Technology: Page 25


  • A close up view of a stack of visa bank cards.
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    Justin Sullivan via Getty Images
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    Visa teams with SAP’s Taulia on embedded payments

    The card network giant wants to simplify payment processes for chief financial officers, accounts payable staff and procurement professionals, via the new tie.

    By Tatiana Walk-Morris • March 14, 2024
  • A Klarna sign at a Charlotte Premium Outlets mall in Charlotte, N.C. on March 26, 2022.
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    Caitlin Mullen/Payments Dive, data courtesy of Industry Dive employee Caitlin Mullen
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    Klarna’s IPO prospects grab spotlight

    The BNPL provider’s CEO has suggested the company could IPO “quite soon,” but fintech investors expect the market will first want to see a stronger track record of profitability.

    By Caitlin Mullen • March 13, 2024
  • Lock and credit card showing security theme Explore the Trendlineâž”
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    NatalyaBurova via Getty Images
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    Trendline

    Embedded payment tools make inroads

    Business customers demanding integrated tools is likely to keep driving a trend toward more embedded payments tools.

    By Payments Dive staff
  • Colleagues at business meeting in conference room.
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    FangXiaNuo via Getty Images
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    PayPal, Mastercard add C-suite hires

    Payments firms are loading up on new C-suite hires this year as some in the industry build out new management teams.

    By March 13, 2024
  • Patrick and John Collison, Stripe co-founders
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    Permission granted by Stripe
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    Stripe reports payments volume increase

    The digital payments company processed $1 trillion in total payments volume last year, according to its annual letter released Wednesday.

    By March 13, 2024
  • The Federal Deposit Insurance Corp. headquarters in Washington, D.C.
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    Anna Hrushka/Payments Dive
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    FDIC pushes regulators to address tokenization

    Tokenization could be a "major leap" for the monetary system. FDIC Vice Chairman Travis Hill doesn't want the U.S. to be left out.

    By Gabrielle Saulsbery • March 12, 2024
  • Alex Chriss, PayPal's next CEO
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    Permission granted by PayPal
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    PayPal may axe straggler business units

    On the fringes of the digital payment pioneer’s two main businesses are some in a third category that could be jettisoned this year, CEO Alex Chriss said last week.

    By March 12, 2024
  • A gray four-door crossover vehicle with a woman seated with her hand on the steering wheel is parked in front of a Hertz building.
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    Courtesy of Hertz/GM
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    Hertz taps Stripe for digital payments

    The digital payments company will power website and app-based reservations for the car rental business, along with providing a point-of-sale system.

    By March 12, 2024
  • Ryan McInerney with arms folded
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    Permission granted by Andy Gerit
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    Visa spends ‘billions’ battling cybersecurity threats

    “We are all in an arms race to protect this ecosystem, to protect the network,” Visa CEO Ryan McInerney said at an investor conference last week.

    By March 11, 2024
  • JPMorgan Chase building signage in New York City
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    Michael M. Santiago / Staff via Getty Images
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    JPMorgan to launch biometric checkout next year

    The bank’s payments unit plans to engage in more pilots this year before rolling out the checkout service broadly next year, said Prashant Sharma, JPMorgan’s executive director of biometrics and identity solutions.

    By Caitlin Mullen • March 11, 2024
  • A person scanning a QR code
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    Kayoko Hayashi via Getty Images
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    IHG approves slew of hotel digital tipping solutions

    The hotel group announced that it had newly approved several payment vendors to expand the company’s digital tipping capabilities.

    By Noelle Mateer • March 11, 2024
  • People standing outside a glass storefront with an illuminated apple logo
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    Chris McGrath via Getty Images
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    Apple reverses decision on blocking Epic

    “We are moving forward as planned to launch the Epic Games Store and bring Fortnite back to iOS in Europe,” Epic said following the change.

    By March 8, 2024
  • The Volkswagen ID. Buzz Pro, a battery-electric vehicle.
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    Courtesy of Volkswagen
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    Fleetcor invests in Brazilian mobile app business Zapay

    Fleetcor’s investment this week follows other payments companies, including Visa, in investing in Brazilian businesses.

