Technology: Page 51

  • Elon Musk
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    X nabs Rhode Island, Mississippi money licenses

    The new licenses are aimed at advancing Elon Musk's campaign to expand the social media company formerly known as Twitter into the payments business.

    By • Sept. 7, 2023
  • An employee uses Square point of sale hardware
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    Courtesy of Square
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    Block CFO details Square’s revamped sales approach

    Square’s refocused sales team is a “key investment area for us in the future,” Block executive Amrita Ahuja said Wednesday.

    By Caitlin Mullen • Sept. 7, 2023
  • Lock and credit card showing security theme Explore the Trendline➔
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    Trendline

    Embedded payment tools make inroads

    Business customers demanding integrated tools is likely to keep driving a trend toward more embedded payments tools.

    By Payments Dive staff
  • Parthenon in Athens with person in front of structure.
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    JPMorgan Chase revs up payments lab hiring

    The bank is venturing further into fintech and payments for new product development at its lab in Greece.

    By Tatiana Walk-Morris • Sept. 7, 2023
  • Shopify bag logo and name. in front of a brick wall.
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    Courtesy of Shopify
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    Shopify integrates Buy with Prime feature

    In a move that alters the companies' relationship, competitors Shopify and Amazon partnered to give Prime customers the payment option.

    By Tatiana Walk-Morris • Sept. 6, 2023
  • Hand of businessman using smart phone with coin icon
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    Visa leans into stablecoin efforts

    Visa has tapped new partners, including Worldpay and Solana, to build on a digital currency experiment it began in 2021 with Ethereum and Crypto.com.

    By • Sept. 5, 2023
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    Toast CEO resigns

    Chris Comparato, who has been CEO since 2015, told the restaurant payments company’s board on Friday that he’ll exit his leadership posts on Jan. 1.

    By Caitlin Mullen • Sept. 5, 2023
  • Julie Yoo against a background of greenery wearing a black shirt.
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    Permission granted by Andreessen Horowitz
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    Q&A

    Andreessen Horowitz circles healthcare payments

    A health tech partner at the venture capital firm outlined her fintech investment thesis and why the healthcare industry is at an inflection point.

    By Rebecca Pifer Parduhn • Sept. 1, 2023
  • Two people sending money to each other through a digital wallet app on their smartphones.
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    Getty Images
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    Zelle transaction volume jumps

    Second-quarter transaction volume at the bank-owned peer-to-peer payments app rose 10% over the first quarter, parent Early Warning Services said.

    By • Sept. 1, 2023
  • A bicycle delivery person in a city checking an address on a mobile app.
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    Opinion

    Why on-demand pay lures employees

    Employers can better compete for gig workers, and other employees, by offering instant payment of wages, one fintech president argues.

    By Charles Rosenblatt • Aug. 31, 2023
  • Screenshots of the Amazon Just Walk Out integration with Grubhub's app.
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    Permission granted by Grubhub
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    Grubhub, Amazon team on automated campus convenience store

    Students at the Loyola University Maryland store will scan a QR code in the food delivery app to enter the frictionless shop and pay for items.

    By Jessica Loder • Aug. 31, 2023
  • An over-the-shoulder shot of a person using a smartphone to check the balance of a digital wallet while standing on a city street at night.
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    Getty Images
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    Google joins OpenWallet Foundation

    "We look forward to working closely with other OWF members to advocate for solutions that ensure we’re building a privacy-forward wallet for everyone,” Google Wallet Vice President Jenny Cheng said.

    By • Aug. 31, 2023
  • One person holds out a hardware device and the other person taps a watch to the device, with fitness center weights in the background.
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    Permission granted by Joe Rauch
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    Elavon, Ingenico team on new payments tool

    U.S. Bank’s payments software unit is locking arms with the French hardware-maker to take on a raft of competitors targeting small businesses.

