Wingstop opens cashless payments venue

The Dallas store will function as an innovation lab for new restaurant configurations and equipment as the chain pursues 100% digital transactions.

By Aneurin Canham-Clyne • Feb. 3, 2022

Local governments blaze the trail for crypto adoption

From New York City to Williston, North Dakota, some municipalities aim to integrate cryptocurrency into their operations, in part to attract tech-savvy businesses. But obstacles like fluctuating regulatory environments stand in the way.

By Karen Kroll • Feb. 3, 2022

Explore the 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

Blockchain startups landed record $25B in 2021

Investors showered blockchain companies with almost twice as much money last year as the prior six years combined, according to a report from research firm CB Insights. Meanwhile, regulations may be on the horizon for the blockchain-based technology cryptocurrency and payments businesses.

By Tatiana Walk-Morris • Feb. 3, 2022

Retail startup links with UST for checkout tech

Checkout technology provider UST Global is partnering with Georgia retail startup Nourish + Bloom Market to launch an autonomous grocery store concept with a plan to open some 500 locations.

By Sam Silverstein • Feb. 3, 2022

Fintech Amount buys Linear for $175M

Chicago-based banking technology provider Amount announced Tuesday that it has acquired Reston, Virginia-based Linear Financial Technologies, a small and mid-size business loan and account origination platform.

By Caitlin Mullen • Feb. 2, 2022

PayPal scraps account growth goal

The digital payments company shifted away from a plan to collect 750 million customer accounts by 2025, after reporting a fourth-quarter drop in profits and forecasting slower revenue growth this year. 

By Lynne Marek • Feb. 2, 2022

Revolut to offer 30-minute, fee-free remittances from US to Mexico

The British fintech is increasing and upgrading its services available between the U.S. and Mexico as overall remittances between the two countries rise.

By Robin Bradley • Feb. 1, 2022

Bolt CEO steps down after Twitter tirade

Ryan Breslow, founder of checkout technology startup Bolt, left his CEO post Monday, shifting to an executive chairman role. The move comes days after he attacked global payments fintech Stripe and startup accelerator Y Combinator on Twitter.

By Caitlin Mullen • Feb. 1, 2022

Fintechs won't replace traditional banking

"The biggest battle traditional banks face is customer satisfaction," says Galileo Financial Technologies Chief Revenue Officer Seth McGuire. "Digital-only and standalone digital options have sky-high satisfaction scores."

By Seth McGuire • Jan. 28, 2022

CFPB Director Chopra takes on tough payments issues

CFPB head Rohit Chopra is a visionary regulator to some, a breaker of norms to others. Now, as director of the Consumer Financial Protection Bureau, those monikers are coming into play as he takes a magnifying glass to key payments issues, including big tech interests in the industry, rising buy now-pay later companies and on-demand pay concerns.

By Jonathan Berr • Jan. 27, 2022

Diem to end crypto project, sell its tech to Silvergate Bank for $200M: report

The deal would effectively end Facebook’s circuitous 2½-year journey in the digital currency space — one fraught with pushback from the start.

By Dan Ennis • Jan. 27, 2022

Amazon plans suburban stores with grab-and-go tech

Like Amazon's urban Go locations, the suburban stores — slated to open in Washington and California — will feature the e-commerce giant's Just Walk Out frictionless checkout technology.

By Sam Silverstein • Jan. 27, 2022

Walmart buys into 'super app' services

The retailer's fintech startup said it will buy earned wage access facilitator Even and digital financial services company One Finance to help Walmart sell consumers a financial services "super app."

By Lynne Marek • Jan. 27, 2022

Stripe strikes deal with Spotify

The private payments company – one of the most valuable fintech startups in the U.S. – has teamed up with music streaming pioneer Spotify to enable podcasters to accept payments. It's the latest in a string of new partnerships.

By Caitlin Mullen • Jan. 26, 2022

Zip eyes Sezzle purchase as BNPL players consolidate

Australian-based BNPL company Zip has been on an acquisition tear and its latest target is Minneapolis-based Sezzle. As the biggest BNPL players in the world seek to grow, they're on the hunt for smaller rivals.

By Lynne Marek • Jan. 26, 2022

San Francisco startups vie for checkout dominance

In the crowded checkout technology space, startups Bolt and Fast are competing to become the company known for making the process smoother and speedier.

By Caitlin Mullen • Jan. 25, 2022

CEOs Sound Off: Fintechs press for open banking mandates

In 2022, CEOs whose companies touch payments are eager for regulators to move toward increased open banking in the U.S., to allow a framework for more sharing of consumer data. They believe it will drive innovation and enhanced financial services.

By Lynne Marek • Jan. 24, 2022

Fed's long-awaited CBDC report arrives

"While the existing U.S. payment system is generally effective and efficient, certain challenges remain," the Fed paper says. "A significant number of Americans currently lack access to digital banking and payment services."

By Jonathan Berr • Jan. 20, 2022

CFPB weighs in on earned wage access

The federal agency hinted this week that it will scrutinize earned wage access services and their fees to determine whether they're subject to lending laws. It also suggested it may revisit Trump-era policies regarding such businesses.

By Lynne Marek • Jan. 20, 2022

Experian debuting BNPL bureau later this year

The Ireland-based credit reporting agency said it's creating a designated bureau to handle real-time reporting of buy now-pay later data, as the installments trend becomes increasingly popular with consumers.

By Caitlin Mullen • Jan. 20, 2022

Payments pros demand top dollar in talent war

It’s become a “candidates’ market” with companies desperate to hire or retain payments executives and offering up to 30% premiums to lure professionals in short supply.

By Lynne Marek • Jan. 20, 2022

Walmart signals crypto, NFT plans with trademark applications

While plenty of companies are eyeing digital asset technology, a potentially large push from the big-box retailer could go a long way in spurring mainstream consumer adoption.

By Peter Adams • Jan. 18, 2022

B2B payments can be a pain. Here's why 2022 might be the year that changes.

The COVID-19 pandemic pushed the fast-forward button on payments innovation in the B2B space, and a crop of new technologies are set to make these payments faster and easier.

By Caitlin Mullen • Jan. 18, 2022

Grocery co-op to pilot frictionless shopping tech

Retail cooperative Wakefern Food is conducting the test at a New Jersey location in conjunction with Israeli computer vision startup Trigo, which is making its U.S. debut with the partnership.

By Sam Silverstein • Jan. 18, 2022

NMI purchases IRIS to expand merchant services

With extensive venture capital infusions from three investment firms, NMI is making acquisitions to expand its payments reach.

By Lynne Marek • Jan. 18, 2022