Stripe switches up board members: report

The digital payments company replaced one director and added another, increasing the representation from Sequoia Capital entities, a trade publication reported.

By James Pothen • Dec. 7, 2023

Fiserv resurrects growth officer role for M&A focus

The payments processor has hired an enterprise growth officer who will zero in on M&A, strategy and ventures for the company.

By Caitlin Mullen • Dec. 7, 2023

Explore the Trendline➔

Cross-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

PayPal taps Fiserv exec for top post

PayPal’s new CEO is making executive suite changes, creating a president of global markets post and tapping a payments industry veteran for the role.

By Lynne Marek • Dec. 6, 2023

PayPal venture arm backs Israeli data privacy startup

The funding boost comes as data privacy management startup Mine seeks to increase its hiring in the U.S.

By Alexei Alexis • Dec. 5, 2023

Tipalti investigating ransomware attack

The AlphV ransomware group claimed responsibility for the attack on Saturday and threatened to extort the business payments company's customers with allegedly stolen data.

By Matt Kapko • Dec. 5, 2023

BNPL growth decelerates: Bank of America

The growth rate in the number of shoppers downloading buy now, pay later apps shrunk for this year's Thanksgiving shopping weekend compared to 2022.

By Tatiana Walk-Morris • Dec. 5, 2023

Bill to cut 15% of workforce

The business payments software provider also said it’s closing its office in Sydney, Australia, as part of a broader restructuring.

By Caitlin Mullen • Dec. 5, 2023

Breaking down payments challenges: Fintechs vs traditional finance

Leaders are confronting growing challenges across their payment operations.

Dec. 4, 2023

Convenience retailer Yesway adopts Relay’s fuel payment software

Relay’s cardless purchasing capability allows more fleets and drivers to avoid fraud caused by card skimming, the logistics payment company said.

By Brett Dworski • Dec. 1, 2023

FIS eyes small acquisitions

Fidelity National Information Services is on the hunt for smaller acquisitions in one of its divisions, and it’s benefitting from other companies’ deals in another.

By Lynne Marek • Dec. 1, 2023

Who wants Apple’s credit card? Analysts weigh in.

Synchrony, American Express and Capital One have all been floated by analysts as potential successors to Goldman Sachs for Apple’s credit card.

By James Pothen • Dec. 1, 2023

Amazon rolls out palm-based identity service for businesses

The AI-powered biometric identification technology, already used as a payment tool at some merchants, intends to improve the accuracy and ease of use of physical and digital access controls, Amazon Web Services said.

By Joe Burns • Nov. 30, 2023

Wise targets US banks for int’l gains

The cross-border payments company aims to undercut U.S. banks with lower fees and faster transfers.

By Lynne Marek • Nov. 30, 2023

X picks up two more state money licenses

South Dakota and Kansas are the first states to grant X money transmitter licenses since September, inching the social media platform closer to adding a payments feature. 

By James Pothen • Nov. 30, 2023

Chase credit card snafu trips up Black Friday shoppers

The biggest bank in the U.S. erroneously declined some credit card users’ purchases on Black Friday, the busiest shopping day of the year.

By Lynne Marek • Nov. 28, 2023

Why quick service restaurants are doubling down on kiosks

Burger King, Taco Bell and Shake Shack are among the chains adding this technology to boost tabs and reduce labor pressure.

By Julie Littman • Nov. 27, 2023

How convenience industry leaders see the future of the store experience

Staffed checkout registers are losing importance, and industry executives are eyeing mobile-based, scan-and-go technology, according to a recent survey.

By Jessica Loder • Nov. 27, 2023

NCR Voyix sells payments assets for $82M

The divestiture mainly consisted of merchant contracts, Voyix’s front-end authorization platform “and certain relevant intellectual property,” the company said in its quarterly filing.

By Caitlin Mullen • Nov. 27, 2023

Plaid poaches Adyen executive for European expansion

Brian Dammeir sees opportunities for Plaid’s payments business to grow in Europe, particularly in account-to-account payments, he said in a Wednesday interview.

By James Pothen • Nov. 22, 2023

Bill beats back Melio speculation

Payments software company Bill isn’t in the market for “transformational” M&A and is more likely to pursue “tuck-in technology” type purchases, President John Rettig said on Friday.

By Caitlin Mullen • Nov. 22, 2023

Digital payments have increased restaurant tips. But is it backfiring?

Some diners feel pressured by tipping digitally in front of employees, which can hurt restaurant traffic, but experts say there are best practices that can ease customer trepidation.  

By Danielle McLean • Nov. 22, 2023

Antitrust pressure may squeeze Google, Apple in-app fees

“Apple and Google Play app store fees will be significantly lower in the medium future,” Drake Star Partner Michael Metzger predicted.

By James Pothen • Nov. 21, 2023

Wise CFO credits customer growth for profit jump

The fintech’s nearly fourfold jump in profits comes as its chief financial officer is preparing to depart after an eight-year tenure.  

By Grace Noto • Nov. 20, 2023

Stripe, Alaska Airlines to offer in-flight contactless payments

Payments company Stripe said it’s the first time that an airline will use Apple’s contactless payments feature across an entire fleet.

By James Pothen • Nov. 20, 2023

Fiserv doubles down on Clover growth

CEO Frank Bisignano is betting on accelerated growth of Clover’s small business point-of-sale services, even as he admitted to being “paranoid” in the highly competitive market.

By Caitlin Mullen • Nov. 17, 2023