Technology: Page 45


  • An Amazon Prime delivery truck sits at a facility.
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    Courtesy of Amazon
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    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
  • View of PayPal logo outside of company headquarters
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    Justin Sullivan via Getty Images
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    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 Jan. 10, 2023
  • Graphic of digital money transfer symbols overlaid on a map of the world Explore the Trendline
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    ArtemisDiana via Getty Images
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    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
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    shih-wei via Getty Images
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    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 , Caitlin Mullen • Jan. 10, 2023
  • The concept of the word M&A on cubes on a beautiful green background. Business concept
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    Zhanna Hapanovich via Getty Images
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    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
  • CargoSprint
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    Dushlik via Getty Images
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    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
  • PayPal CEO Dan Schulman sitting and gesturing with his hand.
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    Eugene Gologursky via Getty Images
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    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 Jan. 9, 2023
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    NatalyaBurova via Getty Images
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    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 , Caitlin Mullen • Jan. 8, 2023
  • Phone in hand with 'pay' button showing
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    Tero Vesalainen via Getty Images
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    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
  • Two hands holding credit cards.
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    Joe Raedle via Getty Images
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    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
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    Courtesy of Coinbase
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    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
  • Office workstation top view of business people working around M&A, keyboard, calculator, phablet and money on wooden table
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    Atstock Productions via Getty Images
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    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 Jan. 4, 2023
  • Frank Bisignano, Fiserv CEO
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    Eugene Gologursky / Stringer via Getty Images
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    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
  • Officials and employees celebrate the grand opening of Fiserv's Berkeley Heights, New Jersey office on Nov. 15.
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    Permission granted by Fiserv
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    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 , Caitlin Mullen • Dec. 22, 2022
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    Mark Wilson via Getty Images
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    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
  • A person whose job has been cut collects their belongings
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    pcess609 via Getty Images
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    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
  • Businesswoman checks online invoice
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    AndreyPopov via Getty Images
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    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 headquarters in Brookfield, Wisconsin
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    Google Maps

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    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
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    Photo by Pavel Danilyuk on Pexels

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    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 Dec. 19, 2022
  • Grocery worker at checkout
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    David McNew via Getty Images
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    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 Dec. 16, 2022
  • A photo of a Sunshine Gasoline station.
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    Permission granted by Liquid Barcodes
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    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
  • Circle K
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    Permission granted by Brett Dworski, C-Store Dive
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    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
  • Frank Bisignano, Fiserv CEO
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    Eugene Gologursky / Stringer via Getty Images
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    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
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    Donwilson Odhiambo via Getty Images
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    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 Dec. 14, 2022
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    Viorika via Getty Images
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    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
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    pcess609 via Getty Images
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    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