Retail: Page 63


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    Dan Kitwood via Getty Images
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    NYDIG taps Bridgewater CFO for Bitcoin trading and holding operations

    NYDIG have tapped John Dalby as their CFO after announcing their plans to help provide banks with account services for Bitcoin.

    By Jane Thier • May 11, 2021
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    David Paul Morris via Getty Images
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    Google Pay launches P2P cross-border payments

    Google launches cross-border P2P payments from U.S. to India and Singapore in a push to make "complicated processes simple for users."

    By May 11, 2021
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    1401461124 via Getty Images
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    Trendline

    Top 5 stories from Payments Dive

    The digital evolution of payments is roiling the industry, forcing companies to rethink pricing schemes and revamp corporate strategies. Embedded payments, earned wage access, real-time systems and other innovations will transform the business.

    By Payments Dive staff
  • Kroger tests contactless payment at QFC
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    Courtesy of Kroger
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    Pandemic altered consumers' payment patterns; US lags globally in contactless, study finds

    As the pandemic forced consumers to stay indoors, payment patterns pivoted to more digital and contactless, and expectations of secure payments rose, according to a study by Paysafe.

    By May 10, 2021
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    Ki Price via Getty Images
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    EBay taps Payoneer for cross-border multi-currency payments

    EBay aims to ramp up cross-border payments through a partnership with Payoneer after an increase in sales during the pandemic.

    By May 10, 2021
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    Courtesy of CashApp - Square
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    Square's Bitcoin revenue soars, eyes lending, TIDAL app engagement

    After exceeding earnings estimates, Square looks to drive user engagement and individual lending through its CashApp.

    By May 7, 2021
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    Courtesy of Walmart corporate blog
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    Walmart gives diverse suppliers option for early payment

    The retailer is expanding its early payments program through a partnership with the fintech company C2FO.

    By A.B. Brown • May 7, 2021
  • Dior activates AR e-commerce for B27 sneaker on Snapchat
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    Courtesy of Snap, Inc.
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    Opinion

    Transparency, collaboration needed to spot online transaction fraud

    False positives in the battle against e-commerce fraud are depriving retailers, credit card companies and payment processors of revenue on legitimate sales, CMSPI's Toby McFarlane said.

    By Toby McFarlane • May 7, 2021
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    Sean Gallup via Getty Images
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    PayPal forecasts boom in QR-code payments, plans BNPL expansion

    PayPal is betting digital and alternative payment option trends, like BNPL, will persist even after the pandemic subsides. 

    By May 6, 2021
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    Tim Boyle via Getty Images
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    Uplift to offer Southwest Airlines customers BNPL options

    As the buy now, pay later trend catches on, Southwest is tapping Uplift to offer customers installment payment options.

    By Matt Thibault • May 5, 2021
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    Courtesy of Jimmy Im
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    Appetize Technologies becomes a player at 15 more stadiums

    The company that helps sports stadiums offer mobile and contactless ordering of food, drink and merchandise added five new major league and 10 new minor league venues to its roster as the baseball season gets underway. 

    By May 4, 2021
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    Daphne Howland/Payments Dive
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    Macy's workers win battle against mobile app purchases

    The retailer can no longer use its Scan and Pay app in departments where employees make commissions, a labor arbitrator has ruled.

    By Daphne Howland • May 4, 2021
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    Sean Gallup via Getty Images
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    Discover pitches identity theft protection services beyond cardholders

    Discover is casting a broader net for customers of the service at a time when the COVID-19 pandemic has increased consumer demand for online protection, and put a damper on its mainstay credit card business.

    By Anthony Epling • May 4, 2021
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    Permission granted by SoFi
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    SoFi credit card to offer Bitcoin and Ethereum rewards

    SoFi is the latest fintech to offer crypto-based credit cards after seeing an appetite for them in the market.

    By May 3, 2021
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    Stuart C. Wilson via Getty Images
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    E-commerce fraud to surpass $20B in 2021, an 18% jump over last year, report finds

    Behavioral biometrics and secured APIs can help rein in the rising fraud, according to a recent Juniper report.

    By April 30, 2021
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    Retrieved from Google on April 30, 2021
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    Google Pay to push promotions for Safeway, Target

    The retailers are using the tech company's digital wallet to notify consumers about weekly specials.

    By Sam Silverstein • April 30, 2021
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    Courtesy of Shopify website
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    Shopify revenue rises with increased online sales, e-commerce boom

    The e-commerce giant expects online sales to subside as the economy opens up, but anticipates business will continue growing this year. 

    By April 29, 2021
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    Courtesy of American Express
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    American Express targets more growth in China

    The credit card company has attracted 14 million merchants in the country.

    By April 27, 2021
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    Oli Scarff via Getty Images
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    Barclays US to offer merchants BNPL payments option

    The bank had considered creating its own in-house BNPL system, but shifted gears and opted to work with tech firm Amount, said Barclays US CEO Denny Nealon.

    By Anna Hrushka • April 27, 2021
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    Courtesy of Gemini
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    Gemini partners with Mastercard to launch crypto rewards card

    The crypto card slated to launch this summer is gaining traction among users and has amassed 140,000-person waitlist.

    By April 27, 2021
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    Peter Macdiarmid via Getty Images
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    TransUnion invests in blockchain startup Spring Labs

    The investment can open doors for financial institutions that deal in huge swaths of consumer data to share information without sharing the underlying data, said TransUnion Senior Vice President Marko Ivanov.

    By April 26, 2021
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    Justin Sullivan via Getty Images
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    52% of gas station merchants fall short of new chip card standard

    Only about half of major fuel merchants expected to install new chip card technology on all their pumps by this month's deadline, but most had it on at least half their pumps, an ACI Worldwide survey found.

    By April 26, 2021
  • Affirm to acquire Returnly.
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    Courtesy of Affirm
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    BNPL company Affirm buys Returnly for $300M as US returns rise

    Returnly CEO Eduardo Vilar expects to extend his company's reach under Affirm ownership.

    By Tatiana Walk-Morris • April 23, 2021
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    Courtesy of Cardless
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    Cardless partners with Manchester United to issue credit cards for soccer fans

    "This product helps serve a market not previously filled by traditional financial partners," Cardless Founder and President Michael Spelfogel said.

    By April 23, 2021
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    Alex Wong / Staff via Getty Images
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    Deep Dive // Fed weighs debit transaction rule clarification

    Visa, Mastercard face biggest challenges in a decade

    Regulatory, legislative and court confrontations over the card network companies' fees are ratcheting up pressure again for reform of the behemoths' practices.

    By April 22, 2021
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    Courtesy of Richard Howson
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    Transit payment systems revamped for post-COVID commuters

    Cities across the country are looking to revamp their transit payment channels to make ticketing simpler, faster and safer.

    By April 21, 2021