Technology: Page 69
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Fiserv expands restaurant reach with BentoBox purchase
The global payments processor said it would buy BentoBox to expand the reach of its Clover unit in servicing restaurants.
By Lynne Marek • Oct. 18, 2021 -
Courtesy of Coinbase
Coinbase sees single regulator, new framework for crypto supervision
The approach would keep companies from having to comply with several agencies, which are adapting old laws to new tech, and help maintain the U.S.'s status as a "shaper" of oversight, Coinbase said.
By Dan Ennis • Oct. 18, 2021 -
Explore the Trendlineâž”
ArtemisDiana via Getty Images
TrendlineCross-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 -
Billtrust makes $58M acquisition in Europe
The business-to-business software company aims to attract more European clients with the purchase of collections management software firm iController.
By Tatiana Walk-Morris • Oct. 15, 2021 -
Drew Angerer via Getty Images
PayPal takes stake in LatAm SPAC
The digital payments giant disclosed that it bought a minority stake in the SPAC rolled out this month by Latin American e-commerce behemoth MercadoLibre and venture capital firm Kaszek.
By Lynne Marek • Oct. 14, 2021 -
Courtesy of Google
SumUp spearheads US growth with $317M Fivestars acquisition
The acquisition of San Francisco-based Fivestars is central to SumUp's expansion strategy in the Americas and its global ambitions.
By Lynne Marek • Oct. 14, 2021 -
Tim Boyle via Getty Images
AvidXchange's IPO swells to $660M
The debut offering from the payments software firm AvidXchange ballooned this week when the company sold more shares than previously expected at top dollar.
By Lynne Marek • Updated Oct. 14, 2021 -
Dan Kitwood/Getty Images News via Getty Images
Half of CFOs plan to assess digital currencies for business: Gartner
“Sentiment towards digital currencies appears to be improving among finance leaders,” a Gartner researcher said.
By Jim Tyson • Oct. 13, 2021 -
Justin Sullivan via Getty Images
Andreessen Horowitz poaches Facebook digital wallet execs
Two executives who had been working on the Novi wallet project backed by Facebook will pivot to crypto investing for Andreessen Horowitz.
By Dan Ennis • Oct. 13, 2021 -
Cross-border payments competition heats up
Three bank-backed payments companies are attempting to increase the speed of cross-border payments, jumping into an arena teeming with fintech rivals.
By Lynne Marek • Oct. 12, 2021 -
Mark Wilson via Getty Images
Paytech firms outside US gain ground
Payment technology companies based outside the U.S. were big venture capital winners during the third quarter as funding soared to a new record, according to a report from research firm CB Insights.
By Lynne Marek • Oct. 11, 2021 -
Affirm, Sezzle buy now-pay later options arrive at Target
As the holiday season nears, the big retailer has tapped BNPL providers Sezzle and Affirm to give consumers more payment choices. The BNPL players are building their US profiles by gathering in more partners.
By Tatiana Walk-Morris • Oct. 8, 2021 -
Payment tech lifts construction venture funding
New venture funding for Built Technologies, which provides finance and payment tech for the construction industry, contributed to contech firms attracting $2.1 billion this year, a Construction Dive analysis has found.
By Sebastian Obando • Oct. 8, 2021 -
Green Dot sued after ditching $165M deal
The prepaid card company was sued by Republic Bank, which alleges Green Dot breached a contract to buy its tax refund processing unit.
By Dan Ennis • Oct. 7, 2021 -
Retrieved from Flickr/RikkisRefuge.
Rich payment startups target B2B market
Veem and Melio are among the fintechs bulging with new capital and taking aim at the small and mid-sized end of the trillion-dollar business-to-business payments market.
By Lynne Marek • Oct. 4, 2021 -
adobe.stock.com/rh2010
Sponsored by OnbeHow digital payments will help us build the new normal
To pave the way for the future of commerce, businesses need to accommodate a wider range of payment choices than ever before.
By David Josephs, President & Chief Operating Officer at Onbe • Oct. 4, 2021 -
Retrieved from Flickr/frankieleon.
Card critics call for credit routing scrutiny
One merchant group has opened up a new front in the battle against Visa and Mastercard, calling for more federal antitrust scrutiny of credit card routing.
By Lynne Marek • Oct. 1, 2021 -
Courtesy of Square
Square, TikTok tie-up will deliver fans to sellers
As part of the new partnership, TikTok users will be able to link to Square sellers' sites by clicking on videos and ads.
By Tatiana Walk-Morris • Sept. 30, 2021 -
Courtesy of PayPal
PayPal's Happy Returns partners with Staples
With the latest agreement in a series of retailer ties, 75% of Americans will reside within 10 miles of a Happy Returns location.
By Tatiana Walk-Morris • Sept. 29, 2021 -
Courtesy of Mastercard
Mastercard to launch new BNPL service
Mastercard is teaming with some of the biggest companies in payments, including FIS, Synchrony, Barclays and Marqeta, to launch a new buy now-pay later service next year.
By Lynne Marek • Sept. 28, 2021 -
Chip Somodevilla via Getty Images
ColumnDon't hold your breath for a US CBDC
Given the vast spectrum of American payment choices and slower U.S. digital advances, any central bank digital currency may be a long time coming.
By Lynne Marek • Sept. 27, 2021 -
Unsplash / Tech Daily
Square, PayPal mobile wallets attract funds
The payment companies have seen significant increases in the total amount of money stored on their mobile wallets, but individual accounts still hold relatively small sums.
By Lynne Marek • Sept. 24, 2021 -
Drew Angerer via Getty Images
Fed won't go it alone on CBDC
At a press conference Wednesday, Federal Reserve Chairman Jerome Powell emphasized the need for the Fed to work with Congress and the Biden Administration in moving ahead on any cental bank digital currency.
By Lynne Marek • Sept. 23, 2021 -
Courtesy of Toast Inc.
Toast raises $870M in IPO
Toast expects restaurants to increase technology spending to $55 billion by 2024, more than doubling the $25 billion spent in 2019.
By Julie Littman • Sept. 23, 2021 -
Retrieved from Mastercard annual SEC filing.
Mastercard Executive Chairman to exit
Mastercard's long-time leader Ajay Banga will retire at the end of the year, leaving the card company in the hands of new CEO Michael Miebach.
By Lynne Marek • Sept. 22, 2021 -
Chip Somodevilla via Getty Images
Treasury sanctions crypto exchange Suex to thwart ransomware
While more legal measures await international cybercrime, the U.S. government is sending interim messages to ransomware gangs.
By Samantha Schwartz • Sept. 22, 2021
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