Technology: Page 59
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PayPal confirms data breach
Impacted customers were notified of the incident nearly a month after it was discovered. It’s unclear where or how customer account credentials were obtained.
By Matt Kapko • Jan. 20, 2023 -
Billtrust plots growth in B2B
Although many companies are pulling back spending amid the darker economic climate, new CEO Sunil Rajasekar said the B2B payments firm is not.
By Caitlin Mullen • Jan. 19, 2023 -
Explore the Trendlineâž”
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TrendlineDigital wallets proliferate as features advance
As more companies aim to offer digital wallets the rise in competition is sharpening their features.
By Payments Dive staff -
Flexible rent payment options gain ground
A growing number of companies are bringing buy now, pay later to the rental market as inflation drives up housing costs and renters struggle to pay on time.
By Robyn Griggs Lawrence • Jan. 18, 2023 -
2023 Payments Outlook
What payments can expect from Washington this year
From buy now, pay later to peer-to-peer payment fraud, there’s no shortage of payments targets for lawmakers and regulators.
By Caitlin Mullen • Jan. 18, 2023 -
US payments startup funding cut in half last year
Venture funding for payments companies dropped 50% globally last year too, but they attracted more than other fintechs in the fourth quarter.
By Caitlin Mullen • Jan. 18, 2023 -
Wakefern unveils frictionless checkout pilot
The supermarket operator teamed with tech firm Trigo to open an autonomous convenience store at its New Jersey corporate campus.
By Catherine Douglas Moran • Jan. 18, 2023 -
How Parkland USA is bringing self checkout to its stores
The fuel and convenience store company is considering expanding payment offerings through the self-checkout kiosks, including mobile and ACH options.
By Jessica Loder • Jan. 17, 2023 -
Oracle jumps into payments for retailers
The tech titan will now process payments for retailers, as opposed to sending that part of a transaction to third parties.
By Lynne Marek • Jan. 13, 2023 -
PayPal, Visa team on faster cross-border payments
PayPal’s Xoom service has linked with Visa Direct to offer real-time debit card deposits in 25 countries where U.S. residents can send money.
By Lynne Marek • Jan. 13, 2023 -
2023 Payments Outlook
These payments companies could be acquisition targets
With industry acquisitions ramping up this year, payments analysts have pinpointed a pack of potential payments company targets.
By Caitlin Mullen • Jan. 12, 2023 -
Amex acquires B2B automation company Nipendo
The acquisition is the latest B2B move for the card company, which expects Nipendo’s capabilities to strengthen its position in that market.
By Caitlin Mullen • Jan. 12, 2023 -
Paya purchase bolsters Nuvei for economic downturn
With its expansion in the U.S. and markets less susceptible to a decline in consumer demand, Nuvei is adding protection against a downturn.
By Lynne Marek • Jan. 11, 2023 -
Fintech funding tumbled in 2022
U.S. fintech funding for the fourth quarter of 2022 was down nearly 80% compared to the same quarter in 2021, CB Insights said Wednesday.
By Caitlin Mullen • Jan. 11, 2023 -
Amazon expands ‘Buy with Prime’ to all US merchants
With help from Saas platform BigCommerce, the e-commerce giant is even looping sellers outside its own marketplace into its ecosystem.
By Daphne Howland • Jan. 11, 2023 -
PayPal loses another finance executive
The digital payments giant disclosed late Monday that its chief accounting officer has resigned to take a job with another company.
By Lynne Marek • Jan. 10, 2023 -
Deep Dive // 2023 Payments Outlook
6 payments trends to watch in 2023
FedNow, embedded payments, deal-making, cybersecurity and more mature BNPL will be dominant themes, among others, in the industry this year.
By Lynne Marek , Caitlin Mullen • Jan. 10, 2023 -
Nuvei to acquire Paya for $1.3B
Nuvei’s acquisition of the Atlanta company will strengthen its position in global e-commerce, integrated payments and B2B, CEO Philip Fayer said.
By Caitlin Mullen • Jan. 9, 2023 -
Cargo payment firms duel in court
CargoSprint and PayCargo have battled for years over antitrust violations, intellectual property and trademark infringement, among other nettlesome issues.
By Robert Freedman • Jan. 9, 2023 -
Will PayPal get a new CEO?
CEO Dan Schulman faces speculation about his exit. “We think he could move on from PayPal, legacy intact,” one analyst team wrote.
By Lynne Marek • Jan. 9, 2023 -
Extend targets hiring, expansion
The virtual corporate card and expense management services company plans to increase its workforce by 20% as it expands in the U.S. and abroad.
By Lynne Marek , Caitlin Mullen • Jan. 8, 2023 -
Opinion
Can anything challenge ACH?
The ACH system has proven to be scalable, secure, ubiquitous and reliable, but complaints about processing times persist, writes Sila CEO Shamir Karkal.
By Shamir Karkal • Jan. 6, 2023 -
Card industry’s fraud-fighting efforts pay off: Nilson Report
Industry efforts to fight card fraud are making an impact, with transactional losses per $100 trending downward, according to the Nilson Report.
By Caitlin Mullen • Jan. 5, 2023 -
Coinbase to pay $100M in settlement
The system that flags suspicious activity saw a backlog of more than 100,000 alerts in late 2021, New York's Department of Financial Services found.
By Gabrielle Saulsbery • Jan. 5, 2023 -
2023 Payments Outlook
Payments deals may climb in 2023
While the number of deals in the payments industry declined 14% last year, and even more by value, there are reasons to believe 2023 will be more active.
By Lynne Marek • Jan. 4, 2023 -
Fiserv CEO lands pay raise in new contract
The payments company renewed Frank Bisignano’s contract for another five years and gave him a 6% base salary increase.
By Caitlin Mullen • Jan. 3, 2023