Technology: Page 2


  • cryptocurrency graphic
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    Dan Kitwood via Getty Images

    Transparency key to crypto’s next phase: Circle CFO

    USDC issuer Circle is moving to become a public company, its CFO said, even as regulatory attention on the space sharpens.

    By Grace Noto • Feb. 24, 2023
  • Green Dot GO2bank
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    Courtesy of Green Dot

    Green Dot juggles customer changes

    The banking-as-a-service company posted profits in the final quarter of last year even as it recovered from the loss of clients.

    By Feb. 24, 2023
  • Animated computer with face on it and verification seemingly in process Explore the Trendline
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    Elena Lukyanova via Getty Images
    Trendline

    Growing fraud boosts focus on identifying customers

    With cybercriminals morphing and multiplying in the COVID-19 era, businesses on the counter-attack and government regulators are racing to keep up.  

    By Payments Dive staff
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    Joe Raedle via Getty Images

    Block boosts Ahuja’s responsibilities

    Pledging to be more efficient with a revamp of the company’s leadership structure, Block has combined the CFO and COO roles under Amrita Ahuja.

    By Feb. 24, 2023
  • GoDaddy banner hangs outside of the New York Stock Exchange
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    Spencer Platt via Getty Images

    GoDaddy launches payable domain service

    GoDaddy now offers its business owner clients a digital payment tool that is customizable to their company branding.

    By Tatiana Walk-Morris • Feb. 24, 2023
  • The Federal Reserve building is seen January 22, 2008 in Washington, DC.
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    Chip Somodevilla via Getty Images

    FedNow aims to avoid Zelle-type fraud

    As the Federal Reserve prepares for a mid-year launch of its instant payments system, FedNow, it’s zeroing in on anti-fraud tools to protect users.

    By Feb. 23, 2023
  • 100 dollar bills with green streaks spiraling around them and 0s and 1s in the background
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    Viorika via Getty Images

    Same-day, B2B payments fuel ACH growth

    Last year’s same-day ACH limit increase helped nearly double that category’s total payment compared to 2021, Nacha said.

    By Tatiana Walk-Morris • Feb. 23, 2023
  • Interior of Discover Financial Services customer care center building
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    Courtesy of Discover Financial Services

    Discover launches tech website

    The card company joined the Linux Foundation and Fintech Open Source Foundation as part of a broader investment into its developer ecosphere.

    By Matt Ashare • Feb. 23, 2023
  • credit cards
    Image attribution tooltip
    Joe Raedle via Getty Images

    Paymentus hands interim CFO severance benefits

    The company called the severance benefits’ approval a formality. But one expert said it is likely a retention strategy designed to encourage the interim CFO to “stick around.” 

    By Maura Webber Sadovi • Feb. 16, 2023
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.

    Toast acquires drive-thru tech company

    Adding Delphi Display Systems’ technology helps Toast more broadly serve its quick-service restaurant customers, the company’s executives said.

    By Feb. 16, 2023
  • Branch card is used
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    Courtesy of Branch

    Branch draws Uber, others into fold

    After landing Uber as a client, the worker payment services company has recently attracted other logistics and delivery clients with help from that big name.

    By Feb. 16, 2023
  • Mobile phone with currency symbols
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    hqrloveq via Getty Images

    Payments firms gear up for new ISO standard

    The Clearing House and other payments players, including Swift, are readying for the March rollout of a international payments standard.

    By Feb. 15, 2023
  • A photo of a grabango checkout kiosk being used by a shopper.
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    Permission granted by Grabango

    Coen stores add Grabango checkout technology

    As the frictionless locations go into service, Grabango’s CEO Will Glaser sees the technology gaining traction in coming years.

    By Jessica Loder • Feb. 15, 2023
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    Sarah Silbiger via Getty Images

    SpotOn aims to unseat restaurant rivals

    The restaurant payments and software company is battling Toast and Square and taking on legacy payments companies such as NCR and Oracle.

    By Feb. 14, 2023
  • A client pays contactless with her smartphone as people queue up to buy deep fried doughnut balls (oliebollen) on December 31, 2020 in The Hague, Netherlands.
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    Pierre Crom via Getty Images

    P97, Visa partner on payment security

    The agreement aims to reduce friction for connected-car payments and enhance mobile payment acceptance at 60,000 convenience stores.

    By Jessica Loder • Feb. 13, 2023
  • Global Payments CEO Jeff Sloan
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    Retrieved from Global Payments Spokesperson Matt Cochran on September 10, 2021

    Global Payments sells gaming unit for $415M

    Like the company’s $1 billion sale of its Netspend consumer unit, the divestiture reflects efforts to refine its portfolio, said Global Payments CEO Jeff Sloan.

    By Feb. 10, 2023
  • Fiserv headquarters in Brookfield, Wisconsin
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    Google Maps

    Fiserv’s new HQ approved for state tax credits

    The company is set to receive up to $7 million from the Wisconsin Economic Development Corporation for its new Milwaukee headquarters.

    By Feb. 10, 2023
  • Schulman walking outside with a name tag on his chest.
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    Kevin Dietsch via Getty Images

    PayPal CEO will retire at the end of 2023

    Dan Schulman said he plans to exit then, but will be flexible in the timing. He called 2023 a potentially “transformational year” for the digital payments company.

    By Feb. 9, 2023
  • Customer pays with card
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    dikushin via Getty Images

    Ingenico aims to make acquirers more competitive

    Ingenico is adding an in-store payments software service, and hinted that a large U.S.-based merchant acquirer will start using it soon.

    By Feb. 9, 2023
  • Affirm to acquire Returnly.
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    Courtesy of Affirm

    Affirm cuts 500 employees

    The buy now, pay later provider is eliminating jobs after its loss for the fourth quarter of last year ballooned over the same period in 2021.

    By Feb. 9, 2023
  • Diagram of FedNow payments
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    Federal Reserve. "FedNow Instant Payments". Retrieved from FRB Services.

    Jack Henry touts FedNow launch

    In July, the company expects to become the first payments processor to launch the Federal Reserve’s new real-time service.

    By Feb. 8, 2023
  • A customer in front of a promotional sign for a scan and pay solution at a grocery store.
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    Courtesy of Instacart

    Instacart debuts Scan & Pay with NYC grocer

    This marks the retail debut of the Instacart technology, which is part of the company’s suite of in-store solutions for retailers.

    By Catherine Douglas Moran • Feb. 7, 2023
  • A sign is posted in front of an office at Google headquarters on February 02, 2023 in Mountain View, California
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    Justin Sullivan via Getty Images

    Google, Amex roll out anti-fraud tool

    Amex is the latest card company to tap a Google virtual card service aimed at increasing the security of online payments.

    By Feb. 7, 2023
  • Fiserv CEO Frank Bisignano
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    Eugene Gologursky / Stringer via Getty Images

    Fiserv discloses acquisitions

    Even as the payments and fintech giant cut employees and sold off business units, the company spent $1 billion on acquisitions last year.

    By Feb. 7, 2023
  • Hand holding a phone with the Instacart App open.
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    Photo Illustration: Instacart; Getty Images

    Opinion

    Eliminating costly false declines online

    “False declines are especially problematic in an environment where demanding customers with high expectations are not afraid to take their business elsewhere,” writes an Experian executive.

    By Chris Ryan • Feb. 6, 2023
  • Worker using point of sale system in coffee shop
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    time99lek via Getty Images

    Lightspeed bets on bigger customers

    In pursuing profitable growth, point-of-sale software and payments provider Lightspeed Commerce is zeroing in on larger merchants as clients.

    By Feb. 6, 2023