Technology: Page 46
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Zip pauses acquisitions
The Australia-based buy now, pay later provider’s acquisitive days “are behind us, for now,” said CEO Larry Diamond.
By Caitlin Mullen • Feb. 1, 2023 -
PayPal to cut 7% of its workforce
The digital payments pioneer said it’s cutting 2,000 employees as the company seeks to adapt to a new, more competitive environment.
By Lynne Marek • Jan. 31, 2023 -
Explore the Trendlineâž”
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 -
Jack Henry earnings grab spotlight
Customer appetite for Jack Henry's services is likely to attract analysts' attention in the upcoming earnings report.
By Caitlin Mullen • Jan. 31, 2023 -
Marqeta’s new CEO targets embedded finance
Simon Khalaf, who takes the top job Tuesday, is counting on new embedded offerings to help expand the company’s services for corporate clients.
By Lynne Marek • Jan. 31, 2023 -
Marqeta to buy Power Finance
The virtual card company said it would pay $275 million to buy the New York fintech that allows companies to manage their credit card programs.
By Lynne Marek • Jan. 30, 2023 -
Deep Dive
Crypto may yet upend payments
Nearly 2,000 crypto workers have been laid off in 2023, but the value of Bitcoin climbed enough in January for Goldman Sachs to take note.
By Gabrielle Saulsbery • Jan. 30, 2023 -
FIS sees another director resign
A second director resigned this month from the mega payment processor’s board as it undertakes a comprehensive review of its operations.
By Lynne Marek • Jan. 26, 2023 -
Warren calls for more regulation of crypto
The Democratic senator called SEC Chair Gary Gensler “the right leader to get the job done,” but said regulators need to do more to bolster their scrutiny of the industry.
By Anna Hrushka • Jan. 26, 2023 -
Visa stands by crypto
At the card giant’s annual meeting Tuesday, CEO Al Kelly showed no signs of backing off crypto. He also suggested Visa’s management team may change after he exits as CEO.
By Lynne Marek • Jan. 26, 2023 -
Retailer targets Mexican Americans for digital wallet
The largest department store in Mexico is carving out a niche in offering digital and physical debit cards, as well as remittance services, to people sending payments over the border.
By Gabrielle Saulsbery • Jan. 25, 2023 -
Opinion
Why the Arizona AG opinion on EWA matters
“The Arizona decision is in line with decades of decisions across the country that have found that non-recourse products are not loans,” the Payactiv authors write in this opinion piece.
By Aaron Marienthal and Molly Jones • Jan. 24, 2023 -
Bluefin, Visa pursue network tokenization
Bluefin is entering a partnership with card network giant Visa as worldwide payment fraud is predicted to rise in the coming years.
By Tatiana Walk-Morris • Jan. 24, 2023 -
Stripe, Amazon ‘deepening’ their tie
Stripe has become “a strategic payments partner” in the U.S., Europe, and Canada for mega retailer Amazon under a renewed agreement.
By Lynne Marek • Jan. 24, 2023 -
Big banks to launch digital wallet operated by Zelle parent: report
The wallet, which is expected to launch in the second half of the year, aims to compete with PayPal and Apple, sources told The Wall Street Journal. But serious competition may take a while, an analyst said.
By Anna Hrushka • Jan. 24, 2023 -
Gemini cut another 10% of staff: report
The crypto exchange has been affected by Genesis' bankruptcy and the FTX contagion.
By Gabrielle Saulsbery • Jan. 24, 2023 -
Paymentus to accept payments via Green Dot Network
Paymentus is tapping Green Dot’s network to extend the number of locations where it accepts cash bill payments from consumers.
By Tatiana Walk-Morris • Jan. 23, 2023 -
International coalition pursues cross-border payments improvements
In a new report, a group of international organizations give a broad overview of routes for improving international payments systems.
By Lynne Marek • Jan. 23, 2023 -
Earnings preview: Payments companies face up to 4Q
How economic stress challenged payments companies in the final months of 2022 will be closely watched in upcoming earnings reports.
By Caitlin Mullen • Jan. 23, 2023 -
PayPal confirms data breach
Impacted customers were notified of the incident nearly a month after it was discovered. It’s unclear where or how customer account credentials were obtained.
By Matt Kapko • Jan. 20, 2023 -
Billtrust plots growth in B2B
Although many companies are pulling back spending amid the darker economic climate, new CEO Sunil Rajasekar said the B2B payments firm is not.
By Caitlin Mullen • Jan. 19, 2023 -
Flexible rent payment options gain ground
A growing number of companies are bringing buy now, pay later to the rental market as inflation drives up housing costs and renters struggle to pay on time.
By Robyn Griggs Lawrence • Jan. 18, 2023 -
2023 Payments Outlook
What payments can expect from Washington this year
From buy now, pay later to peer-to-peer payment fraud, there’s no shortage of payments targets for lawmakers and regulators.
By Caitlin Mullen • Jan. 18, 2023 -
US payments startup funding cut in half last year
Venture funding for payments companies dropped 50% globally last year too, but they attracted more than other fintechs in the fourth quarter.
By Caitlin Mullen • Jan. 18, 2023 -
Wakefern unveils frictionless checkout pilot
The supermarket operator teamed with tech firm Trigo to open an autonomous convenience store at its New Jersey corporate campus.
By Catherine Douglas Moran • Jan. 18, 2023 -
How Parkland USA is bringing self checkout to its stores
The fuel and convenience store company is considering expanding payment offerings through the self-checkout kiosks, including mobile and ACH options.
By Jessica Loder • Jan. 17, 2023