Technology: Page 27
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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 James Pothen • Feb. 15, 2024 -
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 -
Explore the Trendlineâž”
NatalyaBurova via Getty ImagesTrendlineEmbedded 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 -
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 James Pothen • Feb. 14, 2024 -
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 James Pothen • Feb. 13, 2024 -
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 Lynne Marek • Feb. 12, 2024 -
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 -
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 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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 -
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 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 -
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 -
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 -
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