Retail: Page 59


  • Visa cards stacked and splayed
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    Justin Sullivan via Getty Images
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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 Sept. 29, 2021
  • PayPal and Venmo logos on sign sitting on merchant's counter next to a clerk's digital display for payments.
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    Courtesy of PayPal
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    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
  • Lock and credit card showing security theme Explore the Trendlineâž”
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    NatalyaBurova via Getty Images
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    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
  • Mastercard point of sale, retail
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    Courtesy of Mastercard
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    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 Sept. 28, 2021
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    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
  • 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 Sept. 22, 2021
  • Toshi Kameoka, Airwallex head of strategy for North America
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    Retrieved from Clarissa Eyu on September 21, 2021
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    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 Sept. 21, 2021
  • Shipt shopper wearing mask
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    Permission granted by Shipt
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    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
  • Digital payments
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    Courtesy of Adyen
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    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 Updated Sept. 20, 2021
  • CityBase bill payment kiosk in Chicago's City Hall.
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    Retrieved from Kate Nesbit, PR person for CityBase. on September 17, 2021
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    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 Sept. 17, 2021
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    Courtesy of Tricia Harte
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    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 CEO David Solomon appears onstage.
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    Paul Morigi via Getty Images
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    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
  • A person shops online.
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    Retrieved from Pexels on August 09, 2021
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    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 Sept. 13, 2021
  • Global Payments CEO Jeff Sloan
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    Retrieved from Global Payments Spokesperson Matt Cochran on September 10, 2021
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    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 Sept. 9, 2021
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    Jack Taylor / Stringer via Getty Images
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    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 Sept. 9, 2021
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    Carl Court via Getty Images
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    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 Sept. 8, 2021
  • Mastercard point of sale, retail
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    Courtesy of Mastercard
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    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 Sept. 7, 2021
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    Alex Wong via Getty Images
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    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 Sept. 3, 2021
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    Matt Cardy via Getty Images
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    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
  • U.S. Bank
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    Permission granted by U.S. Bank
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    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 Aug. 31, 2021
  • A person shops online.
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    Retrieved from Pexels on August 09, 2021
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    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 Aug. 30, 2021
  • In this Photo Illustration, Twenty dollar bills sit in a wallet.
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    Justin Sullivan via Getty Images
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    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 payments.
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    Courtesy of Klarna
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    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
  • Sponsored
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    LaylaBird via iStock

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    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 Aug. 24, 2021
  • A fingerprint is scanned to prevent identity theft.
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    Ian Waldie via Getty Images
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    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