Restaurant gift card sales dip

Restaurant gift card sales for the first half of this year were down about 2% over the period last year, according to software provider Paytronix.

By Caitlin Mullen • Aug. 17, 2022

Marqeta executive exodus follows IPO

Of 10 top executives leading the company at its IPO last year, only three remain, including CEO Jason Gardner, who said he plans to exit that role and become executive chairman.

By Jonathan Berr , Lynne Marek • Aug. 17, 2022

Explore the Trendline➔

Cross-border payments targeted for upgrades

When it comes to cross-border payments, businesses, non-profits and governments alike are determined to increase the speed of transactions and cut the cost.

By Payments Dive staff

Paysign aims to grow prepaid card services for drugs

Paysign aims to boost its prepaid card services for consumers shouldering the high cost of pharmaceuticals by offering drugmakers transparent pricing for such services.

By Joe Burns • Aug. 16, 2022

Circular Board, Mastercard unveil small business card

As a slew of fintechs try to capture small business customers, Circular Board’s Hello Alice brand is targeting entrepreneurs from marginalized backgrounds.

By Tatiana Walk-Morris • Aug. 16, 2022

Whole Foods expands use of Amazon One paytech

After rolling out the bio-authentication and payment technology to a handful of stores earlier this year, the grocery chain will add it to 65 locations in California.

By Peyton Bigora • Aug. 15, 2022

Auto dealers tap U.S. Bank for real-time payments

U.S. Bank is using The Clearing House’s real-time payments system to offer auto dealers the option for speedier delivery of loan funding.

By Tatiana Walk-Morris • Aug. 12, 2022

Toast gets growth spurt in restaurant payments

The restaurant software management company placed its digital tools at another 6,000 locations in the second quarter, for the biggest quarterly jump in that figure. 

By Lynne Marek • Aug. 11, 2022

Green Dot battles Uber, loses contracts

Green Dot disclosed in its recent quarterly report that it’s in a dispute with ride-share company Uber over their agreements. It also noted its failure to renew contracts with several other customers.

By Lynne Marek • Aug. 11, 2022

BNPL faces headwinds from rising rates, inflation: Fitch

Higher interest rates may make it more expensive for buy now-pay later providers to offer financing while inflation may put off lower-income consumers.

By Debbie Carlson • Aug. 10, 2022

Consumer spending rises despite inflation: Mastercard

While card issuers are bracing for economic headwinds, consumer spending has continued to rise recently, including for apparel, jewelry and travel.

By Tatiana Walk-Morris • Aug. 8, 2022

Let the credit card battle begin

Banks that issue credit cards and the retailers who hate their fees are lining up allies on Capitol Hill to fight over a new bill that calls for more competition in the industry. Visa and Mastercard are at the center of the conflict.

By Lynne Marek • Aug. 8, 2022

Visa, Mastercard react to Pornhub ruling

The two card companies took action against an advertising entity tangled up in a California lawsuit against the pornography website, which the plaintiff alleges illicitly posted images of her when she was a teenager.

By Lynne Marek • Aug. 5, 2022

Block pulls back on expenses

The parent of Square is cutting $250 million in planned expenses for the year, after reporting another quarterly net loss on Thursday.

By Caitlin Mullen • Aug. 5, 2022

Payments companies swap out CFOs

Amid macroeconomic pressures, FIS, PayPal, MoneyGram and Shift4 all appointed new CFOs this week. The trend may also mean they’re paying more for them.

By Caitlin Mullen • Aug. 5, 2022

FIS extends tie with Chargebacks911 to fight fraud

The partnership is aimed at arming merchants with digital tools to reduce chargebacks, cut costs and combat fraud.

By Jonathan Berr • Aug. 5, 2022

Gucci expands crypto payment options to ApeCoin, Euro Coin

More brands have entered the cryptocurrency and NFT markets despite signs of declining consumer interest.

By Tatiana Walk-Morris • Aug. 4, 2022

FIS reduces 2022 outlook

The major payments processing company said higher interest rates, increased wages and foreign exchange rates were putting pressure on the business.

By Lynne Marek • Aug. 4, 2022

B2B drives Q2 payments growth: Nacha

Healthcare and peer-to-peer payments also rose during the quarter over last year, the clearing house that runs the national automated system said.

By Tatiana Walk-Morris • Aug. 3, 2022

Mobile wallets gain traction in bill payments: survey

Consumers are increasingly interested in faster bill payment processing, a survey from payments firm ACI Worldwide revealed.

By Tatiana Walk-Morris • Aug. 1, 2022

Legislation aimed at Visa, Mastercard lands

A new bill to curb Visa and Mastercard’s dominance of credit payments is likely to rev up a long-time battle between merchants and card companies.

By Lynne Marek • July 29, 2022

Card CEOs react to macroeconomic threats

Amid talk of a recession, executives with Visa, Mastercard, American Express and Discover are keeping a close eye on inflation, consumer demand and unemployment levels.

By Caitlin Mullen , Lynne Marek • July 29, 2022

CEOs Sound Off: Payments execs navigate economic turmoil

CEOs of three payments companies share how macroeconomic headwinds are affecting their businesses and how they’re seeing their firms through the uncertainty.

By Jonathan Berr • July 29, 2022

Mastercard earnings get cross-border lift

“We will continue to watch the environment closely” and “be nimble in managing our expenses,” Mastercard CEO Michael Miebach said during a conference call with analysts.

By Caitlin Mullen • July 28, 2022

Durbin to lob bill at Visa, Mastercard

Sen. Dick Durbin is poised to make good on his long-time threat to further rein in the two big U.S. credit card companies Visa and Mastercard with legislation aimed at increasing competition.

By Lynne Marek • July 28, 2022

Visa's 3Q results defy recession talk

Visa’s fiscal third quarter results were buoyed by increased cross-border travel and consumer spending, with no signs of a recession in sight for the largest U.S. card company.

By Lynne Marek • July 27, 2022