QR code resurges for payments

“Businesses that have consigned QR technology to the tech graveyard would be wise to give it another look,” writes Mike Storiale, Synchrony’s VP of innovation development.

By Mike Storiale • Sept. 22, 2022

Extra costs biggest reason shoppers ditch online carts

With cart abandonment costing online retailers up to $136 billion annually, Coresight Research’s findings suggest they might want to focus on total purchase price more closely matching shopper expectations.

By Caitlin Mullen • Sept. 21, 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

Visa eyes B2B, remittances for growth

Visa is eyeing certain portions of the B2B market for near-term growth, the company’s chief financial officer said during a conference last week. It’s also building out its network for remittances.

By Lynne Marek • Sept. 21, 2022

Tipalti introduces new card

After entering the U.K. last year, the company this year is targeting more growth with a new card, a newly promoted president and 100 more employees.

By Tatiana Walk-Morris • Sept. 20, 2022

Instacart rolls out in-store tech enhancements

Frictionless checkout and a more efficient shopping journey are core focuses under the new services, which include a scan-and-pay mobile checkout program.

By Jeff Wells • Sept. 19, 2022

Square adds services in Spanish

The Block-owned merchant platform debuted its Spanish-language tools in an effort to serve a bigger share of Hispanic-owned businesses in the U.S.

By Tatiana Walk-Morris • Sept. 19, 2022

Modern Treasury, Goldman Sachs team up

The two companies want to target mid-size firms that find it too complex to build their own embedded payments service.

By Tatiana Walk-Morris • Sept. 19, 2022

MoneyGram CEO bullish on stablecoins

The money transfer company’s brick-and-mortar business is being displaced by digital payments, mobile wallets and use of stablecoins as bridge assets.

By Suman Bhattacharyya • Sept. 19, 2022

Biden advances digital asset regulation

The Biden administration wants the Securities and Exchange Commission and the Commodity Futures Trading Commission to “aggressively pursue investigations and enforcement actions against unlawful practices in the digital assets space.”

By Anna Hrushka • Sept. 16, 2022

New PayPal CFO takes medical leave

PayPal SVP of Capital Markets Gabrielle Rabinovitch will step in for her second round as interim CFO as Blake Jorgensen departs for medical leave.

By Grace Noto • Sept. 16, 2022

BNPL players spar with CFPB

BNPL players under the microscope at the Consumer Financial Protection Bureau pushed back against the federal agency’s plan to increase regulation of the industry.

By Lynne Marek • Sept. 16, 2022

Freight fintech Denim lands $26M investment

The company, which aims to simplify freight shipment payments, plans to use $26 million in new capital and $100 million in debt financing to scale and give customers access to working capital.

By Caitlin Mullen • Sept. 16, 2022

CFPB mulls rules for BNPL

The Consumer Financial Protection Bureau is weighing new rules and guidance for the fast-growing buy now-pay later industry after wrapping up a comprehensive report on it.

By Lynne Marek • Sept. 15, 2022

Zelle counters scam talk with growth rates

The instant payments brand is highlighting a double-digit growth rate for its peer-to-peer payments tool and downplaying scams on its system.

By Lynne Marek • Sept. 12, 2022

Bolt drops Wyre purchase

The checkout startup had planned to purchase the cryptocurrency payments firm for $1.5 billion. That was before the collapse of crypto values recently.

By Caitlin Mullen • Sept. 12, 2022

JPMorgan buys payments firm Renovite

The biggest U.S. bank is buying the payments company as competition in the checkout and card processing ecosystem mounts.

By Lynne Marek • Sept. 12, 2022

Google invests in new cohort of Black entrepreneurs

The tech behemoth invested another $5 million in Black entrepreneurs, including some that have founded firms in the payments arena.

By Tatiana Walk-Morris • Sept. 9, 2022

Ramp jumps into cross-border payments

The fintech startup is adding services as it targets a bigger bite of the $120 trillion business-to-business payments market.

By Caitlin Mullen • Sept. 8, 2022

Basic income pilots gain momentum across US cities

At least a dozen U.S. cities have implemented unconditional direct cash payment programs over the past year, as advocates seek to build evidence and experts debate the most effective structures.

By Gaby Galvin • Sept. 8, 2022

Healthcare fintechs targeted by cyber criminals

Cybersecurity professionals say healthcare payments processing firms are particularly vulnerable to information technology breaches and ransom demands.

By Joe Burns • Sept. 8, 2022

Mesh Payments raises $60M

The payments company hopes to gain more business-to-business payments market share as the demand for expense management services rises.

By Tatiana Walk-Morris • Sept. 8, 2022

Strange bedfellows question CBDC

The Fed has an uphill effort ahead in pursuing a central bank digital currency, as evidenced by extensive skepticism from two disparate groups.

By Lynne Marek • Sept. 6, 2022

Go slow on a CBDC, Nacha says

The biggest payment system in the U.S. recommends limited implementation of a central bank digital currency if the Federal Reserve pursues that digital dollar.

By Lynne Marek • Sept. 2, 2022

Credit card interest rates reach record

With the Federal Reserve pushing up interest rates to calm inflation, the average credit card interest rate is climbing, too, reaching a two-decade-plus record in August.

By Lynne Marek • Sept. 2, 2022

Fiserv buys LR2 Group

The global payments processor said it paid $26 million to acquire the independent sales organization, which had been a long-time partner.

By Caitlin Mullen • Sept. 1, 2022