Technology: Page 64


  • 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
  • Lock and credit card showing security theme Explore the Trendline
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    NatalyaBurova via Getty Images
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    Trendline

    Embedded payment tools make inroads

    Business customers demanding integrated tools is likely to keep driving a trend toward more embedded payments tools.

    By Payments Dive staff
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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
  • Making a card payment
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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
  • Money currency exchange business in Iraq.
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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
  • Exterior of Dollar General store in York, Pennsylvania
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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
  • Cryptocurrency
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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
  • Smart phone showing multiple payment apps.
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    Vaidik Trivedi

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    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
  • Watches on golfers from luxury retailer Tag Heuer
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    Courtesy of Tag Heuer
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    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
  • Accounts payable and receivable
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    champpixs via Getty Images
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    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
  • A Klarna sign at a Charlotte Premium Outlets mall in Charlotte, N.C. on March 26, 2022.
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    Caitlin Mullen/Payments Dive, data courtesy of Industry Dive employee Caitlin Mullen
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    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 May 24, 2022
  • A fingerprint is scanned to prevent identity theft.
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    Ian Waldie via Getty Images
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    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 May 23, 2022
  • Square POS
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    Courtesy of CashApp - Square
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    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 point of sale, retail
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    Courtesy of Mastercard
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    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
  • Storefront of Amazon Fresh in Washington, D.C.
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    Kaarin Vembar/Payments Dive
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    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
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    Joe Raedle via Getty Images
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    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