Technology: Page 46
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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 -
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 Lynne Marek • Dec. 12, 2022 -
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 -
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 -
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 -
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 Lynne Marek • Dec. 9, 2022 -
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 -
Retrieved from Discover Spokesman Robert Weiss on December 14, 2021
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 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 -
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’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 -
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 -
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 -
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 Lynne Marek • Dec. 5, 2022 -
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 -
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 -
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 -
Retrieved from Amazon press page.
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 -
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 -
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 Lynne Marek • Nov. 30, 2022 -
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 -
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 -
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 Lynne Marek • Nov. 28, 2022 -
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 -
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