Retail: Page 40


  • Ria sign in convenience store window
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    Permission granted by Lynne Marek
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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 Feb. 9, 2023
  • Customer pays with card
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    dikushin via Getty Images
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    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
  • Lock and credit card showing security theme Explore the Trendline
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    NatalyaBurova via Getty Images
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    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
  • Affirm to acquire Returnly.
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    Courtesy of Affirm
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    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 Feb. 9, 2023
  • Ryan McInerney with arms folded
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    Permission granted by Andy Gerit
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    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 Feb. 8, 2023
  • Diagram of FedNow payments
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    Federal Reserve. "FedNow Instant Payments". Retrieved from FRB Services.
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    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
  • A customer in front of a promotional sign for a scan and pay solution at a grocery store.
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    Courtesy of Instacart
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    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
  • A sign is posted in front of an office at Google headquarters on February 02, 2023 in Mountain View, California
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    Justin Sullivan via Getty Images
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    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 Feb. 7, 2023
  • Influencer Paris Hilton wears a pink dress against an emerald green background while holding a landline phone up to her ear.
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    Permission granted by CNW Group/Klarna
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    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 CEO Frank Bisignano
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    Eugene Gologursky / Stringer via Getty Images
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    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
  • Hand holding a phone with the Instacart App open.
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    Photo Illustration: Instacart; Getty Images

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    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
  • Worker using point of sale system in coffee shop
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    time99lek via Getty Images
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    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
  • Patrick and John Collison, Stripe co-founders
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    Permission granted by Stripe
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    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
  • Making a card payment
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    PeopleImages via Getty Images
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    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
  • A group of executives meet
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    fizkes via Getty Images
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    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
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    Permission granted by Standard AI
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    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
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    Permission granted by David Whitehead - Checkout.com
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    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
  • Stephanie Ferris head shot
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    Courtesy of FIS
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    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
  • Affirm and Amazon
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    Courtesy of Affirm
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    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
  • Ria sign in convenience store window
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    Permission granted by Lynne Marek
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    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 Feb. 2, 2023
  • Person looks at mobile phone advertising buy now-pay later offer while online shopping
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    Creative via Getty Images
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    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
  • Consumer Financial Protection Bureau Director Rohit Chopra with his hand raised while speaking.
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    Win McNamee via Getty Images
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    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 Feb. 1, 2023
  • PayPal CEO Dan Schulman walking in front of trees
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    Drew Angerer via Getty Images
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    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 Jan. 31, 2023
  • Marqeta CEO Simon Khalaf
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    Permission granted by Jordan Fellows
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    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 Jan. 31, 2023
  • The Department of Justice in Washington, D.C.
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    Drew Angerer via Getty Images
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    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 Jan. 30, 2023
  • Ryan McInerney with arms folded
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    Permission granted by Andy Gerit
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    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 Jan. 30, 2023