Payment Choice Act wins bipartisan backing

New Jersey Democrat Rep. Payne is trying to preserve cash as a form of payment and collecting support across the aisle, even as the possibility of a U.S. digital dollar gains traction.

By Lynne Marek • Nov. 23, 2021

Albertsons expands smart cart pilot

The carts act like self-checkout machines, with the computer vision system and barcode-scanner logging the products a customer tosses into the cart.

By Jeff Wells • Updated May 20, 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

Stripe CFO Suryadevara draws on challenges as GM CFO

Suryadevara has ventured into unfamiliar business terrain before, becoming GM treasurer with little prior knowledge of the role.

By Jim Tyson • Nov. 18, 2021

Sift acquires Keyless, adds $25M in funding

The fraud prevention company plans to use $75 million in new funding this year to hire more employees across engineering, sales and product positions.

By Tatiana Walk-Morris • Nov. 18, 2021

U.S. Bank to buy payments fintech TravelBank

After a yearlong partnership, the Minneapolis lender opted to buy the fintech outright, in a deal reportedly worth $200 million.

By Robin Bradley • Nov. 17, 2021

Ripple puts SEC on losing end in crypto regulation proposal

The company last week said the existing framework can be adapted to fit crypto and touted legislation that would de-emphasize the SEC's role in favor of the CFTC.

By Dan Ennis • Nov. 17, 2021

Podium raises $201 million, eyes expansion

After entering the payments business last year, the company says it’s on pace to process about $1 billion in transactions this year.

By Lynne Marek • Nov. 16, 2021

"The check is not dead," Deluxe CEO says

The long-time check printing company still relies on that business for a third of its business, but it's creating a host of other services, mainly for small and mid-sized companies, CEO Barry McCarthy says.

By Lynne Marek • Nov. 12, 2021

CFOs opt for digital payments during pandemic

Digital payments have grown in popularity because of their role in helping ensure a healthy balance sheet, a survey of some 400 CFOs revealed.

By Jim Tyson • Nov. 11, 2021

Affirm reports better outlook, sidesteps Peloton question

The BNPL payments company provided a brighter sales and revenue forecast for the fiscal year, but it skirted a question about the impact of a gloomier outlook at its long-time big customer Peloton.

By Lynne Marek • Nov. 11, 2021

Payments trade group rebuts retailers

The Electronic Payments Coalition says it wants to set the record straight: "Expanding the Durbin Amendment would be a disaster for consumers and small businesses."

By Jeff Tassey • Nov. 11, 2021

Crypto creeps into the checkout line

Payments firms are betting on crypto's growth as an asset class to fuel crypto adoption at checkout.

By Suman Bhattacharyya • Nov. 10, 2021

CFPB's hard line with payments industry may be a hint of things to come

Six of the biggest tech companies in the US are stepping up to meet the demands of the CFPB's new head, Rohit Chopra, regarding their payments practices.

By Jonathan Berr • Nov. 8, 2021

Toomey cautions against proposal to regulate stablecoin issuers as banks

"I think we have to really think long and hard before we put some onerous regulatory regime on a new technology," the Republican senator from Pennsylvania said.

By Anna Hrushka • Nov. 8, 2021

The immediate danger of cyberlockers

Explore the right tools and expertise to stay in compliance and eliminating critical in your merchant portfolios.

Nov. 8, 2021

Payments heads toward record venture funding year: CB Insights

Payments startups are sopping up what's likely to be a record amount of venture capital this year, as the industry collects money that's transforming the financial sphere.

By Lynne Marek • Nov. 5, 2021

First Internet Bank to expand into payments with $80M First Century purchase

First Internet CEO David Becker said First Century’s payments business will be a key source of revenue going forward.

By Anna Hrushka • Nov. 3, 2021

Regulators eye bank-like oversight for stablecoin issuers

Stablecoins can support beneficial payments options, Treasury Secretary Janet Yellen said, "but the absence of appropriate oversight presents risks to users and the broader system."

By Anna Hrushka • Nov. 3, 2021

Congress debates pros and cons of BNPL

Buy now-pay later users love the convenience but also are falling behind in their payments.

By Jonathan Berr • Nov. 3, 2021

Payments tech to draw $40B next year: Forrester

The research firm's 2022 outlook also anticipates IPOs for major payments players as well as increased use of digital wallets and QR codes.

By Tatiana Walk-Morris • Nov. 3, 2021

Early wage payments draw scrutiny

Companies that offer earned wage access, aka on-demand pay, have proliferated in the U.S. Now, legislators and regulators are targeting the industry for more oversight.

By Lynne Marek • Updated Nov. 4, 2021

Moneygram versus Western Union competition rises at Walmart

Moneygram executives blamed competition with Western Union for a drop in revenue from its walk-in money transfer business at Walmart stores.

By Lynne Marek • Updated Nov. 4, 2021

Amex rolls out first-ever debit card

The card company is making the debit card available to small- and mid-sized businesses in connection with a new checking account offering.

By Lynne Marek • Oct. 29, 2021

Fiserv loses big client identified as Stripe

The company told analysts on an earnings call that volumes were impacted by the exit of a "large processing client." Analysts identified that client as the mega-fintech Stripe.

By Lynne Marek • Oct. 28, 2021

Amex touts youthful spending

As the card company's marketing lures more cardholders, its executives are pleased to see new young customers outspending their elders.

By Lynne Marek • Oct. 27, 2021