Convenience store company credits ‘improved labor situation’ to AI-powered self-checkout

The retailer brought the automated platforms to 2,200 stores across North America, and 40% of in-store payments at these sites run through them, CEO Brian Hannasch said.

By Brett Dworski • Sept. 8, 2023

PayPal expands tie with Meta

The digital titans plan to extend a partnership in which the payments company channels charitable giving on the Facebook and Instagram social media sites.

By Lynne Marek • Sept. 8, 2023

Explore the Trendline➔

Digital wallets proliferate as features advance

As more companies aim to offer digital wallets the rise in competition is sharpening their features.  

By Payments Dive staff

CFPB takes aim at Apple, Google tap-to-pay tech

“Regulations imposed by Big Tech firms have a big impact on whether consumers and businesses can make payments using third-party apps,” CFPB Director Rohit Chopra said in a Thursday press release.

By James Pothen • Sept. 8, 2023

X nabs Rhode Island, Mississippi money licenses

The new licenses are aimed at advancing Elon Musk's campaign to expand the social media company formerly known as Twitter into the payments business.

By James Pothen • Sept. 7, 2023

Block CFO details Square’s revamped sales approach

Square’s refocused sales team is a “key investment area for us in the future,” Block executive Amrita Ahuja said Wednesday.

By Caitlin Mullen • Sept. 7, 2023

JPMorgan Chase revs up payments lab hiring

The bank is venturing further into fintech and payments for new product development at its lab in Greece.

By Tatiana Walk-Morris • Sept. 7, 2023

Shopify integrates Buy with Prime feature

In a move that alters the companies' relationship, competitors Shopify and Amazon partnered to give Prime customers the payment option.

By Tatiana Walk-Morris • Sept. 6, 2023

Visa leans into stablecoin efforts

Visa has tapped new partners, including Worldpay and Solana, to build on a digital currency experiment it began in 2021 with Ethereum and Crypto.com.

By Lynne Marek • Sept. 5, 2023

Toast CEO resigns

Chris Comparato, who has been CEO since 2015, told the restaurant payments company’s board on Friday that he’ll exit his leadership posts on Jan. 1.

By Caitlin Mullen • Sept. 5, 2023

Andreessen Horowitz circles healthcare payments

A health tech partner at the venture capital firm outlined her fintech investment thesis and why the healthcare industry is at an inflection point.

By Rebecca Pifer Parduhn • Sept. 1, 2023

Zelle transaction volume jumps

Second-quarter transaction volume at the bank-owned peer-to-peer payments app rose 10% over the first quarter, parent Early Warning Services said.

By James Pothen • Sept. 1, 2023

Why on-demand pay lures employees

Employers can better compete for gig workers, and other employees, by offering instant payment of wages, one fintech president argues.

By Charles Rosenblatt • Aug. 31, 2023

Google joins OpenWallet Foundation

"We look forward to working closely with other OWF members to advocate for solutions that ensure we’re building a privacy-forward wallet for everyone,” Google Wallet Vice President Jenny Cheng said.

By James Pothen • Aug. 31, 2023

Grubhub, Amazon team on automated campus convenience store

Students at the Loyola University Maryland store will scan a QR code in the food delivery app to enter the frictionless shop and pay for items.

By Jessica Loder • Aug. 31, 2023

Elavon, Ingenico team on new payments tool

U.S. Bank’s payments software unit is locking arms with the French hardware-maker to take on a raft of competitors targeting small businesses.

By Lynne Marek • Aug. 30, 2023

AI fintech Stampli opens Austin office

The California company extended its presence to a third U.S. city and aims to expand its employee headcount by 40%.

By James Pothen • Aug. 29, 2023

Processor trade group weighs in on FedNow, surcharges

The American Transaction Processors Coalition, which includes payments players from Visa to Fiserv, strives to strike a balance in representing their interests at the federal and state levels.

By Lynne Marek • Aug. 28, 2023

AiFi adds frictionless checkout to University of San Diego convenience store

Fast-paced campus life is turning schools into an attractive market for autonomous retailers.

By Jessica Loder • Aug. 28, 2023

Incoming payments CEOs usher industry into new era

A spate of CEO appointments this year reflects an era of change and competition that’s likely to keep driving turmoil and advances in the industry.

By Lynne Marek • Aug. 28, 2023

X adds state money licenses in pursuit of payments

The social media company, formerly known as Twitter, advanced its payments strategy by collecting two more state money transmitter licenses.

By James Pothen • Aug. 28, 2023

B2C payouts are at a turning point — Digital value is the transformation they need

Digital experiences transformed how consumers make payments—now it’s time for B2C payouts to catch up.

By Aron Alexander, CEO of Runa • Aug. 28, 2023

Fleetcor CFO targets M&A, sales

The Atlanta-based payments player’s new CFO doesn’t believe the M&A deal pendulum has fully swung over to a buyer’s market.

By Maura Webber Sadovi • Aug. 27, 2023

Why the CCCA is ‘ill-informed’

A payments processing consultant argues that the Credit Card Competition Act isn’t the way to spur more competition in the industry.

By James Shepherd • Aug. 24, 2023

Grocers seek to deter theft at self-checkout terminals

How one supermarket chain aims to thwart consumer shoplifting at self-checkout kiosks, with help from smart cameras.

By Peyton Bigora , Sam Silverstein • Aug. 22, 2023

US check use for payments exceeds other countries: Fed

Although there has been a drop in U.S. check use for transactions, other nations have seen sharper declines, a Federal Reserve study showed.

By Tatiana Walk-Morris • Aug. 22, 2023