Technology


  • PayPal signage outside its corporate campus on a bright day
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    PayPal fills CTO position with former Walmart exec

    Former Walmart EVP Srini Venkatesan will replace Archie Deskus, who joined the payments firm in 2022.

    By Roberto Torres • June 21, 2024
  • Booth and sign for Federal Reserve payments services at Nacha conference in May 2024.
    Image attribution tooltip
    Lynne Marek/Payments Dive
    Image attribution tooltip

    Faster payments catch on slowly: survey

    About half of payments players surveyed recently by the U.S. Faster Payments Council said they have integrated faster payment technologies.

    By Tatiana Walk-Morris • June 20, 2024
  • Money next to hourglass Explore the Trendline
    Image attribution tooltip
    busracavus via Getty Images
    Image attribution tooltip
    Trendline

    Real-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
  • A smartphone displaying the Affirm app
    Image attribution tooltip
    Courtesy of Affirm
    Image attribution tooltip

    Affirm CFO doesn’t expect profits from its Apple tie soon

    The company’s finance chief compared the rollout of its partnership with Apple to the launch of its own payment card, saying the company preferred a “very thoughtful and controlled” approach.

    By June 18, 2024
  • People mill around an Apple store at location in Maryland.
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    Apple to drop its BNPL option in US

    The tech giant said it will discontinue its buy now, pay later service and shift to offering consumers alternative payment options.

    By , June 17, 2024
  • Shift4 CEO Jared Isaacman
    Image attribution tooltip
    Courtesy of Shift4. Shift4 CEO Jared Isaacman
    Image attribution tooltip

    Shift4 acquires stake in German firm

    Shift4 is on an acquisition spree after making a new investment in the point-of-sale supplier, and closing of a purchase announced earlier this year.

    By June 17, 2024
  • Wise money transfer account
    Image attribution tooltip
    Permission granted by Wise
    Image attribution tooltip

    Wise persists with reduced pricing approach

    The fintech plans to continue its strategy of reducing prices for its customers, which is reflected in its forecast, interim CFO Kingsley Kemish said.

    By Grace Noto • June 17, 2024
  • Man calculating budget and finances
    Image attribution tooltip
    damircudic via Getty Images
    Image attribution tooltip
    Sponsored by Adyen

    5 key steps to creating and executing on an embedded finance roadmap

    By offering financial services tools and features, SaaS platforms can become stickier and more indispensable to SMBs.

    June 17, 2024
  • Brex CEO Pedro Franceschi pictured against a grey background.
    Image attribution tooltip
    Courtesy of Brex
    Image attribution tooltip

    Brex moves to single-CEO model

    Pedro Franceschi will become sole chief executive, while co-founder Henrique Dubugras will move to board chair as the company aims to go public in 2025.

    By Dan Ennis • June 14, 2024
  • Stack of credit cards spread out
    Image attribution tooltip
    alexialex via Getty Images
    Image attribution tooltip

    Startup offers ‘credit-building’ debit cards for Gen Z

    Startup Fizz is marketing itself as a company helping college students build credit and manage daily spending.

    By June 13, 2024
  • The Apple logo at the Fifth Avenue New York City Apple store.
    Image attribution tooltip
    Eric Thayer via Getty Images
    Image attribution tooltip

    Apple adds BNPL offerings from rivals

    The tech giant will allow installment plans from Affirm, as well from certain debit and credit cards, onto Apple Pay alongside its own BNPL service.

    By June 13, 2024
  • The eBay logo is displayed on the roof of eBay headquarters.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    EBay to accept Venmo

    A week after dropping American Express, the online auctioneer said it will now accept payments through Venmo, a digital tool popular among Gen Z and millennials.

    By June 12, 2024
  • Cyberattack and internet crime, hacking and malware concepts.
    Image attribution tooltip
    Techa Tungateja via Getty Images
    Image attribution tooltip
    Opinion

    Fighting deepfakes via payments

    “Since many of these deepfake software services accept credit cards, payments providers are on the front lines of detecting these companies,” writes one corporate compliance officer.

