Technology: Page 9

  • Bitcoin sitting on dollar bills
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    Dan Kitwood via Getty Images
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    Digital asset use could buttress financial inclusion

    While digital ledger technology could be used to reach unbanked or underbanked consumers, widespread adoption faces obstacles, a new report suggests.

    By Tatiana Walk-Morris • March 10, 2025
  • The dome of the U.S. Capitol is seen at night
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    Kent Nishimura via Getty Images
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    Senate votes to overturn CFPB big tech rule

    The Senate backed a resolution to overturn a Consumer Financial Protection Bureau rule that gave the agency oversight of big tech companies offering payment tools.

    By • March 6, 2025
  • Lock and credit card showing security theme Explore the Trendline➔
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    NatalyaBurova via Getty Images
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    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
  • After signing a series of executive orders and proclamations, Trump spoke to reporters about a range of topics including recent negotiations with Mexico on tarriffs.
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    Anna Moneymaker/Getty Images via Getty Images
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    Trump names coins in strategic crypto reserve

    Differing from prior calls for a national bitcoin stockpile, the strategic reserve will have bitcoin, ether, Ripple’s XRP, Solana’s SOL and Cardano’s ADA, according to the president’s Truth Social post.

    By Gabrielle Saulsbery • March 4, 2025
  • An image of a drive-thru digital menu board with a Taco Bell restaurant with white and purple paint in the background.
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    Courtesy of Taco Bell
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    PAR Technology fuels software strategy with acquisitions

    The company has pivoted to a software strategy, by buying up other companies and building on its point-of-sale hardware beginnings.

    By • March 4, 2025
  • Male mechanic works on a car engine at an auto repair shop.
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    SimonSkafar via Getty Images
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    Zip targets BNPL services at everyday purchases

    New partnerships focused on common consumer transactions recently allowed the Australian buy now, pay later company to boost revenue in the U.S. market.

    By • March 4, 2025
  • Fiserv's headquarters in Milwaukee
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    Permission granted by Fiserv
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    Q&A

    Fiserv exec talks real-time payments and challenges

    Matt Wilcox, president of digital payments solutions for Fiserv, discussed the company’s plans for making real-time payments ubiquitous, and the hurdles to reaching that goal.

    By • March 3, 2025
  • Graphic of phone with keyboard in the back
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    Permission granted by Sezzle
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    Sponsored by Sezzle

    Beyond BNPL: How Sezzle’s growth signals an evolution of digital payments

    BNPL is evolving, and Sezzle is leading the way. Fueled by a strong Q4, Sezzle expands digital payments to meet consumers where they are—flexibly and responsibly.

    By Erin Foran • March 3, 2025
  • Tents situated on a college campus behind a walkway with people.
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    George Calvelo via Getty Images
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    Flywire cuts 10% of workforce, undertakes strategic review

    The payments software company is paring its workforce after a drop in demand in its education vertical. It's also undertaking a comprehensive review of operations.

    By • Feb. 28, 2025
  • Shot of a young woman relaxing on the sofa and using a credit card with a digital tablet
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    gradyreese via Getty Images
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    NCR Voyix links with Worldpay, reports revenue drop

    The e-commerce payments company narrowed its losses last year, even as revenue declined. Now, it’s wooing restaurants and retailers through the new tie.

    By Tatiana Walk-Morris • Feb. 28, 2025
  • Four people sit at a long table with microphones in front of them, with a crowd of people seated behind them, in a Congressional building.
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    Kayla Bartkowski / Staff via Getty Images
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    Democrats needle McKernan at nomination hearing

    Given recent turmoil at the CFPB, Sen. Elizabeth Warren said Jonathan McKernan – nominated to lead the agency – seems “lined up to be the No. 1 horse at the glue factory.”

    By Caitlin Mullen • Feb. 27, 2025
  • Booth and sign for Federal Reserve payments services at Nacha conference in May 2024.
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    Lynne Marek/Payments Dive
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    FedNow boosts send option to $1M

    Starting this summer, the Federal Reserve’s real-time payments system will let banks send payments up to $1 million, twice the amount of the existing limit.

    By • Feb. 27, 2025
  • A Klarna sign at a Charlotte Premium Outlets mall in Charlotte, N.C. on March 26, 2022.
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    Caitlin Mullen/Payments Dive, data courtesy of Industry Dive employee Caitlin Mullen
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    Gen Z uses BNPL more than credit cards, survey shows

    A J.D. Power survey of about 4,300 U.S. consumers found that more of them used buy now, pay later products than credit cards during the holiday shopping season last year.

