Banking
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Google, Amex roll out anti-fraud tool
Amex is the latest card company to tap a Google virtual card service aimed at increasing the security of online payments.
By Lynne Marek • Feb. 7, 2023 -
Klarna jumps back to Y2K with Paris Hilton
An ad campaign developed with the fashion icon turned marketing pro reinvents her “That’s hot” catchphrase for the BNPL provider.
By Peter Adams • Feb. 7, 2023 -
Explore the Trendline➔
Natalia Darmoroz via Getty ImagesTrendlineWhat comes next for payments in 2023?
The payments industry is expected to keep blazing this year in several promising segments of the market, even as less capital flowing to startups is likely to trigger more competition and consolidation.
By Payments Dive staff -
Fiserv discloses acquisitions
Even as the payments and fintech giant cut employees and sold off business units, the company spent $1 billion on acquisitions last year.
By Caitlin Mullen • Feb. 7, 2023 -
Opinion
Eliminating costly false declines online
“False declines are especially problematic in an environment where demanding customers with high expectations are not afraid to take their business elsewhere,” writes an Experian executive.
By Chris Ryan • Feb. 6, 2023 -
Merchants frustrated with fees, tech issues
Inflation-weary business owners are less satisfied with their merchant service providers this year, a J.D. Power survey showed.
By Caitlin Mullen • Feb. 3, 2023 -
Payments firms make C-suite changes
In addition to new CEO appointments at Visa and Marqeta, payments companies Paysend, AvidXchange, TreviPay and LeafLink recently installed new executives.
By Tatiana Walk-Morris • Feb. 3, 2023 -
Checkout.com changes up leadership
The company promoted Céline Dufétel to president and elevated Nirupam Sinha to CFO as it pursues U.S. expansion and battles Stripe.
By Elizabeth Flood • Feb. 2, 2023 -
FIS sheds 2,600 employees: report
Amid a strategic review of operations, the payments processor and fintech giant has dismissed 2,600 workers, Bloomberg reported.
By Caitlin Mullen • Feb. 2, 2023 -
Euronet’s Dandelion takes on cross-border rivals
The international network that grew out of Ria parent Euronet is extending its cross-border money movement pitch to banks and businesses.
By Lynne Marek • Feb. 2, 2023 -
CFPB attacks credit card late fees
The Consumer Financial Protection Bureau proposed a new rule that would effectively cap credit card late fees and potentially save Americans $9 billion.
By Lynne Marek • Feb. 1, 2023 -
PayPal to cut 7% of its workforce
The digital payments pioneer said it’s cutting 2,000 employees as the company seeks to adapt to a new, more competitive environment.
By Lynne Marek • Jan. 31, 2023 -
Jack Henry earnings grab spotlight
Customer appetite for Jack Henry's services is likely to attract analysts' attention in the upcoming earnings report.
By Caitlin Mullen • Jan. 31, 2023 -
Marqeta’s new CEO targets embedded finance
Simon Khalaf, who takes the top job Tuesday, is counting on new embedded offerings to help expand the company’s services for corporate clients.
By Lynne Marek • Jan. 31, 2023 -
Visa gets snarled in probes
The card giant disclosed Friday that the Justice Department demanded more documents in an ongoing antitrust investigation, and the European Commission has opened a separate “preliminary investigation.”
By Lynne Marek • Jan. 30, 2023 -
Visa’s incoming CEO taps new team
Ryan McInerney, who takes over as CEO of the card network giant this week, recently appointed a pack of new leaders.
By Lynne Marek • Jan. 30, 2023 -
Visa, Mastercard, Amex results buoyed by consumer spending
The card companies said that consumer demand, including for travel, remained healthy in the fourth quarter of 2022, though growth moderated.
By Lynne Marek • Jan. 27, 2023 -
FIS sees another director resign
A second director resigned this month from the mega payment processor’s board as it undertakes a comprehensive review of its operations.
By Lynne Marek • Jan. 26, 2023 -
Warren calls for more regulation of crypto
The Democratic senator called SEC Chair Gary Gensler “the right leader to get the job done,” but said regulators need to do more to bolster their scrutiny of the industry.
By Anna Hrushka • Jan. 26, 2023 -
Visa stands by crypto
At the card giant’s annual meeting Tuesday, CEO Al Kelly showed no signs of backing off crypto. He also suggested Visa’s management team may change after he exits as CEO.
By Lynne Marek • Jan. 26, 2023 -
DailyPay lands $260M in debt financing
The early wage access provider has been raising capital to fund expansion in the U.S. and internationally.
By Lynne Marek • Jan. 26, 2023 -
Retailer targets Mexican Americans for digital wallet
The largest department store in Mexico is carving out a niche in offering digital and physical debit cards, as well as remittance services, to people sending payments over the border.
By Gabrielle Saulsbery • Jan. 25, 2023 -
Opinion
Why the Arizona AG opinion on EWA matters
“The Arizona decision is in line with decades of decisions across the country that have found that non-recourse products are not loans,” the Payactiv authors write in this opinion piece.
By Aaron Marienthal and Molly Jones • Jan. 24, 2023 -
Bluefin, Visa pursue network tokenization
Bluefin is entering a partnership with card network giant Visa as worldwide payment fraud is predicted to rise in the coming years.
By Tatiana Walk-Morris • Jan. 24, 2023 -
Stripe, Amazon ‘deepening’ their tie
Stripe has become “a strategic payments partner” in the U.S., Europe, and Canada for mega retailer Amazon under a renewed agreement.
By Lynne Marek • Jan. 24, 2023 -
Gemini cut another 10% of staff: report
The crypto exchange has been affected by Genesis' bankruptcy and the FTX contagion.
By Gabrielle Saulsbery • Jan. 24, 2023