B2B: Page 2

  • Two wooden blocks on a computer keyboard that spell out "M&A"
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    Payments M&A in 2023 amounts to a whimper

    October’s uptick in activity didn’t continue through the remainder of the year, capping a quiet year for merger and acquisition activity in payments.

    By Caitlin Mullen • Jan. 12, 2024
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    AntonioSolano via Getty Images
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    Visa debuts Web3 loyalty program

    As the card network behemoth ventures into the Web3 experience, some firms are scaling back there.

    By Tatiana Walk-Morris • Jan. 10, 2024
  • Graphic of digital money transfer symbols overlaid on a map of the world Explore the Trendline➔
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    ArtemisDiana via Getty Images
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    Trendline

    Cross-border payments targeted for upgrades

    When it comes to cross-border payments, businesses, non-profits and governments alike are determined to increase the speed of transactions and cut the cost.

    By Payments Dive staff
  • People walk around in front of a truck offering free donuts.
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    Permission granted by Steve Smith
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    6 payments trends to watch in 2024

    Swipe fee battles, real-time payments, fraud prevention and acquisition plans will be among the hot topics pulsing through the industry this year.

    By , Caitlin Mullen , • Jan. 9, 2024
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    Creative via Getty Images
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    Canadian payments firms chart US growth

    Versapay and Brim Financial, both based in Toronto, have already lured U.S. customers, and are seeking to expand their clientele south of the border.

    By , Caitlin Mullen • Dec. 22, 2023
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    Justin Sullivan / Staff via Getty Images
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    Q&A

    Visa leans on fintech partners

    Teaming with emerging fintechs is “a way of staying very, very relevant,” said Jim Schinella, Visa’s global head of digital partnerships.

    By Caitlin Mullen • Dec. 20, 2023
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    Justin Sullivan via Getty Images
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    Visa seeks majority stake in Mexico payments processor

    The card network giant said it plans to purchase a controlling interest in Prosa, with banks retaining a minority stake, subject to regulatory approvals.

    By • Dec. 15, 2023
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    iStock / Getty Images Plus via Getty Images
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    Tipalti investigating ransomware attack

    The AlphV ransomware group claimed responsibility for the attack on Saturday and threatened to extort the business payments company's customers with allegedly stolen data.

    By Matt Kapko • Dec. 5, 2023
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    shih-wei via Getty Images
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    Bill to cut 15% of workforce

    The business payments software provider also said it’s closing its office in Sydney, Australia, as part of a broader restructuring.

    By Caitlin Mullen • Dec. 5, 2023
  • Businesswoman checks online invoice
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    AndreyPopov via Getty Images
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    Bill beats back Melio speculation

    Payments software company Bill isn’t in the market for “transformational” M&A and is more likely to pursue “tuck-in technology” type purchases, President John Rettig said on Friday.

    By Caitlin Mullen • Nov. 22, 2023
  • Wex CEO and chair Melissa Smith
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    Permission granted by Wex
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    Profile

    Wex CEO taps endurance to lead

    Melissa Smith has led the payments software and services company for nearly a decade, navigating once-in-a-lifetime events and spearheading an aggressive acquisition strategy.

    By • Nov. 16, 2023
  • Max Levchin, the CEO of buy now, pay later company Affirm
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    Kevin Dietsch / Staff via Getty Images
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    Affirm adds account to bolster card

    The buy now, pay later provider’s account will offer savings-level interest, ATM access and direct deposit, Affirm executives said. 

    By Caitlin Mullen • Nov. 15, 2023
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    GaryPhoto via Getty Images
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    DailyPay wage payments delayed due to Friday snafu

    The early wage access company didn’t immediately make some payments to workers because of a snag related to the Veterans Day holiday.

    By • Nov. 14, 2023
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    Justin Sullivan / Staff via Getty Images
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    Flywire scoops up Australian firm

    The $38.8 million acquisition of StudyLink will expand Flywire’s presence in the Australian higher education market, the company said.

