Technology: Page 57
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PayPal strives to improve checkout
The company aims to improve the checkout experience for both merchants and consumers, with new services being tested this year, CEO Dan Schulman said.
By Lynne Marek • June 13, 2022 -
AffiniPay buys legal software firm MyCase
AffiniPay will link the acquired firm with its LawPay business. The two companies combined are expected to generate about $200 million in annual revenue.
By Caitlin Mullen • June 13, 2022 -
Explore the Trendlineâž”
ArtemisDiana via Getty ImagesTrendlineCross-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 -
Column
Don't count crypto out just yet
Cryptocurrency skeptics were undoubtedly delighted by TerraUSD’s collapse last month, but there are plenty of signs already this month that the crypto era is far from over. Maybe it’s just beginning.
By Lynne Marek • June 10, 2022 -
Chip cards rise 10% last year to 12B globally
That figure was the annual increase tallied this week by EMVCo as part of its work to streamline payment protocols for merchants and improve the security of their transactions.
By Tatiana Walk-Morris • June 10, 2022 -
Visa sees long runway with cash-to-card transition
For Visa, plenty of opportunity remains in cash-to-card digitization, offsetting any slowdown in consumer spending, CFO Vasant Prabhu said this week.
By Caitlin Mullen • June 9, 2022 -
Toast heats up restaurant payments competition
As Toast adds services, the Boston startup is taking business from larger rivals and fintech peers, analysts say.
By Jonathan Berr • June 8, 2022 -
Apple joins BNPL boom
Apple Pay Later will let users split the cost of an Apple Pay purchase into four equal payments over a six-week period, with no interest or fees. It will be available via the Mastercard network.
By Jonathan Berr • June 7, 2022 -
Foundation opines on crypto bill
The Stellar Development Foundation provided its take on this week’s bipartisan Senate bill to create a regulatory framework for cryptocurrencies.
By Robin Bradley • June 7, 2022 -
Customer satisfaction with card apps declines
"When it comes to delivering that level of personalization through high-touch digital channels, most banks and credit card providers are missing the mark," J.D. Power said in a new consumer survey report.
By Tatiana Walk-Morris • June 7, 2022 -
Circle K owner rolls out computer-vision checkout units
Alimentation Couche-Tard, which operates locations under the Circle K and Couche-Tard banners, plans to deploy Mashgin's technology across North America and Europe over the next three years.
By Sam Silverstein • June 6, 2022 -
Repay uses raises, retention packages to win workers
While some payments players have pared jobs, Repay CFO Timothy Murphy plans to continue hiring and said there's been "no slowdown in growth for our core markets."
By Maura Webber Sadovi • June 6, 2022 -
Sponsored by Tipalti
Why the creator economy is a smart partnership
The creator economy has become a global phenomenon overnight, and companies are paying close attention.
June 6, 2022 -
Block offers Apple tap-to-pay for merchants
Block wants to attract more business clientele as fintech firms experience economic volatility. Offering tap-to-pay on the iPhone advances that goal.
By Tatiana Walk-Morris • June 3, 2022 -
Stripe's legal ops chief aims to curb spending
The digital payments company’s legal team hopes to introduce more alternative fee structures to help gain more balance in outside law firm costs.
By Robert Freedman • June 3, 2022 -
NMI aims to equip banks with modern payments tech
As banks try to fend off competition from fintechs in merchant acquiring and processing, payments gateway NMI aims to capitalize by offering to bolster their services.
By Caitlin Mullen • June 1, 2022 -
BNPL extends to gas, groceries
Buy now-pay later providers have made their financing services more available for everyday purchases, offering consumers a tool to deal with inflation.
By Jonathan Berr • June 1, 2022 -
Cross-border payments change as they rise: report
Consumers and businesses are more frequently using digital means to send payments around the world, according to Mastercard's second annual report on cross-border payments.
By Tatiana Walk-Morris • May 31, 2022 -
JPMorgan hires exec from PayPal to head fintech partnerships
Peggy Mangot joined the bank this month to lead a team responsible for designing and developing fintech partnership strategy at JPMorgan Chase's commercial bank.
By Anna Hrushka • May 27, 2022 -
CBDC, stablecoins, commercial bank money can coexist, Brainard says
The Federal Reserve vice chair, at a House Financial Services Committee hearing Thursday, also called for stricter regulation in the stablecoin space.
By Robin Bradley • May 27, 2022 -
Dollar General piloting self-checkout-only stores
The test will involve about 200 of the discount retailer's 18,000-plus locations and run throughout 2022, Chief Operating Officer Jeff Owen said Thursday during an earnings call.
By Sam Silverstein • May 27, 2022 -
Adyen targets North America for growth
Upstart Dutch payments processor Adyen is increasing its competition against FIS, Fiserv and Stripe on their home turf in the U.S.
By Lynne Marek • May 27, 2022 -
Crypto ad spend plummets as market crashes
The cryptocurrency market downturn has led marketing spend in this sector to plunge, especially after unprecedented highs seen during Super Bowl LVI.
By Sara Karlovitch • May 26, 2022 -
Weave teams with Sunbit for healthcare BNPL
With Sunbit, Weave can now add BNPL to its other services that help small businesses collect customers’ payments, including text to pay, digital wallets, wireless terminals and credit-card on file.
By Joseph Burns • May 26, 2022 -
CBDC poses threat to banks, trade groups tell Fed
A U.S. digital dollar would take $720 billion in deposits out of banks even if the central bank were to cap accounts at $5,000 per "end user," the American Bankers Association wrote in a letter.
By Robin Bradley • May 25, 2022 -
Column
CEOs Sound Off: BNPL takes aim at healthcare, legal costs
Companies offering installment payment options for healthcare, legal and auto repair say that buy now-pay later options will satisfy growing consumer demand.
By Caitlin Mullen • May 25, 2022