who are still coping with the pandemic.
By Lynne Marek • March 16, 2021 -
Nexus Systems teams with JPMorgan Chase on new payment service
Nexus caters to the real estate industry, and will partner with the bank in a bid to attract more small and mid-sized businesses to its "virtual card" service offering.
By Lynne Marek • March 16, 2021 -
Permission granted by Stripe
Stripe's new $95B valuation makes it the most valuable Silicon Valley startup
The payments processing company's new valuation is based on raising $600 million in new capital that it plans to use for further expansion in Europe.
By Lynne Marek • March 15, 2021 -
Courtesy of Flywire
Payments company Flywire to IPO, estimated $3B valuation
"Flywire becomes the pay button" for international students to pay U.S. businesses in their home currency, CEO Mike Massaro said.
By Anthony Epling • March 15, 2021 -
Getty Images
Lightspeed POS to acquire retail software company Vend for $350M
Lightspeed will leverage Vend's complementary technology stack and user experience capabilities to deliver commerce capabilities to retailers around the world.
By Anthony Epling • March 15, 2021 -
PayPal CFO: Pandemic has created 'inflection point' for digital payments
The virtual payments processor does not anticipate a post-pandemic drop in business, and intends to double its user base and triple total payment volume, according to John Rainey.
By Jane Thier • March 05, 2021 -
Seattle-based payments company suffers ransomware attack
The company Automatic Funds Transfer Services offers payments processing, billing and other services for customers and municipalities in Washington and California.
By Anthony Epling • March 04, 2021 -
Square launches long-awaited industrial bank
The FDIC gave the fintech conditional approval for an ILC charter nearly a year ago. Now the company can originate small-business loans rather than doing so through its previous partner, Celtic Bank.
By Dan Ennis • March 02, 2021 -
Dollar Photo
Inside Marqeta's plans to grow its 'card-as-a-service' offering
The card issuer and processor is differentiating through a flexible, API-based platform that helps clients launch card offerings in months instead of years.
By Suman Bhattacharyya • March 02, 2021 -
Why Global Payments went multicloud
Large companies venture down the multicloud path to support different business arms.
By Katie Malone • Feb. 11, 2021 -
Plaid sees 'opportunity' after $5.3B Visa deal ends
The data aggregator's biggest priority now is getting 75% of its traffic dedicated to application programming interfaces by the end of 2021 — a prospect John Pitts, Plaid's head of policy, calls an "immense challenge."
By Anna Hrushka • Jan. 19, 2021 -
Courtesy of American Express
American Express expands small business perks as it reportedly falls under federal investigation
As the credit card issuer caters to merchants migrating online, multiple agencies are scrutinizing its sales practices.
By Tatiana Walk-Morris • Jan. 08, 2021 -
Permission granted by Office of the Comptroller of the Currency
Banks can use stablecoins, blockchains for payments, OCC says
The move follows a letter the agency issued in July clarifying national banks are allowed to provide cryptocurrency custody services, and hold unique cryptographic "keys" associated with cryptocurrency on behalf of customers.
By Anna Hrushka • Jan. 05, 2021 -
Valadi, Sam. (2012). "Empire State - New York City" [Photograph]. Retrieved from Flickr.
Behind BNY Mellon's war against B2B checks
Peer-to-peer payments have made consumer transactions cheap and efficient. BNY Mellon wants to do that for business payments, with additional communication, reporting and security measures.
By Suman Bhattacharyya • Nov. 25, 2020 -
Remote work exposes payment system inefficiencies
Although most organizations want to automate payments, only about 8% have fully done so.
By Robert Freedman • July 22, 2020
