Retail: Page 59
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Visa to add big new office in Atlanta
The card behemoth said some of its top executives will move to the new Atlanta office, set to open next year and eventually host 1,000 employees.
By Lynne Marek • Sept. 29, 2021 -
PayPal's Happy Returns partners with Staples
With the latest agreement in a series of retailer ties, 75% of Americans will reside within 10 miles of a Happy Returns location.
By Tatiana Walk-Morris • Sept. 29, 2021 -
Explore the Trendlineâž”
NatalyaBurova via Getty ImagesTrendlineEmbedded 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 -
Mastercard to launch new BNPL service
Mastercard is teaming with some of the biggest companies in payments, including FIS, Synchrony, Barclays and Marqeta, to launch a new buy now-pay later service next year.
By Lynne Marek • Sept. 28, 2021 -
Toast raises $870M in IPO
Toast expects restaurants to increase technology spending to $55 billion by 2024, more than doubling the $25 billion spent in 2019.
By Julie Littman • Sept. 23, 2021 -
Retrieved from Mastercard annual SEC filing.
Mastercard Executive Chairman to exit
Mastercard's long-time leader Ajay Banga will retire at the end of the year, leaving the card company in the hands of new CEO Michael Miebach.
By Lynne Marek • Sept. 22, 2021 -
Retrieved from Clarissa Eyu on September 21, 2021
Airwallex raises $200M, targets US expansion
The Australian company's latest fundraising round was led by a U.S.-based venture firm, and it's setting its sights on U.S. expansion too.
By Lynne Marek • Sept. 21, 2021 -
Visa taps Shipt for delivery offer
Target-owned Shipt is one of three new partners that card behemoth Visa lined up in a bid to offer new customer benefits.
By Catherine Douglas Moran • Sept. 21, 2021 -
Payment industry racks up two more deals
The two latest deals continue to move the payments industry toward what is likely to be a record-breaking year in acquisitions.
By Lynne Marek • Updated Sept. 20, 2021 -
Retrieved from Kate Nesbit, PR person for CityBase. on September 17, 2021
U.S. cash payment kiosks rise despite digital age
Cities and utilities are making more use of the kiosks provided by vendors like CityBase to give consumers additional no-fee options for paying bills in cash.
By Lynne Marek • Sept. 17, 2021 -
BNPL benefits from venture capital haul
Buy now-pay later companies raised a record $1.5 billion in funding last year — a 42% increase over 2019 — across 20 major investments, according to a CB Insights Report.
By Wendy Cole • Sept. 16, 2021 -
Goldman Sachs to acquire BNPL lender GreenSky for $2.24B
The deal will connect some 10,000 merchants, mainly in the home-improvement category, to Goldman's consumer-banking arm and allow them to use buy now-pay later financing options.
By Robin Bradley • Sept. 15, 2021 -
Capital One beta-tests BNPL option, marking turnabout
Previously, the bank had barred customers last December from using its credit cards to clear buy-now-pay-later debt.
By Dan Ennis • Sept. 14, 2021 -
Retrieved from Pexels on August 09, 2021
Mastercard sees holiday spending climbing
The card company expects overall retail spending and e-commerce sales during the year-end holiday season to rise this year compared to 2020, and take larger leaps over 2019 spending.
By Lynne Marek • Sept. 13, 2021 -
Retrieved from Global Payments Spokesperson Matt Cochran on September 10, 2021
Global Payments kicks off $28B growth agenda
The Atlanta payments processor aims to drive $28 billion into acquisitions and other investments that will scale its business over the next four years.
By Lynne Marek • Sept. 9, 2021 -
Mastercard to buy CipherTrace crypto security company
Mastercard is buying the six-year-old company to better serve its customers' needs in understanding digital asset risks, thwarting fraud and complying with regulations.
By Lynne Marek • Sept. 9, 2021 -
PayPal agrees to buy Paidy for $2.7B
The digital payments titan said it's buying the Japanese company to expand its "capabilities, distribution and relevance" in the third-largest e-commerce market in the world.
By Lynne Marek • Sept. 8, 2021 -
Mastercard to buy European open-banking company Aiia
The Mastercard acquisition will allow the big card company to cross-sell digital banking and payment services between its U.S. and European markets.
By Lynne Marek • Sept. 7, 2021 -
Amazon takes Visa battle to Australia
The online retail behemoth extended a surcharge to include Visa credit card transactions in Australia, and added an incentive nudging consumers there to ditch the cards.
By Lynne Marek • Sept. 3, 2021 -
Consumer spending on cards jumped in July, research firm says
The rate of U.S. consumer spending on credit and debit cards surged 21% in July compared to a year ago as Americans welcomed the summer months and a decline in coronavirus cases.
By Wendy Cole • Sept. 2, 2021 -
Competition for SMB payments clients heats up acquisitions
Some companies are buying up businesses that will help them cater to small and mid-sized clients, while others are getting out of the increasingly competitive arena.
By Lynne Marek • Aug. 31, 2021 -
Retrieved from Pexels on August 09, 2021
Amazon taps Affirm for installment financing
As Amazon explores payment options for its worldwide shoppers, it's turning to Affirm to test installment financing.
By Lynne Marek • Aug. 30, 2021 -
InComm Payments, Doxo to offer cash bill payments in stores
The partnership will stretch services for cash payment of bills to some 60,000 retail locations nationwide.
By Tatiana Walk-Morris • Aug. 27, 2021 -
Klarna tallies 20M US customers
The buy now-pay later company has doubled its American customer base in just over a year.
By Tatiana Walk-Morris • Aug. 25, 2021 -
Fiserv strikes up a bevy of new partnerships
Fiserv has new ties to MovoCash, Selecta Group and Venmo that will allow it to keep expanding its digital payment services.
By Lynne Marek • Aug. 24, 2021 -
Deep Dive
Anti-fraud niche in payments thrives as e-commerce climbs
Major payments players and fledgling upstarts alike are developing new tools to fight increasing fraud threats to their businesses.
By Mercedes Cardona • Aug. 23, 2021