Technology: Page 22
-
Permission granted by Aeropay
Aeropay partners with Cross River, UBank on sports gaming payouts
Digital payments provider Aeropay has lined up bank partners in an effort to facilitate faster access to winnings.
By Gabrielle Saulsbery • Feb. 8, 2024 -
anyaberkut via Getty Images
OpinionCFPB open banking proposal will be crucial
The agency’s open banking proposal is a step in the right direction, but details of the policy will shape how the market develops, a regulatory adviser writes in this op-ed.
By Jonah Crane • Feb. 8, 2024 -
Explore the Trendline➔
ArtemisDiana via Getty Images
TrendlineCross-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 -
Courtesy of Peterbilt
Fleet fintech ditches Visa for Mastercard
Fuel card startup AtoB, with $112 million in financial backing, plans to take on dominant fleet service rivals Wex and Fleetcor.
By Lynne Marek • Feb. 6, 2024 -
Jon Cherry via Getty Images
USDA offers online payment tool for farm loan borrowers
The new online option will give farmers and ranchers an alternative to making payments by phone, mail or visits to a USDA office.
By James Pothen • Feb. 6, 2024 -
Eugene Gologursky / Stringer via Getty Images
Fiserv lands Uber, eBay as debit network clients
The payment processing giant has signed more than a dozen large e-commerce clients following the Federal Reserve’s clarification of the debit routing rule.
By Caitlin Mullen • Feb. 6, 2024 -
Jerod Harris via Getty Images
Apple CEO pushes back on European regulation
The company’s customers may experience a drop in quality thanks to EU regulation slated to take effect next month, said Tim Cook, chief executive of the tech giant.
By James Pothen • Feb. 5, 2024 -
gorodenkoff via Getty Images
Why ‘pay-by-bank’ faces adoption hurdles in US retail
Pay-by-bank has been catching on only slowly, and it’s a particularly long shot for showing up at the point-of-sale anytime soon.
By Suman Bhattacharyya • Feb. 5, 2024 -
Permission granted by DoorDash
OpinionWhere will embedded payments flourish in 2024?
There are three areas where embedded finance is a good fit, and they are characterized by high volume and frequent payments, writes one industry executive.
By Julio Gomez • Feb. 5, 2024 -
Lynne A Marek/Payments Dive
Aldi debuts Grabango checkout tech at Chicago-area store
The retailer is working with artificial intelligence startup Grabango to offer a faster payments option for the first time in the U.S. at a location just outside Chicago.
By Sam Silverstein , Lynne Marek • Feb. 2, 2024 -
Permission granted by Discover Financial Services
Why Discover went all-in on open source
The card network’s tech leadership eased the product development process, removing barriers to innovation and opening pathways for engineers to advance.
By Matt Ashare • Feb. 2, 2024 -
Drew Angerer via Getty Images
Payments companies’ job cuts may not be done
PayPal, Block and Brex all started cutting employees in January in pursuit of efficiency and profits.
By James Pothen • Feb. 2, 2024 -
Creative via Getty Images
Emburse chases large customers
The expense management company plans to pursue bigger clients that offer a better value proposition, said new CEO Marne Martin.
By Caitlin Mullen • Feb. 2, 2024 -
Oli Scarff via Getty Images
BP adds new way to pay for fuel
Customers can redeem uChoose Rewards points for up to 50 cents off at about 7,000 of the gas company’s fueling locations.
By Jessica Loder • Feb. 2, 2024 -
Anna Moneymaker via Getty Images
Lawmakers clash on CFPB digital payment rule
Democratic senators said the proposed rule would curb “rampant” fraud, while Republican Congress members said it would introduce “regulatory uncertainty.”
By James Pothen • Feb. 1, 2024 -
The image by 401(K) 2012 is licensed under CC BY-SA 2.0
Blackhawk Network to buy Tango Card
Acquiring the digital rewards startup will bolster Blackhawk Network’s rewards platform, the gift card company said.
By Caitlin Mullen • Feb. 1, 2024 -
iStock/lechatnoir
What’s ahead for payments in 2024
The industry faces more upheaval this year as legacy companies and upstart fintechs jockey for the upper hand, and regulators monitor the competition closely.
By Lynne Marek • Jan. 31, 2024 -
Retrieved from Consumer Financial Protection Bureau.
CFPB hiring for tech enforcement
The expansion of the enforcement team is meant “to send a clear deterrent message to entities that are within our authority,” CFPB enforcement attorney Molly McOwen said.
By James Pothen • Jan. 31, 2024 -
Justin Sullivan via Getty Images
PayPal to cut 9% of workforce to bolster efficiency
The digital payments company plans to cut about 2,500 jobs, according to multiple news reports, shrinking the company as it seeks to jump-start profitable growth.
By Lynne Marek • Jan. 30, 2024 -
Catherine Douglas Moran/Payments Dive
ColumnPardon the Disruption: Self-checkout needs a better strategy, not just better tech
Contrary to recent reports, grocers aren’t pulling machines from their stores in droves. But they know there’s significant work to be done to improve the experience and reduce shrink.
By Jeff Wells • Jan. 30, 2024 -
Sara Samora/Payments Dive
Payments regulation and legislation abound in 2024
Payments players can expect this year to be heavy with regulatory and legislative moves, both at the federal and state levels.
By Lynne Marek • Jan. 30, 2024 -
Chip Somodevilla via Getty Images
FTC, FloatMe reach $3M settlement
The cash advance provider “lured consumers in with false promises of free money advances,” and then made it difficult for them to cancel, FTC Director Samuel Levine said in a press release.
By James Pothen • Jan. 29, 2024 -
Justin Sullivan / Staff via Getty Images
Visa debit payments growth slows
The card network reported a slowdown in U.S. payments growth in recent months, attributing the drag partly to new competition in online debit transactions.
By Lynne Marek • Jan. 29, 2024 -
abdoudz via Getty Images
Mastercard, TCH to enhance RTP network
The extended partnership between the two companies “focuses on co-development of new real-time payments capabilities,” a spokesperson for The Clearing House said.
By Tatiana Walk-Morris • Jan. 29, 2024 -
Christopher Furlong via Getty Images
Apple opens up payments under EU pressure
Apple plans to give software developers the option to use third-party payment systems, but warned that the change will expose consumers to new threats.
By James Pothen • Jan. 26, 2024 -
Kena Betancur / Stringer via Getty Images
Manhattan DA seeks tighter payment app security
“No longer is the smartphone itself the most lucrative target for scammers and robbers – it’s the financial apps contained within,” District Attorney Alvin Bragg Jr. said.
By James Pothen • Jan. 25, 2024
Previous
