Technology: Page 48


  • A photo of a Sunshine Gasoline station.
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    Permission granted by Liquid Barcodes
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    Convenience store chain adds ACH option for fuel payments

    The upgrade adds the ability to pay for fuel at the pump, and using ACH allows the convenience store chain to save on swipe fees.

    By Jessica Loder • Dec. 16, 2022
  • Circle K
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    Permission granted by Brett Dworski, C-Store Dive
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    Is self-checkout worth the investment?

    While autonomous checkout can speed up shopping trips and let employees take on new tasks, it doesn’t come without its frustrations, experts say.

    By Brett Dworski • Dec. 15, 2022
  • 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
  • Frank Bisignano, Fiserv CEO
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    Eugene Gologursky / Stringer via Getty Images
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    Fiserv’s Milwaukee HQ plans advance

    Milwaukee's city council unanimously approved creating a tax increment financing district to provide a grant for the company's new downtown headquarters.

    By Caitlin Mullen • Dec. 15, 2022
  • Man standing at food market
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    Donwilson Odhiambo via Getty Images
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    Visa pledges $1B investment in Africa

    The largest U.S. credit card network plans to make the investment over the next five years in a "commitment to Africa’s growth potential.”

    By Dec. 14, 2022
  • 100 dollar bills with green streaks spiraling around them and 0s and 1s in the background
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    Viorika via Getty Images
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    Opinion

    Why real-time payments make sense today

    The impact real-time payments could have on customers and providers alike should not be ignored — especially in the face of an impending recession, writes a fintech co-founder.

    By Justin Adler • Dec. 14, 2022
  • Person carries their belongings out of an office
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    pcess609 via Getty Images
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    Q&A

    Brex maintains hiring for key roles, some replacements

    The fintech doesn't anticipate workforce reductions in 2023, but the broader industry isn’t done with job cuts, predicts Chief People Officer Angela Crossman.

    By Caitlin Mullen • Dec. 13, 2022
  • 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
  • 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