Technology: Page 24
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Convenience retailer Maverik taps Relay’s fuel payment tech
The Salt Lake City-based convenience store retailer joins Yesway and Pilot in implementing Relay’s contactless purchasing platform.
By Brett Dworski • Jan. 11, 2024 -
X plans payments launch for this year
“I would be surprised if it takes longer than the middle of [2024] to roll out payments,” X owner Elon Musk said during a conversation last month with Ark Invest CEO Cathie Wood.
By James Pothen • Jan. 10, 2024 -
Explore the Trendline➔
ArtemisDiana via Getty ImagesTrendlineCross-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 -
Visa debuts Web3 loyalty program
As the card network behemoth ventures into the Web3 experience, some firms are scaling back there.
By Tatiana Walk-Morris • Jan. 10, 2024 -
California’s DFPI fines Credova $50K
The buy now, pay later provider catering to gun sellers didn’t inform consumers of potential convenience fees, the state agency said.
By Caitlin Mullen • Jan. 10, 2024 -
Remitly taps ads to woo new clients
The cross-border payments company has boosted marketing to build up its remittance clientele.
By Lynne Marek • Jan. 10, 2024 -
6 payments trends to watch in 2024
Swipe fee battles, real-time payments, fraud prevention and acquisition plans will be among the hot topics pulsing through the industry this year.
By Lynne Marek , Caitlin Mullen , James Pothen • Jan. 9, 2024 -
Q&A
Regulator’s BNPL guidance may go beyond banks
The Office of the Comptroller of the Currency directed its advice at national banks, but a Venable attorney expects others to use it to inform their approaches.
By Caitlin Mullen • Jan. 9, 2024 -
Congress members seek clarity on CFPB bid to oversee digital wallets
In two separate letters, both Republican and Democratic lawmakers asked the Consumer Financial Protection Bureau to provide more information on a proposed rule.
By James Pothen • Jan. 9, 2024 -
Q&A
Tyler Technologies eyes growth in digital disbursements
The company, which provides payment and software services to the public sector, is seeing increased client interest in digital disbursements such as prepaid debit cards, said Sloane Wright, Tyler’s senior VP of payments.
By Caitlin Mullen • Jan. 8, 2024 -
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Jan. 8, 2024 -
FlexWage wins EWA carve-out in Connecticut
The earned wage access company said the Connecticut Department of Banking determined it doesn’t need a state lending license.
By Lynne Marek • Jan. 5, 2024 -
Florida weighs cashless ban
Lawmakers in the state are considering legislation that would require merchants to accept cash payments.
By Caitlin Mullen • Jan. 5, 2024 -
Bank groups voice concerns with CFPB’s open banking proposal
The Bank Policy Institute and The Clearing House want the Consumer Financial Protection Bureau to take a tougher stance on screen scraping, and allow banks to charge fees to cover the cost of enabling data sharing.
By Anna Hrushka • Jan. 5, 2024 -
Holiday shoppers spent $16.6B online using BNPL: report
BNPL usage hit an all-time high during the season, with Cyber Monday as the largest day on record for the payment method, according to Adobe.
By Tatiana Walk-Morris • Jan. 4, 2024 -
The image by Ted Eytan is licensed under CC BY-SA 2.0
Trade groups seek to delay digital wallet oversight plan
Fintech trade groups asked the Consumer Financial Protection Bureau to extend the comment period on a proposal formalizing its oversight of big tech companies’ digital wallets.
By Caitlin Mullen • Jan. 4, 2024 -
CFPB flags impending guidance on earned wage access
The federal agency plans to weigh in on EWA services, it said in commenting on a California proposal to register and oversee the providers of such services.
By Lynne Marek • Jan. 4, 2024 -
NY governor pursues BNPL regulation
New York Gov. Kathy Hochul is seeking to require buy now, pay later providers to obtain a license to operate in the state, in addition to other potential regulations for the industry.
By Caitlin Mullen • Jan. 3, 2024 -
Q&A
Endava exec talks super apps, Paze and embedded payments
The consulting firm’s global marketing head explained in an interview why a bank-backed digital wallet won’t be “the PayPal killer” and why the U.S. hasn’t seen a super app for payments.
By James Pothen • Jan. 3, 2024 -
Canadian payments firms chart US growth
Versapay and Brim Financial, both based in Toronto, have already lured U.S. customers, and are seeking to expand their clientele south of the border.
By Lynne Marek , Caitlin Mullen • Dec. 22, 2023 -
Employee feedback informs Global Payments’ RTO approach
Flexibility ranked high on the payment processor’s list of employee retention pain points, so the company turned to staffers for guidance, said Chief Human Resources Officer Andréa Carter.
By Ryan Golden • Dec. 22, 2023 -
How Google’s settlement will change in-app payments
Google’s settlement with attorneys general this week includes a lengthy list of changes the tech titan must make in its approach to in-app payments.
By Lynne Marek • Dec. 21, 2023 -
Data startup Spade aims for larger customers
Spade is tapping its recent funding to try to lure more big U.S. banks to its services, CEO Oban MacTavish said.
By Caitlin Mullen • Dec. 21, 2023 -
Walmart adds Affirm to self-checkout kiosks
In an expanded partnership between the two companies, Walmart is adding Affirm’s buy now, pay later option at its checkout kiosks at most stores.
By Tatiana Walk-Morris • Dec. 21, 2023 -
Q&A
Visa leans on fintech partners
Teaming with emerging fintechs is “a way of staying very, very relevant,” said Jim Schinella, Visa’s global head of digital partnerships.
By Caitlin Mullen • Dec. 20, 2023 -
Don’t know what a digital wallet is? We’ve got you covered.
This primer fills in the gaps on how digital wallets work, what companies compete to provide such payment tools and what to expect from them in the future.
By James Pothen • Dec. 20, 2023