Technology
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Cross-border payments startup Keeta snags $17M
Former Google CEO Eric Schmidt is among the investors in Keeta, which enters a competitive cross-border market.
By Tatiana Walk-Morris • June 7, 2023 -
Nevada passes EWA legislation
Nevada this past weekend became one of the few states to pass legislation directed at policing the expanding earned wage access industry.
By Lynne Marek • June 5, 2023 -
Explore the Trendline➔
busracavus via Getty ImagesTrendlineReal-time payments are on the rise
As the U.S. makes a move to encourage use of real-time payments, it’s following other nations in adopting the real-time advance.
By Payments Dive staff -
SEC charges Binance, CEO Zhao with 13 violations
The regulator alleged high-value U.S. customers were secretly allowed to trade on Binance platforms after the company said otherwise, and that controls allowed customers’ funds to commingle.
By Dan Ennis • June 5, 2023 -
Republicans draft crypto legislation
The discussion draft, which addresses how digital assets can be defined, represents the most comprehensive federal legislative development in the crypto sphere this year.
By Gabrielle Saulsbery • June 5, 2023 -
CBDCs offer benefits, risks
Central bank digital currencies, which are being tested around the world, could increase the efficiency of cross-border payments, but there are associated risks, according to a trade group report.
By Lynne Marek • June 5, 2023 -
The image by Ted Eytan is licensed under CC BY-SA 2.0
CFPB slaps warning on P2P
The federal agency told consumers that money sitting in uninsured accounts, such as some offered by PayPal, Venmo and Cash App, could be at risk.
By Lynne Marek • June 2, 2023 -
Discover relaunches debit account
After shelving the debit account last year due to fraud issues, the card company has relaunched the service.
By Caitlin Mullen • June 2, 2023 -
Dwolla appoints new CFO
The company also appointed two new board members as it seeks to capitalize on rising A2A payments demand.
By Grace Noto , Lynne Marek • June 1, 2023 -
Google aims to bulk up wallet
The tech behemoth is adding features that will let consumers stuff more information, such as healthcare insurance credentials and state IDs, into its digital wallet.
By Lynne Marek • June 1, 2023 -
Flywire shops for bigger acquisitions
The payments company is hunting for acquisitions across deal sizes, CEO Mike Massaro said.
By Caitlin Mullen • June 1, 2023 -
Worldpay taps Affirm for BNPL
The multi-year partnership allows Worldpay’s merchant clients to integrate Affirm’s BNPL options at checkout.
By Tatiana Walk-Morris • June 1, 2023 -
ACI appoints new CEO
ACI has appointed its interim CEO and one-time board chairman, Thomas Warsop, as its next CEO, after pushing out its former CEO late last year.
By Lynne Marek • May 31, 2023 -
Payments cost-cutting could fuel M&A: investor
Payments companies cutting staff and revamping cost structures could make them a more attractive target for acquirers, a QED Investors partner said.
By Caitlin Mullen • May 31, 2023 -
FIS CEO sizes up competition
CEO Stephanie Ferris pointed to Adyen as a major Worldpay competitor and talked about losing out on the retail side to Square and Clover.
By Lynne Marek • May 31, 2023 -
Consumers use cash to forget, study shows
New research suggests consumers’ payment method choice can depend on what they’re buying, especially if it’s a guilty-pleasure purchase.
By Caitlin Mullen • May 30, 2023 -
Consumers, businesses gravitate to faster, mobile payments
As electronic payment options become available, consumers and businesses in the U.S. are using them more often, but keeping a wary eye on fraud.
By Lynne Marek • May 26, 2023 -
Debit network players gear up for July
Card network operators Visa, Mastercard and Fiserv are bracing for change in light of the Federal Reserve’s debit routing rule clarification.
By Caitlin Mullen • May 26, 2023 -
Deep Dive
Payments fraud climbs as banks reach for joint response
Financial institutions and payments players are seeking to coalesce around new efforts to battle skyrocketing payments fraud.
By Lynne Marek • May 25, 2023 -
Levchin downplays Apple threat
Affirm’s CEO said PayPal, Klarna and Afterpay are more likely to face pressure from Apple’s buy now, pay later move.
By Caitlin Mullen • May 25, 2023 -
Opinion
Give EWA a chance
“It is unclear why critics want to place EWA in the credit silo and call for heavy-handed regulations to restrict access to EWA products,” argues the CEO of the Innovative Payments Association.
By Brian Tate • May 24, 2023 -
Cash App pursues older, affluent customers
The Block business is seeking older, higher-income users as it pursues diversified growth, CEO Jack Dorsey said.
By Caitlin Mullen • May 24, 2023 -
Legislators spar over stablecoin proposals
Lawmakers agree stablecoin legislation is needed to ensure the U.S. establishes itself as a leader in the space.
By Caitlin Mullen • May 22, 2023 -
NY Fed teams with Singapore on CBDC study
The two central banks tested digital ledger technology for payments across multiple currencies in less than 30 seconds.
By Lynne Marek • May 22, 2023 -
Worldpay spin-off hands FIS mixed bag
The payments processing and technology company will keep a stake in the Worldpay unit, but take on higher-interest-rate debt.
By Lynne Marek • May 18, 2023 -
ACI boots chief technology officer
ACI Worldwide has fired its chief technology officer just as it’s gearing up for the FedNow real-time payments system.
By Caitlin Mullen • May 18, 2023