Technology: Page 2


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    Courtesy of Grubhub

    Grubhub adds instant pay option for delivery drivers

    Food delivery company GrubHub will make an instant payout option available to its couriers, with an assist from PayPal and Visa, so drivers can deposit earnings to a debit card.

    By Alicia Kelso • June 15, 2022
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    Permission granted by PayPal Spokesman Joseph Gallo

    PayPal expands BNPL payment options

    PayPal is making a bigger move into buy now-pay later financing as competitors in that arena multiply. It will now offer a new monthly payment plan targeted at bigger purchases.

    By June 15, 2022
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    Trendline

    Payment fintechs persist despite economic upheaval

    Payment fintechs are being tested by macro-economic headwinds, from inflation to supply constraints, but many see this as an opportunity to prove they can grow despite the obstacles.

    By Payments Dive staff
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    choness via Getty Images

    Payments startups still gaining value, for now

    Payments companies “led the pack in valuation increases” and had the biggest average increase in valuation, according to S&P Global Market Intelligence.

    By June 14, 2022
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    AndreyPopov via Getty Images

    Payrailz gains traction in battle with big rivals

    The six-year-old company said it expanded its client base by a third in the first quarter and will double last year’s count to 150 by the end of this year.

    By June 14, 2022
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    Kevin Dietsch via Getty Images

    PayPal strives to improve checkout

    The company aims to improve the checkout experience for both merchants and consumers, with new services being tested this year, CEO Dan Schulman said.

    By June 13, 2022
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    Maks_Lab via Getty Images

    AffiniPay buys legal software firm MyCase

    AffiniPay will link the acquired firm with its LawPay business. The two companies combined are expected to generate about $200 million in annual revenue.

    By June 13, 2022
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    Don't count crypto out just yet

    Cryptocurrency skeptics were undoubtedly delighted by TerraUSD’s collapse last month, but there are plenty of signs already this month that the crypto era is far from over. Maybe it’s just beginning.

    By June 10, 2022
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    Rostislav_Sedlacek via Getty Images

    Chip cards rise 10% last year to 12B globally

    That figure was the annual increase tallied this week by EMVCo as part of its work to streamline payment protocols for merchants and improve the security of their transactions.

    By Tatiana Walk-Morris • June 10, 2022
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    Justin Sullivan via Getty Images

    Visa sees long runway with cash-to-card transition

    For Visa, plenty of opportunity remains in cash-to-card digitization, offsetting any slowdown in consumer spending, CFO Vasant Prabhu said this week.

    By June 9, 2022
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    Courtesy of Toast

    Toast heats up restaurant payments competition

    As Toast adds services, the Boston startup is taking business from larger rivals and fintech peers, analysts say.

    By June 8, 2022
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    Drew Angerer/Getty via Getty Images

    Apple joins BNPL boom

    Apple Pay Later will let users split the cost of an Apple Pay purchase into four equal payments over a six-week period, with no interest or fees. It will be available via the Mastercard network.

    By June 7, 2022
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    Just_Super via Getty Images

    Foundation opines on crypto bill

    The Stellar Development Foundation provided its take on this week’s bipartisan Senate bill to create a regulatory framework for cryptocurrencies.

    By Robin Bradley • June 7, 2022
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    Courtesy of One Finance

    Customer satisfaction with card apps declines

    "When it comes to delivering that level of personalization through high-touch digital channels, most banks and credit card providers are missing the mark," J.D. Power said in a new consumer survey report.

    By Tatiana Walk-Morris • June 7, 2022
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    Courtesy of Mashgin

    Circle K owner rolls out computer-vision checkout units

    Alimentation Couche-Tard, which operates locations under the Circle K and Couche-Tard banners, plans to deploy Mashgin's technology across North America and Europe over the next three years.

    By Sam Silverstein • June 6, 2022
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    Joe Raedle via Getty Images

    Repay uses raises, retention packages to win workers

    While some payments players have pared jobs, Repay CFO Timothy Murphy plans to continue hiring and said there's been "no slowdown in growth for our core markets."

    By Maura Webber Sadovi • June 6, 2022
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    iStock / janiecbros

    Sponsored by Tipalti

    Why the creator economy is a smart partnership

    The creator economy has become a global phenomenon overnight, and companies are paying close attention.

    June 6, 2022
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    Chainarong Prasertthai via Getty Images

    Block offers Apple tap-to-pay for merchants

    Block wants to attract more business clientele as fintech firms experience economic volatility. Offering tap-to-pay on the iPhone advances that goal.

    By Tatiana Walk-Morris • June 3, 2022
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    Courtesy of Stripe

    Stripe's legal ops chief aims to curb spending

    The digital payments company’s legal team hopes to introduce more alternative fee structures to help gain more balance in outside law firm costs. 

    By Robert Freedman • June 3, 2022
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    PeopleImages via Getty Images

    NMI aims to equip banks with modern payments tech

    As banks try to fend off competition from fintechs in merchant acquiring and processing, payments gateway NMI aims to capitalize by offering to bolster their services.

    By June 1, 2022
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    Brandon Bell via Getty Images

    BNPL extends to gas, groceries

    Buy now-pay later providers have made their financing services more available for everyday purchases, offering consumers a tool to deal with inflation.

    By June 1, 2022
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    Matt Cardy via Getty Images

    Cross-border payments change as they rise: report

    Consumers and businesses are more frequently using digital means to send payments around the world, according to Mastercard's second annual report on cross-border payments.

    By Tatiana Walk-Morris • May 31, 2022
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    Chris Hondros via Getty Images

    JPMorgan hires exec from PayPal to head fintech partnerships

    Peggy Mangot joined the bank this month to lead a team responsible for designing and developing fintech partnership strategy at JPMorgan Chase's commercial bank.

    By Anna Hrushka • May 27, 2022
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    Alex Wong via Getty Images

    CBDC, stablecoins, commercial bank money can coexist, Brainard says

    The Federal Reserve vice chair, at a House Financial Services Committee hearing Thursday, also called for stricter regulation in the stablecoin space.

    By Robin Bradley • May 27, 2022
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    Sam Silverstein/Payments Dive

    Dollar General piloting self-checkout-only stores

    The test will involve about 200 of the discount retailer's 18,000-plus locations and run throughout 2022, Chief Operating Officer Jeff Owen said Thursday during an earnings call.

    By Sam Silverstein • May 27, 2022
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    hapabapa via Getty Images

    Adyen targets North America for growth

    Upstart Dutch payments processor Adyen is increasing its competition against FIS, Fiserv and Stripe on their home turf in the U.S.

    By May 27, 2022