Retail: Page 10
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Permission granted by Walmart
Klarna seeks to flex advertising muscle
Buy now, pay later provider Klarna has become an advertising juggernaut, and the new tie to Walmart will give it access to troves of additional customer data.
By Patrick Cooley • March 19, 2025 -
Permission granted by Brex
Brex strives for predictability after operational overhaul
After the company laid off 20% of its employees last January and changed the way it puts out products, Brex COO Camilla Matias has high hopes for what’s coming.
By Gabrielle Saulsbery • March 18, 2025 -
Explore the Trendlineâž”
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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 -
Kaarin Vembar/Payments Dive
Klarna to displace Affirm as Walmart BNPL provider
The Swedish buy now, pay later business partnered with a Walmart-backed fintech to offer loans at the retail giant via a digital payments app.
By Patrick Cooley • March 17, 2025 -
Anna Webber via Getty Images
Block takes on payday lenders with Cash App
The company says new consumer loans to be made by its Square bank through the digital wallet are a less expensive alternative to predatory short-term financing.
By Patrick Cooley • March 17, 2025 -
Noam Galai via Getty Images
Klarna whittled workforce via AI ahead of IPO
The Swedish buy now, pay later juggernaut cut its headcount in each of the past two years, and expects to keep shrinking it.
By Justin Bachman , Lynne Marek • March 16, 2025 -
Permission granted by PDI Technologies
Digital payments to exceed $33.5 trillion by 2030: report
Consumers are predicted to rely less on debit and credit cards and turn more to mobile wallets in the coming years, a Worldpay report predicts.
By Tatiana Walk-Morris • March 14, 2025 -
Courtesy of American Express
Payments firm ‘for sale’ signs pop up as buying interest swells
Payments players, including Green Dot and Flywire, have potentially put their businesses up for sale and larger companies have shown their appetite for acquisitions as an uncertain economy increases financial pressures.
By Lynne Marek • March 13, 2025 -
Justin Sullivan via Getty Images
How PayPal is bolstering its branded business
The payments pioneer is counting on merchant tech upgrades, its buy now, pay later offering and Venmo to re-energize its flagship business, a top executive said this week.
By Lynne Marek • March 12, 2025 -
Permission granted by Fiserv
Fiserv CEO transition took only 10 days, CFO says
CEO Frank Bisignano quickly deemed his successor, Mike Lyons, ready to lead the payment processor, but don’t expect any strategy shifts, Fiserv’s CFO said.
By Justin Bachman • March 11, 2025 -
Scott Olson via Getty Images
Green Dot considers sale as CEO exits
The embedded finance company, which posted a loss last year, hired Citigroup to explore its strategic options and named an interim CEO.
By Lynne Marek • March 11, 2025 -
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Sezzle pitches coupon feature to consumers and merchants
The discounting function will allow merchants to increase their products' exposure, the company says.
By Patrick Cooley • Updated March 7, 2025 -
Permission granted by Fiserv
Fiserv investors count on next CEO’s well-rounded resume
The payment processor’s CEO designate, Mike Lyons, has won over analysts and investors with his experience at bank clients and payment peers. He’s expected to take over from Frank Bisignano later this year.
By Patrick Cooley • March 6, 2025 -
Courtesy of Stitch Fix
Online retailer Stitch Fix expands BNPL options
Stitch Fix is one of many retailers increasing buy now, pay later options. It added Affirm this week to a roster that also includes Klarna and Afterpay.
By Tatiana Walk-Morris • March 6, 2025 -
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Checkout.com opens San Francisco office
The British digital payments company is expanding its U.S. presence after seeing revenue surge last year.
By Lynne Marek • March 5, 2025 -
Courtesy of Taco Bell
PAR Technology fuels software strategy with acquisitions
The company has pivoted to a software strategy, by buying up other companies and building on its point-of-sale hardware beginnings.
By Lynne Marek • March 4, 2025 -
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Zip targets BNPL services at everyday purchases
New partnerships focused on common consumer transactions recently allowed the Australian buy now, pay later company to boost revenue in the U.S. market.
By Patrick Cooley • March 4, 2025 -
Lynne Marek/Payments Dive
Visa lays out blueprint for global growth
As if to push back against slowing card business growth in the U.S., the network’s top executives have staked out areas targeted for expansion.
By Lynne Marek • March 3, 2025 -
Permission granted by Fiserv
Q&A
Fiserv exec talks real-time payments and challenges
Matt Wilcox, president of digital payments solutions for Fiserv, discussed the company’s plans for making real-time payments ubiquitous, and the hurdles to reaching that goal.
By Patrick Cooley • March 3, 2025 -
Getty Images
NCR Voyix links with Worldpay, reports revenue drop
The e-commerce payments company narrowed its losses last year, even as revenue declined. Now, it’s wooing restaurants and retailers through the new tie.
By Tatiana Walk-Morris • Feb. 28, 2025 -
Permission granted by Stripe
Stripe bids for worker shares in offer worth $91.5B
The payments processing company will join with some of its investors to buy stock from current and former employees, Stripe said Thursday.
By Patrick Cooley • Feb. 27, 2025 -
Caitlin Mullen/Payments Dive, data courtesy of Industry Dive employee Caitlin Mullen
Gen Z uses BNPL more than credit cards, survey shows
A J.D. Power survey of about 4,300 U.S. consumers found that more of them used buy now, pay later products than credit cards during the holiday shopping season last year.
By Patrick Cooley • Feb. 27, 2025 -
Courtesy of Facebook
Digital gift card provider Raise closes $63M round
Cryptocurrency-focused investment firms and organizations poured capital into the gift card company that says it focuses on “blockchain-powered payments.”
By Tatiana Walk-Morris • Feb. 26, 2025 -
Scott Olson via Getty Images
Amex, Alipay target fast-growing China market
The card company has locked arms with the local digital payments player to accelerate its growth in China, the world’s second most populous nation.
By Patrick Cooley • Feb. 26, 2025 -
Anna Moneymaker via Getty Images
Durbin to reintroduce credit card competition bill
The senate minority whip from Illinois plans to reintroduce the Credit Card Competition Act proposal in a bid to increase competition for Visa and Mastercard.
By Lynne Marek • Feb. 25, 2025 -
Justin Sullivan via Getty Images
PayPal CFO takes on COO role
Jamie Miller added the new responsibilities as she teams with CEO Alex Chriss to give the digital payments pioneer a bigger role in commerce.
By Lynne Marek • Feb. 25, 2025
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