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

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

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

Adyen targets North America for growth

Upstart Dutch payments processor Adyen is increasing its competition against FIS, Fiserv and Stripe on their home turf in the U.S.

By Lynne Marek • May 27, 2022

Crypto ad spend plummets as market crashes

The cryptocurrency market downturn has led marketing spend in this sector to plunge, especially after unprecedented highs seen during Super Bowl LVI.

By Sara Karlovitch • May 26, 2022

Weave teams with Sunbit for healthcare BNPL

With Sunbit, Weave can now add BNPL to its other services that help small businesses collect customers’ payments, including text to pay, digital wallets, wireless terminals and credit-card on file.

By Joseph Burns • May 26, 2022

CBDC poses threat to banks, trade groups tell Fed

A U.S. digital dollar would take $720 billion in deposits out of banks even if the central bank were to cap accounts at $5,000 per "end user," the American Bankers Association wrote in a letter.

By Robin Bradley • May 25, 2022

CEOs Sound Off: BNPL takes aim at healthcare, legal costs

Companies offering installment payment options for healthcare, legal and auto repair say that buy now-pay later options will satisfy growing consumer demand.

By Caitlin Mullen • May 25, 2022

Lower-income app users seek savings options

Low- and moderate-income households in the U.S. say they want savings products in their digital payment apps, a survey by the nonprofit Commonwealth revealed.

By Caitlin Mullen • May 25, 2022

Tag Heuer accepts crypto as payment

CEO Frédéric Arnault suggested cryptocurrency fluctuations are a risk companies will need to take on if they allow this form of payment.

By Dani James • May 24, 2022

Billtrust to stay on acquisition streak

Billtrust, which focuses on the accounts receivable side of B2B payments, has acquired two European companies in recent months and plans to continue snapping up other firms.

By Caitlin Mullen • May 24, 2022

Klarna revamps operations, cuts 700 employees

Klarna, a major buy now-pay later player and Europe's highest value fintech, has "re-evaluated" its business and made "really tough decisions" that include cutting 10% of its workforce, the CEO said.

By Lynne Marek • May 24, 2022