Startup Metropolis snags $167M to scale

Metropolis Technologies, which uses computer vision and machine learning for parking payments, plans to use the funding to scale, aiming to hire 500 workers by the end of the year.

By Caitlin Mullen • June 15, 2022

Grubhub adds instant pay option for delivery drivers

Food delivery company GrubHub will make an instant payout option available to its couriers, with an assist from PayPal and Visa, so drivers can deposit earnings to a debit card.

By Alicia Kelso • June 15, 2022

Explore the 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 expands BNPL payment options

PayPal is making a bigger move into buy now-pay later financing as competitors in that arena multiply. It will now offer a new monthly payment plan targeted at bigger purchases.

By Lynne Marek • June 15, 2022

Payments startups still gaining value, for now

Payments companies “led the pack in valuation increases” and had the biggest average increase in valuation, according to S&P Global Market Intelligence.

By Jonathan Berr • June 14, 2022

Payrailz gains traction in battle with big rivals

The six-year-old company said it expanded its client base by a third in the first quarter and will double last year’s count to 150 by the end of this year.

By Lynne Marek • June 14, 2022

PayPal strives to improve checkout

The company aims to improve the checkout experience for both merchants and consumers, with new services being tested this year, CEO Dan Schulman said.

By Lynne Marek • June 13, 2022

AffiniPay buys legal software firm MyCase

AffiniPay will link the acquired firm with its LawPay business. The two companies combined are expected to generate about $200 million in annual revenue.

By Caitlin Mullen • June 13, 2022

Don't count crypto out just yet

Cryptocurrency skeptics were undoubtedly delighted by TerraUSD’s collapse last month, but there are plenty of signs already this month that the crypto era is far from over. Maybe it’s just beginning.

By Lynne Marek • June 10, 2022

Chip cards rise 10% last year to 12B globally

That figure was the annual increase tallied this week by EMVCo as part of its work to streamline payment protocols for merchants and improve the security of their transactions.

By Tatiana Walk-Morris • June 10, 2022

Visa sees long runway with cash-to-card transition

For Visa, plenty of opportunity remains in cash-to-card digitization, offsetting any slowdown in consumer spending, CFO Vasant Prabhu said this week.

By Caitlin Mullen • June 9, 2022

Toast heats up restaurant payments competition

As Toast adds services, the Boston startup is taking business from larger rivals and fintech peers, analysts say.

By Jonathan Berr • June 8, 2022

Apple joins BNPL boom

Apple Pay Later will let users split the cost of an Apple Pay purchase into four equal payments over a six-week period, with no interest or fees. It will be available via the Mastercard network.

By Jonathan Berr • June 7, 2022

Foundation opines on crypto bill

The Stellar Development Foundation provided its take on this week’s bipartisan Senate bill to create a regulatory framework for cryptocurrencies.

By Robin Bradley • June 7, 2022

Customer satisfaction with card apps declines

"When it comes to delivering that level of personalization through high-touch digital channels, most banks and credit card providers are missing the mark," J.D. Power said in a new consumer survey report.

By Tatiana Walk-Morris • June 7, 2022

Circle K owner rolls out computer-vision checkout units

Alimentation Couche-Tard, which operates locations under the Circle K and Couche-Tard banners, plans to deploy Mashgin's technology across North America and Europe over the next three years.

By Sam Silverstein • June 6, 2022

Repay uses raises, retention packages to win workers

While some payments players have pared jobs, Repay CFO Timothy Murphy plans to continue hiring and said there's been "no slowdown in growth for our core markets."

By Maura Webber Sadovi • June 6, 2022

Why the creator economy is a smart partnership

The creator economy has become a global phenomenon overnight, and companies are paying close attention.

June 6, 2022

Block offers Apple tap-to-pay for merchants

Block wants to attract more business clientele as fintech firms experience economic volatility. Offering tap-to-pay on the iPhone advances that goal.

By Tatiana Walk-Morris • June 3, 2022

Stripe's legal ops chief aims to curb spending

The digital payments company’s legal team hopes to introduce more alternative fee structures to help gain more balance in outside law firm costs. 

By Robert Freedman • June 3, 2022

NMI aims to equip banks with modern payments tech

As banks try to fend off competition from fintechs in merchant acquiring and processing, payments gateway NMI aims to capitalize by offering to bolster their services.

By Caitlin Mullen • June 1, 2022

BNPL extends to gas, groceries

Buy now-pay later providers have made their financing services more available for everyday purchases, offering consumers a tool to deal with inflation.

By Jonathan Berr • June 1, 2022

Cross-border payments change as they rise: report

Consumers and businesses are more frequently using digital means to send payments around the world, according to Mastercard's second annual report on cross-border payments.

By Tatiana Walk-Morris • May 31, 2022

JPMorgan hires exec from PayPal to head fintech partnerships

Peggy Mangot joined the bank this month to lead a team responsible for designing and developing fintech partnership strategy at JPMorgan Chase's commercial bank.

By Anna Hrushka • May 27, 2022

CBDC, stablecoins, commercial bank money can coexist, Brainard says

The Federal Reserve vice chair, at a House Financial Services Committee hearing Thursday, also called for stricter regulation in the stablecoin space.

By Robin Bradley • May 27, 2022

Dollar General piloting self-checkout-only stores

The test will involve about 200 of the discount retailer's 18,000-plus locations and run throughout 2022, Chief Operating Officer Jeff Owen said Thursday during an earnings call.

By Sam Silverstein • May 27, 2022