Technology: Page 57


  • Schulman walking outside with a name tag on his chest.
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    Kevin Dietsch via Getty Images
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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 June 13, 2022
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    Maks_Lab via Getty Images
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    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
  • Graphic of digital money transfer symbols overlaid on a map of the world Explore the Trendlineâž”
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    ArtemisDiana via Getty Images
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    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
  • Cryptocurrencies laying on a flat surface next to a smartphone that shows a chart with zig-zagging lines.
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    Jack Taylor via Getty Images
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    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 June 10, 2022
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    Rostislav_Sedlacek via Getty Images
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    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
  • Several Visa cards spread out on surface revealing company's logo.
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    Justin Sullivan via Getty Images
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    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
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    Courtesy of Toast
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    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
  • A man in shadow looks at his mobile device near a lit up Apple logo.
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    Drew Angerer/Getty via Getty Images
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    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
  • Cryptocurrency tokens lying next to a gavel
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    Just_Super via Getty Images
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    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
  • One's digital banking app
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    Courtesy of One Finance
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    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
  • Mashgin self-checkout terminal in Circle K store
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    Courtesy of Mashgin
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    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
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    Joe Raedle via Getty Images
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    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
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    iStock / janiecbros

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    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
  • A consumer pays by tapping the phone to a point-of-sale device.
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    Chainarong Prasertthai via Getty Images
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    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
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    Courtesy of Stripe
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    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
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    PeopleImages via Getty Images
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    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
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    Brandon Bell via Getty Images
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    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
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    Matt Cardy via Getty Images
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    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
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    Chris Hondros via Getty Images
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    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
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    Alex Wong via Getty Images
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    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
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    Sam Silverstein/Payments Dive
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    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
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    hapabapa via Getty Images
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    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 May 27, 2022
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    da-kuk via Getty Images
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    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
  • White female doctor doing a medical examination on a black female patient
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    mixetto via Getty Images
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    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
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    Mark Wilson via Getty Images
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    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
  • Buy now pay later
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    Khaosai Wongnatthakan via Getty Images
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    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