Technology: Page 67

  • The Federal Reserve building is seen January 22, 2008 in Washington, DC.
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    Chip Somodevilla via Getty Images
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    Fed’s Waller expresses skepticism on CBDC

    Launching a digital currency could introduce costs and risks posing harm to the U.S. dollar's standing internationally, Waller said. The dollar’s primacy, he added, has little to do with technology.

    By Gabrielle Saulsbery • Oct. 17, 2022
  • A man in shadow looks at his mobile device near a lit up Apple logo.
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    Getty Images
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    Apple to launch high-yield savings account with Goldman Sachs

    The move is the logical next step for the Apple-Goldman partnership, according to one consultant, who said the day-to-day banking product complements Apple’s Goldman-powered credit card offering.

    By Anna Hrushka • Oct. 17, 2022
  • Creative image with coins jumping from one phone to another. Explore the Trendline➔
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    Trendline

    Digital 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
  • PayPal's Zettle point-of-sale terminal
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    Permission granted by Grace Nasri
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    PayPal brings Zettle terminal to US

    After launching the new terminal in Europe last year, PayPal is offering the point-of-sale equipment now for small businesses in the U.S.

    By Tatiana Walk-Morris • Oct. 17, 2022
  • Klarna payments.
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    Courtesy of Klarna
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    Affirm gains, Klarna slips in Q3

    As buy now-pay later providers vie for holiday shoppers, Affirm's third-quarter market share increase showed it's gaining as Klarna's growth stalled.

    By Caitlin Mullen • Oct. 14, 2022
  • Patrick and John Collison, Stripe co-founders
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    Permission granted by Stripe
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    Stripe CEO praises European regulation over US

    Patrick Collison, who founded the company with his brother, gave an edge to the European Union in creating a regulatory regime where fintechs are thriving.

    By • Oct. 13, 2022
  • Businessperson talks with colleagues during a meeting
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    Tips from Mastercard-backed fintech founders

    As the startup environment shifts, founders of fintechs that have received support from Mastercard shared their thoughts on culture, evolving technology and embracing the unknown.

    By Caitlin Mullen • Oct. 13, 2022
  • A man and woman looking at receipts inside a cafe
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    Getty Images
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    Opinion

    Reduce cyber risk as digital bill payment options expand

    “Not all payment platform companies are managing operational and security as judiciously as they could, and that will eventually result in costly payment failures, customer friction, or potentially a breach,” writes PayNearMe Vice President Tim Murphy.

    By Tim Murphy • Oct. 13, 2022
  • Michael Barr
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    Column

    4 takeaways from Michael Barr’s DC Fintech Week speech

    The Federal Reserve’s vice chair for supervision stressed caution for banks’ ties to crypto and spotlighted how stablecoins differ from other digital assets.

    By Dan Ennis • Oct. 13, 2022
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    Will Toast achieve profits next year?

    Restaurant payments company Toast may be on a path to profitability by the third quarter of next year, Mizuho Americas analysts predicted this week.

    By Caitlin Mullen • Oct. 12, 2022
  • Exterior of a black and gray Hollister storefront.
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    Cindy Ord / Stringer via Getty Images
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    Hollister app lets teens shop, parents pay

    The Abercrombie & Fitch Co. brand released the Share2Pay function based on company data about customer pain points.

    By Dani James • Oct. 11, 2022
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    Jack Taylor / Stringer via Getty Images
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    Another crypto CFO exits

    Brian Roberts is the latest in a series of finance executives stepping down from the chief financial officer seat at cryptocurrency companies.

    By Elizabeth Flood • Oct. 11, 2022
  • Money currency exchange business in Iraq.
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    Getty Images
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    Cross-border payment plays rev up

    The Clearing House, Swift and rivals are jostling to speed up cross-border payments, with collaboration and competition likely to emerge at an international conference this week.

