B2B: Page 3
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Q&A
Fiserv exec talks Carat competition, growth
Carat’s recent expansion of its relationship with customer Inspire Brands “is what ‘good’ looks like in many ways for us,” said Casey Klyszeiko, the head of Fiserv’s global commerce platform for large clients.
By Caitlin Mullen • Oct. 16, 2023 -
Cash use falls as instant payments gain ground: McKinsey
Global cash use declined four percentage points last year, continuing a pandemic-era trend, consulting firm McKinsey said in a recent report.
By Debbie Carlson • Oct. 13, 2023 -
Check use persists in B2B, despite digital acceptance
Although roughly 99% of vendors surveyed accept ACH payment, the share of payments made via check was neck-and-neck with that for ACH this year, according to a MineralTree report.
By James Pothen • Oct. 12, 2023 -
Orum uses FedNow to launch account verification tool
The service, built on top of the Fed’s instant payments network, allows customers to verify a bank account within 15 seconds before sending a payment, Orum said.
By James Pothen • Oct. 10, 2023 -
Payments conferences to consider for 2024
Payments professionals will have plenty of choices when contemplating conferences to attend next year. The hard part will be choosing which to attend. Here are our staff picks.
By Lynne Marek • Oct. 9, 2023 -
Senate bill would let small businesses use SBA loans to cover fintech fees
The Financial Technology Association is backing a bill that would clarify that loans made through the Small Business Administration’s flagship lending program can be used to pay for fintech services.
By Anna Hrushka • Oct. 5, 2023 -
Modern Treasury CEO targets bigger customers
The digital payment services company brought on a chief revenue officer last year to better serve larger companies, according to CEO Dimitri Dadiomov.
By James Pothen • Sept. 27, 2023 -
JPMorgan taps Gusto to offer embedded payroll
Chase Payment Solutions’ small and medium-sized business customers can use Gusto to combine the payroll process with financial operations.
By Rajashree Chakravarty • Sept. 21, 2023 -
Brex adds AI tool
Brex, which got its start by offering corporate credit cards to startups, is one of many software vendors racing to bet on artificial intelligence.
By Alexei Alexis • Sept. 19, 2023 -
Small businesses embrace digital payments
Small business owners envision a cashless future, according to card giant Visa, even as some legislators move to protect unbanked and underbanked consumers.
By Tatiana Walk-Morris • Sept. 17, 2023 -
Shopify integrates Buy with Prime feature
In a move that alters the companies' relationship, competitors Shopify and Amazon partnered to give Prime customers the payment option.
By Tatiana Walk-Morris • Sept. 6, 2023 -
AI fintech Stampli opens Austin office
The California company extended its presence to a third U.S. city and aims to expand its employee headcount by 40%.
By James Pothen • Aug. 29, 2023 -
Marqeta expands embedded finance clientele
Embedded finance accounted for over half of fintech’s new bookings in the first half of 2023, and it’s lining up more clients for the service.
By James Pothen • Aug. 25, 2023 -
PayNearMe partners with Dollar General
The deal increases PayNearMe's retailer footprint by one-third, bringing the ability to pay bills in cash to more Americans.
By Gabrielle Saulsbery • Aug. 24, 2023 -
Bill to compete with Intuit after partnership ends
“Intuit has decided to compete on payments rather than partner,” Bill CEO Rene Lacerte told analysts Thursday.
By Caitlin Mullen • Aug. 18, 2023 -
Splitit targets areas BNPL rivals have ‘underserved’: CEO
The installment payments company aims to more than double its B2B merchant sales volume by mid-next year, CEO Nandan Sheth said.
By Caitlin Mullen • Aug. 14, 2023 -
Toast CEO: Lessons learned from fee flub
“We learned a lot from this,” Toast CEO Chris Comparato said. “And there’s more questions we’re going to ask ourselves internally when we execute these types of pricing changes or structural changes moving forward.”
By Caitlin Mullen • Aug. 10, 2023 -
Marqeta lands Block contract extension
Fintech Marqeta extended its contract to provide services for Block’s Cash App card through 2027, although at a lower price.
By Caitlin Mullen • Aug. 9, 2023 -
Q&A
Fintech Wisetack bets on bank partnerships for growth
Wisetack, which recently teamed up with Citizens, seeks to add more large bank partners to handle the lending aspect of its pay-over-time offering for the services industry.
By Caitlin Mullen • Aug. 7, 2023 -
Stripe brings tax product to platforms, taps AI
The tool can help CFOs wade through a complicated tax compliance environment, easing the path to international growth, Stripe said.
By Grace Noto • Aug. 3, 2023 -
FIS, Fiserv revenue growth slows in banking
For both mega-processors, sluggish revenue in their banking segment is causing a drag on overall revenue growth.
By Lynne Marek • Aug. 2, 2023 -
Global Payments adds hybrid payment service for ISVs
The payments processor launched a service during the second quarter aimed at affording ISVs the benefits of being a payment facilitator without the drawbacks associated with such a designation.
By Caitlin Mullen • Aug. 2, 2023 -
Shopify taps Ramp to save on corporate expenses
E-commerce company Shopify is adopting more artificial intelligence by automating its corporate expenses through Ramp.
By James Pothen • Aug. 1, 2023 -
Q&A
ACI eyes FedNow for cross-border uses
In the future, FedNow will be part of the race to develop cross-border instant payment systems and use cases, said ACI Worldwide CEO Tom Warsop.
By Lynne Marek • Aug. 1, 2023 -
How Trintech arranged an acquisition from Fiserv
“The M&A market has had a lull, but for us this is the right time and we were able to find the right asset,” Trintech CFO Omar Choucair told CFO Dive.
By Maura Webber Sadovi • July 31, 2023