Payments Dive

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Fed banks analyze consumer use of card promos

Payments Dive

New research from the Philadelphia and Boston Feds finds that consumers are cycling through low APR credit card offers.

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Afterpay extends reach beyond apparel

Payments Dive

The Block-owned buy now, pay later provider said its expansion is a response to younger consumers looking for new tools to manage inflation.

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FreedomPay doubles down on gateway focus

Payments Dive

The company, which provides point-of-sale payments and other technology services to merchants, isn’t interested in handling acquiring, said President Chris Kronenthal.

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Marqeta CFO touts EWA expansion

Payments Dive

The card-issuing fintech has seen adoption of its debit card-linked EWA product increase as hourly workers at Walmart and Uber have been added, CFO Mike Milotich said.

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Nuvei forms committee to evaluate ‘strategic alternatives’

Payments Dive

The Canadian payments company confirmed it’s in talks about a potential transaction with a third party, noting the committee will explore possibilities.

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JPMorgan to launch biometric checkout next year

Payments Dive

The bank’s payments unit plans to engage in more pilots this year before rolling out the checkout service broadly next year, said Prashant Sharma, JPMorgan’s executive director of biometrics and identity solutions.

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Visa spends ‘billions’ battling cybersecurity threats

Payments Dive

“We are all in an arms race to protect this ecosystem, to protect the network,” Visa CEO Ryan McInerney said at an investor conference last week.