Struggling consumers turned to financing for holiday shopping: report

Buy now-pay later providers saw increased use during Black Friday, but credit and debit were the top payment methods for online orders.

By Tatiana Walk-Morris • Dec. 1, 2022

NFL expands Fortnite presence with Visa

The NFL Zone will be a persistent presence featuring mini-games, virtual tailgating experiences and content from creators. 

By Aaron Baar • Dec. 1, 2022

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

Credit card delinquencies, charge-offs climb

Despite the increases, consumers are still faring better in paying off balances than they were prior to the COVID-19 pandemic, according to S&P Global Market Intelligence.

By Lynne Marek • Dec. 1, 2022

Harvard researchers flag BNPL risks

The working paper shines a spotlight on BNPL risks just as the payment method lures more consumers amid high inflation.

By Caitlin Mullen • Dec. 1, 2022

Amex debuts B2B payments system

The card company is adding to its product line-up in an attempt to cater to small businesses as they try to recover from COVID-19 pandemic lows and face inflationary pressures.

By Tatiana Walk-Morris • Dec. 1, 2022

Amazon adds store with Just Walk Out tech

The 5,000-square-foot location in Southern California marks the latest addition in a region where the e-commerce giant operates numerous brick-and-mortar retail stores.

By Brett Dworski • Dec. 1, 2022

FIS, Fiserv could benefit from credit legislation

Legislation aimed at creating competition for card giants Visa and Mastercard could be a boon for payments companies FIS and Fiserv.

By Caitlin Mullen • Nov. 30, 2022

ACI charts 15% rise in holiday e-commerce

The payments software company said buy now-pay later made a big showing as e-commerce shot up for holiday shopping between Friday and Monday.

By Lynne Marek • Nov. 30, 2022

Visa growth tapers in October, November

The card network’s payments volume grew in October and November, relative to last year, but at a slower pace than earlier in the year.

By Lynne Marek • Nov. 29, 2022

Afterpay BNPL transactions climb

Afterpay transactions more than doubled last week relative to the first week of October, Block reported, as more consumers leaned on buy now-pay later financing.

By Caitlin Mullen • Nov. 29, 2022

NJ official: No reason to doubt Fiserv job growth plan

Fiserv “has given us no indication that (the company has) any change of plans in New Jersey,” said Tim Sullivan, CEO of the state’s Economic Development Authority.

By Caitlin Mullen • Nov. 28, 2022

PayPal counts on its digital app for gains

The digital payments pioneer is scouting for new ways to increase customer use of its digital wallet, including plans to add a new Venmo teen account.

By Lynne Marek • Nov. 28, 2022

Winners, losers on Black Friday

With inflation looming, consumers yearned for deals and sought financing options, such as buy now-pay later installment payments.

By Dani James • Nov. 28, 2022

JPMorgan’s crypto wallet trademark is approved

The green light comes more than two years after the bank submitted paperwork to the U.S. Patent and Trademark Office, and is at odds with some statements by its CEO.

By Dan Ennis • Nov. 22, 2022

FIS may cut thousands of workers, Bloomberg reports

The news report on workforce reductions at the payments processor follows its announcement earlier this month that it would embark on a $500 million cost-cutting program.

By Lynne Marek • Nov. 22, 2022

BNPL connected to overdraft charges, card fees: study

Heavy users of buy now-pay later ― which researchers said inspires consumers to spend beyond their means — showed larger declines in financial health, a recent academic study determined.

By Caitlin Mullen • Nov. 22, 2022

Demand for credit cards climbed this year

Consumer demand for credit cards rose this year over prior years, and card issuers increasingly approved their applications despite the worsening economic climate.

By Lynne Marek • Nov. 22, 2022

Afterpay, Expedia link for travel BNPL

The buy now-pay later provider and the travel booking company are teaming up to allow consumers to spread out payments for flights and hotels.

By Caitlin Mullen • Nov. 22, 2022

Holiday shoppers boost card use this year

Families of all income levels plan to increase holiday spending this year, and they expect to rely more heavily on credit cards for their purchases.

By Tatiana Walk-Morris • Nov. 21, 2022

Visa’s next CEO sees a world of growth

Ryan McInerney, who will become CEO of the card network juggernaut next year, recently detailed the areas where he sees opportunities for the company.

By Lynne Marek • Nov. 21, 2022

World Cup offers stage for payments tech

While one card network giant has grabbed center stage at the World Cup event in Qatar, other payments companies have landed bit roles too.

By Tatiana Walk-Morris • Nov. 21, 2022

Visa names new CEO for next year

Visa President Ryan McInerney will become the card network company’s next CEO next February as Al Kelly exits that role to become executive chairman.

By Lynne Marek • Nov. 18, 2022

Card debt mounts for younger, less affluent borrowers

Debt burdens and delinquencies are rising more rapidly for younger and less wealthy borrowers, the New York Federal Reserve Bank researchers said.

By Caitlin Mullen • Nov. 18, 2022

Credit swipe-fee relief needed

“Congress has a responsibility to bring much-needed transparency and competition” to credit card swipe fees, writes the chairman of the trade association for 7-Eleven franchisees.

By Sukhi Sandhu • Nov. 18, 2022

Self-checkout comprises nearly 40% of grocery checkout options, study says

Offering a mix of both manual and self-checkout lanes can appeal to a wider variety of shoppers and serve different types of shopping trips, according to shopper intelligence firm Catalina. 

By Catherine Douglas Moran • Nov. 17, 2022