B2B: Page 2


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    Courtesy of Dressbarn

    PayPal's Happy Returns to add service in Ulta stores

    PayPal's Happy Returns services will now be available at the beauty products store chain. PayPal has integrated its returns services into multiple retailers’ brick-and-mortar locations over the past few years.

    By Tatiana Walk-Morris • March 28, 2022
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    Sightline taps JPMorgan Chase for gaming expansion

    Sightline is hiring the big bank after raising significant equity capital last year. Payments processors have unveiled new services as online gambling has increased over the past few years.

    By Tatiana Walk-Morris • March 25, 2022
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    Trendline

    Tracking a fast-expanding universe: 2022 Payments Dive outlook

    Payments technologies are multiplying across the consumer landscape, from checkout to virtual cards to digital wallets. Understanding how those changes will affect services, products and consumers is key as payment options grow in new directions.

    By Payments Dive staff
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    Mark Wilson via Getty Images

    Ramp raises $750M to fuel growth

    New York-based corporate spend management platform Ramp said today it's raised $200 million in equity and $550 million in debt financing, bringing its valuation to $8.1 billion.

    By March 21, 2022
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    Moving big money is about to get faster

    In the next few weeks, the two U.S. automated payments systems are set to increase the speed with which $1 million can be sent between two parties.

    By March 16, 2022
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    metamorworks via Getty Images

    Shift4 to buy 2 companies for $579M

    The Allentown, Pennsylvania-based payments provider said it has agreed to acquire the cross-border player Finaro and cryptocurrency donations firm The Giving Block in a bid to expand its global reach.

    By March 2, 2022
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    Opinion

    Decline of cash spotlights swipe fees

    "At a time when the economy is still building back from the pandemic, these rising fees desperately need to be brought under control, and the rapid move toward an all-electronic economy with little cash makes the need to do so all the more urgent," writes National Retail Federation Vice President Leon Buck.

    By Leon Buck • Feb. 16, 2022
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    FIS acquires fintech Payrix

    Payments giant Fidelity National Information Services (FIS) has acquired fintech Payrix to bolster its embedded payments offerings in the e-commerce space for small and medium-sized businesses. On Tuesday, FIS President Stephanie Ferris called it a "small but really highly strategic acquisition."

    By Feb. 15, 2022
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    ACI creates BNPL gateway for merchants

    As consumers flock to buy now-pay later options, ACI Worldwide is launching a global BNPL interface for merchants the company says will be a single gateway to multiple installment lenders.

    By Feb. 15, 2022
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    Payments confronts fundraising slowdown

    “There was a lot of exuberance around valuations of young, fast-growing payments companies, and that exuberance hasn’t gone away completely, but it’s begun to wane,” said Zach Sadek, partner with Parthenon Capital, a private equity firm in Boston.

    By Feb. 14, 2022
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    Retrieved from Global Payments Spokesperson Matt Cochran on September 10, 2021

    Global Payments puts Netspend on sales block

    The Atlanta payments processor aims to offload its Netspend consumer debit card business so it can focus more exclusively on B2B operations. "We intend to retain its B2B assets as we further expand this new pillar of our strategy," the company's CEO said.

    By Feb. 11, 2022
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    FIS joins forces with Singapore's Crypto.com

    As interest in cryptocurrencies persists, despite wild fluctuations in prices, one of the largest U.S. payments processors is delving deeper into crypto with this new pact.

    By Feb. 9, 2022
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    Mastercard teams with fintechs on small business card

    Mastercard is teaming up with two San Francisco fintechs, Highnote and Flowcast, to create a new credit card for small businesses. They're jumping into a field where high-growth fintechs like Brex and Ramp are already gaining traction.

    By Feb. 9, 2022
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    UnionPay expands pact with Fiserv

    Fiserv tapped UnionPay to expand services internationally, allowing the Shanghai-based card company to reach more consumers and merchants. "We have several notable international wins in the quarter, including an expanded partnership with UnionPay International," said Fiserv CFO Bob Hau during the company's Tuesday earnings call.

    By Feb. 8, 2022
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    Nacha payments value jumped to $72.6 trillion last year

    Electronic payments racing through the Nacha network increased for the seventh consecutive year in 2021, with the value of the payments jumping 17.4% and the volume rising 8.7% over 2020, the organization said.

    By Feb. 4, 2022
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    "Calculator" by stevepb is licensed under CC BY-SA 2.0

    CFOs slow to upgrade cash tracking despite pandemic: Forrester

    More than half of companies surveyed by Forrester Research struggle to upgrade payment processes to meet users’ needs. Seven out of 10 financial executives say their cash flow systems provide only partial insight into their companies’ financial position.

    By Jim Tyson • Jan. 31, 2022
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    Stripe strikes deal with Spotify

    The private payments company – one of the most valuable fintech startups in the U.S. – has teamed up with music streaming pioneer Spotify to enable podcasters to accept payments. It's the latest in a string of new partnerships.

    By Jan. 26, 2022
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    San Francisco startups vie for checkout dominance

    In the crowded checkout technology space, startups Bolt and Fast are competing to become the company known for making the process smoother and speedier.

    By Jan. 25, 2022
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    CFPB weighs in on earned wage access

    The federal agency hinted this week that it will scrutinize earned wage access services and their fees to determine whether they're subject to lending laws. It also suggested it may revisit Trump-era policies regarding such businesses.

    By Jan. 20, 2022
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    Payments pros demand top dollar in talent war

    It’s become a “candidates’ market” with companies desperate to hire or retain payments executives and offering up to 30% premiums to lure professionals in short supply.

    By Jan. 20, 2022
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    B2B payments can be a pain. Here's why 2022 might be the year that changes.

    The COVID-19 pandemic pushed the fast-forward button on payments innovation in the B2B space, and a crop of new technologies are set to make these payments faster and easier.

    By Jan. 18, 2022
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    Payments firms see slam dunk opportunity with sports venues

    Digital payments players are charging into the sports and events space, bringing new technologies to arenas they say can improve the fan experience and unlock a trove of data.

    By Jan. 10, 2022
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    The potential payments peril of punishing Russia

    The international community is weighing kicking Russia out of the Swift global payments network as a sanction for the country's aggression in Ukraine, but it could backfire.

    By Jan. 6, 2022
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    Payments deals pile up in 2021

    More than $50 billion in acquisitions were announced last year by companies in the payments arena. That wasn't a record, but it still ranked among one of the industry's busiest years for deal-making.

    By Jan. 5, 2022
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    7 payments trends for 2022 as innovation climbs

    From cross-border services to BNPL to cybersecurity tools, there will be no shortage of innovation and competition in the payments industry as businesses and their regulators shape new digital tools in the wake of the COVID-19 pandemic.

    By , , Jan. 4, 2022
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    Payments firms raised record sums in 2021

    It was a banner year for payments startups in 2021, as they raked in nearly $32 billion in investments, according to research firm CB Insights. This year could be even hotter.

    By Dec. 28, 2021