Retail

Enterprises prepare for ransomware threats during Thanksgiving

Retail, transportation and other sectors are bracing for heightened cyber risks during the holiday, placing renewed pressure on security operations. 

By David Jones • Nov. 24, 2021

How cash plays into a CBDC future

Cash use in the U.S. has been on the decline for years, but some lawmakers want to preserve it as a payment option for those who are more dependent on greenbacks. A digital dollar might help achieve goals for financial inclusion too.

By Lynne Marek • Nov. 23, 2021

Stripe CFO Suryadevara draws on challenges as GM CFO

Suryadevara has ventured into unfamiliar business terrain before, becoming GM treasurer with little prior knowledge of the role.

By Jim Tyson • Nov. 18, 2021

Will Amazon's war of words with Visa backfire?

Consumers may not tolerate fewer payment options from Amazon, an analyst says. Still, Amazon may be willing to risk angering customers as it pressures Visa and other payment providers to reduce their transaction costs.

By Jonathan Berr • Nov. 18, 2021

Amazon takes battle against Visa to UK

The move by the e-commerce behemoth Amazon to reject U.K. Visa cards is putting pressure on Visa to lower card transaction fees worldwide.

By Lynne Marek • Nov. 17, 2021

Mastercard expects holiday sales to be jolly for merchants

Finding a deal this holiday season will be a challenge for consumers as retailers grapple with shortages, Mastercard says.

By Jonathan Berr • Nov. 16, 2021

Podium raises $201 million, eyes expansion

After entering the payments business last year, the company says it’s on pace to process about $1 billion in transactions this year.

By Lynne Marek • Nov. 16, 2021

Affirm reports better outlook, sidesteps Peloton question

The BNPL payments company provided a brighter sales and revenue forecast for the fiscal year, but it skirted a question about the impact of a gloomier outlook at its long-time big customer Peloton.

By Lynne Marek • Nov. 11, 2021

Mastercard plans payments push

The company expects payments to grow at a faster rate than its core card business.

By Jonathan Berr • Nov. 11, 2021

Payments trade group rebuts retailers

The Electronic Payments Coalition says it wants to set the record straight: "Expanding the Durbin Amendment would be a disaster for consumers and small businesses."

By Jeff Tassey • Nov. 11, 2021

Crypto creeps into the checkout line

Payments firms are betting on crypto's growth as an asset class to fuel crypto adoption at checkout.

By Suman Bhattacharyya • Nov. 10, 2021

Amazon will accept Venmo next year

"Pay with Venmo is one of the key revenue drivers for Venmo going forward," PayPal CEO Dan Schulman said.

By Jonathan Berr • Nov. 9, 2021

Payments heads toward record venture funding year: CB Insights

Payments startups are sopping up what's likely to be a record amount of venture capital this year, as the industry collects money that's transforming the financial sphere.

By Lynne Marek • Nov. 5, 2021

Congress debates pros and cons of BNPL

Buy now-pay later users love the convenience but also are falling behind in their payments.

By Jonathan Berr • Nov. 3, 2021

Payments tech to draw $40B next year: Forrester

The research firm's 2022 outlook also anticipates IPOs for major payments players as well as increased use of digital wallets and QR codes.

By Tatiana Walk-Morris • Nov. 3, 2021

Moneygram versus Western Union competition rises at Walmart

Moneygram executives blamed competition with Western Union for a drop in revenue from its walk-in money transfer business at Walmart stores.

By Lynne Marek • Updated Nov. 4, 2021

How digital wallets allow retailers to capture more sales

Learn how to drive better conversion by offering your customers the alternative payment methods they love. Wherever they are. 

By Maxime Colas, Retail Business Development Manager, Checkout.com • Nov. 1, 2021

Amex rolls out first-ever debit card

The card company is making the debit card available to small- and mid-sized businesses in connection with a new checking account offering.

By Lynne Marek • Oct. 29, 2021

Fiserv loses big client identified as Stripe

The company told analysts on an earnings call that volumes were impacted by the exit of a "large processing client." Analysts identified that client as the mega-fintech Stripe.

By Lynne Marek • Oct. 28, 2021

Amex touts youthful spending

As the card company's marketing lures more cardholders, its executives are pleased to see new young customers outspending their elders.

By Lynne Marek • Oct. 27, 2021

Valley Bank unveils payments app for cannabis businesses

Valley Bank is partnering with a large processor to offer the service, which is similar to using a reloadable Starbucks wallet gift card, Chief Digital Product Officer Stuart Cook said. A "large processor" that's involved wants to remain anonymous.

By Anna Hrushka • Oct. 27, 2021

BNPL needs Visa to scale, CEO argues

Visa CEO Al Kelly contends that the new entrant buy now-pay later providers will need the card company's network to scale the business, and Visa is partnering to make that happen.

By Lynne Marek • Oct. 27, 2021

Discover CEO plans payments push

Discover's Payments business could have a much bigger impact on the company's bottom line, according to analysts at William Blair.

By Jonathan Berr • Oct. 26, 2021

Elavon eyes BNPL arena

Payments processor Elavon will do what it takes to get into the buy now-pay later market--whether that means buying, building or partnering, said CEO Jamie Walker.

By Lynne Marek • Oct. 26, 2021

Stripe and Klarna hook up

Two of the biggest fintech companies in the payments sphere said they are locking arms to share their services and customers.

By Lynne Marek • Oct. 26, 2021