    By Alan Primitivo • June 12, 2024
  • A person holds open an envelope filled with cash.
    Image attribution tooltip
    D-Keine via Getty Images
    Image attribution tooltip

    Cash use persists in US beyond pandemic

    Consumers remained committed to cash use last year, even as the share of card payments rose and online payments increased, according to an annual Federal Reserve study.

    By June 11, 2024
  • Business woman using a tablet
    Image attribution tooltip
    Morsa Images via Getty Images
    Image attribution tooltip
    Sponsored by U.S. Bank

    Evolving to embedded payments: 4 steps to move your company forward

    Enabling embedded payments is a strategic evolution that occurs step by step.

    June 10, 2024
  • Online payment
    Image attribution tooltip
    damircudic via Getty Images
    Image attribution tooltip
    Sponsored by Adyen

    How machine learning protects merchants from digital payment fraud

    Fraud is always a problem companies want to tackle. But in the current business environment, it has become an even greater priority.

    June 10, 2024
  • Affirm to acquire Returnly.
    Image attribution tooltip
    Courtesy of Affirm
    Image attribution tooltip

    Affirm adds new options in bid to battle cards

    The buy now, pay later provider now offers two 30-day payment plans; one that allows for full payment and another that splits a purchase in two, in addition to its “pay in four” offering.

    By June 7, 2024
  • CFPB finalizes open banking standard-setter rule

    The bureau will consult public interest groups and app developers on open banking standards, and no single special interest can dominate the standards-making process.

    By Gabrielle Saulsbery • June 7, 2024
  • Patients wait to check-in at a line of kiosks to get vaccinated.
    Image attribution tooltip
    Sergio Flores/Getty Images via Getty Images
    Image attribution tooltip

    Waystar envisions $20B healthcare payments market

    The software provider offered its outlook as it seeks to take the company public and expand its business.

    By June 6, 2024
  • The exterior of the New York State Capitol in August 2021 in Albany, New York.
    Image attribution tooltip
    Michael M. Santiago/Getty Images via Getty Images
    Image attribution tooltip

    New York races to pass BNPL bill

    State lawmakers are negotiating three separate proposals related to the buy now, pay later industry ahead of the end of the legislative session on Thursday.

    By June 6, 2024
  • non compete ban on private equity
    Image attribution tooltip
    P_Wei via Getty Images
    Image attribution tooltip

    FTC delves into scam payments

    In consumer fraud complaints to the federal agency last year, PayPal and Cash App were cited as apps often used by consumers to pay scammers.

    By June 4, 2024
  • check, checkbook
    Image attribution tooltip
    Retrieved from Flickr/RikkisRefuge.
    Image attribution tooltip
    Q&A

    Consumers, businesses diverge in payment trends

    Consumer payments are becoming more embedded, and commercial payments are slowly moving away from checks, says a top payments executive at Accenture.

    By June 3, 2024
  • Two people at an event, one of them is using a Square kiosk to pay for something.
    Image attribution tooltip
    Permission granted by Square
    Image attribution tooltip

    Cash App exec hints at Square integration

    Block is working to make its peer-to-peer payments tool, Cash App, a consumer app for interacting with merchants using its Square point-of-sale software.

    By June 3, 2024
  • A Dollar General sign and brick storefront on a cloudy day with the company's signature black on yellow logo
    Image attribution tooltip
    Permission granted by Dollar General
    Image attribution tooltip

    Dollar General to eliminate ‘vast majority’ of self-checkout

    The store chain has already removed self-checkouts from 12,000 of its more than 20,000 stores, the CEO said.

    By Nate Delesline III • May 31, 2024
  • Senator Ron Johnson speaking behind a dais.
    Image attribution tooltip
    Samuel Corum via Getty Images
    Image attribution tooltip

    Zelle faces Senate probe on fraud

    “The scale of fraud on the Zelle platform is unacceptably high,” National Consumers League Vice President John Breyault said.

    By May 31, 2024
  • Person pays using phone to tap point-of-sale device with cup of coffee sitting on table.
    Image attribution tooltip
    Cecilie_Arcurs via Getty Images
    Image attribution tooltip

    Are digital wallets safer than debit cards?

    Research shows young people see digital wallets as a more secure option than debit and credit cards. Cybersecurity professionals mostly agree, despite caveats.

    By May 31, 2024