Payments fintechs lure big bucks in first quarter, report says

The payments industry was a particular magnet for money during the first quarter, attracting more than $6 billion worldwide, a CB Insights report found. 

By Lynne Marek • May 5, 2021

Macy's workers win battle against mobile app purchases

The retailer can no longer use its Scan and Pay app in departments where employees make commissions, a labor arbitrator has ruled.

By Daphne Howland • May 4, 2021

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

Discover pitches identity theft protection services beyond cardholders

Discover is casting a broader net for customers of the service at a time when the COVID-19 pandemic has increased consumer demand for online protection, and put a damper on its mainstay credit card business.

By Anthony Epling • May 4, 2021

SoFi credit card to offer Bitcoin and Ethereum rewards

SoFi is the latest fintech to offer crypto-based credit cards after seeing an appetite for them in the market.

By Vaidik Trivedi • May 3, 2021

Google Pay to push promotions for Safeway, Target

The retailers are using the tech company's digital wallet to notify consumers about weekly specials.

By Sam Silverstein • April 30, 2021

Bitcoin will soon be accepted at most Landry's restaurants

The move to accept cryptocurrencies was "inevitable," Landry's CEO Tilman Fertitta told CNBC this week. The restaurant chain includes Morton's The Steakhouse, Mastro's, and The Bubba Gump Shrimp Co. 

By Alicia Kelso • April 29, 2021

Shopify revenue rises with increased online sales, e-commerce boom

The e-commerce giant expects online sales to subside as the economy opens up, but anticipates business will continue growing this year. 

By Vaidik Trivedi • April 29, 2021

Visa taps cryptocurrency to ratchet up revenue

Visa executives this week detailed a litany of ways they're looking for cryptocurrencies to build the card network company's business, a striking shift from a year ago.

By Lynne Marek • April 29, 2021

Fiserv benefits from SMB-business demand, pens PayPal pact

The payments processor has stoked small and mid-sized customer commerce with acquisitions over the past few years, including several in recent months, and will do the same with the new PayPal tie.

By Lynne Marek • April 28, 2021

Crypto firm Ripple Labs remains squarely in regulator's sights

The Securities and Exchange Commission pressed on with a new court filing against the blockchain payments company, despite a leadership change.

By Dan Ennis • April 27, 2021

DoorDash changes pricing, keeps some payments processing fees

The delivery company rolled out a new approach to commissions after restaurants complained about high third-party fees during the pandemic, and as some municipalities consider making temporary delivery caps permanent.

By Emma Liem Beckett • April 27, 2021

Gemini partners with Mastercard to launch crypto rewards card

The crypto card slated to launch this summer is gaining traction among users and has amassed 140,000-person waitlist.

By Vaidik Trivedi • April 27, 2021

TransUnion invests in blockchain startup Spring Labs

The investment can open doors for financial institutions that deal in huge swaths of consumer data to share information without sharing the underlying data, said TransUnion Senior Vice President Marko Ivanov.

By Vaidik Trivedi • April 26, 2021

52% of gas station merchants fall short of new chip card standard

Only about half of major fuel merchants expected to install new chip card technology on all their pumps by this month's deadline, but most had it on at least half their pumps, an ACI Worldwide survey found.

By Lynne Marek • April 26, 2021

IBM, Mastercard aid Saudi Arabia move toward cashless system

The U.S. companies' work for Saudi Arabia advanced the country's campaign to reduce cash transactions, even as some other countries refrain from efforts to do away with cash.

By Lynne Marek • April 22, 2021

Transit payment systems revamped for post-COVID commuters

Cities across the country are looking to revamp their transit payment channels to make ticketing simpler, faster and safer.

By Vaidik Trivedi • April 21, 2021

Amazon One palm payment tool expands to East Coast

The technology that lets a shopper pay with a hand scan linked to an Amazon Prime account or credit card has made its debut in NYC's Amazon Go store.

By Catherine Douglas Moran • Updated May 10, 2021

Marqeta partners with ShakePay to offer a crypto card

“Platforms that hold these assets are looking to get their customers to use them,” said Brandon Rembe, senior vice president at Envestnet's Yodlee unit.

By Vaidik Trivedi • April 20, 2021

Gilded launches crypto payment platform

Companies can now pay up to 500 employees using digital assets like Ethereum with Gilded's new offering.

By Vaidik Trivedi • April 20, 2021

US mulls CBDC options in international race to advance payment systems

Bank Policy Institute's chief examines the benefits and drawbacks of various central bank digital currency models, and how they would affect payment systems.

By Anna Hrushka • April 20, 2021

Mastercard to acquire Ekata in $850M transaction

Mastercard said it expects to close on the acquisition within six months, and is still assessing how its ownership might affect that company's Seattle operation.

By Lynne Marek • April 19, 2021

Semafone partners with Avaya on payment security

Companies are developing secure payment channels for over-the-phone transactions as call centers pivot to homes and digital transactions pick up pace.

By Vaidik Trivedi • April 19, 2021

Tipalti, BlueSnap target trillion-dollar middle market

The two payments companies with cross-border capabilities see opportunity in the middle-market because few businesses in that segment have digitized their financial operations.

By Lynne Marek • April 19, 2021

Acima, Mastercard team up to offer lease-to-own payment cards

Acima's new offering will allow consumers with low credit ratings to lease products, pay them over time and own products outright at the end of the payment cycle. 

By Vaidik Trivedi • April 16, 2021

Wage wins $5M Google-led investment on verification play

The company is building out its verification system for payroll companies that work with big brands, including Delta Airlines, Amazon and Hyatt Hotels.

By Anthony Epling • April 15, 2021