Payments

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Abrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumers
Finance

Abrupt bankruptcy of financial middleman Synapse freezes bank accounts of tens of thousands of U.S. businesses and consumers

By Ken Sweet and The Associated Press
May 23, 2024
Fintech firm Payactiv—valued at over $500 million in 2020—is seeking a minority investor
Finance

Fintech firm Payactiv—valued at over $500 million in 2020—is seeking a minority investor

By
May 21, 2024
PE-owned AffiniPay is up for sale again—and the price tag could reach $2 billion
Finance

PE-owned AffiniPay is up for sale again—and the price tag could reach $2 billion

By
May 18, 2024
Global Payments wants $3 billion for AdvancedMD—but may have to settle for half of that
Finance

Global Payments wants $3 billion for AdvancedMD—but may have to settle for half of that

By
March 22, 2024
Anheuser-Busch InBev Bud Lite beer cans at a store in New York City
Retail

Multibillion-dollar Bud Light maker and Coca-Cola bottler publicly shamed for waiting months to pay U.K. suppliers

By
March 12, 2024
An aerial drone view of the city centre of Zurich
Finance

Zurich paid city employees double their monthly salaries. Now it wants that $200 million back

By Bastian Benrath and Bloomberg
February 27, 2024
Photo of a person using a credit card at a gas pump
Commentary

Congress could be about to give grocery stores and gas stations new payment options—but big banks are warning the savings will not be passed on to consumers and could mean the end of credit card rewards

By
February 13, 2024
The founder who launched the ‘Amazon of Latin America’ from a parking garage has transformed retail in the region—and earned himself $7 billion
Magazine

The founder who launched the ‘Amazon of Latin America’ from a parking garage has transformed retail in the region—and earned himself $7 billion

By
February 1, 2024
adyen app held on a smartphone
Tech

PayPal rival used by Uber and Spotify has lost so much market value in U.S. push that it’s cost its founders $2 billion this year

By
October 24, 2023
PARIS, FRANCE - MAY 24: John Collison, Co-founder and President of stripe, attends the Viva Tech start-up and technology gathering at Parc des Expositions Porte de Versailles on May 24, 2018 in Paris, France. The VivaTech exhibition in Paris brings together nearly 1800 start ups alongside the largest international groups. (Photo by Christophe Morin/IP3/Getty Images)
Success

Cofounder of $50 billion payments unicorn Stripe is embracing hybrid work: ‘We had all these remote tourists wash in during COVID, and that effect hasn’t fully disappeared yet’

By
October 19, 2023
Bolt CEO: ‘America’s FedNow service has much to learn from India’s breakthrough payments system’
Commentary

Bolt CEO: ‘America’s FedNow service has much to learn from India’s breakthrough payments system’

By
September 14, 2023
Zelle payment network interrupted for Chase Bank users in unexplained outage
Finance

Zelle payment network interrupted for Chase Bank users in unexplained outage

By
July 26, 2023
Payments startup Ramp adds 40 national currencies that can be exchanged for crypto
Companies

Payments startup Ramp adds 40 national currencies that can be exchanged for crypto

By
June 21, 2023
A person holding an iPhone next to a laptop
Finance

Apple’s new Goldman Sachs savings accounts excited savers with high interest rates—now some users are struggling to get their money out

By
June 2, 2023
A picture of Ryan Reynolds
Finance

A short-seller just went after the fintech company Ryan Reynolds has a stake in—and it’s not the first time

By
April 18, 2023

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