Technology: Page 59

  • Models for Alo Yoga wearing red apparel.
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    Permission granted by Alo Yoga
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    Alo Yoga accepts crypto payments, allows crypto paychecks

    The direct-to-consumer lifestyle brand is betting big on Web3 technology, although U.S. data suggest minimal usage of crypto for purchasing goods.

    By Dani James • June 22, 2022
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    NicoElNino via Getty Images
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    Opinion

    Friendly fraud: How should fintechs view the risks?

    With friendly fraud, fintechs don’t always consider the whole picture when it comes to fraudulent disputes.

    By Sarah Mirsky-Terranova • June 21, 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
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    Courtesy of Walmart
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    Walmart, Roku partner to evolve shoppable streaming ads 'beyond the QR code'

    The mega-retailer is the exclusive partner on a new Roku feature that allows people to purchase products by clicking on ads with their remote.

    By Peter Adams • June 17, 2022
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    champpixs via Getty Images
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    Tipalti spearheads digitization in middle market

    B2B fintech Tipalti aims to scoop up some additional businesses as startups struggle with a slowdown in equity funding.

    By Caitlin Mullen • June 16, 2022
  • The exterior of the Consumer Financial Protection Bureau building
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    The image by Ted Eytan is licensed under CC BY-SA 2.0
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    CFPB urges standardization in BNPL credit reporting

    The agency isn’t pleased about the three big credit reporting bureaus taking different approaches to tracking consumer data for buy now-pay later financing.

    By • Updated June 17, 2022
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    ROBIN WORRALL/Unsplash.com

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    Samsung debuts a new digital wallet with crypto

    The new wallet will store IDs, cards and crypto, giving the South Korean company more leverage to compete with digital payment apps from tech giants Apple and Google.

    By Tatiana Walk-Morris • June 16, 2022
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    Fahroni via Getty Images
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    Startup Metropolis snags $167M to scale

    Metropolis Technologies, which uses computer vision and machine learning for parking payments, plans to use the funding to scale, aiming to hire 500 workers by the end of the year.

    By Caitlin Mullen • June 15, 2022
  • A man carrying orange bags with the word Grubhub on the side.
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    Courtesy of Grubhub
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    Grubhub adds instant pay option for delivery drivers

    Food delivery company GrubHub will make an instant payout option available to its couriers, with an assist from PayPal and Visa, so drivers can deposit earnings to a debit card.

    By Alicia Kelso • June 15, 2022
  • PayPal phone app for purchases
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    Permission granted by PayPal Spokesman Joseph Gallo
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    PayPal expands BNPL payment options

    PayPal is making a bigger move into buy now-pay later financing as competitors in that arena multiply. It will now offer a new monthly payment plan targeted at bigger purchases.

    By • June 15, 2022
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    choness via Getty Images
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    Payments startups still gaining value, for now

    Payments companies “led the pack in valuation increases” and had the biggest average increase in valuation, according to S&P Global Market Intelligence.

    By Jonathan Berr • June 14, 2022
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    AndreyPopov via Getty Images
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    Payrailz gains traction in battle with big rivals

    The six-year-old company said it expanded its client base by a third in the first quarter and will double last year’s count to 150 by the end of this year.

    By • June 14, 2022
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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
  • 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
  • Chip card payment
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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
  • Spark Toast Orders Hub
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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
  • Stripe
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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