Vast Bank's new offering lures "crypto curious"

"Banks for centuries have been safe keepers and custodians of what people value," said CEO Brad Scrivner. "In today's world, that's now digital assets."

By Anna Hrushka • Oct. 22, 2021

Klarna delivers BNPL to WIX sellers

The Swedish buy now-pay later company adds the new Wix collaboration to a busy year of raising funds and buying startups.

By Tatiana Walk-Morris • Oct. 22, 2021

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

Is PayPal pining for Pinterest?

A reported $45 billion PayPal purchase of Pinterest would cap a big year for deal-making fueled by the payments industry. 

By Lynne Marek • Oct. 21, 2021

Goldman Sachs, AmEx debut corporate payments service

The investment bank partnership with the largest issuer of business cards aims to make payments easier and more efficient for institutional clients.

By Robin Bradley • Oct. 20, 2021

Stripe agrees to buy Recko

The payments fintech giant is buying Bangalore-based Recko to add more accounting capabilities to its quiver of financial tools for businesses. 

By Lynne Marek • Oct. 20, 2021

Ransomware activity soars, Treasury finds

The number of "suspicious activity reports" filed this year has already jumped 30% over the 2020 total, and the agency has tracked billions of dollars in bitcoin payments potentially linked to ransomware.

By Samantha Schwartz • Oct. 19, 2021

Retail groups urge credit swipe routing changes

Retail and merchant trade groups have long pressed policymakers for regulatory changes to reduce card interchange fees. Now, they're urging that routing of credit card transactions be regulated just as debit transactions already are. 

By Doug Kantor • Oct. 19, 2021

Celsius, Tether and the 'known known'

Lender Celsius' admission that Tether accepts crypto tokens in exchange for stablecoins should be a bombshell. Rather, it confirms a suspicion regulators held so strongly that they've already penalized Tether for it. Twice.

By Dan Ennis • Oct. 19, 2021

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

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

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

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

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

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

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

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

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

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

How 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

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

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