Retail: Page 67


  • 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
  • Manchester United credit card
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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
  • Trendline

    Digital 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
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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
  • Amazon's biometric Amazon One payment technology
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    Courtesy of Amazon
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    Amazon One palm payment tool expands to East Coast

    The technology that lets a shopper pay with a hand scan linked to an Amazon Prime account or credit card has made its debut in NYC's Amazon Go store.

    By Catherine Douglas Moran • Updated May 10, 2021
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    Dan Kitwood via Getty Images
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    Marqeta partners with ShakePay to offer a crypto card

    “Platforms that hold these assets are looking to get their customers to use them,” said Brandon Rembe, senior vice president at Envestnet's Yodlee unit.

    By April 20, 2021
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    Jack Taylor / Stringer via Getty Images
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    Gilded launches crypto payment platform

    Companies can now pay up to 500 employees using digital assets like Ethereum with Gilded's new offering.

    By April 20, 2021
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    Chris McGrath via Getty Images
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    Semafone partners with Avaya on payment security

    Companies are developing secure payment channels for over-the-phone transactions as call centers pivot to homes and digital transactions pick up pace.

    By April 19, 2021
  • Person with a mask on looks into a store window while holding shopping bags.
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    Getty Images
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    International players flock to US market as American consumers warm to BNPL

    European and Australian companies that dominate the BNPL marketplace are taking on U.S. rivals.

    By Suman Bhattacharyya • April 16, 2021
  • Mastercard point of sale, retail
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    Courtesy of Mastercard
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    Acima, Mastercard team up to offer lease-to-own payment cards

    Acima's new offering will allow consumers with low credit ratings to lease products, pay them over time and own products outright at the end of the payment cycle. 

    By April 16, 2021
  • Consumer credit payment patterns shift during pandemic

    Credit payment patterns changed last year as consumers looked to maintain liquidity during the pandemic, a recent TransUnion report said.

    By April 15, 2021
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    Permission granted by David Whitehead - Checkout.com
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    Checkout.com rolls out new product to provide real-time payouts

    The new payment interface enables merchants and individuals to process domestic and cross-border payments in real-time.

    By April 14, 2021
  • PNC Bank
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    "PNC" by ParentingPatch is licensed under CC BY-SA 3.0
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    PNC's 'low cash mode' gives users 24-hour overdraft buffer

    The feature lets customers choose which payments will be processed if an overdraft is imminent. Tests of the product have helped users reduce insufficient-funds fees by more than 60%, the bank said.

    By Anna Hrushka • April 14, 2021
  • Business spend management tools gain traction during the pandemic

    Despite the COVID-19 impact, expense management software companies can expect 10.5% compound annual growth through 2024, research shows.

    By April 13, 2021
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    DoorDash
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    Instacart and DoorDash expected to offer credit cards

    Digital brand names increasingly seek to keep their customers through loyalty programs tied to the cards while generating alternative sources of revenue, industry analysts told Payments Dive.

    By April 12, 2021
  • Payroc plans to keep buying up payments players

    The payments processor, under a new president's focus on growth, has acquired two companies in the past two weeks and expects to close on additional deals this month.

    By April 9, 2021
  • Facebook QR codes
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    Retrieved from Mac Rumors on April 07, 2021
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    Facebook testing QR code for P2P payments

    The new payment feature will allow Facebook users to send money to peers by scanning a QR code or a payment URL unique to each user.

    By April 8, 2021
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    Courtesy of Gemini
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    Gemini taps Alloy to bolster ID security on new crypto credit card

    "As digital currencies and NFTs are picking up popularity among consumers, we are seeing more fraud attempts on that asset class," said Kevin Lee, a trust and safety architect at Sift. 

    By April 7, 2021
  • Buy now, pay later moves into professional services

    The rise in popularity of BNPL isn't just a fad, but will stick around even after the pandemic subsides, Brandon Rembe, chief product officer at Envestnet-Yodlee, said. 

    By April 6, 2021
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    Daphne Howland/Payments Dive
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    Payoneer stock declines after SPAC trading debut

    The payments enterprise is the latest special purpose acquisition company to meet with tepid stockholder interest at its stock debut yesterday.

    By Updated June 29, 2021
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    Courtesy of Podium Mr. Baetge
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    Podium launches hardware point-of-sale product for local businesses

    The company, which facilitates payments via text and Facebook Messenger, now offers a POS device for businesses to collect and manage their payments. 

    By April 5, 2021
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    Getty Images
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    Deep Dive

    6 Payments trends for 2021

    The pandemic accelerated emerging payments trends, as "both the merchant and customer side picked up pace to evolve with changing market conditions," Forrester analyst Lily Varon said. 

    By April 5, 2021
  • Mastercard partners with fintech companies to fend off tech upstarts

    Established payments companies are increasingly turning to technology partners to offer services that help them compete.

    By March 31, 2021
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    Pixabay by AhmadArdity
     

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    COVID-19 accelerated need for real-time payments, report says

    Mobile wallet adoption and a need for instant payments skyrocketed as the pandemic induced a change in consumer behavior and expectations, according to a recent ACI Worldwide study.

    By March 31, 2021
  • Financial institutions were slow to protect customers from fraud, Stratifyd report says

    Financial institutions were overwhelmed with fraudulent activities skyrocketing during the pandemic, according to the data analysis of Consumer Financial Protection Bureau customer complaints. 

    By March 30, 2021