Technology: Page 92
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Peter Macdiarmid via Getty Images
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 -
Justin Sullivan via Getty Images
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 -
Explore the Trendline➔
Getty Images
TrendlineEmbedded 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 -
Sean Gallup / Staff via Getty Images
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 -
Courtesy of Richard Howson
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 -
Courtesy of Amazon
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 -
Dan Kitwood via Getty Images
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 -
Jack Taylor / Stringer via Getty Images
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 -
Anna Hrushka/Payments Dive
Deep DiveUS 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 -
Courtesy of Mastercard
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 -
Chris McGrath via Getty Images
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 -
Courtesy of Mastercard
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 -
Courtesy of Snapchat
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 -
Courtesy of Coinbase
Coinbase stock gets $250 reference price, and slow trading start
Nasdaq gave the Crypto exchange's new stock a reference price ahead of the start of trading today which creates a valuation of about $65 billion before any shares traded hands.
By Lynne Marek • Updated April 14, 2021 -
Business spend management tools gain traction during the pandemic
Despite the COVID-19 impact, expense management software companies can expect 10.5% compound annual growth through 2024, research shows.
By Vaidik Trivedi • April 13, 2021 -
Instacart and DoorDash expected to offer credit cards
Digital brand names increasingly seek to keep their customers through loyalty programs tied to the cards while generating alternative sources of revenue, industry analysts told Payments Dive.
By Vaidik Trivedi • April 12, 2021 -
Courtesy of https://corporate.walmart.com/photos/walmart-store-exterior-at-night
Walmart's fintech startup may take aim at payments
The litany of services "Hazel by Walmart" may offer includes multiple payment services, including credit card and debit cards, as well as prepaid card payment processing and electronic funds transfer.
By Dan Ennis • April 9, 2021 -
Rapyd targets Miami expansion as it eyes global growth
The company rolled out a $100 million promotion in the city last month, and it's starting to get some response.
By Matt Thibault • April 9, 2021 -
Retrieved from Mac Rumors on April 07, 2021
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 -
Courtesy of Coinbase
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 -
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 -
Courtesy of Podium Mr. Baetge
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 -
Deep Dive
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 -
Opinion
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
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