Retail: Page 2


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    Bluefin, Visa pursue network tokenization

    Bluefin is entering a partnership with card network giant Visa as worldwide payment fraud is predicted to rise in the coming years.

    By Tatiana Walk-Morris • Jan. 24, 2023
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    Courtesy of Amazon

    Stripe, Amazon ‘deepening’ their tie

    Stripe has become “a strategic payments partner” in the U.S., Europe, and Canada for mega retailer Amazon under a renewed agreement.

    By Jan. 24, 2023
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    Trendline

    What comes next for payments in 2023?

    The payments industry is expected to keep blazing this year in several promising segments of the market, even as less capital flowing to startups is likely to trigger more competition and consolidation.

    By Payments Dive staff
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    Justin Sullivan / Staff via Getty Images

    Big banks to launch digital wallet operated by Zelle parent: report

    The wallet, which is expected to launch in the second half of the year, aims to compete with PayPal and Apple, sources told The Wall Street Journal. But serious competition may take a while, an analyst said.

    By Anna Hrushka • Jan. 24, 2023
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    metamorworks via Getty Images

    International coalition pursues cross-border payments improvements

    In a new report, a group of international organizations give a broad overview of routes for improving international payments systems.

    By Jan. 23, 2023
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    Joe Raedle / Staff via Getty Images

    Earnings preview: Payments companies face up to 4Q

    How economic stress challenged payments companies in the final months of 2022 will be closely watched in upcoming earnings reports.

    By Jan. 23, 2023
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    FIS director resigns after appointment last month

    An FIS director resigned last week after being appointed to the board in December, and the payments processor appointed two new directors.

    By Jan. 20, 2023
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    PayPal confirms data breach

    Impacted customers were notified of the incident nearly a month after it was discovered. It’s unclear where or how customer account credentials were obtained.

    By Matt Kapko • Jan. 20, 2023
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    Courtesy of Splitit/Jenny Volanakis

    Splitit targets tech assets for acquisition

    Splitit isn’t interested in being acquired, but the BNPL provider believes there may be assets ripe for the picking amid consolidation.

    By Jan. 19, 2023
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    David McNew via Getty Images

    Lightspeed cuts 300 jobs in restructuring

    With the 10% workforce reduction, the Canadian merchant payment services company is reorganizing in a bid for profitability.

    By Jan. 18, 2023
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    US payments startup funding cut in half last year

    Venture funding for payments companies dropped 50% globally last year too, but they attracted more than other fintechs in the fourth quarter.

    By Jan. 18, 2023
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    Bruce Bennett via Getty Images

    Wakefern unveils frictionless checkout pilot

    The supermarket operator teamed with tech firm Trigo to open an autonomous convenience store at its New Jersey corporate campus.

    By Catherine Douglas Moran • Jan. 18, 2023
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    Permission granted by Parkland USA

    How Parkland USA is bringing self checkout to its stores

    The fuel and convenience store company is considering expanding payment offerings through the self-checkout kiosks, including mobile and ACH options.

    By Jessica Loder • Jan. 17, 2023
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    bernie_photo via Getty Images

    Bank card spending volume slows

    The big banks’ fourth quarter 2022 card volume data could have implications for card giants Visa and Mastercard, an analyst said.

    By Jan. 17, 2023
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    Drew Angerer/Getty via Getty Images

    Affirm users jolted by multiple charges

    The buy now, pay later provider said it encountered a “technical issue” that has now been resolved, with user transactions to be corrected at banks within a week.

    By Jan. 13, 2023
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    Sean Gallup via Getty Images

    Oracle jumps into payments for retailers

    The tech titan will now process payments for retailers, as opposed to sending that part of a transaction to third parties.

    By Jan. 13, 2023
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    These payments companies could be acquisition targets

    With industry acquisitions ramping up this year, payments analysts have pinpointed a pack of potential payments company targets.

    By Jan. 12, 2023
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    Paya purchase bolsters Nuvei for economic downturn

    With its expansion in the U.S. and markets less susceptible to a decline in consumer demand, Nuvei is adding protection against a downturn.

    By Jan. 11, 2023
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    Peter_Cho via Getty Images

    Fintech funding tumbled in 2022

    U.S. fintech funding for the fourth quarter of 2022 was down nearly 80% compared to the same quarter in 2021, CB Insights said Wednesday.

    By Jan. 11, 2023
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    Courtesy of Amazon

    Amazon expands ‘Buy with Prime’ to all US merchants

    With help from Saas platform BigCommerce, the e-commerce giant is even looping sellers outside its own marketplace into its ecosystem.

    By Daphne Howland • Jan. 11, 2023
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    Justin Sullivan via Getty Images

    PayPal loses another finance executive

    The digital payments giant disclosed late Monday that its chief accounting officer has resigned to take a job with another company.

    By Jan. 10, 2023
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    Deep Dive

    6 payments trends to watch in 2023

    FedNow, embedded payments, deal-making, cybersecurity and more mature BNPL will be dominant themes, among others, in the industry this year.

    By , Jan. 10, 2023
  • PayPal CEO Dan Schulman sitting and gesturing with his hand.
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    Eugene Gologursky via Getty Images

    Will PayPal get a new CEO?

    CEO Dan Schulman faces speculation about his exit. “We think he could move on from PayPal, legacy intact,” one analyst team wrote.

    By Jan. 9, 2023
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    Win McNamee via Getty Images

    Durbin to reintroduce credit card competition bill

    The Democrat’s bill takes aim at the Visa-Mastercard duopoly, but faces an uphill battle for passage in a House controlled by Republicans. 

    By Jan. 6, 2023
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    Opinion

    Can anything challenge ACH?

    The ACH system has proven to be scalable, secure, ubiquitous and reliable, but complaints about processing times persist, writes Sila CEO Shamir Karkal.

    By Shamir Karkal • Jan. 6, 2023
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    Joe Raedle via Getty Images

    Card industry’s fraud-fighting efforts pay off: Nilson Report

    Industry efforts to fight card fraud are making an impact, with transactional losses per $100 trending downward, according to the Nilson Report.

    By Jan. 5, 2023