    By • Feb. 27, 2025
  • Facebook Gift Cards
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    Courtesy of Facebook
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    Digital gift card provider Raise closes $63M round

    Cryptocurrency-focused investment firms and organizations poured capital into the gift card company that says it focuses on “blockchain-powered payments.”

    By Tatiana Walk-Morris • Feb. 26, 2025
  • PayPal headquarters building in San Jose
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    Justin Sullivan via Getty Images
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    PayPal CFO takes on COO role

    Jamie Miller added the new responsibilities as she teams with CEO Alex Chriss to give the digital payments pioneer a bigger role in commerce.

    By • Feb. 25, 2025
  • solo funds team
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    Permission granted by SoLo Funds
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    CFPB drops case against SoLo Funds

    The bureau’s lawsuit against the online lending platform – filed during Rohit Chopra’s tenure – “was wrong” and “the weaponization of ‘consumer protection’ must end,” the CFPB’s Acting Director Russ Vought said.

    By Caitlin Mullen • Feb. 24, 2025
  • Cash App logo lit in neon
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    Anna Webber via Getty Images
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    Block begins rollout of Afterpay on Cash App debit card

    The buy now, pay later product Afterpay became available to eligible cardholders in 20 states Tuesday.

    By • Feb. 21, 2025
  • Growing bar graph from US dollar banknotes
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    DavidLeshem via Getty Images
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    Opinion

    How stablecoins may extend US dollar supremacy

    “Dollar-based stablecoins such as USDT and USDC are traded all over the world at any time of the day, regardless of holidays, time zones, and whether markets are open or closed,” writes the CEO of an embedded finance company.

    By Bam Azizi • Feb. 20, 2025
  • Federal Reserve Governor Christopher Waller sits on a chair on stage.
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    Lynne Marek/Payments Dive
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    Waller sees stablecoins advancing in retail

    Stablecoins are seeping into payments at stores, but there are plenty of hurdles before they become widely used, according to Federal Reserve Governor Christopher Waller.

    By • Feb. 20, 2025
  • Man leans over laptop with head in hand looking at credit card.
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    Butsaya via Getty Images
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    Shame drives rampant underreporting of fraud

    Push-payment scams are at a "crisis level," consumer advocates at a Payments Dive virtual event said, with losses totaling perhaps more than 15 times what's reported.

    By Gabrielle Saulsbery • Feb. 19, 2025
  • The Federal Reserve building is seen January 22, 2008 in Washington, DC. People walk by.
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    Chip Somodevilla via Getty Images
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    Fed delays start of new Fedwire standard

    The central bank postponed a deadline for banks and credit unions to move Fedwire payments to the ISO 20022 format. That may also hold up a broader industry modernization effort.

    By • Feb. 19, 2025
  • Workers sit at computers on tables in a room, covering their faces with various objects.
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    Ezra Acayan via Getty Images
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    Payments players mull new approaches to fraud

    Google, Nacha, Early Warning Services and Truist are among the companies seeking to better protect the e-commerce ecosystem from push-payment scams.

    By • Feb. 18, 2025
  • A phone featuring the Facebook and Instagram apps.
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    Kenneth Cheung via Getty Images
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    How payment scams start on social media

    Bad actors contact consumers through social media and then persuade them to send money over payment platforms, a JPMorgan Chase payments executive said during a Payments Dive virtual event.

    By • Feb. 18, 2025
  • People standing at a booth in front of a conference booth with a placard that says 'FIS.'
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    Lynne Marek/Payments Dive
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    FIS acquires Demica, Dragonfly

    Fidelity National Information Services has been buying up businesses as it seeks to expand, especially in providing services to chief financial officers and in the digital arena.

    By • Feb. 13, 2025
  • Tampa, Florida, skyline is pictured at dusk
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    Sean Pavone via Getty Images
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    Wise to close Tampa office, cut 300 employees

    The fintech will shutter its Florida location in November, with layoffs starting in April. Wise will consolidate Americas teams in Austin, New York and São Paulo.

    By Rajashree Chakravarty • Feb. 12, 2025
  • Walmart app homepages on three phones.
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    Courtesy of Walmart
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    Opinion

    Payment tools proliferate, consolidation looms

    “The winners in this consolidation won't necessarily be the biggest players,” writes a checkout technology company CEO. “They'll be the ones who understand that consumers don't want more payment options — they want better ones.”

    By Justin Grooms • Feb. 12, 2025