Retail: Page 67
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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 -
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 Vaidik Trivedi • April 23, 2021 -
Explore the Trendline➔
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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 -
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 Lynne Marek • April 22, 2021 -
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 Vaidik Trivedi • April 21, 2021 -
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 -
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 Vaidik Trivedi • April 20, 2021 -
Gilded launches crypto payment platform
Companies can now pay up to 500 employees using digital assets like Ethereum with Gilded's new offering.
By Vaidik Trivedi • April 20, 2021 -
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 Vaidik Trivedi • April 19, 2021 -
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 -
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 Vaidik Trivedi • 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 Vaidik Trivedi • April 15, 2021 -
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 Vaidik Trivedi • April 14, 2021 -
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 Vaidik Trivedi • April 13, 2021 -
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 Vaidik Trivedi • 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 Lynne Marek • April 9, 2021 -
Retrieved from Mac Rumors on April 07, 2021
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 Vaidik Trivedi • April 8, 2021 -
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 Vaidik Trivedi • 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 Vaidik Trivedi • April 6, 2021 -
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 Lynne Marek • Updated June 29, 2021 -
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 Vaidik Trivedi • April 5, 2021 -
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 Vaidik Trivedi • 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 Lynne Marek • March 31, 2021 -
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 Vaidik Trivedi • 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 Vaidik Trivedi • March 30, 2021