    By Caitlin Mullen • Nov. 10, 2023
  • A corporate headshot of Stephanie Ferris, CEO of payment processor Fidelity National Information Services
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    Courtesy of FIS

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    FIS forms board committee to review litigant demands

    Fidelity National Information Services disclosed that its board has formed a committee and hired an independent counsel to review demands tied to a stockholder lawsuit.

    By • Nov. 9, 2023
  • People standing in a field, clad in sweatshirts, plastic aprons and baseball caps, with masks.
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    Brent Stirton via Getty Images
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    Cross-border payment headaches burden consumers: Mastercard report

    As international groups examine cross-border payment challenges, consumers and small businesses are worried about the costs and risks associated with sending money or receiving funds internationally.

    By Tatiana Walk-Morris • Nov. 7, 2023
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    Kurhan via Getty Images
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    Wex buys Payzer for $250M

    The purchase continues a spate of payments industry acquisitions this month, and will let the fleet management services company cross-sell more software. 

    By • Oct. 27, 2023
  • Fiserv CEO Frank Bisignano
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    Eugene Gologursky / Stringer via Getty Images
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    PayPal taps Fiserv as ‘core’ payments partner

    Fiserv CEO Frank Bisignano said Tuesday that his company is now PayPal’s “core U.S. partner for payment services.”

    By Caitlin Mullen • Oct. 25, 2023
  • Businesswoman checks online invoice
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    AndreyPopov via Getty Images
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    Global Payments B2B leader mulls M&A

    The head of B2B at Global Payments is keeping an eye out for acquisitions as he focuses on bringing the company’s business-to-business services to market.

    By Caitlin Mullen • Oct. 17, 2023
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    Michael M. Santiago / Staff via Getty Images
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    Q&A

    Fiserv exec talks Carat competition, growth

    Carat’s recent expansion of its relationship with customer Inspire Brands “is what ‘good’ looks like in many ways for us,” said Casey Klyszeiko, the head of Fiserv’s global commerce platform for large clients.

    By Caitlin Mullen • Oct. 16, 2023
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    baona via Getty Images
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    Cash use falls as instant payments gain ground: McKinsey

    Global cash use declined four percentage points last year, continuing a pandemic-era trend, consulting firm McKinsey said in a recent report.

    By Debbie Carlson • Oct. 13, 2023
  • Young woman depositing check by phone in a cafe.
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    FG Trade via Getty Images
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    Check use persists in B2B, despite digital acceptance

    Although roughly 99% of vendors surveyed accept ACH payment, the share of payments made via check was neck-and-neck with that for ACH this year, according to a MineralTree report.

    By • Oct. 12, 2023
  • A CEO in a leopard=print dress standing in front of a glass door.
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    Permission granted by Orum.

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    Orum uses FedNow to launch account verification tool

    The service, built on top of the Fed’s instant payments network, allows customers to verify a bank account within 15 seconds before sending a payment, Orum said.

    By • Oct. 10, 2023
  • Attendees at the Money 20/20 financial services conference in Las Vegas last year.
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    Lynne Marek/Payments Dive
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    Payments conferences to consider for 2024

    Payments professionals will have plenty of choices when contemplating conferences to attend next year. The hard part will be choosing which to attend. Here are our staff picks.

    By • Oct. 9, 2023
  • A customer pays for a purchase with a mobile device
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    Creative via Getty Images
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    Senate bill would let small businesses use SBA loans to cover fintech fees

    The Financial Technology Association is backing a bill that would clarify that loans made through the Small Business Administration’s flagship lending program can be used to pay for fintech services.

    By Anna Hrushka • Oct. 5, 2023
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    Image courtesy of Modern Treasury.

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    Modern Treasury CEO targets bigger customers

    The digital payment services company brought on a chief revenue officer last year to better serve larger companies, according to CEO Dimitri Dadiomov.

    By • Sept. 27, 2023