Technology: Page 45
-
Amazon expands ‘Buy with Prime’ to all US merchants
With help from Saas platform BigCommerce, the e-commerce giant is even looping sellers outside its own marketplace into its ecosystem.
By Daphne Howland • Jan. 11, 2023 -
PayPal loses another finance executive
The digital payments giant disclosed late Monday that its chief accounting officer has resigned to take a job with another company.
By Lynne Marek • Jan. 10, 2023 -
Explore the Trendline➔
ArtemisDiana via Getty ImagesTrendlineCross-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 -
Deep Dive // 2023 Payments Outlook
6 payments trends to watch in 2023
FedNow, embedded payments, deal-making, cybersecurity and more mature BNPL will be dominant themes, among others, in the industry this year.
By Lynne Marek , Caitlin Mullen • Jan. 10, 2023 -
Nuvei to acquire Paya for $1.3B
Nuvei’s acquisition of the Atlanta company will strengthen its position in global e-commerce, integrated payments and B2B, CEO Philip Fayer said.
By Caitlin Mullen • Jan. 9, 2023 -
Cargo payment firms duel in court
CargoSprint and PayCargo have battled for years over antitrust violations, intellectual property and trademark infringement, among other nettlesome issues.
By Robert Freedman • Jan. 9, 2023 -
Will PayPal get a new CEO?
CEO Dan Schulman faces speculation about his exit. “We think he could move on from PayPal, legacy intact,” one analyst team wrote.
By Lynne Marek • Jan. 9, 2023 -
Extend targets hiring, expansion
The virtual corporate card and expense management services company plans to increase its workforce by 20% as it expands in the U.S. and abroad.
By Lynne Marek , Caitlin Mullen • Jan. 8, 2023 -
Opinion
Can anything challenge ACH?
The ACH system has proven to be scalable, secure, ubiquitous and reliable, but complaints about processing times persist, writes Sila CEO Shamir Karkal.
By Shamir Karkal • Jan. 6, 2023 -
Card industry’s fraud-fighting efforts pay off: Nilson Report
Industry efforts to fight card fraud are making an impact, with transactional losses per $100 trending downward, according to the Nilson Report.
By Caitlin Mullen • Jan. 5, 2023 -
Coinbase to pay $100M in settlement
The system that flags suspicious activity saw a backlog of more than 100,000 alerts in late 2021, New York's Department of Financial Services found.
By Gabrielle Saulsbery • Jan. 5, 2023 -
2023 Payments Outlook
Payments deals may climb in 2023
While the number of deals in the payments industry declined 14% last year, and even more by value, there are reasons to believe 2023 will be more active.
By Lynne Marek • Jan. 4, 2023 -
Fiserv CEO lands pay raise in new contract
The payments company renewed Frank Bisignano’s contract for another five years and gave him a 6% base salary increase.
By Caitlin Mullen • Jan. 3, 2023 -
Deep Dive
Investors press FIS, Fiserv for divestitures
The big processors mushroomed in 2019 acquisitions, with promises that scale would pay off, but shareholders now urge them to consider divestitures.
By Lynne Marek , Caitlin Mullen • Dec. 22, 2022 -
Payments funding plummets in 2022
This year’s venture capital funding activity in payments paled in comparison to 2021’s record-setting year.
By Caitlin Mullen • Dec. 22, 2022 -
Job cuts piled up in payments this year
Payments companies chopped jobs as they confronted challenges posed by inflation and stagnating e-commerce growth.
By Caitlin Mullen • Dec. 21, 2022 -
Billtrust appoints new CEO
The payments processing software company tapped Sunil Rajasekar for the top post as it moves forward under new ownership.
By Tatiana Walk-Morris • Dec. 20, 2022 -
Fiserv hired ‘thousands’ of workers this year, CEO says
Even as the payments and fintech company cut employees this year, it hired “thousands” of workers, Fiserv CEO Frank Bisignano said in an interview.
By Caitlin Mullen • Dec. 19, 2022 -
Photo by Pavel Danilyuk on Pexels
Wise, VizyPay target US hiring
Some payments companies have plans for extensive hiring next year, despite the economic headwinds that led other players to contract this year.
By Lynne Marek • Dec. 19, 2022 -
FIS to review business under shareholder pressure
The payments processor is undertaking a comprehensive review of operations after two investors pressed the company to increase shareholder value.
By Lynne Marek • Dec. 16, 2022 -
Convenience store chain adds ACH option for fuel payments
The upgrade adds the ability to pay for fuel at the pump, and using ACH allows the convenience store chain to save on swipe fees.
By Jessica Loder • Dec. 16, 2022 -
Is self-checkout worth the investment?
While autonomous checkout can speed up shopping trips and let employees take on new tasks, it doesn’t come without its frustrations, experts say.
By Brett Dworski • Dec. 15, 2022 -
Fiserv’s Milwaukee HQ plans advance
Milwaukee's city council unanimously approved creating a tax increment financing district to provide a grant for the company's new downtown headquarters.
By Caitlin Mullen • Dec. 15, 2022 -
Visa pledges $1B investment in Africa
The largest U.S. credit card network plans to make the investment over the next five years in a "commitment to Africa’s growth potential.”
By Lynne Marek • Dec. 14, 2022 -
Opinion
Why real-time payments make sense today
The impact real-time payments could have on customers and providers alike should not be ignored — especially in the face of an impending recession, writes a fintech co-founder.
By Justin Adler • Dec. 14, 2022 -
Q&A
Brex maintains hiring for key roles, some replacements
The fintech doesn't anticipate workforce reductions in 2023, but the broader industry isn’t done with job cuts, predicts Chief People Officer Angela Crossman.
By Caitlin Mullen • Dec. 13, 2022