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

Explore the 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

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

Afterpay, Expedia link for travel BNPL

The buy now-pay later provider and the travel booking company are teaming up to allow consumers to spread out payments for flights and hotels.

By Caitlin Mullen • Nov. 22, 2022

PayZen raises $20M, lands debt facility

The fintech aims to extend buy now-pay later financing options to consumers for healthcare payments.

By Tatiana Walk-Morris • Nov. 21, 2022

Visa’s next CEO sees a world of growth

Ryan McInerney, who will become CEO of the card network juggernaut next year, recently detailed the areas where he sees opportunities for the company.

By Lynne Marek • Nov. 21, 2022

World Cup offers stage for payments tech

While one card network giant has grabbed center stage at the World Cup event in Qatar, other payments companies have landed bit roles too.

By Tatiana Walk-Morris • Nov. 21, 2022

Construction payments firm Billd lands $100M credit line

The debt facility will feed two of the company’s app-based cash flow products.

By Matthew Thibault • Nov. 18, 2022

Can Congress come together on crypto?

Perhaps even a divided Congress can make bipartisan headway in crafting a regulatory framework for crypto following the FTX failure.

By Lynne Marek • Nov. 17, 2022

Self-checkout comprises nearly 40% of grocery checkout options, study says

Offering a mix of both manual and self-checkout lanes can appeal to a wider variety of shoppers and serve different types of shopping trips, according to shopper intelligence firm Catalina. 

By Catherine Douglas Moran • Nov. 17, 2022

NY Fed launches CBDC project with Mastercard, big banks

Mastercard and big banks such as Citi, Wells Fargo, BNY Mellon and U.S. Bank are set to participate in the proof-of-concept trial.

By Rajashree Chakravarty • Nov. 16, 2022

CEOs Sound Off: Payments forecasts for 2023

The CEOs of Brex, Splitit and Paystand weigh in on what’s to come in the year ahead, commenting on the trends, challenges, regulation and M&A.

By Caitlin Mullen , Lynne Marek • Nov. 16, 2022

Giant Food’s prepaid debit card tackles food insecurity

With the tie-up, the Fresh Connect program is expanding to all of banner’s locations in Washington, D.C., and participants will be able to access free classes, consultations and resources offered by the grocer. 

By Catherine Douglas Moran • Nov. 16, 2022

Nacha, Fed, Clearing House offer late night payments

The Federal Reserve and The Clearing House have launched late night ACH payments, speeding up the processing of some payments.

By Tatiana Walk-Morris • Nov. 16, 2022

Fiserv ‘maniacally focused’ on expense management

When asked Monday how Fiserv would adapt to an economic downturn, CEO Frank Bisignano said the company knows what levers to pull “to manage the expense line.”

By Caitlin Mullen • Nov. 15, 2022

Toast surpasses $100B in annualized payments

The payments company that caters to restaurants reached that quarterly record after significant expansion this year.

By Jonathan Berr • Nov. 15, 2022

Fortis acquires Payment Logistics

The founder of Payment Logistics will remain at the firm overseeing its employees in California.

By Tatiana Walk-Morris • Nov. 15, 2022

Tim Hortons offers scan-to-pay option

Rewards members can pay for orders and earn or redeem rewards with a single scan if they link a credit card or Tim Card to the restaurant’s mobile app. 

By Emma Liem Beckett • Nov. 14, 2022

Wex readies for acquisitions

Acquisitions are part of Wex CEO Melissa Smith’s annual growth goals, and the deteriorating economy could present attractive targets, she said.

By Lynne Marek • Nov. 11, 2022

FTX files for bankruptcy, CEO steps down

FTX.com’s assets were frozen in the Bahamas, where the company is headquartered. Crypto lender BlockFi also paused withdrawals because of its exposure to FTX.

By Gabrielle Saulsbery • Nov. 11, 2022

Musk pushes Twitter toward payments

“Give them some amount of money, like ten bucks or something, that they can send anywhere in the system,” said Twitter’s new owner, Elon Musk. “We need money transfer licenses for that, which we’ve applied for.”

By Anna Hrushka • Nov. 11, 2022