Fiserv exec talks Carat competition, growth

Carat’s recent expansion of its relationship with customer Inspire Brands “is what ‘good’ looks like in many ways for us,” said Casey Klyszeiko, the head of Fiserv’s global commerce platform for large clients.

By Caitlin Mullen • Oct. 16, 2023

Goldman to sell installment lending fintech GreenSky

The deal, which marks the latest step in Goldman’s retreat from the mass market, is expected to close in the first quarter of 2024.

By Anna Hrushka • Oct. 13, 2023

Explore the Trendline➔

Embedded 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

Cash use falls as instant payments gain ground: McKinsey

Global cash use declined four percentage points last year, continuing a pandemic-era trend, consulting firm McKinsey said in a recent report.

By Debbie Carlson • Oct. 13, 2023

NMI acquires Sphere division

The deal will enhance NMI’s underwriting capabilities and allow ISVs and fintechs to create merchant accounts within the company’s existing platform, NMI said. 

By Tatiana Walk-Morris • Oct. 12, 2023

Fiserv buys Brazil’s Skytef

With the purchase, the payment processor said it adds about 600 independent software vendor partners and about 27,000 merchants in Brazil.

By Caitlin Mullen • Oct. 12, 2023

What 3 retailers’ approach to crypto says about the market

Pacsun, GameStop and Tag Heuer have all introduced crypto activations in recent years as the payment option grew in popularity.

By Xanayra Marin-Lopez • Oct. 10, 2023

Payments conferences yet to come in 2024

Payments professionals still have plenty of choices when contemplating conferences to attend in the second half of the year. Here are our staff picks.

By Lynne Marek • Updated July 3, 2024

CFPB’s Chopra warns of ‘financial censorship’ in payments

The federal agency is considering regulatory action to better protect U.S. consumers from “excessive surveillance,” Director Rohit Chopra said last week during a Brookings Institution event.

By James Pothen • Oct. 9, 2023

Seal the holiday deal: Quick Checkout for Adobe Commerce powered by Bolt improves the customer experience

Smart retailers are focusing on their existing customer base and improving the shopping experience to boost their end-of-year sales.

Oct. 9, 2023

BNPL to drive $17B in online holiday spending: Adobe

Online mobile spending will surpass computers for the first time and shoppers will turn more to buy now, pay later services, according to the report.

By Tatiana Walk-Morris • Oct. 6, 2023

Block cuts employees

Jack Dorsey-led Block is the latest payments company to make staff cuts and pull back on hiring as it pursues profitable growth.

By Caitlin Mullen • Oct. 6, 2023

Amex pilots biometrics in online checkout

The card issuer is testing fingerprint and facial recognition with a fraction of its U.S. consumer cardholders before rolling out the capabilities more broadly early next year.

By Tatiana Walk-Morris • Oct. 5, 2023

PIRG calls out Mastercard’s data sales practices

The consumer advocacy group has taken aim at the card network for selling cardholder information. Mastercard has disputed the allegations.

By Caitlin Mullen • Oct. 5, 2023

Senate bill would let small businesses use SBA loans to cover fintech fees

The Financial Technology Association is backing a bill that would clarify that loans made through the Small Business Administration’s flagship lending program can be used to pay for fintech services.

By Anna Hrushka • Oct. 5, 2023

Credit card debt tops $1 trillion, before the holidays even arrive

Retailers may feel the pinch, especially those whose own store cards are facing rising delinquencies and a potential cap on late fees.

By Daphne Howland • Oct. 3, 2023

Shift4 acquires SpotOn unit for $100M

With the purchase of SpotOn’s sports and entertainment business unit, Shift4 scoops up its rival’s customers in that market.

By Caitlin Mullen • Oct. 3, 2023

Payments bill defies congressional rancor

A bill important to the payments industry has attracted bipartisan support despite the political divide on Capitol Hill.

By Lynne Marek • Oct. 3, 2023

One-fifth of consumers consider BNPL to stretch holiday budgets: survey

Millennials are the most willing age group to consider BNPL to manage holiday spending amid rising prices, according to a Square and Afterpay report.

By Tatiana Walk-Morris • Oct. 3, 2023

Payment security at the pump tops consumer demands: survey

A fast payment process is another top feature customers value when buying items from convenience stores, Dover Fueling Solutions noted in its latest report.

By Jessica Loder • Oct. 3, 2023

States split over gun merchant category code

California passed a law last week forcing use of a gun merchant code, but other states have done the opposite. Now, maybe Congress will act.

By Caitlin Mullen • Oct. 2, 2023

Discover, FDIC reach consent agreement

The agreement, issued last week, addresses “shortcomings” in Discover Bank’s compliance management system for consumer protection laws, the company said.

By Caitlin Mullen • Oct. 2, 2023

Supreme Court to consider debit fee case

The U.S. Supreme Court agreed to hear the petition of a North Dakota merchant group that sued over the Federal Reserve Board’s calculation of a debit fee cap.

By Lynne Marek • Sept. 29, 2023

How Blackhawk Network quit PVC cards

“There's a huge, huge upside” for the environment every time a gift card is made from paper instead of PVC plastic, Blackhawk Network Senior Vice President Cara Renfroe said in an interview.

By James Pothen • Sept. 29, 2023

Global Payments tops Worldpay debt rating

Global Payments landed a better mark from debt rating agency Fitch than did Worldpay in recent reports. That may matter as they pursue acquisitions.

By Lynne Marek • Sept. 29, 2023

Keeping track of multiple BNPL loans? There’s an app for that.

Cushion CEO Paul Kesserwani felt overwhelmed when he tried to keep track of several BNPL loans at once, so he shifted his fintech’s focus to help others in the same boat.

By Gabrielle Saulsbery • Sept. 28, 2023