Technology: Page 48
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Google adds Nelo to its digital wallet
The partnership allows Mexican payments platform Nelo to expand out of purely digital payments to in-person transactions via Google Wallet.
By James Pothen • Aug. 7, 2023 -
EWA study by Harvard spotlights worker input
Earned wage access provides financial assistance to users while trapping them in “short-term liquidity crunches,” according to a new report by Harvard University researchers.
By Tatiana Walk-Morris • Aug. 4, 2023 -
Explore the Trendline➔
Getty Images
TrendlineDigital 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 -
Flutterwave expands cross-border payments to US, Canada
This is the payments company’s fourth move to expand its international business this summer.
By James Pothen • Aug. 4, 2023 -
Former Google Cloud CFO heads to Stripe
The transition to a new CFO comes at a time when the digital payments company might be gearing up to go public.
By Alexei Alexis • Aug. 3, 2023 -
Shift4 shrinks workforce
The payments company cut 150 employees in the second quarter, executives said Thursday during an earnings conference call.
By Caitlin Mullen • Aug. 3, 2023 -
Apple spotlights global ambitions with ‘Pay the Apple Way’ ad campaign
The marketing push follows the addition of consumer-focused features by the tech giant this year, including a buy now, pay later payments tool.
By Jessica Hammers • Aug. 3, 2023 -
Stripe brings tax product to platforms, taps AI
The tool can help CFOs wade through a complicated tax compliance environment, easing the path to international growth, Stripe said.
By Grace Noto • Aug. 3, 2023 -
Stax names new CEO
New CEO Paulette Rowe was previously at cross-border digital payments company Paysafe. Stax’s sister-brother co-founders exited quietly earlier this year.
By Caitlin Mullen • Aug. 3, 2023 -
PayPal closes in on new CEO
Digital payments titan PayPal is nearing a decision on who will be its next CEO, with the company circling a short list of candidates.
By Lynne Marek • Aug. 3, 2023 -
GameStop ditches its crypto wallets due to ‘regulatory uncertainty’
The retailer, which is pulling support on Nov. 1, had sought to tap into gaming culture to make crypto a larger part of the company’s future.
By Nate Delesline III • Aug. 2, 2023 -
Global Payments adds hybrid payment service for ISVs
The payments processor launched a service during the second quarter aimed at affording ISVs the benefits of being a payment facilitator without the drawbacks associated with such a designation.
By Caitlin Mullen • Aug. 2, 2023 -
Convenience chain Refuel expands self-checkout deployment
After testing Mashgin’s technology late last year, the retailer will roll out the platform to 10 locations across its footprint.
By Brett Dworski • Aug. 2, 2023 -
Shopify taps Ramp to save on corporate expenses
E-commerce company Shopify is adopting more artificial intelligence by automating its corporate expenses through Ramp.
By James Pothen • Aug. 1, 2023 -
Q&A
ACI eyes FedNow for cross-border uses
In the future, FedNow will be part of the race to develop cross-border instant payment systems and use cases, said ACI Worldwide CEO Tom Warsop.
By Lynne Marek • Aug. 1, 2023 -
How Trintech arranged an acquisition from Fiserv
“The M&A market has had a lull, but for us this is the right time and we were able to find the right asset,” Trintech CFO Omar Choucair told CFO Dive.
By Maura Webber Sadovi • July 31, 2023 -
Federal Reserve. "FedNow Instant Payments". Retrieved from FRB Services.
RTP takes on FedNow
As the only two real-time payments rails in the U.S., the rivalry between RTP and FedNow could get intense, but maybe not.
By Lynne Marek • July 31, 2023 -
Fiserv racks up merchants for pay-by-bank services
The Federal Reserve’s new instant payments system is driving more merchant interest in pay-by-bank capabilities for consumers, a Fiserv executive said.
By Caitlin Mullen • July 31, 2023 -
Fiserv, Amazon link rewards programs
The new offering is available to card holders through 200 financial institutions, with an expansion of the partnership expected by the end of the year.
By James Pothen • July 28, 2023 -
Opinion
It’s time for a new payday approach
“It's time to question whether this traditional approach to paying employees is still the most efficient and equitable,” writes one earned wage access CEO.
By Kevin Coop • July 28, 2023 -
Wex acquires Ascensus unit for $180M
In addition to the Ascensus health and benefits unit purchase, Wex said it will invest up to $100 million in a new venture arm.
By Lynne Marek • July 28, 2023 -
Upgrade buys BNPL firm Uplift for $100M
The deal, Upgrade’s first acquisition, more than doubles the neobank’s customer base by adding 3.3 million users to its existing 2.5 million, CEO Renaud Laplanche said.
By Anna Hrushka • July 27, 2023 -
Mastercard waits on FedNow
While Mastercard participates in real-time payment systems in other countries, it’s holding back for now on the new U.S. instant payments network.
By Lynne Marek • July 27, 2023 -
PayPal deepens Microsoft partnership
In an expansion of a prior tie, software colossus Microsoft will increase the ways customers can use PayPal tools to purchase goods and services.
By Lynne Marek • July 26, 2023 -
Mastercard launches B2B virtual card tool
Mastercard teamed with Billtrust to begin offering the new tool, which will automate the process of sending and accepting virtual cards for business-to-business payments.
By Tatiana Walk-Morris • July 26, 2023 -
Apple Pay Later makes gains: survey
Apple Pay Later is gaining traction with consumers after a rollout earlier this year, according to a survey from JD Power.
By James Pothen • July 25, 2023