Technology: Page 2


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    Jack Henry & Associates bucks slowdown trend

    Executives for the tech services provider asserted that their pipeline of new business remains healthy despite economic headwinds beating up the rest of the industry.

    By Nov. 9, 2022
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    Opinion

    Preparing for the CBDC era

    Central bank digital currencies would allow for faster cross-border payments that would “help boost trade within the region and with the rest of the world,” an Equinix executive writes.

    By Lance Homer • Nov. 9, 2022
  • Graphic of digital money transfer symbols overlaid on a map of the world Explore the Trendline
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    ArtemisDiana via Getty Images
    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
  • Max Levchin is the ceo of Affirm
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    Drew Angerer/Getty via Getty Images

    Affirm curbs hiring amid economic uncertainty

    The buy now-pay later company is pulling back on adding talent in some areas, but plunging ahead in others and seeking out talent in lower-cost regions.

    By Nov. 9, 2022
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    PeopleImages via Getty Images

    ACI Worldwide fires CEO

    Odilon Almeida had served as the payments company’s president and CEO since March 2020 and will be succeeded temporarily by board chairman Thomas Warsop.

    By Nov. 9, 2022
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    Steve Jennings via Getty Images

    Brex co-CEO: Fintech took ‘reputation hit’ after dropping customers

    Co-CEO and cofounder Henrique Dubugras regrets Brex’s handling of its June customer base changes, but said narrowing the company’s focus on startups was the right call.

    By Nov. 8, 2022
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    crbellette via Getty Images

    FedNow gives fee holiday in 2023

    Federal Reserve banks introducing the new instant payments system next year will jettison customer transfer and participation fees for the launch.

    By Nov. 7, 2022
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    Joe Raedle via Getty Images

    Block pledges to curb spending

    The digital payments company plans to slow the pace of hiring in 2023 as executives aim to rein in expenses.

    By Nov. 4, 2022
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    Kevin Dietsch via Getty Images

    PayPal girds for slowdown, leans on Apple, Amazon

    The digital payment pioneer is counting on its ties to Apple and Amazon as it prepares for an economic slowdown already showing up in e-commerce.

    By Nov. 4, 2022
  • Image of Twitter feed on computer showing Elon Musk's face and a headline about this purchase of the the company.
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    Scott Olson via Getty Images

    Musk aims Twitter at payments

    Twitter’s new billionaire owner plans to make the company into a payments player, but industry pros say social media platforms aren’t cut out for that game.

    By Nov. 3, 2022
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    Permission granted by Stripe

    Stripe chops workforce for ‘leaner times’

    The payments company will cut about 1,140 jobs as it reins in expenses in the face of deteriorating economic conditions after growing too fast.

    By Nov. 3, 2022
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    Fiserv scoops up Nextable

    With the latest acquisition, Fiserv is further strengthening its restaurant chops, adding cloud-based reservation and table management to its BentoBox operation.

    By Nov. 3, 2022
  • Global Payments CEO Jeff Sloan
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    Retrieved from Global Payments Spokesperson Matt Cochran on September 10, 2021

    Global Payments leans into fintechs

    As it pursues more fintech clients, the payments processor sees B2B and commercial cards as areas ripe for expansion.

    By Nov. 3, 2022
  • Person with shopping bag passes storefront window with Bitcoin sign
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    Chris McGrath/Getty Images Europe via Getty Images

    MoneyGram dives deeper into crypto

    The money transfer company said it’s adding a new crypto feature to its mobile app, expanding on an attempt to appeal to a younger client set.

    By Tatiana Walk-Morris • Nov. 2, 2022
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    6 payments takeaways from big consulting firms

    Recent reports from Ernst & Young, Forrester Research and McKinsey examined forces at play in the payments industry, from “swipe” fee frustration to open banking and cross-border payments trends.

    By , , Nov. 2, 2022
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    Courtesy of Square

    Honeywell jumps into mobile payments battle

    The tech conglomerate will couple new payments software with its mobile computers to process transactions anywhere, taking on a pack of rivals already in the market.

    By Nov. 1, 2022
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    Scott Olson via Getty Images

    Warren urges CFPB crackdown on Zelle fraud

    Sen. Elizabeth Warren told the Consumer Financial Protection Bureau that it should amend Regulation E of the Electronic Fund Transfer Act “to increase consumer protection.”

    By Anna Hrushka • Oct. 31, 2022
  • Person laying back on a couch with a computer and a credit card shopping.
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    pixdeluxe via Getty Images

    Jack Henry debuts P2P payments tool

    The company is bringing the peer-to-peer payments tool to community and regional bank clients, after big banks made P2P popular through Zelle.

    By Tatiana Walk-Morris • Oct. 31, 2022
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    Dan Kitwood via Getty Images

    Deluxe aims to add crypto

    The company better known for paper checks is preparing for increased consumer use of digital assets, with plans to add options for accepting crypto next year.

    By Oct. 31, 2022
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    Permission granted by Banked
    Sponsored by Banked

    Mitigating fraud in the payments industry

    Cybercrime countermeasures are essential to protecting private banking data. Here’s how fintech innovators can protect customer data.

    Oct. 31, 2022
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    Permission granted by Michelle Parke

    Papaya builds cross-border payroll services

    The well-funded startup is taking on big clients and rivals in seeking to offer cross-border payroll payment services, with checks sent to workers in 72 hours.

    By Oct. 28, 2022
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    kajakiki via Getty Images

    Shoppers turn to installment payments for holidays: report

    Shoppers aim to stretch their budgets by trying installment payment plans and seeking discounts from retailers, according to a new report.

    By Tatiana Walk Morris • Oct. 27, 2022
  • Fiserv CEO Frank Bisignano
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    Eugene Gologursky / Stringer via Getty Images

    Fiserv sheds Korea unit, plans move to Milwaukee

    After selling off three business units and taking other actions to “tighten spending” in the third quarter, Fiserv CFO Bob Hau expects cost improvement for the fourth quarter.

    By Updated Oct. 28, 2022
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    Anastasia Vlasova / Stringer via Getty Images

    Ukraine raises fraud concerns, Stripe exec says

    The war in Ukraine raised the stakes for payment fraud detection, as bad actors devise more complex ways of evading oversight.

    By Oct. 26, 2022
  • Consumer Financial Protection Bureau Director Rohit Chopra standing at a podium on stage.
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    Lynne Marek/Payments Dive

    CFPB aims to give ‘open banking’ rule teeth in 2024

    The bureau's chief, Rohit Chopra, laid out the timeline this week for a rule change meant to make it easier for consumers to break up with their banks.

    By Gabrielle Saulsbery • Oct. 26, 2022
  • Federal Reserve Governor Christopher Waller sits on a chair on stage.
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    Lynne Marek/Payments Dive

    FedNow will be a ‘public utility model,’ Waller says

    The central bank governor equated the nascent system with an interstate highway on which private companies will provide "on-ramps" and "off-ramps."

    By Oct. 26, 2022