Retail: Page 40
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Euronet lands HSBC as Dandelion client
Euronet attracted the United Kingdom bank HSBC as one of the first financial institution clients for its Dandelion cross-border payments service.
By Lynne Marek • Feb. 9, 2023 -
Ingenico aims to make acquirers more competitive
Ingenico is adding an in-store payments software service, and hinted that a large U.S.-based merchant acquirer will start using it soon.
By Caitlin Mullen • Feb. 9, 2023 -
Explore the Trendline➔
NatalyaBurova via Getty ImagesTrendlineEmbedded 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 -
Affirm cuts 500 employees
The buy now, pay later provider is eliminating jobs after its loss for the fourth quarter of last year ballooned over the same period in 2021.
By Lynne Marek • Feb. 9, 2023 -
New Visa CEO snags 27% salary increase
The new top executive, Ryan McInerney, and other executives at the card network company also received multi-million-dollar stock awards.
By Lynne Marek • Feb. 8, 2023 -
Federal Reserve. "FedNow Instant Payments". Retrieved from FRB Services.
Jack Henry touts FedNow launch
In July, the company expects to become the first payments processor to launch the Federal Reserve’s new real-time service.
By Caitlin Mullen • Feb. 8, 2023 -
Instacart debuts Scan & Pay with NYC grocer
This marks the retail debut of the Instacart technology, which is part of the company’s suite of in-store solutions for retailers.
By Catherine Douglas Moran • Feb. 7, 2023 -
Google, Amex roll out anti-fraud tool
Amex is the latest card company to tap a Google virtual card service aimed at increasing the security of online payments.
By Lynne Marek • Feb. 7, 2023 -
Klarna jumps back to Y2K with Paris Hilton
An ad campaign developed with the fashion icon turned marketing pro reinvents her “That’s hot” catchphrase for the BNPL provider.
By Peter Adams • Feb. 7, 2023 -
Fiserv discloses acquisitions
Even as the payments and fintech giant cut employees and sold off business units, the company spent $1 billion on acquisitions last year.
By Caitlin Mullen • Feb. 7, 2023 -
Opinion
Eliminating costly false declines online
“False declines are especially problematic in an environment where demanding customers with high expectations are not afraid to take their business elsewhere,” writes an Experian executive.
By Chris Ryan • Feb. 6, 2023 -
Lightspeed bets on bigger customers
In pursuing profitable growth, point-of-sale software and payments provider Lightspeed Commerce is zeroing in on larger merchants as clients.
By Caitlin Mullen • Feb. 6, 2023 -
Stripe CFO exiting to handle ‘family matters’
Dhivya Suryadevara will leave the digital payments startup in April, as Stripe executives weigh taking the company public.
By Elizabeth Flood • Feb. 6, 2023 -
Merchants frustrated with fees, tech issues
Inflation-weary business owners are less satisfied with their merchant service providers this year, a J.D. Power survey showed.
By Caitlin Mullen • Feb. 3, 2023 -
Payments firms make C-suite changes
In addition to new CEO appointments at Visa and Marqeta, payments companies Paysend, AvidXchange, TreviPay and LeafLink recently installed new executives.
By Tatiana Walk-Morris • Feb. 3, 2023 -
Standard AI to acquire Skip Checkout
The deal would create the first company to combine self-checkout and AI-powered autonomous checkout for retailers, according to the announcement.
By Brett Dworski • Feb. 2, 2023 -
Checkout.com changes up leadership
The company promoted Céline Dufétel to president and elevated Nirupam Sinha to CFO as it pursues U.S. expansion and battles Stripe.
By Elizabeth Flood • Feb. 2, 2023 -
FIS sheds 2,600 employees: report
Amid a strategic review of operations, the payments processor and fintech giant has dismissed 2,600 workers, Bloomberg reported.
By Caitlin Mullen • Feb. 2, 2023 -
Is Affirm out as Amazon’s sole BNPL provider?
An exclusivity provision between the two companies has lapsed as the buy now, pay later arena becomes more competitive.
By Caitlin Mullen • Feb. 2, 2023 -
Euronet’s Dandelion takes on cross-border rivals
The international network that grew out of Ria parent Euronet is extending its cross-border money movement pitch to banks and businesses.
By Lynne Marek • Feb. 2, 2023 -
Zip pauses acquisitions
The Australia-based buy now, pay later provider’s acquisitive days “are behind us, for now,” said CEO Larry Diamond.
By Caitlin Mullen • Feb. 1, 2023 -
CFPB attacks credit card late fees
The Consumer Financial Protection Bureau proposed a new rule that would effectively cap credit card late fees and potentially save Americans $9 billion.
By Lynne Marek • Feb. 1, 2023 -
PayPal to cut 7% of its workforce
The digital payments pioneer said it’s cutting 2,000 employees as the company seeks to adapt to a new, more competitive environment.
By Lynne Marek • Jan. 31, 2023 -
Marqeta’s new CEO targets embedded finance
Simon Khalaf, who takes the top job Tuesday, is counting on new embedded offerings to help expand the company’s services for corporate clients.
By Lynne Marek • Jan. 31, 2023 -
Visa gets snarled in probes
The card giant disclosed Friday that the Justice Department demanded more documents in an ongoing antitrust investigation, and the European Commission has opened a separate “preliminary investigation.”
By Lynne Marek • Jan. 30, 2023 -
Visa’s incoming CEO taps new team
Ryan McInerney, who takes over as CEO of the card network giant this week, recently appointed a pack of new leaders.
By Lynne Marek • Jan. 30, 2023