    By March 8, 2024
  • The logo on an Apple iPad
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    Peter Macdiarmid via Getty Images
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    Apple blocks Epic’s rival app store

    “Apple is trying to cynically kill off developers that stand up to them,” Epic Director of Public Policy Leo Rees said Wednesday.

    By March 7, 2024
  • Alex Chriss, PayPal's next CEO
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    Permission granted by PayPal
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    PayPal CEO prioritizes bettering branded services

    Alex Chriss aims to use the company’s faster-growing unbranded Braintree business to give a boost to the legacy PayPal brand.

    By March 7, 2024
  • A photo of the exterior of a Huck's location.
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    Permission granted by Huck's
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    Huck’s adds touchless payments for fleets

    The convenience retailer is the latest to add this capability as it seeks to win over more business from corporate accounts and professional drivers.

    By Jessica Loder • March 6, 2024
  • A birds-eye picture of a stethoscope and piggy bank against a blue background
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    erdikocak via Getty Images
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    US Health Dept. offers assistance in wake of Change cyberattack

    Healthcare providers have reported significant challenges to their day-to-day operations, including problems receiving payment from patients and insurers.

    By Emily Olsen • March 6, 2024
  • An illustration of the front of a bank connected to different icons representing digital services.
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    Chor muang via Getty Images
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    i2c pursues bank clients abroad

    The issuing-processing fintech sees a bigger opportunity in regions outside the U.S. to sell its core banking services, founder and CEO Amir Wain said.

    By Caitlin Mullen • March 6, 2024
  • BP
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    Retrieved from BP.
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    BP to upgrade mobile app, POS system

    The c-store and fuel giant will overhaul its BPme platform as it looks to create an enhanced purchasing experience, a spokesperson said.

    By Brett Dworski • March 6, 2024
  • The Google corporate logo hangs outside the Google Germany offices on August 31, 2021 in Berlin, Germany.
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    Sean Gallup via Getty Images
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    Google allows alternatives in Europe, cracks down in India

    The tech giant said it will expand in-app payments options in the EU, while cracking down on apps in India that it said refused to pay its fees.

    By March 6, 2024
  • EU fines Apple for app store music streaming
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    demaerre via Getty Images
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    $1.95B Apple fine is eye-catching, but EU faces tough road collecting

    “While we respect the European Commission, the facts simply don’t support this decision. And as a result, Apple will appeal,” the tech giant said Monday.

    By Robert Freedman • March 5, 2024
  • Customers line up at an Apple Store to pickup their orders of the new iPhone 14 on September 16,2022 in Wuhan. Hubei, China.
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    Getty Images / Stringer via Getty Images
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    Q&A

    EU fine challenges Apple’s payments business

    The tech giant is fighting “tooth and nail” to protect its commission from in-app purchases, Consumer Reports Senior Researcher Sumit Sharma said.

    By March 5, 2024
  • Fiserv CEO Frank Bisignano
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    Caitlin Mullen/Payments Dive, data from Fiserv
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    Fiserv lines up FedNow clients

    The mega processor has signed up 200 banks for FedNow, but now its clients are in search of use cases.

    By March 5, 2024
  • The red lock and its structure explode in a digital computer setting.
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    TU IS via Getty Images
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    Amex cardholder data exposed in merchant processor hack

    The point-of-sale attack on a merchant processor may have compromised card numbers, expiration dates and cardholder names, Amex said in a state regulatory filing.

    By Caitlin Mullen • March 5, 2024
  • Military style vehicle with Cash App sticker on window.
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    Jesse Grant via Getty Images
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    Cash App enforcement action expected this year

    Federal regulators reviewing whistleblower allegations related to Block’s Cash App may act on the complaints this year, predicted an attorney for the complainants.

    By March 4, 2024
  • Young women sending money through digital wallet, using wireless technology.
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    wagnerokasaki via Getty Images
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    Zelle transactions jumped 28% last year to $806B

    The peer-to-peer payment app provided a performance update, with transactions volume and value both up about 30% from the previous year.

    By March 4, 2024