Technology: Page 46


  • A photo of a person holding the fuelling nozzle of a gas pump.
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    Miguel Villagran via Getty Images
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    Smith Oil adds app to streamline customer fuel payments

    The app, expected to go live in early 2023, will use Liquid Barcodes’ C-StorePay technology as merchants seek relief from credit card swipe fees.

    By Jessica Loder • Dec. 12, 2022
  • Federal Reserve building at night
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    Alex Wong via Getty Images
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    Jack Henry CEO jabs at rivals

    The CEO of the payments and technology services company asserted that sales are strong and the pipeline for future business is steady, despite slowdowns at rivals.

    By Dec. 12, 2022
  • 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
  • Securities and Exchange Commission, SEC, Building in Washington DC
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    qingwa via Getty Images
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    SEC calls for disclosure on crypto risks

    The collapse of FTX has slammed scores of creditors, prompting SEC concerns that companies may suffer losses from direct or indirect links to crypto markets.

    By Jim Tyson • Dec. 12, 2022
  • Jared Isaacman standing in a corporate office.
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    Courtesy of Shift4
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    Shift4 CEO suggests company could go private

    The payments company, which went public in June 2020, isn’t ruling out a return to being private, its CEO said.

    By Caitlin Mullen • Dec. 12, 2022
  • Bitcoin sitting on dollar bills
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    Dan Kitwood via Getty Images
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    Q&A

    How payments will advance after the crypto crisis

    At Northern Trust, which one day expects to custody digital assets, a top executive offers views on payments and digital assets evolving beyond the crypto crisis.

    By Dec. 9, 2022
  • Person with finger on a phone perusing consumer goods
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    oatawa via Getty Images
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    Galileo launches BNPL for financial firms

    The fintech is managing the loans on behalf of financial institutions looking to offer installment payment plans to qualified borrowers.

    By Tatiana Walk-Morris • Dec. 9, 2022
  • Discover Financial CEO Roger Hochschild
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    Retrieved from Discover Spokesman Robert Weiss on December 14, 2021
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    Discover pulls back on debit product

    The card company has suspended applications for its checking and cashback debit product due to instances of fraud, its CEO said this week.

    By Caitlin Mullen • Dec. 8, 2022
  • Plaid cuts 260 employees

    The fintech’s 20% downsizing follows moves by neobank Chime to slash 12% of its workforce and Morgan Stanley's plan to cut its headcount by 1,600.

    By Dan Ennis • Dec. 7, 2022
  • Fiserv headquarters in Brookfield, Wisconsin
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    Google Maps

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    Fiserv stands by profit margin expansion target

    The tapering of First Data merger and integration costs may allow the payment technology company to expand its profit margin in the fourth quarter.

    By Caitlin Mullen • Dec. 7, 2022
  • Amazon's biometric Amazon One payment technology
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    Courtesy of Amazon
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    First US non-Amazon-owned grocer to use palm-scanning tech

    The retail giant is serving as a technology vendor to an independent grocer reopening soon in Kansas City, Missouri.

    By Catherine Douglas Moran • Dec. 6, 2022
  • Circle co-founder and CEO Jeremy Allaire, headshot
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    Permission granted by Circle
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    Circle’s $9B SPAC deal falls apart

    The stablecoin issuer and the blank-check company that had hoped to take it public terminated their agreement over the wait for SEC approval.

    By Dan Ennis • Dec. 6, 2022
  • Cryptocurrency tokens lying next to a gavel
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    Just_Super via Getty Images
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    FTX fallout spurs regulatory fears

    Payments industry professionals, including at the software security firm Fireblocks, worry that the crypto exchange’s downfall could trigger a regulatory backlash against digital assets.

    By Caitlin Mullen • Dec. 6, 2022
  • Cloud Network Solution digital background. Cyber Security and Cloud Technology Concept
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    da-kuk via Getty Images
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    TIB taps Jack Henry for tech refresh

    As it aims to compete with bigger financial institutions, the bank TIB picked Jack Henry to provide it with a technology infrastructure upgrade. 

