Technology: Page 46


  • Person looks at mobile phone advertising buy now-pay later offer while online shopping
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    Creative via Getty Images
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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 CEO Dan Schulman walking in front of trees
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    Drew Angerer via Getty Images
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    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 Jan. 31, 2023
  • Graphic of digital money transfer symbols overlaid on a map of the world Explore the Trendlineâž”
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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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    Just_Super via Getty Images
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    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 CEO Simon Khalaf
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    Permission granted by Jordan Fellows
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    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 Jan. 31, 2023
  • Jason Gardner, Marqeta
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    Courtesy of Marqeta
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    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 Jan. 30, 2023
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    Dan Kitwood / Staff via Getty Images
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    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
  • Stephanie Ferris head shot
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    Courtesy of FIS
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    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 Jan. 26, 2023
  • elizabeth warren
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    Spencer Platt via Getty Images
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    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
  • Cryptocurrencies laying on a flat surface next to a smartphone that shows a chart with zig-zagging lines.
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    Jack Taylor via Getty Images
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    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 Jan. 26, 2023
  • coppel access fintech app
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    Permission granted by Grupo Coppel
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    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
  • Phoenix midtown skyline with a Saguaro Cactus and other desert scenery in the foreground.
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    Davel5957/iStock via Getty Images
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    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
  • A person's hand types on a keyboard while the other hand holds a credit card.
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    Poike via Getty Images
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    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
  • A customer using Amazon One to pay
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    Courtesy of Amazon
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    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 Jan. 24, 2023
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    Justin Sullivan / Staff via Getty Images
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    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
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    Jack Taylor / Stringer via Getty Images
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    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
  • A plastic-gloved hand gives a $100 bill to another hand.
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    Mario Tama via Getty Images
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    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
  • Global currency symbols with skyscrapers in background
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    metamorworks via Getty Images
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    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 Jan. 23, 2023
  • A cashier hands a shopper their credit card
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    Joe Raedle / Staff via Getty Images
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    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 logo depicted on a sign.
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    Sean Gallup via Getty Images
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    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
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    Matias Delacroix via Getty Images
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    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
  • young couple renting an apartment
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    sturti via Getty Images
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    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
  • Consumer Financial Protection Bureau Director Rohit Chopra
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    Anna Moneymaker / Staff via Getty Images
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    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
  • Stacks of $100 bills being produced.
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    Mark Wilson via Getty Images
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    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
  • An image of the sign for a ShopRite supermarket as photographed on March 18, 2020 in Plainview, New York.
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    Bruce Bennett via Getty Images
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    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
  • A photo of the interior of a Parkland convenience store.
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    Permission granted by Parkland USA
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    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