Paymentus hands interim CFO severance benefits

The company called the severance benefits’ approval a formality. But one expert said it is likely a retention strategy designed to encourage the interim CFO to “stick around.” 

By Maura Webber Sadovi • Feb. 16, 2023

Toast acquires drive-thru tech company

Adding Delphi Display Systems’ technology helps Toast more broadly serve its quick-service restaurant customers, the company’s executives said.

By Caitlin Mullen • Feb. 16, 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

Branch draws Uber, others into fold

After landing Uber as a client, the worker payment services company has recently attracted other logistics and delivery clients with help from that big name.

By Caitlin Mullen • Feb. 16, 2023

Payments firms gear up for new ISO standard

The Clearing House and other payments players, including Swift, are readying for the March rollout of a international payments standard.

By Lynne Marek • Feb. 15, 2023

Coen stores add Grabango checkout technology

As the frictionless locations go into service, Grabango’s CEO Will Glaser sees the technology gaining traction in coming years.

By Jessica Loder • Feb. 15, 2023

SpotOn aims to unseat restaurant rivals

The restaurant payments and software company is battling Toast and Square and taking on legacy payments companies such as NCR and Oracle.

By Caitlin Mullen • Feb. 14, 2023

P97, Visa partner on payment security

The agreement aims to reduce friction for connected-car payments and enhance mobile payment acceptance at 60,000 convenience stores.

By Jessica Loder • Feb. 13, 2023

Global Payments sells gaming unit for $415M

Like the company’s $1 billion sale of its Netspend consumer unit, the divestiture reflects efforts to refine its portfolio, said Global Payments CEO Jeff Sloan.

By Caitlin Mullen • Feb. 10, 2023

Fiserv’s new HQ approved for state tax credits

The company is set to receive up to $7 million from the Wisconsin Economic Development Corporation for its new Milwaukee headquarters.

By Caitlin Mullen • Feb. 10, 2023

PayPal CEO will retire at the end of 2023

Dan Schulman said he plans to exit then, but will be flexible in the timing. He called 2023 a potentially “transformational year” for the digital payments company.

By Lynne Marek • Feb. 9, 2023

Ingenico aims to make acquirers more competitive

Ingenico is adding an in-store payments software service, and hinted that a large U.S.-based merchant acquirer will start using it soon.

By Caitlin Mullen • Feb. 9, 2023

Affirm cuts 500 employees

The buy now, pay later provider is eliminating jobs after its loss for the fourth quarter of last year ballooned over the same period in 2021.

By Lynne Marek • Feb. 9, 2023

Jack Henry touts FedNow launch

In July, the company expects to become the first payments processor to launch the Federal Reserve’s new real-time service.

By Caitlin Mullen • Feb. 8, 2023

Instacart debuts Scan & Pay with NYC grocer

This marks the retail debut of the Instacart technology, which is part of the company’s suite of in-store solutions for retailers.

By Catherine Douglas Moran • Feb. 7, 2023

Google, Amex roll out anti-fraud tool

Amex is the latest card company to tap a Google virtual card service aimed at increasing the security of online payments.

By Lynne Marek • Feb. 7, 2023

Fiserv discloses acquisitions

Even as the payments and fintech giant cut employees and sold off business units, the company spent $1 billion on acquisitions last year.

By Caitlin Mullen • Feb. 7, 2023

Eliminating costly false declines online

“False declines are especially problematic in an environment where demanding customers with high expectations are not afraid to take their business elsewhere,” writes an Experian executive.

By Chris Ryan • Feb. 6, 2023

Lightspeed bets on bigger customers

In pursuing profitable growth, point-of-sale software and payments provider Lightspeed Commerce is zeroing in on larger merchants as clients.

By Caitlin Mullen • Feb. 6, 2023

Stripe CFO exiting to handle ‘family matters’

Dhivya Suryadevara will leave the digital payments startup in April, as Stripe executives weigh taking the company public.

By Elizabeth Flood • Feb. 6, 2023

Merchants frustrated with fees, tech issues

Inflation-weary business owners are less satisfied with their merchant service providers this year, a J.D. Power survey showed.

By Caitlin Mullen • Feb. 3, 2023

Standard AI to acquire Skip Checkout

The deal would create the first company to combine self-checkout and AI-powered autonomous checkout for retailers, according to the announcement.

By Brett Dworski • Feb. 2, 2023

Checkout.com changes up leadership

The company promoted Céline Dufétel to president and elevated Nirupam Sinha to CFO as it pursues U.S. expansion and battles Stripe.

By Elizabeth Flood • Feb. 2, 2023

FIS sheds 2,600 employees: report

Amid a strategic review of operations, the payments processor and fintech giant has dismissed 2,600 workers, Bloomberg reported.

By Caitlin Mullen • Feb. 2, 2023

Is Affirm out as Amazon’s sole BNPL provider?

An exclusivity provision between the two companies has lapsed as the buy now, pay later arena becomes more competitive.

By Caitlin Mullen • Feb. 2, 2023

Euronet’s Dandelion takes on cross-border rivals

The international network that grew out of Ria parent Euronet is extending its cross-border money movement pitch to banks and businesses.

By Lynne Marek • Feb. 2, 2023