Retail: Page 54
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Albertsons expands smart cart pilot
The carts act like self-checkout machines, with the computer vision system and barcode-scanner logging the products a customer tosses into the cart.
By Jeff Wells • Updated May 20, 2022 -
Stripe CFO Suryadevara draws on challenges as GM CFO
Suryadevara has ventured into unfamiliar business terrain before, becoming GM treasurer with little prior knowledge of the role.
By Jim Tyson • Nov. 18, 2021 -
Explore the Trendline➔
ArtemisDiana via Getty ImagesTrendlineCross-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 -
Will Amazon's war of words with Visa backfire?
Consumers may not tolerate fewer payment options from Amazon, an analyst says. Still, Amazon may be willing to risk angering customers as it pressures Visa and other payment providers to reduce their transaction costs.
By Jonathan Berr • Nov. 18, 2021 -
Amazon takes battle against Visa to UK
The move by the e-commerce behemoth Amazon to reject U.K. Visa cards is putting pressure on Visa to lower card transaction fees worldwide.
By Lynne Marek • Nov. 17, 2021 -
Mastercard expects holiday sales to be jolly for merchants
Finding a deal this holiday season will be a challenge for consumers as retailers grapple with shortages, Mastercard says.
By Jonathan Berr • Nov. 16, 2021 -
Podium raises $201 million, eyes expansion
After entering the payments business last year, the company says it’s on pace to process about $1 billion in transactions this year.
By Lynne Marek • Nov. 16, 2021 -
Affirm reports better outlook, sidesteps Peloton question
The BNPL payments company provided a brighter sales and revenue forecast for the fiscal year, but it skirted a question about the impact of a gloomier outlook at its long-time big customer Peloton.
By Lynne Marek • Nov. 11, 2021 -
Mastercard plans payments push
The company expects payments to grow at a faster rate than its core card business.
By Jonathan Berr • Nov. 11, 2021 -
Opinion
Payments trade group rebuts retailers
The Electronic Payments Coalition says it wants to set the record straight: "Expanding the Durbin Amendment would be a disaster for consumers and small businesses."
By Jeff Tassey • Nov. 11, 2021 -
Deep Dive
Crypto creeps into the checkout line
Payments firms are betting on crypto's growth as an asset class to fuel crypto adoption at checkout.
By Suman Bhattacharyya • Nov. 10, 2021 -
Amazon will accept Venmo next year
"Pay with Venmo is one of the key revenue drivers for Venmo going forward," PayPal CEO Dan Schulman said.
By Jonathan Berr • Nov. 9, 2021 -
Payments heads toward record venture funding year: CB Insights
Payments startups are sopping up what's likely to be a record amount of venture capital this year, as the industry collects money that's transforming the financial sphere.
By Lynne Marek • Nov. 5, 2021 -
Congress debates pros and cons of BNPL
Buy now-pay later users love the convenience but also are falling behind in their payments.
By Jonathan Berr • Nov. 3, 2021 -
Payments tech to draw $40B next year: Forrester
The research firm's 2022 outlook also anticipates IPOs for major payments players as well as increased use of digital wallets and QR codes.
By Tatiana Walk-Morris • Nov. 3, 2021 -
Moneygram versus Western Union competition rises at Walmart
Moneygram executives blamed competition with Western Union for a drop in revenue from its walk-in money transfer business at Walmart stores.
By Lynne Marek • Updated Nov. 4, 2021 -
Sponsored by Checkout.com
How digital wallets allow retailers to capture more sales
Learn how to drive better conversion by offering your customers the alternative payment methods they love. Wherever they are.
By Maxime Colas, Retail Business Development Manager, Checkout.com • Nov. 1, 2021 -
Amex rolls out first-ever debit card
The card company is making the debit card available to small- and mid-sized businesses in connection with a new checking account offering.
By Lynne Marek • Oct. 29, 2021 -
Fiserv loses big client identified as Stripe
The company told analysts on an earnings call that volumes were impacted by the exit of a "large processing client." Analysts identified that client as the mega-fintech Stripe.
By Lynne Marek • Oct. 28, 2021 -
Amex touts youthful spending
As the card company's marketing lures more cardholders, its executives are pleased to see new young customers outspending their elders.
By Lynne Marek • Oct. 27, 2021 -
Valley Bank unveils payments app for cannabis businesses
Valley Bank is partnering with a large processor to offer the service, which is similar to using a reloadable Starbucks wallet gift card, Chief Digital Product Officer Stuart Cook said. A "large processor" that's involved wants to remain anonymous.
By Anna Hrushka • Oct. 27, 2021 -
BNPL needs Visa to scale, CEO argues
Visa CEO Al Kelly contends that the new entrant buy now-pay later providers will need the card company's network to scale the business, and Visa is partnering to make that happen.
By Lynne Marek • Oct. 27, 2021 -
Discover CEO plans payments push
Discover's Payments business could have a much bigger impact on the company's bottom line, according to analysts at William Blair.
By Jonathan Berr • Oct. 26, 2021 -
Retrieved from ATPC on July 07, 2021
Elavon eyes BNPL arena
Payments processor Elavon will do what it takes to get into the buy now-pay later market--whether that means buying, building or partnering, said CEO Jamie Walker.
By Lynne Marek • Oct. 26, 2021 -
Retrieved from Stripe's Stephen Imm on October 26, 2021
Stripe and Klarna hook up
Two of the biggest fintech companies in the payments sphere said they are locking arms to share their services and customers.
By Lynne Marek • Oct. 26, 2021 -
PayPal douses reports of a Pinterest purchase
With one sentence, PayPal dismissed a bevy of reports last week that it's pursuing a purchase of the social media site Pinterest.
By Lynne Marek • Oct. 25, 2021