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Tag: Technology


E-payment & Security, Technology

Mastercard lines up B2B payments partners

January 19, 2024

Via: Payments Dive

With its new healthcare payments service, Purchase, New York-based Mastercard aims to speed up the time for hospitals and other specialty providers to receive payment, a process that typically takes months to complete. Using virtual cards within Remedinet’s platform also […]


E-payment & Security, Technology

Visa debuts Web3 loyalty program

January 10, 2024

Via: Payments Dive

Visa’s collaboration with SmartMedia Technologies signals a deeper dive into the Web3 ecosystem, considered a decentralized, next-generation evolution of the Web. In addition to providing customers with digital wallets to store their loyalty rewards, the card network has previously integrated […]


E-payment & Security, Technology

Bank groups voice concerns with CFPB’s open banking proposal

January 5, 2024

Via: Payments Dive

The Consumer Financial Protection Bureau’s open banking proposal doesn’t go far enough to protect sensitive consumer financial data, the Bank Policy Institute and The Clearing House said in a comment letter submitted Friday. The CFPB, which closed its comment period […]


E-payment & Security, Technology

Canadian payments firms chart US growth

December 22, 2023

Via: Payments Dive

Two Canadian payments companies in different business-to-business spheres are plotting growth in the U.S. market next year. Versapay and Brim Financial, both based in Toronto, have already lured U.S. corporate customers, but are seeking to expand their clientele south of […]


E-payment & Security, Technology

Visa seeks majority stake in Mexico payments processor

December 15, 2023

Via: Payments Dive

San Francisco-based Visa has actively engaged in building out its international network over the past decade, and the company’s new chief executive, Ryan McInerney, is likely to continue spearheading that effort, given his past work building the brand globally. He […]


E-payment & Security, Technology

Senators keep pressure on PayPal, Block

December 14, 2023

Via: Payments Dive

U.S. senators put PayPal and Block on notice Thursday that they’re not satisfied with the companies’ responses to inquiries regarding how the companies reimburse customers involved in scams on their Venmo and Cash App payments apps, respectively. In a letter […]


E-payment & Security, Technology

Google Pay taps Affirm, Zip for BNPL

December 13, 2023

Via: Payments Dive

The small pilot of the services will mark the first time Google Pay is integrating BNPL options, a Google spokesperson said. It will kick off in early to mid-January and a full launch is planned for a few months later. […]


E-payment & Security, Technology

PayPal venture arm backs Israeli data privacy startup

December 6, 2023

Via: Payments Dive

Currently, the U.S. doesn’t have a comprehensive federal privacy law. Instead, companies in the U.S. face a patchwork of privacy laws and regulations at the federal and state levels. The U.S. data privacy landscape changed significantly with the emergence of […]


E-payment & Security, Technology

Amazon rolls out palm-based identity service for businesses

November 30, 2023

Via: Payments Dive

Amazon’s palm recognition and payment capability, introduced in late 2020, is currently in operation at hundreds of retail locations in the U.S., including Whole Foods Market and Panera Bread locations. The tech giant is also positioning Amazon One as a […]


E-payment & Security, Technology

Digital payments have increased restaurant tips. But is it backfiring?

November 22, 2023

Via: Payments Dive

Restaurant workers haven’t returned to the sector in the numbers that business owners hoped to see years after pandemic lockdowns. By 2021, many restaurant owners struggled to fill cook, line cook, server, bartender and manager positions. And though the number […]


Apps & Sites, Mobile Commerce

Pottery Barn launches new mobile app

November 15, 2023

Via: Retail Dive

Pottery Barn’s new app stands alongside its Pottery Barn Kids and Pottery Barn Teen apps currently on iOS, which it unveiled in January. The two apps offer similar services, including creating registries, viewing items in virtual rooms and paying for […]


E-payment & Security, Technology

DailyPay wage payments delayed due to Friday snafu

November 14, 2023

Via: Payments Dive

Earned access wage provider DailyPay experienced a service snafu Friday related to the Veterans Day holiday that deprived some of its users of access to their funds. Some workers who signed up for DailyPay access to their employer payments took […]


E-payment & Security, Technology

Breaking down buy now, pay later

November 9, 2023

Via: Retail Dive

Everyone’s buying now and paying later. At least that’s what the prevalence of BNPL buttons on online checkout pages would lead you to believe. Buy now, pay later is point-of-sale financing that allows consumers to make a purchase and pay […]


Apps & Sites, Mobile Commerce

TikTok Shop to offer authenticated handbags

November 9, 2023

Via: Retail Dive

In addition to handbags, Real Authentication also authenticates clothing, jewelry, eyewear, watches and shoes, according to its website. TikTok’s partnership with Real Authentication comes after the U.S. launch of TikTok Shop in September. With the e-commerce hub, TikTok merchants customize […]


E-payment & Security, Technology

Cross-border payment headaches burden consumers: Mastercard report

November 7, 2023

Via: Payments Dive

In a consumer and small business report issued last month, Mastercard zeroed in on cross-border payment headaches affecting consumers in the U.S. and other international markets as they transact between countries. The company’s survey research showed that consumers are grappling […]


E-payment & Security, Technology

PayPal’s new CEO promises improvements

November 2, 2023

Via: Payments Dive

PayPal’s new CEO, Alex Chriss, spelled out his priorities for making the digital payments company into a more profitable growth enterprise during a call with analysts on Wednesday, just weeks after taking the top post. Chriss said he’s walking in […]


Advertising & Marketing, Technology

Amazon upgrades ad suite with new data clean room, AI image generator

October 27, 2023

Via: Retail Dive

UnBoxed typically brings a deluge of news around Amazon Ads, and this year is no different. Announcements trickling out of the 2023 show see the e-commerce giant jumping on trends related to generative AI and data clean rooms, while also […]


Shipping & Fulfillment

Amazon tests two-legged, mobile robots

October 25, 2023

Via: Retail Dive

The news comes as CFOs have struggled to navigate an unusually tight labor market. Hiring soared in September by 336,000, exceeding predictions and validating recent signals from Federal Reserve policymakers that they plan to sustain high interest rates for a […]


E-payment & Security, Technology

CFPB unveils open banking proposal

October 20, 2023

Via: Payments Dive

The Consumer Financial Protection Bureau on Thursday unveiled its long-awaited open banking proposal, a rule it says will give consumers greater control over their financial data by requiring banks to share such data with third parties like fintechs. The rule […]


E-payment & Security, Technology

Payments funding slips further

October 18, 2023

Via: Payments Dive

For the first time in four quarters, the payments category didn’t lead the fintech pack when it came to money raised by startups during the third quarter. Globally, digital lending garnered the most venture funding in Q3, at $1.7 billion. […]