Technology: Page 15
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Shang-Jie Hsu via Getty Images
Pipe pursues international expansion
The digital cash advance provider to small businesses deepened its ties to the British firm GoCardless this week as part of its quest to expand outside the U.S. market.
By Lynne Marek • Oct. 23, 2024 -
Win McNamee via Getty Images
CFPB issues final rule on open banking
In a change from last year’s proposal, payment apps are included under the rule. Financial institutions with less than $850 million in assets are exempt.
By Dan Ennis • Oct. 22, 2024 -
Explore the Trendline➔
NatalyaBurova via 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 -
Matt Winkelmeyer via Getty Images
Stripe to buy stablecoin company Bridge for reported $1.1 billion
The CEOs for Stripe and Bridge confirmed the news on the social media platform X on Monday, but offered few details on the deal.
By Patrick Cooley • Oct. 21, 2024 -
Daniel Boczarski via Getty Images
Fiserv may grab competitive edge with new bank charter
The payments processor can undercut rivals on price because it won’t be paying bank fees, say industry consultants.
By Patrick Cooley • Oct. 21, 2024 -
Permission granted by Dave
Employees who lean on EWA face increased fees
Many employees who use earned wage access services are high-frequency customers who end up with higher overdraft costs, said a Center for Responsible Lending report.
By Tatiana Walk-Morris • Oct. 18, 2024 -
Courtesy of Apple
Apple, Klarna collaborate on BNPL
The tech giant has linked with the Swedish buy now, pay later provider to offer Apple Pay customers in the U.S. and U.K. another payment option.
By Patrick Cooley • Oct. 18, 2024 -
Courtesy of Megan Cheung
Visa taps AI analytics partner to add merchant services
The card network giant has signed a new multi-year agreement with the marketing research firm Analytic Partners to deliver advertising insights to merchant clients.
By Lynne Marek • Oct. 16, 2024 -
Courtesy of Mastercard
Payments players tap M&A to build tech stacks
The Fed’s recent interest rate cut could spur even more deal-making in the remaining months of the year and into 2025. Mastercard, Global Payments and Payoneer are among the companies that have bought businesses this year.
By Shefali Kapadia • Oct. 16, 2024 -
Vadym Petrochenko via Getty Images
Payments investments rise worldwide
Although venture capital investment in young payments firms grew globally during the third quarter, compared with the same period last year, that wasn’t the case for U.S. firms.
By Lynne Marek • Oct. 15, 2024 -
Moowan Photo via Getty Images
Worldpay taps Aeropay for gaming payments assist
The two payments companies have teamed up to provide account-to-account payments for gaming merchants and their customers.
By Lynne Marek • Oct. 14, 2024 -
Win McNamee via Getty Images
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 -
Justin Sullivan / Staff via Getty Images
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 -
Courtesy of Grabanco
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 -
Permission granted by Lynne Marek
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 -
Creative via Getty Images
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 -
Viorika via Getty Images
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 -
SDI Productions via Getty Images
OpinionHealthcare’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 -
Daniel Boczarski via Getty Images
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 -
abdoudz via Getty Images
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 -
Google Maps
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 -
Courtesy of Uber
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 -
Anna Webber via Getty Images
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 -
Courtesy of Affirm
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 -
Permission granted by Andy Gerit
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 -
Retrieved from Lynne Marek on March 04, 2022
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
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