Technology: Page 27


  • The Apple logo is displayed on the exterior of an Apple Store.
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    Justin Sullivan / Staff via Getty Images
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    Apple extends prepaid debit card reach

    Adding a virtual card number feature “is about giving options to consumers when retailers do not support Apple Pay,” Creative Strategies President Carolina Milanesi said.

    By Feb. 15, 2024
  • An Adyen office in Amsterdam
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    Anna Hrushka/Payments Dive
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    Q&A

    Adyen eyes growth in North America

    Davi Strazza, North America president at Adyen, pointed to the Dutch processor’s single technology platform as setting it apart in a crowded field of payments players.

    By Caitlin Mullen • Feb. 14, 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
  • A photo of a Bitcoin Depot bitcoin ATM.
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    Courtesy of Bitcoin Depot
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    Bitcoin Depot expands footprint by 400 ATMs

    The bitcoin ATM operator is adding to its fleet as it sees “a lot of demand,” according to COO Scott Buchanan.

    By Feb. 14, 2024
  • U.S. Treasury Secretary Janet Yellen testifies before the House Committee on Financial Services
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    Win McNamee via Getty Images
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    Yellen asks Congress for stablecoin legislation

    Treasury Secretary Janet Yellen renewed a call for Congress to act on digital assets, saying “there is no appropriate regulatory framework.”

    By Feb. 13, 2024
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    Justin Sullivan / Staff via Getty Images
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    Bill Holdings, Bank of America revamp contract

    The provider of bill-pay software services was expecting to extend its services to more of the bank's clients, but now the bank is changing its plans.

    By Feb. 12, 2024
  • Max Levchin, the CEO of buy now, pay later company Affirm
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    Kevin Dietsch / Staff via Getty Images
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    Affirm takes cautious approach to six-month outlook

    The buy now, pay later company’s forecast for the rest of the fiscal year was conservative, analysts said, even though revenue and merchandise volume jumped over the prior year during the holiday season.

    By Caitlin Mullen • Feb. 12, 2024
  • Fingers hover over a computer keyboard with numbers on a screen, against a shadowy backdrop.
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    jariyawat thinsandee via Getty Images
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    Q&A

    Banks should step up scam response: fraud expert

    With regulators gearing up to take a stronger stance against digital payments fraud, banks must focus on how they handle scams, says one executive.

    By Caitlin Mullen • Feb. 9, 2024
  • aeropay gaming screen
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    Permission granted by Aeropay
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    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
  • Open banking
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    anyaberkut via Getty Images
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    Opinion

    CFPB 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
  • A purple Peterbilt Model 579.
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    Courtesy of Peterbilt
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    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 Feb. 6, 2024
  • Xochitl Torres Small, Under Secretary for Rural Development, US Department of Agriculture speaks onstage during the 2022 Concordia Lexington Summit
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    Jon Cherry via Getty Images
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    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 Feb. 6, 2024
  • Frank Bisignano, Fiserv CEO
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    Eugene Gologursky / Stringer via Getty Images
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    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
  • Chief Executive Officer of Apple Tim Cook speaks onstage during Vox Media's 2022 Code Conference
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    Jerod Harris via Getty Images
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    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 Feb. 5, 2024
  • An digital sign for a purse, listing price and other color options, with a retail store in the background.
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    gorodenkoff via Getty Images
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    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
  • An image of a hand holding a smart phone with the DoorDash homepage.
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    Permission granted by DoorDash
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    Opinion

    Where 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
  • Worker stands next to checkout counter at grocery store.
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    Lynne A Marek/Payments Dive
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    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 , Feb. 2, 2024
  • Angel Diaz, VP of technology capabilities and innovation at Discover Financial Services, delivers a keynote presentation at KubeCon North America 2024 on November 09, 2023 in Chicago.
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    Permission granted by Discover Financial Services
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    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
  • Block Head Jack Dorsey testifies during a Senate Intelligence Committee hearing on Capitol Hill.
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    Drew Angerer via Getty Images
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    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 Feb. 2, 2024
  • Employees calculate business spending
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    Creative via Getty Images
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    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
  • BP
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    Oli Scarff via Getty Images
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    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
  • CFPB Director Rohit Chopra speaks in front of the House Financial Services Committee.
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    Anna Moneymaker via Getty Images
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    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 Feb. 1, 2024
  • Different gift cards on sale at a store
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    The image by 401(K) 2012 is licensed under CC BY-SA 2.0
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    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
  • Woman paying contactless at the cash register.
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    iStock/lechatnoir

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    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 Jan. 31, 2024
  • 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 Jan. 31, 2024
  • PayPal sign outside in front of parking lot with cars in background.
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    Justin Sullivan via Getty Images
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    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 Jan. 30, 2024