Retail: Page 51


  • Mastercard image of two interlocking circles and a horizon seen through them.
    Image attribution tooltip
    Courtesy of Mastercard
    Image attribution tooltip

    Mastercard expands sonic branding with 'Priceless' album

    The multi-artist album, a first-time marketing move by the card company, features original songs that incorporate Mastercard’s brand sound.

    By Chris Kelly • June 22, 2022
  • Image attribution tooltip
    Drew Angerer via Getty Images
    Image attribution tooltip

    Mastercard shareholders reject ghost guns proposal

    A shareholder who is also a state official and candidate for Congress urged the card giant’s board to issue a report related to untraceable guns, but the proposal didn’t win enough support to pass at the company’s annual meeting.

    By Caitlin Mullen • June 22, 2022
  • Lock and credit card showing security theme Explore the Trendlineâž”
    Image attribution tooltip
    NatalyaBurova via Getty Images
    Image attribution tooltip
    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
  • A representation of blockchain technology
    Image attribution tooltip
    NicoElNino via Getty Images
    Image attribution tooltip
    Opinion

    Friendly fraud: How should fintechs view the risks?

    With friendly fraud, fintechs don’t always consider the whole picture when it comes to fraudulent disputes.

    By Sarah Mirsky-Terranova • June 21, 2022
  • Image attribution tooltip
    designer491 via Getty Images
    Image attribution tooltip

    Discover eyes benefits of downturn

    As smaller fintechs grapple with restructuring challenges, the card company expects there will be more opportunities for it in hiring talent and acquiring businesses.

    By Caitlin Mullen • June 21, 2022
  • Image attribution tooltip
    Courtesy of Walmart
    Image attribution tooltip

    Walmart, Roku partner to evolve shoppable streaming ads 'beyond the QR code'

    The mega-retailer is the exclusive partner on a new Roku feature that allows people to purchase products by clicking on ads with their remote.

    By Peter Adams • June 17, 2022
  • Image attribution tooltip
    ChakisAtelier via Getty Images
    Image attribution tooltip
    Opinion

    Card fees: the price hike nobody is talking about

    "The Visa-Mastercard duopoly controls about 80% of the market share, allowing them to raise fees indiscriminately and with no formidable opposition," contends Doug Kantor, general counsel for the National Association of Convenience Stores.

    By Doug Kantor • June 17, 2022
  • The exterior of the Consumer Financial Protection Bureau building
    Image attribution tooltip
    The image by Ted Eytan is licensed under CC BY-SA 2.0
    Image attribution tooltip

    CFPB urges standardization in BNPL credit reporting

    The agency isn’t pleased about the three big credit reporting bureaus taking different approaches to tracking consumer data for buy now-pay later financing.

    By Updated June 17, 2022
  • Person holding black phone
    Image attribution tooltip

    ROBIN WORRALL/Unsplash.com

    Image attribution tooltip

    Samsung debuts a new digital wallet with crypto

    The new wallet will store IDs, cards and crypto, giving the South Korean company more leverage to compete with digital payment apps from tech giants Apple and Google.

    By Tatiana Walk-Morris • June 16, 2022
  • Cars parked in a lot
    Image attribution tooltip
    Fahroni via Getty Images
    Image attribution tooltip

    Startup Metropolis snags $167M to scale

    Metropolis Technologies, which uses computer vision and machine learning for parking payments, plans to use the funding to scale, aiming to hire 500 workers by the end of the year.

    By Caitlin Mullen • June 15, 2022
  • A man carrying orange bags with the word Grubhub on the side.
    Image attribution tooltip
    Courtesy of Grubhub
    Image attribution tooltip

    Grubhub adds instant pay option for delivery drivers

    Food delivery company GrubHub will make an instant payout option available to its couriers, with an assist from PayPal and Visa, so drivers can deposit earnings to a debit card.

    By Alicia Kelso • June 15, 2022
  • PayPal phone app for purchases
    Image attribution tooltip
    Permission granted by PayPal Spokesman Joseph Gallo
    Image attribution tooltip

    PayPal expands BNPL payment options

    PayPal is making a bigger move into buy now-pay later financing as competitors in that arena multiply. It will now offer a new monthly payment plan targeted at bigger purchases.

    By June 15, 2022
  • $100 bills floating
    Image attribution tooltip
    choness via Getty Images
    Image attribution tooltip

    Payments startups still gaining value, for now

    Payments companies “led the pack in valuation increases” and had the biggest average increase in valuation, according to S&P Global Market Intelligence.

