Retail
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International players flock to US market as American consumers warm to BNPL
European and Australian companies that dominate the BNPL marketplace are taking on U.S. rivals.
By Suman Bhattacharyya • April 16, 2021 -
Courtesy of Mastercard
Acima, Mastercard team up to offer lease-to-own payment cards
Acima's new offering will allow consumers with low credit ratings to lease products, pay them over time and own products outright at the end of the payment cycle.
By Vaidik Trivedi • April 16, 2021 -
Consumer credit payment patterns shift during pandemic
Credit payment patterns changed last year as consumers looked to maintain liquidity during the pandemic, a recent TransUnion report said.
By Vaidik Trivedi • April 15, 2021 -
Permission granted by David Whitehead - Checkout.com
Checkout.com rolls out new product to provide real-time payouts
The new payment interface enables merchants and individuals to process domestic and cross-border payments in real-time.
By Vaidik Trivedi • April 14, 2021 -
PNC's 'low cash mode' gives users 24-hour overdraft buffer
The feature lets customers choose which payments will be processed if an overdraft is imminent. Tests of the product have helped users reduce insufficient-funds fees by more than 60%, the bank said.
By Anna Hrushka • April 14, 2021 -
Business spend management tools gain traction during the pandemic
Despite the COVID-19 impact, expense management software companies can expect 10.5% compound annual growth through 2024, research shows.
By Vaidik Trivedi • April 13, 2021 -
DoorDash
Instacart and DoorDash expected to offer credit cards
Digital brand names increasingly seek to keep their customers through loyalty programs tied to the cards while generating alternative sources of revenue, industry analysts told Payments Dive.
By Vaidik Trivedi • April 12, 2021 -
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 -
Retrieved from Mac Rumors on April 07, 2021
Facebook testing QR code for P2P payments
The new payment feature will allow Facebook users to send money to peers by scanning a QR code or a payment URL unique to each user.
By Vaidik Trivedi • April 08, 2021 -
Courtesy of Gemini
Gemini taps Alloy to bolster ID security on new crypto credit card
"As digital currencies and NFTs are picking up popularity among consumers, we are seeing more fraud attempts on that asset class," said Kevin Lee, a trust and safety architect at Sift.
By Vaidik Trivedi • April 07, 2021 -
Buy now, pay later moves into professional services
The rise in popularity of BNPL isn't just a fad, but will stick around even after the pandemic subsides, Brandon Rembe, chief product officer at Envestnet-Yodlee, said.
By Vaidik Trivedi • April 06, 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 -
Courtesy of Podium Mr. Baetge
Podium launches hardware point-of-sale product for local businesses
The company, which facilitates payments via text and Facebook Messenger, now offers a POS device for businesses to collect and manage their payments.
By Vaidik Trivedi • April 05, 2021 -
Getty Images
Deep Dive6 Payments trends for 2021
The pandemic accelerated emerging payments trends, as "both the merchant and customer side picked up pace to evolve with changing market conditions," Forrester analyst Lily Varon said.
By Vaidik Trivedi • April 05, 2021 -
Mastercard partners with fintech companies to fend off tech upstarts
Established payments companies are increasingly turning to technology partners to offer services that help them compete.
By Lynne Marek • March 31, 2021 -
Pixabay by AhmadArdity
COVID-19 accelerated need for real-time payments, report says
Mobile wallet adoption and a need for instant payments skyrocketed as the pandemic induced a change in consumer behavior and expectations, according to a recent ACI Worldwide study.
By Vaidik Trivedi • March 31, 2021 -
Financial institutions were slow to protect customers from fraud, Stratifyd report says
Financial institutions were overwhelmed with fraudulent activities skyrocketing during the pandemic, according to the data analysis of Consumer Financial Protection Bureau customer complaints.
By Vaidik Trivedi • 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 -
Courtesy of Splitit
Splitit brings installment payments to professional services globally
The company eyes global expansion of its BNPL services, and has partnered with the UnionPay International card network to expand its installment payment offering.
By Vaidik Trivedi • UPDATED: April 13, 2021 at 11:40 a.m. -
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 -
Tappit partners with Cincinnati Reds, San Diego Padres to bring contactless payments to MLB stadiums
Some venues are creating digital wallets, while others rely upon attendees to use their personal credit cards, or programs like Apple Pay. And other stadiums are providing fans the option to use a pre-paid debit cards.
By Anthony Epling • March 25, 2021 -
Courtesy of Teampay press kit
Teampay to expand its operations into Canada, aims to partner with a major card network
Teampay's goal to launch a one-of-a-kind corporate card program will integrate with their business spend management software.
By Vaidik Trivedi • March 24, 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 -
Permission granted by Stripe
Stripe faces building pressure for a go-public strategy
Stripe's Irish co-founder brothers will be balancing management, investor and banker views in deciding the best path to fund the company's future.
By Lynne Marek • March 22, 2021 -
Visa's debit card business comes under scrutiny from DOJ's antitrust division
The Department of Justice's antitrust division has in recent weeks begun a civil investigation into Visa's debit card processing practices, the Wall Street Journal reported.
By Lynne Marek • UPDATED: March 19, 2021 at 6:29 p.m.
