Retail: Page 12

  • A picture of an Uber Mastercard
    Image attribution tooltip
    Courtesy of Uber
    Image attribution tooltip

    Mastercard aims to cancel manual card entry by 2030

    The card network has documented a spike in online fraud, and contends that numberless cards will reduce such wrongdoing.

    By Tatiana Walk-Morris • Nov. 15, 2024
  • Sen. Durbin grimaces at committee meeting.
    Image attribution tooltip
    Anna Moneymaker via Getty Images
    Image attribution tooltip
    Column

    Durbin gives credit card bill another Senate push

    Senate Democrat Dick Durbin is intent on pursuing the Credit Card Competition Act, and perhaps preserving his political future.

    By • Nov. 14, 2024
  • Creative image with coins jumping from one phone to another. Explore the Trendline➔
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Trendline

    Digital 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
  • Image attribution tooltip
    John Phillips via Getty Images
    Image attribution tooltip

    Klarna files for IPO

    The buy now, pay later company announced Tuesday it had filed confidentially with the Securities and Exchange Commission for an initial public offering.

    By • Nov. 13, 2024
  • Jared Isaacman standing in a corporate office.
    Image attribution tooltip
    Courtesy of Shift4
    Image attribution tooltip

    Will Shift4 scoop up Lightspeed?

    The acquisitive payments company could be a good fit with the Canadian point-of-sale technology provider, analysts said Monday.

    By • Nov. 11, 2024
  • Classic architecture details of a Bank building
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Q&A

    Open banking to move toward FDX standard

    Industry collaboration on open banking is likely to move forward, with or without the CFPB’s recent final 1033 rule, one Jack Henry executive said.

    By • Nov. 11, 2024
  • Image of a speaker on stage
    Image attribution tooltip
    Permission granted by Adyen
    Image attribution tooltip
    Sponsored by Adyen

    The future of embedded finance and payments

    Savvy SaaS platforms increasingly seek growth not through user acquisition alone, but through service expansion and lifting average revenue per user.

    Nov. 11, 2024
  • Cyberattack and internet crime, hacking and malware concepts.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Visa pinpoints rising fraud threats

    In a new report, the card network detailed cyber schemes and scams that have led it to invest $11 billion over the past five years in improving its systems.

    By Tatiana Walk-Morris • Nov. 10, 2024
  • Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    Afterpay to arrive on 24M Cash App cards

    The digital payment company’s leader, Jack Dorsey, aims to create lending services that will appeal to millions of U.S. adults who haven’t had access to other forms of credit.

    By Patrick Cooley • Nov. 8, 2024
  • Person stands outside building in front of ATM with things in his hands and plastic bag at his feet, with two people walking by behind.
    Image attribution tooltip
    Niccolo Guasti via Getty Images
    Image attribution tooltip

    Remitly, Payoneer cross-border payments climb

    Payments volume soared for the money transfer fintechs during the third quarter. Meanwhile, revenue at legacy rival Western Union slipped.

    By • Nov. 8, 2024
  • Donald Trump stands against a backdrop of supporters.
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    How Trump’s administration may rework payments policies

    The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.

    By Lynne Marek and Patrick Cooley • Nov. 7, 2024
  • Paze's logo is displayed on a smart phone.
    Image attribution tooltip

    Photo illustration: Shaun Lucas/Industry Dive; Getty Images; Paze

    Image attribution tooltip

    Paze gets new leader amid slow start

    Early Warning Services, the bank-owned company that operates Paze, tapped a new leader last month for the digital wallet operation after slow progress in launching the new service. 

    By • Nov. 7, 2024
  • The exterior of the Fiserv Forum.
    Image attribution tooltip
    Daniel Boczarski via Getty Images
    Image attribution tooltip
    Q&A

    Fiserv exec opens up on Walmart, DoorDash partnerships

    Sunil Sachdev, Fiserv’s head of embedded finance, shed light on his company’s latest high-profile collaborations.

    By • Nov. 6, 2024
  • A graphic showing a photo of a mobile phone showing an open app. Text in the app says "Flexa" and "pay Sheetz $15.57" above a scannable code. Illustrations of a dollar bill and lightning bolt .
    Image attribution tooltip
    Permission granted by Flexa
    Image attribution tooltip

    Sheetz accepting crypto at all locations

    After a limited trial run, customers can now use several popular digital currencies to buy items at all of the East Coast retailer’s 750-plus locations.

