Technology: Page 38
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Visa picks fintech startups for accelerator
A debt repayment app startup and a small business lender are among the U.S. startups selected by the card network and its partner this year.
By Tatiana Walk-Morris • Jan. 17, 2024 -
Amazon, Andreessen Horowitz seek exemptions on proposed CFPB rule
The e-commerce giant and investment firm asked for carve-outs for Amazon Pay and non-fungible tokens, respectively.
By James Pothen • Jan. 17, 2024 -
Explore the Trendline➔
Getty Images
TrendlineDigital wallets proliferate as features advance
As more companies aim to offer digital wallets the rise in competition is sharpening their features.
By Payments Dive staff -
Retrieved from X on January 11, 2024
OpinionX gains money transmitter approval in Utah
X has been collecting money transmitter approvals in recent months to launch peer-to-peer payments in the app.
By Andrew Hutchinson • Jan. 17, 2024 -
Amex to sell fraud prevention firm Accertify
The card issuer is selling the business, which offers online fraud monitoring services to merchants, to the tech investment firm Accel-KKR.
By Caitlin Mullen • Jan. 16, 2024 -
Apple, Google face legal challenges to their payments businesses
Both tech giants will spend this year fighting off rivals hungry for a piece of their payments revenue.
By James Pothen • Jan. 16, 2024 -
Fiserv seeks special purpose bank charter
The designation would allow the payment processor to own transactions from end-to-end, removing the need for a bank partner.
By Caitlin Mullen • Jan. 12, 2024 -
Payments M&A in 2023 amounts to a whimper
October’s uptick in activity didn’t continue through the remainder of the year, capping a quiet year for merger and acquisition activity in payments.
By Caitlin Mullen • Jan. 12, 2024 -
Column
States race ahead of US lawmakers in payments
State lawmakers and regulators are out-running their national peers in giving direction to the fast-evolving payments industry.
By Lynne Marek • Jan. 12, 2024 -
Stablecoin issuer Circle files for IPO
Circle, which issues the USDC stablecoin, has filed confidential paperwork with the Securities and Exchange Commission — one day after the SEC's approval of 11 spot bitcoin exchange-traded funds.
By Gabrielle Saulsbery • Jan. 12, 2024 -
Amazon brings cashierless tech to hospitals
After opening automated stores on college campuses and in sports stadiums, the tech giant is moving into healthcare facilities.
By James Pothen • Jan. 11, 2024 -
Will Toast raise prices this year?
The restaurant point-of-sale provider may give clients a choice when it makes price adjustments, following a fee flub last year.
By Caitlin Mullen • Jan. 11, 2024 -
Convenience retailer Maverik taps Relay’s fuel payment tech
The Salt Lake City-based convenience store retailer joins Yesway and Pilot in implementing Relay’s contactless purchasing platform.
By Brett Dworski • Jan. 11, 2024 -
X plans payments launch for this year
“I would be surprised if it takes longer than the middle of [2024] to roll out payments,” X owner Elon Musk said during a conversation last month with Ark Invest CEO Cathie Wood.
By James Pothen • Jan. 10, 2024 -
Visa debuts Web3 loyalty program
As the card network behemoth ventures into the Web3 experience, some firms are scaling back there.
By Tatiana Walk-Morris • Jan. 10, 2024 -
California’s DFPI fines Credova $50K
The buy now, pay later provider catering to gun sellers didn’t inform consumers of potential convenience fees, the state agency said.
By Caitlin Mullen • Jan. 10, 2024 -
Remitly taps ads to woo new clients
The cross-border payments company has boosted marketing to build up its remittance clientele.
By Lynne Marek • Jan. 10, 2024 -
6 payments trends to watch in 2024
Swipe fee battles, real-time payments, fraud prevention and acquisition plans will be among the hot topics pulsing through the industry this year.
By Lynne Marek , Caitlin Mullen , James Pothen • Jan. 9, 2024 -
Congress members seek clarity on CFPB bid to oversee digital wallets
In two separate letters, both Republican and Democratic lawmakers asked the Consumer Financial Protection Bureau to provide more information on a proposed rule.
By James Pothen • Jan. 9, 2024 -
Q&A
Regulator’s BNPL guidance may go beyond banks
The Office of the Comptroller of the Currency directed its advice at national banks, but a Venable attorney expects others to use it to inform their approaches.
By Caitlin Mullen • Jan. 9, 2024 -
Q&A
Tyler Technologies eyes growth in digital disbursements
The company, which provides payment and software services to the public sector, is seeing increased client interest in digital disbursements such as prepaid debit cards, said Sloane Wright, Tyler’s senior VP of payments.
By Caitlin Mullen • Jan. 8, 2024 -
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Jan. 8, 2024 -
FlexWage wins EWA carve-out in Connecticut
The earned wage access company said the Connecticut Department of Banking determined it doesn’t need a state lending license.
By Lynne Marek • Jan. 5, 2024 -
Florida weighs cashless ban
Lawmakers in the state are considering legislation that would require merchants to accept cash payments.
By Caitlin Mullen • Jan. 5, 2024 -
Bank groups voice concerns with CFPB’s open banking proposal
The Bank Policy Institute and The Clearing House want the Consumer Financial Protection Bureau to take a tougher stance on screen scraping, and allow banks to charge fees to cover the cost of enabling data sharing.
By Anna Hrushka • Jan. 5, 2024 -
Holiday shoppers spent $16.6B online using BNPL: report
BNPL usage hit an all-time high during the season, with Cyber Monday as the largest day on record for the payment method, according to Adobe.
By Tatiana Walk-Morris • Jan. 4, 2024