Banking: Page 55
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Paymentus to accept payments via Green Dot Network
Paymentus is tapping Green Dot’s network to extend the number of locations where it accepts cash bill payments from consumers.
By Tatiana Walk-Morris • Jan. 23, 2023 -
International coalition pursues cross-border payments improvements
In a new report, a group of international organizations give a broad overview of routes for improving international payments systems.
By Lynne Marek • Jan. 23, 2023 -
Explore the Trendline➔
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TrendlineDigital wallets proliferate as features advance
As more companies aim to offer digital wallets the rise in competition is sharpening their features.
By Payments Dive staff -
Earnings preview: Payments companies face up to 4Q
How economic stress challenged payments companies in the final months of 2022 will be closely watched in upcoming earnings reports.
By Caitlin Mullen • Jan. 23, 2023 -
FIS director resigns after appointment last month
An FIS director resigned last week after being appointed to the board in December, and the payments processor appointed two new directors.
By Lynne Marek • Jan. 20, 2023 -
Splitit targets tech assets for acquisition
Splitit isn’t interested in being acquired, but the BNPL provider believes there may be assets ripe for the picking amid consolidation.
By Suman Bhattacharyya • Jan. 19, 2023 -
Payoneer tees up Webster Bank exec for CFO
Webster Bank alum Bea Ordonez will take the payments company’s finance reins in March after current CFO Michael Levine steps away from the role.
By Grace Noto • Jan. 19, 2023 -
Flexible rent payment options gain ground
A growing number of companies are bringing buy now, pay later to the rental market as inflation drives up housing costs and renters struggle to pay on time.
By Robyn Griggs Lawrence • Jan. 18, 2023 -
US payments startup funding cut in half last year
Venture funding for payments companies dropped 50% globally last year too, but they attracted more than other fintechs in the fourth quarter.
By Caitlin Mullen • Jan. 18, 2023 -
Bank card spending volume slows
The big banks’ fourth quarter 2022 card volume data could have implications for card giants Visa and Mastercard, an analyst said.
By Caitlin Mullen • Jan. 17, 2023 -
Affirm users jolted by multiple charges
The buy now, pay later provider said it encountered a “technical issue” that has now been resolved, with user transactions to be corrected at banks within a week.
By Lynne Marek • Jan. 13, 2023 -
PayPal, Visa team on faster cross-border payments
PayPal’s Xoom service has linked with Visa Direct to offer real-time debit card deposits in 25 countries where U.S. residents can send money.
By Lynne Marek • Jan. 13, 2023 -
2023 Payments Outlook
These payments companies could be acquisition targets
With industry acquisitions ramping up this year, payments analysts have pinpointed a pack of potential payments company targets.
By Caitlin Mullen • Jan. 12, 2023 -
Amex acquires B2B automation company Nipendo
The acquisition is the latest B2B move for the card company, which expects Nipendo’s capabilities to strengthen its position in that market.
By Caitlin Mullen • Jan. 12, 2023 -
Banks, fintechs battle over SBA’s proposal
Vice President Kamala Harris has said opening the SBA’s flagship lending program to fintechs would increase loans in underserved markets.
By Anna Hrushka • Jan. 11, 2023 -
Paya purchase bolsters Nuvei for economic downturn
With its expansion in the U.S. and markets less susceptible to a decline in consumer demand, Nuvei is adding protection against a downturn.
By Lynne Marek • Jan. 11, 2023 -
Fintech funding tumbled in 2022
U.S. fintech funding for the fourth quarter of 2022 was down nearly 80% compared to the same quarter in 2021, CB Insights said Wednesday.
By Caitlin Mullen • Jan. 11, 2023 -
Deep Dive // 2023 Payments Outlook
6 payments trends to watch in 2023
FedNow, embedded payments, deal-making, cybersecurity and more mature BNPL will be dominant themes, among others, in the industry this year.
By Lynne Marek , Caitlin Mullen • Jan. 10, 2023 -
Adobe Stock/artinspiring/bbk22
Sponsored by PaymerangRecession-proofing a business starts in the accounts payable department
How AP Automation can help you survive and thrive during times of economic uncertainty.
Jan. 9, 2023 -
Extend targets hiring, expansion
The virtual corporate card and expense management services company plans to increase its workforce by 20% as it expands in the U.S. and abroad.
By Lynne Marek , Caitlin Mullen • Jan. 8, 2023 -
Durbin to reintroduce credit card competition bill
The Democrat’s bill takes aim at the Visa-Mastercard duopoly, but faces an uphill battle for passage in a House controlled by Republicans.
By Lynne Marek • Jan. 6, 2023 -
Opinion
Can anything challenge ACH?
The ACH system has proven to be scalable, secure, ubiquitous and reliable, but complaints about processing times persist, writes Sila CEO Shamir Karkal.
By Shamir Karkal • Jan. 6, 2023 -
Card industry’s fraud-fighting efforts pay off: Nilson Report
Industry efforts to fight card fraud are making an impact, with transactional losses per $100 trending downward, according to the Nilson Report.
By Caitlin Mullen • Jan. 5, 2023 -
Clearing House, Swift appoint top executives
The companies tapped new leaders as they seek to build international cross-border payment systems amid rising global competition.
By Tatiana Walk-Morris • Jan. 5, 2023 -
Fed, OCC, FDIC issue joint warning on crypto risks
The regulators didn't go so far as to create new rules around bank-crypto partnerships, but said they're "continuing to assess" if — and how — such tie-ups can proceed safely.
By Gabrielle Saulsbery • Jan. 4, 2023 -
2023 Payments Outlook
Payments deals may climb in 2023
While the number of deals in the payments industry declined 14% last year, and even more by value, there are reasons to believe 2023 will be more active.
By Lynne Marek • Jan. 4, 2023