Retail: Page 69
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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 Vaidik Trivedi • April 30, 2021 -
Retrieved from Google on April 30, 2021
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 -
Explore the Trendlineâž”
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 -
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 Vaidik Trivedi • April 29, 2021 -
American Express targets more growth in China
The credit card company has attracted 14 million merchants in the country.
By Lynne Marek • April 27, 2021 -
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 -
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 Vaidik Trivedi • April 27, 2021 -
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 Vaidik Trivedi • April 26, 2021 -
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 Lynne Marek • April 26, 2021 -
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 -
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