Retail: Page 73
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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 -
Explore the Trendlineâž”
Getty Images
TrendlineEmbedded payment tools make inroads
Business customers demanding integrated tools is likely to keep driving a trend toward more embedded payments tools.
By Payments Dive staff -
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 -
Courtesy of Gemini
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 -
Daphne Howland/Payments Dive
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 -
Courtesy of Podium Mr. Baetge
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 -
Pixabay by AhmadArdity
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 -
Courtesy of Fiserv
Fiserv looks to boost POS business through Pineapple Payments acquisition
Fiserv looks to boost its Clover POS system sales by tapping into Pineapple Payments existing customers.
By Vaidik Trivedi • March 29, 2021 -
Courtesy of Splitit
Splitit brings installment payments to professional services globally
The company eyes global expansion of its BNPL services, and has partnered with the UnionPay International card network to expand its installment payment offering.
By Vaidik Trivedi • Updated April 13, 2021 -
MoneyGram launches B2B service for global money transfer
Additionally, customers can transact through G-Coin tokens, which are backed by gold and allows people to own, save and spend the coin as a digital fiat currency.
By Anthony Epling • March 25, 2021 -
Tappit partners with Cincinnati Reds, San Diego Padres to bring contactless payments to MLB stadiums
Some venues are creating digital wallets, while others rely upon attendees to use their personal credit cards, or programs like Apple Pay. And other stadiums are providing fans the option to use a pre-paid debit cards.
By Anthony Epling • March 25, 2021 -
Retrieved from Teampay on June 18, 2021
Teampay, Mastercard launch digital-first spend management card
Teampay is partnering with Mastercard to provide a numberless debit card that can generate a 16-digit card number on-demand for individual transactions. The companies created the card to bring corporate users some of the same tech tools available to consumers.
By Vaidik Trivedi • Updated June 18, 2021 -
Courtesy of LISNR press kit
Ultrasound payment authentication platform LISNR looks to raise capital, partners with Shuttl
Backed by Visa, the company has raised $40 million since its 2012 inception and will continue to fund its growth in the payments authentication landscape, LISNR's CEO Eric Allen told Payments Dive.
By Vaidik Trivedi • March 22, 2021 -
Permission granted by Stripe
Stripe faces building pressure for a go-public strategy
Stripe's Irish co-founder brothers will be balancing management, investor and banker views in deciding the best path to fund the company's future.
By Lynne Marek • March 22, 2021 -
Visa's debit card business comes under scrutiny from DOJ's antitrust division
The Department of Justice's antitrust division has in recent weeks begun a civil investigation into Visa's debit card processing practices, the Wall Street Journal reported.
By Lynne Marek • Updated March 19, 2021 -
Courtesy of Mastercard
Mastercard, Liberty Tax team up to expedite stimulus payments
"Prepaid cards help to bring more people into the digital economy and offer an added level of convenience, with funds available faster and eliminating the need to cash a check," a Mastercard spokesperson said.
By Vaidik Trivedi • March 19, 2021 -
Courtesy of Riot Games
Mastercard partners with Riot Games, fans use cards for in-game transactions
Players who use a Mastercard credit or debit card, and keep the card on file linked to their account, are automatically entered in sweepstakes for in-game currency.
By Matt Thibault • March 18, 2021 -
Iven, William. (2014). [Photograph]. Retrieved from Pixabay.
Digital wallets users to exceed 4.4B globally by 2025, study finds
The pandemic will increase the number of digital wallet users and double the amount they spend to nearly $10 trillion annually by 2025, a research study says.
By Vaidik Trivedi • March 17, 2021 -
Getty Images
Merchant trade groups press legislative action against Visa, Mastercard
Trade groups representing retailers and other merchants aren't letting Visa and Mastercard off the hook, even after the companies pulled back this week on a previously planned fee increase next month.
By Lynne Marek • March 17, 2021 -
Mastercard, Visa to postpone some fee increases next month
Bowing to pressure from the White House and Congressional Democrats, the credit card companies won't increase expenses for merchants and consumers who are still coping with the pandemic.
By Lynne Marek • March 16, 2021
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