Treasury official calls for new regulatory framework

The department’s undersecretary for domestic finance, Nellie Liang, suggested state oversight of money transmitters was outdated in an era of electronic payments.

By Lynne Marek • Oct. 11, 2024

Stripe partners with Nvidia, Pepsi and Rivian

The payments software provider announced a slew of new partnerships on Wednesday, also with Amazon and AMC Networks.

By Patrick Cooley • Oct. 11, 2024

Explore the Trendline➔

Digital 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

Automated-checkout company Grabango shuts down

The tech company was unable to secure the funding needed to continue operating, a spokesperson said.

By Brett Dworski , Jeff Wells • Oct. 11, 2024

Toast increases processing fees, adds surcharge feature

The digital restaurant payments provider raised processing fees for some restaurant clients. Separately, it’s aiding clients in adding surcharges on their customers’ orders.

By Patrick Cooley • Oct. 9, 2024

Global Payments embarks on ‘transition’ year

The payments processor expects to undertake possible divestitures, beginning this year, as part of an effort to jump-start revenue in subsequent years.

By Lynne Marek • Oct. 9, 2024

MoneyGram attack exposed sensitive customer data

The attack led to a days-long outage in September. The money transfer firm hasn’t described the nature of the incident or said how many people have been impacted.

By Matt Kapko • Oct. 9, 2024

Healthcare’s paper check disease

“The persistence of paper checks for patient refunds is not just an inconvenience — it's a symptom of a larger problem that threatens the very sustainability of healthcare organizations,” one software firm CFO writes in this opinion piece.

By Seton Marshall • Oct. 8, 2024

Fiserv teams with Canadian company on open banking

Fiserv has allowed Zūm Rails to use its embedded finance system to bring open banking and instant payments to Fiserv’s U.S. business customers.

By Patrick Cooley • Oct. 7, 2024

Real-time payments to make uneven progress, report predicts

The number of banks receiving real-time payments will outpace the number of those sending payments through at least 2028, according to a new survey by the U.S. Faster Payments Council.

By Lynne Marek • Oct. 7, 2024

Fiserv nets special banking charter in Georgia

The payments processor is only the second company to win the special bank charter since Georgia made it available.

By Patrick Cooley • Oct. 4, 2024

Mastercard to buy Minna Technologies

The card network will acquire the Swedish business in a bid to provide consumers with a centralized hub for managing their subscriptions.

By Tatiana Walk-Morris • Oct. 2, 2024

P2P payments tools lack transparency, consumer group says

Zelle, the popular peer-to-peer payment service, and rivals should be more upfront with consumers about the ability to ask for money back, Consumer Reports says.

By Patrick Cooley • Oct. 2, 2024

Payments conferences to keep on your radar for 2025

Artificial intelligence, FedNow and the ISO 20022 standards are expected to be hot topics at next year’s events.

By Shefali Kapadia • Oct. 1, 2024

Affirm may offer discounts after Fed interest rate cut

The Federal Reserve’s interest rate reduction may give the company leeway to offer more consumers 0% interest or a lower APR, Affirm CFO Michael Linford said this week.

By Patrick Cooley • Oct. 1, 2024

Visa to buy cybersecurity firm Featurespace

The cybersecurity acquisition is the latest move in a race by card networks to meet their clients’ needs in keeping up with fraud threats.

By Lynne Marek • Sept. 26, 2024

Moneygram faces backlog after outage

The international wire transfer company has restarted some services after a cyberattack, but is battling to fulfill transactions after taking its systems offline for much of the week.

By Lynne Marek • Sept. 26, 2024

How Visa stymied big tech rivals

The U.S. lawsuit paints a picture of the dominant card network using lures and threats to stifle competition from competitors Apple, PayPal and others.

By Lynne Marek • Sept. 25, 2024

Sezzle evolves alongside BNPL industry

The company now offers more products but also faces more regulatory pressure, Sezzle CEO Charlie Youakim told Payments Dive.

By Patrick Cooley • Sept. 25, 2024

Stripe shows signs of IPO, despite co-founder comments

The company, which offers payments processing software, has kept its plans close to the vest, but industry insiders say they’ve seen clues.

By Patrick Cooley • Updated Sept. 26, 2024

Love’s adds digital payment method

The convenience store operator turned to Relay Payments to allow truck drivers to pay securely at most of their fueling locations.

By Jessica Loder • Sept. 23, 2024

Amazon, Google stake out bigger foothold in payments

The tech giants are inserting themselves into more retail transactions to build loyalty and harvest customer data.

By Patrick Cooley • Sept. 23, 2024

DailyPay to offer service outside US

Earned wage access provider DailyPay plans to begin offering its services outside the U.S. for the first time later this year.

By Lynne Marek • Sept. 23, 2024

Walmart, Fiserv team to offer real-time payments

The retail giant and payments processor are targeting next year for offering consumers a real-time payment option online.

By Lynne Marek • Sept. 20, 2024

Amazon adds PayPal option to Buy with Prime

The e-commerce platform will also let consumers connect their PayPal and Prime accounts next year, and access free shipping via Buy with Prime on some merchants’ sites.

By Tatiana Walk-Morris • Sept. 20, 2024

Affirm CEO stakes out differences with Klarna

Affirm makes money off transactions, whereas Klarna has revenue from marketing, Affirm CEO Max Levchin contended.

By Patrick Cooley • Sept. 19, 2024