Facebook testing QR code for P2P payments

The new payment feature will allow Facebook users to send money to peers by scanning a QR code or a payment URL unique to each user.

By Vaidik Trivedi • April 8, 2021

Coinbase's direct IPO could be hard act to follow

"Coinbase will provide an avenue for companies to make an indirect bet on cryptocurrencies," Baker Botts attorney Sam Dibble said.

By Robert Freedman • April 8, 2021

Explore the Trendline➔

Top 5 stories from Payments Dive

The digital evolution of payments is roiling the industry, forcing companies to rethink pricing schemes and revamp corporate strategies. Embedded payments, earned wage access, real-time systems and other innovations will transform the business.

By Payments Dive staff

Buy now, pay later moves into professional services

The rise in popularity of BNPL isn't just a fad, but will stick around even after the pandemic subsides, Brandon Rembe, chief product officer at Envestnet-Yodlee, said. 

By Vaidik Trivedi • April 6, 2021

Podium launches hardware point-of-sale product for local businesses

The company, which facilitates payments via text and Facebook Messenger, now offers a POS device for businesses to collect and manage their payments. 

By Vaidik Trivedi • April 5, 2021

6 Payments trends for 2021

The pandemic accelerated emerging payments trends, as "both the merchant and customer side picked up pace to evolve with changing market conditions," Forrester analyst Lily Varon said. 

By Vaidik Trivedi • April 5, 2021

After digital payments rush, time to tighten security

Don't be surprised if a vendor you're about to pay turns out to be fraudulent. ACH and other types of cyber fraud surged during the pandemic. 

By Angela Anastasakis • April 1, 2021

Fraud picks up as the economy goes digital during the pandemic, studies find

Digital transactions are vulnerable to fraud with more than $1 trillion stolen in 2020 due to cybercrime, new research from Sift and FICO revealed.

By Vaidik Trivedi • April 1, 2021

NFL player and AI entrepreneur team up for NFT play

Tech entrepreneur Kenneth Kuo and Steelers linebacker Cassius Marsh created the firm Ownr to help pro athletes create, manage and sell non-fungible tokens, an increasingly popular digital asset stirring fan interest.

By Anthony Epling • March 31, 2021

COVID-19 accelerated need for real-time payments, report says

Mobile wallet adoption and a need for instant payments skyrocketed as the pandemic induced a change in consumer behavior and expectations, according to a recent ACI Worldwide study.

By Vaidik Trivedi • March 31, 2021

Visa expands payments network via Earthport acquisition

The company known for its credit and debit cards is building up its network to let payments happen without touching a card.

By Lynne Marek • March 30, 2021

Financial institutions were slow to protect customers from fraud, Stratifyd report says

Financial institutions were overwhelmed with fraudulent activities skyrocketing during the pandemic, according to the data analysis of Consumer Financial Protection Bureau customer complaints. 

By Vaidik Trivedi • March 30, 2021

Visa rolls out stablecoin pilot program with partner Crypto.com

Visa is diving into digital assets with a new credit card program that will settle partly with a stablecoin using the cryptocurrency Ethereum. 

By Lynne Marek • March 29, 2021

Fiserv looks to boost POS business through Pineapple Payments acquisition

Fiserv looks to boost its Clover POS system sales by tapping into Pineapple Payments existing customers.

By Vaidik Trivedi • March 29, 2021

Splitit brings installment payments to professional services globally

The company eyes global expansion of its BNPL services, and has partnered with the UnionPay International card network to expand its installment payment offering. 

By Vaidik Trivedi • Updated April 13, 2021

Major payments trade group shifts gears to work with Biden administration

Now, the focus is on how the Electronic Transactions Association can step up to aid the administration's stimulus and infrastructure programs, as opposed to a past concentration on privacy policy issues.

By Lynne Marek • March 26, 2021

Illinois digital asset charter bill falls short in spring session, persists for next round

The bill creating a special charter for digital asset trusts passed the House before adjournment last month, but still requires approval from the full Senate to become law. 

By Lynne Marek • Updated June 7, 2021

Tappit partners with Cincinnati Reds, San Diego Padres to bring contactless payments to MLB stadiums

Some venues are creating digital wallets, while others rely upon attendees to use their personal credit cards, or programs like Apple Pay. And other stadiums are providing fans the option to use a pre-paid debit cards.

By Anthony Epling • March 25, 2021

MicroStrategy CEO: Treasurers should buy Bitcoin as cash alternative to hedge inflation

Record stimulus is likely to stoke inflation, making Bitcoin an attractive backstop for corporate treasurers, according to Michael Saylor, who leads the business intelligence software company.

By Jim Tyson • March 24, 2021

No need to rush in creating a federal digital dollar, Fed chair says

Federal Reserve Chair Jerome Powell insists on Congress's approval before proceeding with a central bank digital currency. Meanwhile, the Senate's new banking panel chair is calling for faster action.

By Dan Ennis • March 24, 2021

Jumio lands $150M from private equity firm Great Hill Partners

The company focuses on B2B services, using digital identity verification tools including biometrics, computer vision, big data and machine learning to verify account-holders' identity and thwart fraud. 

By Lynne Marek • March 23, 2021

Ultrasound payment authentication platform LISNR looks to raise capital, partners with Shuttl

Backed by Visa, the company has raised $40 million since its 2012 inception and will continue to fund its growth in the payments authentication landscape, LISNR's CEO Eric Allen told Payments Dive.

By Vaidik Trivedi • March 22, 2021

Stripe faces building pressure for a go-public strategy

Stripe's Irish co-founder brothers will be balancing management, investor and banker views in deciding the best path to fund the company's future.

By Lynne Marek • March 22, 2021

Mastercard partners with Riot Games, fans use cards for in-game transactions

Players who use a Mastercard credit or debit card, and keep the card on file linked to their account, are automatically entered in sweepstakes for in-game currency.

By Matt Thibault • March 18, 2021

Fintechs Chime, Current beat legacy banks with stimulus check distributions

Meanwhile, customers criticized Wells Fargo and JPMorgan Chase over the weekend for slow distribution.

By Dan Ennis • March 15, 2021

Blockchain startup Spring Labs nabs former top OCC regulator for board

Brian Brooks, former acting head of the Office of the Comptroller of the Currency (OCC), will be its first independent director, though the company already counts several other former top federal officials as advisers.

By Anna Hrushka • March 15, 2021