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

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

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

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

Lower-income app users seek savings options

Low- and moderate-income households in the U.S. say they want savings products in their digital payment apps, a survey by the nonprofit Commonwealth revealed.

By Caitlin Mullen • May 25, 2022

Tag Heuer accepts crypto as payment

CEO Frédéric Arnault suggested cryptocurrency fluctuations are a risk companies will need to take on if they allow this form of payment.

By Dani James • May 24, 2022

Billtrust to stay on acquisition streak

Billtrust, which focuses on the accounts receivable side of B2B payments, has acquired two European companies in recent months and plans to continue snapping up other firms.

By Caitlin Mullen • May 24, 2022

Klarna revamps operations, cuts 700 employees

Klarna, a major buy now-pay later player and Europe's highest value fintech, has "re-evaluated" its business and made "really tough decisions" that include cutting 10% of its workforce, the CEO said.

By Lynne Marek • May 24, 2022

Big tech pushes passwordless for payments

Google, Microsoft and Apple this month began a big, new push in their campaign for a passwordless standard that's aimed at improving digital identity verification, including for payments.

By Lynne Marek • May 23, 2022

SoundHound, Square launch tool for restaurant orders

The voice app company SoundHound AI is rolling out a service for restaurants with Block's Square that answers phone calls, takes  orders, accepts modifications and sends confirmations to complete payments.

By Alicia Kelso • May 19, 2022

Mastercard to launch biometric checkout tool for retailers

The company plans to try out facial recognition and hand-scanning technology in multiple countries.

By Tatiana Walk-Morris • May 19, 2022

Amazon Fresh spearheads East Coast expansion

The chain plans to open locations on Long Island and in the Garden State, expanding its use of the cashierless payment technology and hiring "hundreds" of workers.

By Jeff Wells • May 19, 2022

Block bets on bitcoin

“We are no longer just a payments company,” Block CEO Jack Dorsey said at the company’s investor day Wednesday.

By Caitlin Mullen • May 18, 2022

FIS knocks Fiserv out of No. 2 merchant acquirer spot

In a competitive field of merchant acquirers, FIS bested Fiserv last year as JPMorgan Chase held its lead, according to a ranking from The Nilson Report. 

By Caitlin Mullen • May 18, 2022

CFPB carves out new competition angle for oversight

A former CFPB enforcement director told an audience of payments professionals this week that they'd best be prepared for the agency to expand its oversight by way of its markets authority.

By Lynne Marek • May 18, 2022

Klarna debuts virtual shopping tool

The platform is adding more services as the buy now-pay later industry faces more regulatory scrutiny.

By Tatiana Walk-Morris • May 17, 2022

Amex, Discover get top marks in direct banks survey

The No. 3 and No. 4 card companies, which also hold bank licenses, scored highly in customer satisfaction among online-only banks, J.D. Power found.

By Caitlin Mullen • May 16, 2022

Are restaurant operators eating too many fees?

"I’ve been disappointed to see how the payments industry is constantly looking for ways to profit off of small businesses in sneaky ways," says Copper CEO Dickson Chu.

By Dickson Chu • May 16, 2022

Deserve taps Goldman for credit facility

With the $250 million credit facility from Goldman Sachs and other backers, the Palo Alto, California-based digital card startup aims to keep financing an expanding clientele.

By Caitlin Mullen • May 12, 2022