Technology: Page


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    Deluxe aims to add crypto

    The company better known for paper checks is preparing for increased consumer use of digital assets, with plans to add options for accepting crypto next year.

    By • Oct. 31, 2022
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    Permission granted by Banked
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    Sponsored by Banked

    Mitigating fraud in the payments industry

    Cybercrime countermeasures are essential to protecting private banking data. Here’s how fintech innovators can protect customer data.

    Oct. 31, 2022
  • Trendline

    Stablecoins enter the payments universe

    Stablecoins are gaining ground thanks to passage of the Genius Act, forcing companies to consider competitive strategies in the digital realm.

    By Payments Dive staff
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    Permission granted by Michelle Parke
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    Papaya builds cross-border payroll services

    The well-funded startup is taking on big clients and rivals in seeking to offer cross-border payroll payment services, with checks sent to workers in 72 hours.

    By • Oct. 28, 2022
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    Getty Images
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    Shoppers turn to installment payments for holidays: report

    Shoppers aim to stretch their budgets by trying installment payment plans and seeking discounts from retailers, according to a new report.

    By Tatiana Walk Morris • Oct. 27, 2022
  • Fiserv CEO Frank Bisignano
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    Eugene Gologursky / Stringer via Getty Images
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    Fiserv sheds Korea unit, plans move to Milwaukee

    After selling off three business units and taking other actions to “tighten spending” in the third quarter, Fiserv CFO Bob Hau expects cost improvement for the fourth quarter.

    By Caitlin Mullen • Updated Oct. 28, 2022
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    Anastasia Vlasova / Stringer via Getty Images
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    Ukraine raises fraud concerns, Stripe exec says

    The war in Ukraine raised the stakes for payment fraud detection, as bad actors devise more complex ways of evading oversight.

    By Suman Bhattacharyya • Oct. 26, 2022
  • Consumer Financial Protection Bureau Director Rohit Chopra standing at a podium on stage.
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    Lynne Marek/Payments Dive
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    CFPB aims to give ‘open banking’ rule teeth in 2024

    The bureau's chief, Rohit Chopra, laid out the timeline this week for a rule change meant to make it easier for consumers to break up with their banks.

    By Gabrielle Saulsbery • Oct. 26, 2022
  • Federal Reserve Governor Christopher Waller sits on a chair on stage.
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    Lynne Marek/Payments Dive
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    FedNow will be a ‘public utility model,’ Waller says

    The central bank governor equated the nascent system with an interstate highway on which private companies will provide "on-ramps" and "off-ramps."

    By • Oct. 26, 2022
  • Discover Financial CEO Roger Hochschild
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    Retrieved from Discover Spokesman Robert Weiss on December 14, 2021
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    Discover tightens underwriting

    Count the card company among those that added to credit loss provisions in the third quarter as economic conditions soured.

    By Caitlin Mullen • Oct. 26, 2022
  • Screenshots of Amazon mobile app showing how to add venmo as payment option.
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    Courtesy of Amazon
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    Amazon rolls out Venmo payment option

    The e-commerce giant’s new payment method was first teased in an announcement from Venmo owner PayPal last year.

    By Dani James • Oct. 25, 2022
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    Lynne Marek/Payments Dive
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    Column

    Fintechs party like it’s 2021 at Money 20/20

    Thousands of payments and fintech professionals at the Money 20/20 conference in Las Vegas this week are racing ahead with high-growth businesses, even as a drop-off in capital threatens to ruin the celebration.

    By • Oct. 25, 2022
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    Google Maps

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    Fiserv divestiture hints at strategy shift

    As payments companies face economic headwinds, Fiserv and its peers “may try to focus on their strongest market positions versus more ancillary opportunities,” said Oppenheimer & Co. analyst Dominick Gabriele. 

    By Caitlin Mullen • Oct. 24, 2022
  • Frank Bisignano, Fiserv CEO
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    Eugene Gologursky / Stringer via Getty Images
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    Fiserv sells SIS unit, Costa Rica operations

    The major payments processor agreed to sell an IT business unit and a Costa Rica division to Infinite Computer Solutions. They also entered a multiyear pact for the buyer to keep providing services.

    By Caitlin Mullen • Oct. 21, 2022
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    Getty Images
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    Ammo to launch its own online payments processing

    The Scottsdale, Arizona company said that bringing the payments aspect of transactions in-house, as opposed to using third parties, will allow it to reduce costs.

    By Jonathan Berr • Oct. 21, 2022
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    "Casino" by Antoine Taveneaux is licensed under CC BY-SA 3.0
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    JPMorgan doubles down on gaming firm tie

    The bank said it invested in the regulated gaming company Sightline Payments this week, following an agreement earlier this year to be the firm’s primary merchant acquirer.

    By • Oct. 21, 2022
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    Mario Tama via Getty Images
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    Earnings preview: Payments companies confront 3Q challenges

    Macroeconomic headwinds, consumer health and cost management are set to be topics of conversation during payments companies' quarterly earnings calls.

    By Caitlin Mullen • Oct. 20, 2022
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    Drew Angerer via Getty Images
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    PayPal user policy sparks Republican ire

    Congressional Republicans this week demanded more details from PayPal over a proposed user policy that threatened to take users to task over “misinformation.”

    By • Oct. 20, 2022
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    Permission granted by Mashgin
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    Advanced checkout tech surges at c-stores

    From self-checkout machines to checkout-free stores, the options for processing payments are expanding at retail venues. Here’s how retailers find the best fit.

    By Jessica Loder • Oct. 19, 2022
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    Federal Reserve. "FedNow Instant Payments". Retrieved from FRB Services.
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    Opinion

    FedNow may stumble without nonbanks, cross-border payments

    “In addition to cross-border payments, the benefits of FedNow must be widely available to Americans through competitive, diverse providers — including nonbanks,” writes a U.S.-based Wise executive.

    By Rina Wulfing • Oct. 18, 2022
  • Fiserv CEO Frank Bisignano
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    Ilya S. Savenok / Stringer via Getty Images
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    Analysts on lookout for Fiserv job cut costs

    With the company set to report third-quarter results next week, ongoing employee cuts have put severance expense under the microscope.

    By Caitlin Mullen • Oct. 18, 2022
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    Sean Gallup via Getty Images
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    PayPal launches cash-back rewards program

    The digital payments pioneer is trying to rope in customers with rewards via a new loyalty program, just in time for the holiday shopping season.

    By Tatiana Walk-Morris • Oct. 18, 2022
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    Green Dot
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    Green Dot fires CEO, postpones event

    The company terminated Dan Henry as its CEO on Friday, and postponed an investor event, even as its earnings guidance remained steady.

    By Anna Hrushka • Oct. 17, 2022
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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
  • 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