    By Tatiana Walk-Morris • Dec. 6, 2022
  • Man stands in front of full vending machine
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    Permission granted by Jenifer Howard
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    Cantaloupe pays $41M to acquire Three Square Market

    With the purchase, the vending and software payments company expands its reach internationally, as well as into another segment of the market.

    By Dec. 5, 2022
  • The letters 'M' and 'A' printed on two wood building blocks that are sitting on a computer keyboard.
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    Maks_Lab via Getty Images
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    Shift4 buys European payments provider for $126M

    The purchase of Online Payments Group will bolster Shift4’s international expansion plans, the company's CEO said last week.

    By Caitlin Mullen • Dec. 5, 2022
  • An image from NFL Zone featuring Visa branding.
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    Courtesy of NFL
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    NFL expands Fortnite presence with Visa

    The NFL Zone will be a persistent presence featuring mini-games, virtual tailgating experiences and content from creators. 

    By Aaron Baar • Dec. 1, 2022
  • A person holds a mobile phone with a screen that has a vest on it.
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    Anchiy via Getty Images
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    Harvard researchers flag BNPL risks

    The working paper shines a spotlight on BNPL risks just as the payment method lures more consumers amid high inflation.

    By Caitlin Mullen • Dec. 1, 2022
  • Amazon Go
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    Retrieved from Amazon press page.
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    Amazon adds store with Just Walk Out tech

    The 5,000-square-foot location in Southern California marks the latest addition in a region where the e-commerce giant operates numerous brick-and-mortar retail stores.

    By Brett Dworski • Dec. 1, 2022
  • Woman paying at boutique.
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    bymuratdeniz via Getty Images
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    FIS, Fiserv could benefit from credit legislation

    Legislation aimed at creating competition for card giants Visa and Mastercard could be a boon for payments companies FIS and Fiserv.

    By Caitlin Mullen • Nov. 30, 2022
  • Person shops online with a Christmas tree in the background.
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    NoSystem images via Getty Images
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    ACI charts 15% rise in holiday e-commerce

    The payments software company said buy now-pay later made a big showing as e-commerce shot up for holiday shopping between Friday and Monday.

    By Nov. 30, 2022
  • Shoppers pass stores on Black Friday.
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    Jessica McGowan / Stringer via Getty Images
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    Afterpay BNPL transactions climb

    Afterpay transactions more than doubled last week relative to the first week of October, Block reported, as more consumers leaned on buy now-pay later financing.

    By Caitlin Mullen • Nov. 29, 2022
  • 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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    NJ official: No reason to doubt Fiserv job growth plan

    Fiserv “has given us no indication that (the company has) any change of plans in New Jersey,” said Tim Sullivan, CEO of the state’s Economic Development Authority.

    By Caitlin Mullen • Nov. 28, 2022
  • View of PayPal logo outside of company headquarters
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    Justin Sullivan via Getty Images
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    PayPal counts on its digital app for gains

    The digital payments pioneer is scouting for new ways to increase customer use of its digital wallet, including plans to add a new Venmo teen account.

    By Nov. 28, 2022
  • A handful of people using the escalator at an indoor mall
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    Kena Betancur / Stringer via Getty Images
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    Winners, losers on Black Friday

    With inflation looming, consumers yearned for deals and sought financing options, such as buy now-pay later installment payments.

    By Dani James • Nov. 28, 2022
  • A person's hand holding a phone and on the screen is an image of a shopping cart with a banner above that says "BUY NOW PAY LATER!A
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    Creative via Getty Images
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    BNPL connected to overdraft charges, card fees: study

    Heavy users of buy now-pay later ― which researchers said inspires consumers to spend beyond their means — showed larger declines in financial health, a recent academic study determined.

    By Caitlin Mullen • Nov. 22, 2022