Shift4 shrinks workforce

The payments company cut 150 employees in the second quarter, executives said Thursday during an earnings conference call.

By Caitlin Mullen • Aug. 3, 2023

Apple spotlights global ambitions with ‘Pay the Apple Way’ ad campaign

The marketing push follows the addition of consumer-focused features by the tech giant this year, including a buy now, pay later payments tool.

By Jessica Deyo • Aug. 3, 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

Stripe brings tax product to platforms, taps AI

The tool can help CFOs wade through a complicated tax compliance environment, easing the path to international growth, Stripe said.  

By Grace Noto • Aug. 3, 2023

Stax names new CEO

New CEO Paulette Rowe was previously at cross-border digital payments company Paysafe. Stax’s sister-brother co-founders exited quietly earlier this year.

By Caitlin Mullen • Aug. 3, 2023

PayPal closes in on new CEO

Digital payments titan PayPal is nearing a decision on who will be its next CEO, with the company circling a short list of candidates.

By Lynne Marek • Aug. 3, 2023

GameStop ditches its crypto wallets due to ‘regulatory uncertainty’

The retailer, which is pulling support on Nov. 1, had sought to tap into gaming culture to make crypto a larger part of the company’s future. 

By Nate Delesline III • Aug. 2, 2023

Global Payments adds hybrid payment service for ISVs

The payments processor launched a service during the second quarter aimed at affording ISVs the benefits of being a payment facilitator without the drawbacks associated with such a designation.

By Caitlin Mullen • Aug. 2, 2023

Convenience chain Refuel expands self-checkout deployment

After testing Mashgin’s technology late last year, the retailer will roll out the platform to 10 locations across its footprint.

By Brett Dworski • Aug. 2, 2023

Shopify taps Ramp to save on corporate expenses

E-commerce company Shopify is adopting more artificial intelligence by automating its corporate expenses through Ramp.

By James Pothen • Aug. 1, 2023

ACI eyes FedNow for cross-border uses

In the future, FedNow will be part of the race to develop cross-border instant payment systems and use cases, said ACI Worldwide CEO Tom Warsop.

By Lynne Marek • Aug. 1, 2023

How Trintech arranged an acquisition from Fiserv

“The M&A market has had a lull, but for us this is the right time and we were able to find the right asset,” Trintech CFO Omar Choucair told CFO Dive. 

By Maura Webber Sadovi • July 31, 2023

RTP takes on FedNow

As the only two real-time payments rails in the U.S., the rivalry between RTP and FedNow could get intense, but maybe not.

By Lynne Marek • July 31, 2023

Fiserv racks up merchants for pay-by-bank services

The Federal Reserve’s new instant payments system is driving more merchant interest in pay-by-bank capabilities for consumers, a Fiserv executive said.

By Caitlin Mullen • July 31, 2023

Fiserv, Amazon link rewards programs

The new offering is available to card holders through 200 financial institutions, with an expansion of the partnership expected by the end of the year.

By James Pothen • July 28, 2023

It’s time for a new payday approach

“It's time to question whether this traditional approach to paying employees is still the most efficient and equitable,” writes one earned wage access CEO.

By Kevin Coop • July 28, 2023

Wex acquires Ascensus unit for $180M

In addition to the Ascensus health and benefits unit purchase, Wex said it will invest up to $100 million in a new venture arm.

By Lynne Marek • July 28, 2023

Upgrade buys BNPL firm Uplift for $100M

The deal, Upgrade’s first acquisition, more than doubles the neobank’s customer base by adding 3.3 million users to its existing 2.5 million, CEO Renaud Laplanche said.

By Anna Hrushka • July 27, 2023

Mastercard waits on FedNow

While Mastercard participates in real-time payment systems in other countries, it’s holding back for now on the new U.S. instant payments network.

By Lynne Marek • July 27, 2023

PayPal deepens Microsoft partnership

In an expansion of a prior tie, software colossus Microsoft will increase the ways customers can use PayPal tools to purchase goods and services.

By Lynne Marek • July 26, 2023

Mastercard launches B2B virtual card tool

Mastercard teamed with Billtrust to begin offering the new tool, which will automate the process of sending and accepting virtual cards for business-to-business payments.

By Tatiana Walk-Morris • July 26, 2023

Apple Pay Later makes gains: survey

Apple Pay Later is gaining traction with consumers after a rollout earlier this year, according to a survey from JD Power.

By James Pothen • July 25, 2023

How FedNow may affect businesses

The launch of the instant payments system FedNow last week has the potential to change how businesses manage cash flow and corporate processes. Here are six ways that could play out.

By Suman Bhattacharyya • July 25, 2023

Payments venture funding skids

Venture capital interest in payments startups plunged in the second quarter, according to a CB Insights report.

By Lynne Marek • July 24, 2023

Will payments M&A pick up after slow start?

Despite a flurry of payments acquisitions recently, deal activity was slow in the first half of the year and some factors are still suppressing M&A.

By Caitlin Mullen • July 24, 2023

Square’s new GM for restaurants targets bigger operators

Ming-Tai Huh shares how his position as a restaurant operator and a tech executive has given him a singular view of the restaurant industry’s challenges.

By Aneurin Canham-Clyne • July 21, 2023