    By Jonathan Berr • June 14, 2022
  • Schulman walking outside with a name tag on his chest.
    Image attribution tooltip
    Kevin Dietsch via Getty Images
    Image attribution tooltip

    PayPal strives to improve checkout

    The company aims to improve the checkout experience for both merchants and consumers, with new services being tested this year, CEO Dan Schulman said.

    By June 13, 2022
  • Chip card payment
    Image attribution tooltip
    Rostislav_Sedlacek via Getty Images
    Image attribution tooltip

    Chip cards rise 10% last year to 12B globally

    That figure was the annual increase tallied this week by EMVCo as part of its work to streamline payment protocols for merchants and improve the security of their transactions.

    By Tatiana Walk-Morris • June 10, 2022
  • A man in shadow looks at his mobile device near a lit up Apple logo.
    Image attribution tooltip
    Drew Angerer/Getty via Getty Images
    Image attribution tooltip

    Apple joins BNPL boom

    Apple Pay Later will let users split the cost of an Apple Pay purchase into four equal payments over a six-week period, with no interest or fees. It will be available via the Mastercard network.

    By Jonathan Berr • June 7, 2022
  • Mashgin self-checkout terminal in Circle K store
    Image attribution tooltip
    Courtesy of Mashgin
    Image attribution tooltip

    Circle K owner rolls out computer-vision checkout units

    Alimentation Couche-Tard, which operates locations under the Circle K and Couche-Tard banners, plans to deploy Mashgin's technology across North America and Europe over the next three years.

    By Sam Silverstein • June 6, 2022
  • American Express CEO Steve Squeri
    Image attribution tooltip

    Screenshot

    Image attribution tooltip

    Amex isn't afraid of inflation

    American Express CEO Steve Squeri is bullish on his cardholders' financial health and the broader economic situation, saying Thursday he expects inflation to moderate in 2023.

    By Caitlin Mullen • June 3, 2022
  • A consumer pays by tapping the phone to a point-of-sale device.
    Image attribution tooltip
    Chainarong Prasertthai via Getty Images
    Image attribution tooltip

    Block offers Apple tap-to-pay for merchants

    Block wants to attract more business clientele as fintech firms experience economic volatility. Offering tap-to-pay on the iPhone advances that goal.

    By Tatiana Walk-Morris • June 3, 2022
  • Smart phone showing multiple payment apps.
    Image attribution tooltip

    Vaidik Trivedi

    Image attribution tooltip

    Economic pressures stress payment fintechs

    PayPal, Klarna and Bolt have chopped their workforces in the face of mushrooming macro-economic pressures, suggesting a potential fintech shakeout in the offing.

    By June 2, 2022
  • Klarna payments.
    Image attribution tooltip
    Courtesy of Klarna
    Image attribution tooltip

    Klarna taps Marqeta for card

    The partnership comes as buy now-pay later providers seek to expand their customer bases amid market volatility and regulatory pressure.

    By Tatiana Walk-Morris • June 2, 2022
  • Making a card payment
    Image attribution tooltip
    PeopleImages via Getty Images
    Image attribution tooltip

    NMI aims to equip banks with modern payments tech

    As banks try to fend off competition from fintechs in merchant acquiring and processing, payments gateway NMI aims to capitalize by offering to bolster their services.

    By Caitlin Mullen • June 1, 2022
  • Image attribution tooltip
    Brandon Bell via Getty Images
    Image attribution tooltip

    BNPL extends to gas, groceries

    Buy now-pay later providers have made their financing services more available for everyday purchases, offering consumers a tool to deal with inflation.

    By Jonathan Berr • June 1, 2022
  • Visa cards stacked and splayed
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip
    Opinion

    Visa's CEO braces for legislation

    Visa CEO Al Kelly said Sen. Dick Durbin is contemplating new legislation that would impose more pricing restrictions on the card industry. Kelly didn't elaborate and Durbin has been mum.

    By May 31, 2022
  • Money currency exchange business in Iraq.
    Image attribution tooltip
    Matt Cardy via Getty Images
    Image attribution tooltip

    Cross-border payments change as they rise: report

    Consumers and businesses are more frequently using digital means to send payments around the world, according to Mastercard's second annual report on cross-border payments.

    By Tatiana Walk-Morris • May 31, 2022
  • Exterior of Dollar General store in York, Pennsylvania
    Image attribution tooltip
    Sam Silverstein/Payments Dive
    Image attribution tooltip

    Dollar General piloting self-checkout-only stores

    The test will involve about 200 of the discount retailer's 18,000-plus locations and run throughout 2022, Chief Operating Officer Jeff Owen said Thursday during an earnings call.

    By Sam Silverstein • May 27, 2022