    By Jessica Loder • Nov. 5, 2024
  • DOJ, Visa, antitrust lawsuit
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Opinion

    DOJ’s Visa suit is unfounded

    The government acknowledges payment volumes are rising, in part because of fintech growth. This competition wouldn’t be happening if a single entity, like Visa, controlled the ecosystem.

    By Aurelien Portuese • Nov. 5, 2024
  • Mastercard point of sale, retail
    Image attribution tooltip
    Courtesy of Mastercard
    Image attribution tooltip

    Mastercard gains edge in ancillary services

    The card network is besting its larger rival Visa in the sale of cybersecurity and data services, at least according to one set of analysts who reviewed their recent results.

    By • Nov. 5, 2024
  • Close up of salesperson hands accounting, billing some goods for sale, finance concept.
    Image attribution tooltip

    unsplashed.com/Simon Kadula

    Image attribution tooltip

    Fiserv, Capital One, others invest $150M in Melio

    Some of the corporate investors are also partnering with the accounts payable and receivable company they’re backing.

    By Tatiana Walk-Morris • Nov. 4, 2024
  • A person uses a credit card to pay for a purchase on a computer
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Opinion

    Is the FTC targeting chargeback service providers?

    “For better or for worse, applying pressure to payments organizations to ferret out bad-merchant actors seems to be an effective way for the FTC to make private industry police the merchant marketplace,” writes an industry lawyer.

    By Edward A. Marshall • Nov. 1, 2024
  • Customer spending rising due to inflation
    Image attribution tooltip
    Joe Raedle via Getty Images
    Image attribution tooltip

    5 payments predictions from research firm Forrester

    Cash use worldwide will drop significantly next year, despite its U.S. persistence, the research firm Forrester predicts. Meanwhile, business-to-business acquisitions in the payments realm will pick up.

    By Tatiana Walk-Morris and Lynne Marek • Nov. 1, 2024
  • Close up of easy payment by credit card or smartphone application Greenhouse workers selling pottered flowers.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Global Payments sells AdvancedMD for $1.1B

    The payments processor divested the unit as part of a plan to streamline the company’s business, and it’s targeting more sales, CEO Cameron Bready said.

    By • Oct. 30, 2024
  • A person uses a red Bank of America ATM.
    Image attribution tooltip
    David McNew via Getty Images
    Image attribution tooltip

    BofA discloses CFPB probe of Zelle payments

    Bank of America is responding to a Consumer Financial Protection Bureau inquiry related to the bank’s processing of electronic payments through Zelle, the lender disclosed in a regulatory filing.

    By Caitlin Mullen • Oct. 30, 2024
  • Money transfer app on mobile device
    Image attribution tooltip
    Permission granted by MoneyGram
    Image attribution tooltip

    MoneyGram cites cash-to-digital conversion opportunity

    A MoneyGram executive speaking at the Money 20/20 conference cooed about the trillion-dollar opportunity to lure cash users to digital options, but didn’t mention the company’s recent systemwide outage.

    By Lynne Marek and Patrick Cooley • Oct. 30, 2024
  • MoneyGram phone sits on store counter.
    Image attribution tooltip
    Retrieved from Lynne Marek on March 04, 2022
    Image attribution tooltip

    MoneyGram replaces CEO, naming former Walmart executive to the role

    The money transfer company named the new CEO just weeks after a cyberattack led to a systemwide shutdown of its services for several days.

    By • Oct. 29, 2024
  • FTC regulation cable television internet
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Cable TV, advertisers ask appeals court to block FTC ‘click-to-cancel’ rule

    The companies call the new regulation arbitrary and capricious, carrying a presumption that subscription services are deceptive.

    By • Oct. 28, 2024
  • Exterior of the state capitol of Illinois in Springfield, IL
    Image attribution tooltip
    Getty Images
    Image attribution tooltip
    Opinion

    Illinois should abandon interchange law

    “Illinois has made a hasty decision that, if implemented, would have government change our payments system that functions so well that we barely notice it,” writes a trade group CEO.

    By Jodie Kelley • Oct. 25, 2024
  • Digital payments
    Image attribution tooltip
    Courtesy of Adyen
    Image attribution tooltip

    Finix eyes competition with rivals like Stripe

    The payment processor said Thursday that it raised $75 million and is seeking to grab a bigger slice of a payments market dominated by larger rivals.

    By • Oct. 25, 2024