Retail: Page 12
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Courtesy of Walmart
Walmart, Fiserv team to offer real-time payments
The retail giant and payments processor are targeting next year for offering consumers a real-time payment option online.
By Lynne Marek • Sept. 20, 2024 -
Courtesy of Amazon
Amazon adds PayPal option to Buy with Prime
The e-commerce platform will also let consumers connect their PayPal and Prime accounts next year, and access free shipping via Buy with Prime on some merchants’ sites.
By Tatiana Walk-Morris • Sept. 20, 2024 -
Explore the Trendlineâž”
NatalyaBurova via Getty Images
TrendlineEmbedded payment tools make inroads
Business customers demanding integrated tools is likely to keep driving a trend toward more embedded payments tools.
By Payments Dive staff -
Neilson Barnard via Getty Images
Affirm CEO stakes out differences with Klarna
Affirm makes money off transactions, whereas Klarna has revenue from marketing, Affirm CEO Max Levchin contended.
By Patrick Cooley • Sept. 19, 2024 -
Rawpixel via Getty Images
OpinionWho really pays for your credit card reward points?
"While rewards may feel like a bonus for those who use credit cards regularly, they ultimately come at a cost," writes one payments executive.
By Parth Vatsal • Sept. 19, 2024 -
Kevin Dietsch via Getty Images
Credit Card Competition bill backers keep pressure on
Republican Sen. Roger Marshall has a new ad pitching the Credit Card Competition Act proposal aimed at dislodging Visa and Mastercard’s dominance.
By Lynne Marek • Sept. 19, 2024 -
Courtesy of Mastercard
Mastercard CFO to continue working after cancer diagnosis
Decisions on medical disclosures can be challenging for companies. Mastercard’s approach drew high marks from some corporate governance experts.
By Maura Webber Sadovi • Sept. 18, 2024 -
Scott Olson via Getty Images
Apple launches Affirm BNPL option
Apple Pay customers can now use their iOS 18 phone or iPadOS 18 to access Affirm buy now, pay later options, including some that don’t charge interest.
By Lynne Marek • Sept. 17, 2024 -
Permission granted by Block
Block shuffles leadership, creates chief risk officer role
Block will move several longtime executives into different positions and create a new role to address customer safety, the company said Monday.
By Patrick Cooley • Sept. 17, 2024 -
Retrieved from Beijing Daily App on September 16, 2024
Visa, Mastercard enable rail transit payment in Beijing
The major card networks enabled systems that allow international travelers in China to use their cards to pay for Beijing rail transit as of last week.
By Lynne Marek • Sept. 16, 2024 -
Chip Somodevilla via Getty Images
FTC cracks down on subscription traps
The Biden-Harris administration is taking to task companies that trap consumers in recurring subscriptions and make it nearly impossible to cancel.
By Kristen Doerer • Sept. 16, 2024 -
Chip Somodevilla via Getty Images
CFPB sues credit card company over excessive fees
The agency says Horizon Card Services violated the Truth in Lending Act by charging fees as high as 60% of a customer’s credit limit, and all but refusing to cancel their cards.
By Patrick Cooley • Sept. 16, 2024 -
Justin Sullivan via Getty Images
U.S. Bank rolls out access to Paze digital wallet
The bank began offering the payments option from Early Warning Services to its credit and debit cards customers this week.
By Patrick Cooley • Sept. 13, 2024 -
Permission granted by Ansa
Ansa debuts in-store digital wallet capabilities
Ansa last week launched a software development kit, which can be patched onto the code of a brand’s mobile app. “The pain’s on our side to make sure all their systems talk,” co-founder Sophia Goldberg said.
By Gabrielle Saulsbery • Sept. 13, 2024 -
whyframestudio via Getty Images
Global Payments CEO reshapes the business
The payments technology company is getting a remake with job cuts, an acquisition and potential divestitures a year after Cameron Bready ascended to the CEO post.
By Lynne Marek • Sept. 11, 2024 -
Courtesy of FIS
FIS draws fintech startups into accelerator
Fidelity National Information Services this week continued an annual program backing young fintechs that are striving to disrupt the financial services landscape.
By Lynne Marek • Sept. 11, 2024 -
Courtesy of PayPal
PayPal seeks to attract users offline
The digital payments pioneer is leaning on cashback rewards to attract more consumer use in stores, and will also tap near-field technology to expand.
By Lynne Marek • Sept. 10, 2024 -
Justin Sullivan via Getty Images
Amex taps troves of customer data
American Express eschews preset spending limits and instead relies on credit scores and spending history to manage risk, a company executive explained at a conference last week.
By Patrick Cooley • Sept. 10, 2024 -
Permission granted by Amazon
Amazon provides checkout tech at universities, stadiums
The company said it expects to place its automated checkout technology at more venues in 2024 than in any year previously.
By Jessica Loder • Sept. 9, 2024 -
Tero Vesalainen via Getty Images
Visa to upgrade pay-by-bank service in UK next year
The card network plans to make the account-to-account service available to consumers for paying bills, like rent, but eventually for other uses too, such as digital streaming.
By Patrick Cooley , Lynne Marek • Sept. 6, 2024 -
Scott Olson / Staff via Getty Images
Ex-Discover exec alleges age, gender bias in lawsuit
Diane Offereins is suing the card network over roughly $7 million in clawed-back equity, claiming she was a “convenient scapegoat” for Discover’s card misclassification issue.
By Caitlin Mullen • Sept. 5, 2024 -
Lynne Marek/Payments Dive
Grabango CEO pushes for more partnerships
The Berkleley, California-based company is looking to expand by building ties with established retailers, CEO Will Glaser said.
By Patrick Cooley • Sept. 5, 2024 -
Cecilie Arcurs via Getty Images
Academics question digital wallet security
Due to lax authentication practices, a thief or hacker can easily add a stolen credit card to their own digital wallet, the study concluded.
By Patrick Cooley • Sept. 4, 2024 -
Creative via Getty Images
Paysafe taps FIS alum for CFO amid growth pivot
The iGaming payments platform is looking to expand on its “robust” performance in the first half of the year with the appointment of new financial leadership.
By Grace Noto • Sept. 4, 2024 -
Courtesy of Zip
Maryland gets tough on BNPL
Two buy now, pay later companies pivoted in offering their services in the state because it insists they must be licensed to provide loans.
By Patrick Cooley • Sept. 3, 2024 -
Justin Sullivan via Getty Images
PayPal offers guest checkout service to Fiserv clients
The two firms are working together again as other payment giants collaborate on checkout enhancements.
By Tatiana Walk-Morris • Sept. 3, 2024
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