Google-Epic trial outcome undercuts app payment model

The jury verdict in favor of Epic Games challenges the Google Play app store model that forces payments through its system, with fees up to 30% on sales.

By Robert Freedman • Dec. 13, 2023

Google Pay taps Affirm, Zip for BNPL

The tech giant has linked with the buy now, pay later companies to develop installment payment options to be offered next year.

By Caitlin Mullen • Dec. 13, 2023

Explore the 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

ValueAct chops Fiserv stake: analyst

The activist investor has cut its ownership by about two-thirds, a sign that it might be satisfied with the payment company’s progress, Monness, Crespi, Hardt & Co. analyst Gus Galá says.

By Caitlin Mullen • Dec. 12, 2023

Mastercard ties growth to digital strategy

The network is advancing technologies to let consumers and businesses more easily use its cards, after doubling the number of merchants that accept them over the past five years.

By Lynne Marek • Dec. 11, 2023

Durbin bashes United Airlines in CCCA fight

Sen. Dick Durbin took to the Senate floor Thursday to push for a vote on the Credit Card Competition Act, taking a swipe at United Airlines along the way.

By Lynne Marek • Dec. 8, 2023

Lawmakers call for action on gun code

Sen. Elizabeth Warren and 48 other congressional Democrats called on the card networks to provide answers to a dozen questions related to the gun merchant category code.

By Caitlin Mullen • Dec. 7, 2023

Amazon drops Venmo users

Jettisoning Venmo from the retail juggernaut’s marketplace is another strike against PayPal’s recent growth efforts.

By Lynne Marek • Dec. 7, 2023

Fiserv resurrects growth officer role for M&A focus

The payments processor has hired an enterprise growth officer who will zero in on M&A, strategy and ventures for the company.

By Caitlin Mullen • Dec. 7, 2023

PayPal taps Fiserv exec for top post

PayPal’s new CEO is making executive suite changes, creating a president of global markets post and tapping a payments industry veteran for the role.

By Lynne Marek • Dec. 6, 2023

Amex CEO talks co-brand partnerships after Apple reports

The card issuer’s premium designation isn’t compatible with all potential card issuing partners, Amex CEO Steve Squeri said Tuesday.

By Caitlin Mullen • Dec. 6, 2023

PayPal venture arm backs Israeli data privacy startup

The funding boost comes as data privacy management startup Mine seeks to increase its hiring in the U.S.

By Alexei Alexis • Dec. 5, 2023

BNPL growth decelerates: Bank of America

The growth rate in the number of shoppers downloading buy now, pay later apps shrunk for this year's Thanksgiving shopping weekend compared to 2022.

By Tatiana Walk-Morris • Dec. 5, 2023

Banked builds a US presence

The fintech, founded in the U.K. and now building up operations in the U.S., expects its pay-by-bank services for bank clients will eventually lure retailers.

By Lynne Marek • Dec. 4, 2023

Reduce fraud risk during the holidays: 4 strategies for retailers

Boosting revenue while minimizing fraud risk is a common goal for e-commerce merchants, particularly during the holiday season when sales surge and fraud incidents tend to rise.

Dec. 4, 2023

Convenience retailer Yesway adopts Relay’s fuel payment software

Relay’s cardless purchasing capability allows more fleets and drivers to avoid fraud caused by card skimming, the logistics payment company said.

By Brett Dworski • Dec. 1, 2023

Discover pursues sale of student loan business

The card issuer said it’s seeking to offload its $10.4 billion student loan portfolio.

By Caitlin Mullen • Nov. 30, 2023

Black Friday orders through Klarna jump nearly 30%

As consumers feel the pinch of inflation, some are turning to installment payment services to stretch their budgets.

By Tatiana Walk-Morris • Nov. 29, 2023

PayPal tackles chargeback fraud

PayPal is attacking illegitimate customer returns with new policies after a rise in e-commerce activity has fueled that type of fraud across the industry.

By Lynne Marek • Nov. 29, 2023

Apple seeks to end Goldman Sachs credit-card partnership: reports

The proposed winddown would entail the entire consumer partnership, including the savings account that was rolled out this year, sources told The Wall Street Journal.

By Anna Hrushka • Nov. 29, 2023

BNPL bolsters holiday weekend spending

The Black Friday through Cyber Monday shopping weekend was a boon for BNPL providers and payments companies such as Stripe and Square.

By Caitlin Mullen • Nov. 29, 2023

Chase credit card snafu trips up Black Friday shoppers

The biggest bank in the U.S. erroneously declined some credit card users’ purchases on Black Friday, the busiest shopping day of the year.

By Lynne Marek • Nov. 28, 2023

Synchrony to sell pet insurance subsidiary for $750M gain

As part of the sale, Synchrony will also acquire an equity interest in Independence Pet Holdings.

By Caitlin Mullen • Nov. 28, 2023

How convenience industry leaders see the future of the store experience

Staffed checkout registers are losing importance, and industry executives are eyeing mobile-based, scan-and-go technology, according to a recent survey.

By Jessica Loder • Nov. 27, 2023

Credit card bill battle may slide into 2024

Prospects for passing the Credit Card Competition Act this year are dimming, but supporters and opponents remain locked in battle over the legislation.

By Lynne Marek • Nov. 27, 2023

NCR Voyix sells payments assets for $82M

The divestiture mainly consisted of merchant contracts, Voyix’s front-end authorization platform “and certain relevant intellectual property,” the company said in its quarterly filing.

By Caitlin Mullen • Nov. 27, 2023