    By • Aug. 30, 2023
  • A freight train enters the downtown area of Austin, Texas.
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    Brandon Bell via Getty Images
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    AI fintech Stampli opens Austin office

    The California company extended its presence to a third U.S. city and aims to expand its employee headcount by 40%.

    By • Aug. 29, 2023
  • U.S. Capitol In Washington
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    Stefan Zaklin via Getty Images
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    Q&A

    Processor trade group weighs in on FedNow, surcharges

    The American Transaction Processors Coalition, which includes payments players from Visa to Fiserv, strives to strike a balance in representing their interests at the federal and state levels.

    By • Aug. 28, 2023
  • A photo of an AiFi-powered frictionless c-store on the University of San Diego campus.
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    Permission granted by AiFi
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    AiFi adds frictionless checkout to University of San Diego convenience store

    Fast-paced campus life is turning schools into an attractive market for autonomous retailers.

    By Jessica Loder • Aug. 28, 2023
  • Empty executive chairs sitting in what appears to be an office
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    Column

    Incoming payments CEOs usher industry into new era

    A spate of CEO appointments this year reflects an era of change and competition that’s likely to keep driving turmoil and advances in the industry.

    By • Aug. 28, 2023
  • A human hand holding a black block displaying the letter "x"
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    Getty Images
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    X adds state money licenses in pursuit of payments

    The social media company, formerly known as Twitter, advanced its payments strategy by collecting two more state money transmitter licenses.

    By • Aug. 28, 2023
  • Food delivery, rider with bicycle delivering food
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    iStock.com/Diamond Dogs

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    Sponsored by Runa

    B2C payouts are at a turning point — Digital value is the transformation they need

    Digital experiences transformed how consumers make payments—now it’s time for B2C payouts to catch up.

    By Aron Alexander, CEO of Runa • Aug. 28, 2023
  • Tom Panther
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    Courtesy of Fleetcor, now known as Corpay
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    Fleetcor CFO targets M&A, sales

    The Atlanta-based payments player’s new CFO doesn’t believe the M&A deal pendulum has fully swung over to a buyer’s market.

    By Maura Webber Sadovi • Aug. 27, 2023
  • Window with sticker showing logos for Visa, Mastercard and American Express.
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    Scott Olson via Getty Images
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    Opinion

    Why the CCCA is ‘ill-informed’

    A payments processing consultant argues that the Credit Card Competition Act isn’t the way to spur more competition in the industry.

    By James Shepherd • Aug. 24, 2023
  • Close-up of a person using a self checkout machine.
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    Getty Images
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    Grocers seek to deter theft at self-checkout terminals

    How one supermarket chain aims to thwart consumer shoplifting at self-checkout kiosks, with help from smart cameras.

    By Peyton Bigora , Sam Silverstein • Aug. 22, 2023
  • check, checkbook
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    Retrieved from Flickr/RikkisRefuge.
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    US check use for payments exceeds other countries: Fed

    Although there has been a drop in U.S. check use for transactions, other nations have seen sharper declines, a Federal Reserve study showed.

    By Tatiana Walk-Morris • Aug. 22, 2023
  • A hand holds a mobile phone with the PayPal app pulled up.
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    Courtesy of PayPal
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    Adyen, Braintree and Stripe face off

    The processing giants are battling for market share in the U.S., cutting prices in their fight to win over merchants.

    By • Aug. 22, 2023
  • The Trader Joe's sign is seen during the grand opening of a Trader Joe's on October 18, 2013 in Pinecrest, Florida.
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    Getty Images
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    Trader Joe’s says its stores won’t use self-checkout

    The grocer’s new CEO and president recently slammed the popular checkout method as being bad for employees and too much work for shoppers.

    By Peyton Bigora , Jeff Wells • Aug. 21, 2023
  • Students sit at tables in classroom with teacher walking.
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    Jon Cherry via Getty Images
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    ClassWallet draws $95M in funding

    The company raised the money after government agencies and school districts lined up for its digital payments and fund management services.

    By Tatiana Walk-Morris • Aug. 21, 2023