    By • Oct. 10, 2022
  • A picture of an Uber Mastercard
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    Courtesy of Uber
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    Uber adds debit card, instant deposit for drivers

    Uber’s new debit card will provide drivers up to 10% cashback on gas, 12% on EV charging and instant pay after completion of a ride or delivery. 

    By Aneurin Canham-Clyne • Oct. 7, 2022
  • standard ai
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    Retrieved from Standard AI press release.
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    Standard AI’s taps cameras with checkout-free tech

    The checkout-free company is looking to help its convenience store customers make more informed decisions on how to run their operations, CEO Jordan Fisher said.

    By Brett Dworski • Oct. 7, 2022
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    Courtesy of Tricia Harte
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    Big-name BNPL providers remain scarce in stores: report

    As spending shifts back to stores, retailers are side-stepping big-name buy now-pay later providers, such as Affirm and Afterpay, in favor of offering their own in-store options, a recent survey revealed.

    By Caitlin Mullen • Oct. 7, 2022
  • Businesswoman checks online invoice
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    Opinion

    Future of B2B payments lies in embedded finance

    “Unfortunately, the business-to-business market lags behind its B2C counterpart and is only just beginning to embrace embedded finance,” writes Melio COO Tomer Barel.

    By Tomer Barel • Oct. 7, 2022
  • evolve c-store
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    Retrieved from Hudson press release.
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    Checkout-free technology spreads at airports

    New frictionless convenience stores are coming to airports in Los Angeles and Dallas, continuing a trend that has gained steam since last summer.

    By Brett Dworski • Oct. 6, 2022
  • Several workers walking out of the front of PayPal offices
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    Justin Sullivan via Getty Images
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    PayPal acting CFO’s pay package hints at staying power

    The $2.5 million in equity grants PayPal is handing its interim chief financial officer are part of the kind of package typically given to long-term CFOs, executive search experts said. 

    By Maura Webber Sadovi • Oct. 5, 2022
  • Afterpay logo on a phone screen
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    Courtesy of Afterpay
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    Afterpay adds monthly BNPL option

    The Block-owned buy now-pay later provider is growing beyond its “pay in 4” plans by adding a financing option for pricier purchases.

    By Caitlin Mullen • Oct. 5, 2022
  • Person looks at mobile phone advertising buy now-pay later offer while online shopping
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    Getty Images
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    FTC issues warning on BNPL claims

    As buy now-pay later popularity has mushroomed, the companies offering the financing have attracted the attention of another regulator.

    By Caitlin Mullen • Oct. 5, 2022
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    Flickr Creative Commons
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    Warren report slams Zelle reimbursements

    The senator pushed to bolster a key CFPB rule after releasing a report tallying claims of fraud and scams on the P2P platform submitted by Truist, PNC, U.S. Bank and Bank of America.

    By Dan Ennis • Oct. 4, 2022
  • A person types on a computer with omni-commerce images over top
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    Getty Images
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    Fiserv adds data service for large merchants

    The payments processor’s new Carat point-of-sale offering aims to help big businesses optimize transaction data.

    By Caitlin Mullen • Oct. 4, 2022
  • Worker using point of sale system in coffee shop
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    Getty Images
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    Fintechs gain ground in merchant acquiring

    New businesses are far more likely to opt for integrated software vendors over legacy providers, McKinsey discovered.

    By Caitlin Mullen • Oct. 3, 2022
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    Spencer Platt via Getty Images
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    Affirm targets offline growth

    The buy now-pay later provider’s chief financial officer said this week its Debit+ card is a key part of Affirm’s strategy to push further into brick-and-mortar sales.

    By Caitlin Mullen • Sept. 30, 2022
  • grab and fly
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    Retrieved from Star Concessions website.
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    Convenience store turns to Just Walk Out tech

    Grab & Fly is the latest airport convenience store to use Amazon’s Just Walk Out technology, following a Hudson Nonstop store at Chicago Midway International Airport that debuted last summer.

    By Brett Dworski • Sept. 30, 2022