Technology: Page 15


  • Wise money transfer account
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    Permission granted by Wise
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    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
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    damircudic via Getty Images
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    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
  • Graphic of digital money transfer symbols overlaid on a map of the world Explore the Trendline
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    ArtemisDiana via Getty Images
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    Trendline

    Cross-border payments targeted for upgrades

    When it comes to cross-border payments, businesses, non-profits and governments alike are determined to increase the speed of transactions and cut the cost.

    By Payments Dive staff
  • Brex CEO Pedro Franceschi pictured against a grey background.
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    Courtesy of Brex
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    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
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    alexialex via Getty Images
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    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.
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    Eric Thayer via Getty Images
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    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.
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    Justin Sullivan via Getty Images
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    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.
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    Techa Tungateja via Getty Images
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    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.
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    D-Keine via Getty Images
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    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
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    Morsa Images via Getty Images
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    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
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    damircudic via Getty Images
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    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.
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    Courtesy of Affirm
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    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.
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    Sergio Flores/Getty Images via Getty Images
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    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.
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    Michael M. Santiago/Getty Images via Getty Images
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    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
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    P_Wei via Getty Images
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    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
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    Retrieved from Flickr/RikkisRefuge.
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    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.
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    Permission granted by Square
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    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
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    Permission granted by Dollar General
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    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.
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    Samuel Corum via Getty Images
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    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.
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    Cecilie_Arcurs via Getty Images
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    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
  • Image of bitcoins.
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    Chris McGrath via Getty Images
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    Mastercard floats crypto credential service

    The card issuer joins its tech and payments peers in integrating crypto into the traditional financial system.

    By Tatiana Walk-Morris • May 31, 2024
  • close up of dollar bills
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    Gordan1 via Getty Images
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    Investments for payments startups trickle in

    Venture capital flowing to startups in the payments sphere remains reduced this year, extending a rut from last year.

    By May 30, 2024
  • A brand image of Klarna's shopping app
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    Courtesy of Klarna
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    Klarna uses AI to cut marketing costs

    The Stockholm-based buy now, pay later company said more than a third of its first-quarter savings on sales and marketing expense was attributable to artificial intelligence.

    By Chris Kelly • May 29, 2024
  • Juice bar merchant takes card for transaction.
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    jacoblund via Getty Images
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    Debit cards face rising digital wallet competition

    Roughly 72% of consumers say they swipe, dip or tap a debit card at the point of sale, a larger portion than credit cards, checks and digital wallets, according to a consumer survey by research firm J.D. Power.

    By May 29, 2024
  • An over-the-shoulder shot of a person using a smartphone to check the balance of a digital wallet while standing on a city street at night.
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    gorodenkoff via Getty Images
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    Paze targets nationwide coverage by year-end shopping season

    The big bank-backed digital wallet is now accepted by about 80,000 "primarily small" merchants according to Early Warning Services Managing Director James Anderson.

    By May 28, 2024