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Amazon now accepts EBT card payments
The e-commerce giant began letting needy families shop on its website with their federal benefits cards earlier this month.
By Patrick Cooley • Nov. 21, 2024 -
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Deep DivePayPal CEO pushes beyond payments
After a year as CEO of the digital payments pioneer, Alex Chriss is spearheading an expanded role in commerce for the company.
By Lynne Marek • Nov. 20, 2024 -
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TrendlineStablecoins enter the payments universe
Stablecoins are gaining ground thanks to passage of the Genius Act, forcing companies to consider competitive strategies in the digital realm.
By Payments Dive staff -
Caitlin Mullen/Payments Dive, data courtesy of Industry Dive employee Caitlin Mullen
Google Pay adds Afterpay BNPL services
Users of the Google Pay digital wallet now have access to Afterpay’s BNPL services, and the tech titan is expected to add rival services from Klarna next year as well.
By Patrick Cooley • Nov. 19, 2024 -
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Scams ensnare even sophisticated consumers, Fed says
Criminals leverage advanced technology to make so-called mule accounts that pass as humans and persuade consumers to send money to scammers, a Kansas City Fed paper says.
By Patrick Cooley • Nov. 18, 2024 -
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Sponsored by Wind River PaymentsThe real question behind embedded vs. integrated payments: Creating seamless transactions
Interested in learning more about embedded payments and how you can leverage them for your business?
Nov. 18, 2024 -
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OpinionPayments players should embrace digital currencies
“Emerging currencies, digital assets, and even next-generation fiat options could be integrated thoughtfully, allowing companies to access new markets,” writes one industry chief revenue officer.
By Ryan Miller • Nov. 15, 2024 -
Courtesy of Uber
Mastercard aims to cancel manual card entry by 2030
The card network has documented a spike in online fraud, and contends that numberless cards will reduce such wrongdoing.
By Tatiana Walk-Morris • Nov. 15, 2024 -
Courtesy of Shift4. Shift4 CEO Jared Isaacman
Shift4 CEO bets on crypto and Trump
The payment processor’s CEO, Jared Isaacman, plans to plunge ahead with a recent crypto initiative, wagering that President-elect Trump will give a boost to the effort.
By Patrick Cooley • Nov. 14, 2024 -
Lynne Marek/Payments Dive
Private sector merits ‘significant’ payments footprint, Waller says
The Federal Reserve must consider when to make up for private sector shortcomings in payments, while keeping its role limited, board member Christopher Waller said Tuesday.
By Tatiana Walk-Morris • Nov. 13, 2024 -
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Klarna files for IPO
The buy now, pay later company announced Tuesday it had filed confidentially with the Securities and Exchange Commission for an initial public offering.
By Patrick Cooley • Nov. 13, 2024 -
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Young people fall prey to payments fraudsters
Debit and credit card users under 40 years old are more likely than older peers to experience fraud in making payments, a recent J.D. Power survey found.
By Patrick Cooley • Nov. 12, 2024 -
Courtesy of Shift4
Will Shift4 scoop up Lightspeed?
The acquisitive payments company could be a good fit with the Canadian point-of-sale technology provider, analysts said Monday.
By Lynne Marek • Nov. 11, 2024 -
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Q&AOpen banking to move toward FDX standard
Industry collaboration on open banking is likely to move forward, with or without the CFPB’s recent final 1033 rule, one Jack Henry executive said.
By Lynne Marek • Nov. 11, 2024 -
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Afterpay to arrive on 24M Cash App cards
The digital payment company’s leader, Jack Dorsey, aims to create lending services that will appeal to millions of U.S. adults who haven’t had access to other forms of credit.
By Patrick Cooley • Nov. 8, 2024 -
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How Trump’s administration may rework payments policies
The president-elect and his new administration will have the opportunity to revamp federal government approaches for everything from earned wage access to digital currencies to open banking.
By Lynne Marek and Patrick Cooley • Nov. 7, 2024 -
Photo illustration: Shaun Lucas/Industry Dive; Getty Images; Paze
Paze gets new leader amid slow start
Early Warning Services, the bank-owned company that operates Paze, tapped a new leader last month for the digital wallet operation after slow progress in launching the new service.
By Patrick Cooley • Nov. 7, 2024 -
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Q&AFiserv exec opens up on Walmart, DoorDash partnerships
Sunil Sachdev, Fiserv’s head of embedded finance, shed light on his company’s latest high-profile collaborations.
By Patrick Cooley • Nov. 6, 2024 -
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Sheetz accepting crypto at all locations
After a limited trial run, customers can now use several popular digital currencies to buy items at all of the East Coast retailer’s 750-plus locations.
By Jessica Loder • Nov. 5, 2024 -
Lynne Marek/Payments Dive
Fed aims to make instant payments the norm
“It's going to be up to us to move instant payments from being novel to being normal,” Federal Reserve Financial Services’ chief payments executive told attendees at a major industry conference.
By Lynne Marek and Patrick Cooley • Nov. 5, 2024 -
Courtesy of Mastercard
Mastercard gains edge in ancillary services
The card network is besting its larger rival Visa in the sale of cybersecurity and data services, at least according to one set of analysts who reviewed their recent results.
By Lynne Marek • Nov. 5, 2024 -
Justin Sullivan via Getty Images
Stablecoins face obstacles to widespread adoption
The digital currencies could simplify cross-border payments, but consumers are wary of using them, payments and fintech executives say.
By Patrick Cooley • Nov. 4, 2024 -
Courtesy of Paytronix
Paytronix acquired by Access Group
The deal will expand the offerings available through Paytronix’s platform and help accelerate its growth, executives said.
By Jessica Loder • Nov. 4, 2024 -
Joe Raedle via Getty Images
5 payments predictions from research firm Forrester
Cash use worldwide will drop significantly next year, despite its U.S. persistence, the research firm Forrester predicts. Meanwhile, business-to-business acquisitions in the payments realm will pick up.
By Tatiana Walk-Morris and Lynne Marek • Nov. 1, 2024 -
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AI increases fraud risk, fintechs say
Financial firms monitor for fraud by looking for unusual activity, but an artificial intelligence model can be trained to transact like a real person.
By Patrick Cooley • Oct. 31, 2024 -
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Global Payments sells AdvancedMD for $1.1B
The payments processor divested the unit as part of a plan to streamline the company’s business, and it’s targeting more sales, CEO Cameron Bready said.
By Lynne Marek • Oct. 30, 2024
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