Retail: Page 63
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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 -
Sean Gallup via Getty Images
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 -
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Getty Images
TrendlineDigital wallets proliferate as features advance
As more companies aim to offer digital wallets the rise in competition is sharpening their features.
By Payments Dive staff -
stock.adobe.com/rh2010
Sponsored by OnbePayment choice is rapidly diversifying. Here's why it matters for brands.
Today's customers and workers want to choose how they get paid. Is your brand ready?
Oct. 25, 2021 -
Courtesy of Klarna
Klarna delivers BNPL to WIX sellers
The Swedish buy now-pay later company adds the new Wix collaboration to a busy year of raising funds and buying startups.
By Tatiana Walk-Morris • Oct. 22, 2021 -
Courtesy of Pinterest
Is PayPal pining for Pinterest?
A reported $45 billion PayPal purchase of Pinterest would cap a big year for deal-making fueled by the payments industry.
By Lynne Marek • Oct. 21, 2021 -
Matt Cardy via Getty Images
OpinionRetail groups urge credit swipe routing changes
Retail and merchant trade groups have long pressed policymakers for regulatory changes to reduce card interchange fees. Now, they're urging that routing of credit card transactions be regulated just as debit transactions already are.
By Doug Kantor • Oct. 19, 2021 -
Spencer Platt via Getty Images
Fiserv expands restaurant reach with BentoBox purchase
The global payments processor said it would buy BentoBox to expand the reach of its Clover unit in servicing restaurants.
By Lynne Marek • Oct. 18, 2021 -
Drew Angerer via Getty Images
PayPal takes stake in LatAm SPAC
The digital payments giant disclosed that it bought a minority stake in the SPAC rolled out this month by Latin American e-commerce behemoth MercadoLibre and venture capital firm Kaszek.
By Lynne Marek • Oct. 14, 2021 -
Courtesy of Google
SumUp spearheads US growth with $317M Fivestars acquisition
The acquisition of San Francisco-based Fivestars is central to SumUp's expansion strategy in the Americas and its global ambitions.
By Lynne Marek • Oct. 14, 2021 -
Justin Sullivan via Getty Images
Andreessen Horowitz poaches Facebook digital wallet execs
Two executives who had been working on the Novi wallet project backed by Facebook will pivot to crypto investing for Andreessen Horowitz.
By Dan Ennis • Oct. 13, 2021 -
Mark Wilson via Getty Images
Paytech firms outside US gain ground
Payment technology companies based outside the U.S. were big venture capital winners during the third quarter as funding soared to a new record, according to a report from research firm CB Insights.
By Lynne Marek • Oct. 11, 2021 -
Retrieved from Target on November 14, 2017
Affirm, Sezzle buy now-pay later options arrive at Target
As the holiday season nears, the big retailer has tapped BNPL providers Sezzle and Affirm to give consumers more payment choices. The BNPL players are building their US profiles by gathering in more partners.
By Tatiana Walk-Morris • Oct. 8, 2021 -
Retrieved from Flickr/RikkisRefuge.
Rich payment startups target B2B market
Veem and Melio are among the fintechs bulging with new capital and taking aim at the small and mid-sized end of the trillion-dollar business-to-business payments market.
By Lynne Marek • Oct. 4, 2021 -
Retrieved from Flickr/frankieleon.
Card critics call for credit routing scrutiny
One merchant group has opened up a new front in the battle against Visa and Mastercard, calling for more federal antitrust scrutiny of credit card routing.
By Lynne Marek • Oct. 1, 2021 -
Courtesy of Square
Square, TikTok tie-up will deliver fans to sellers
As part of the new partnership, TikTok users will be able to link to Square sellers' sites by clicking on videos and ads.
By Tatiana Walk-Morris • Sept. 30, 2021 -
Justin Sullivan via Getty Images
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 -
Courtesy of PayPal
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 -
Courtesy of Mastercard
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 -
Courtesy of Toast Inc.
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 -
Permission granted by Shipt
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 -
Courtesy of Adyen
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 -
Courtesy of Tricia Harte
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
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