Monday , December 16, 2024

John Stewart

Starting as an editor on Bank Network News at Faulkner & Gray, John ultimately played a key role in starting, editing, and publishing many of F&G's flagship publications, including Credit Card Management, Card Technology, Card Marketing, and Collections & Credit Risk. Before co-founding Boland Hill Media, John was a group publisher at Thomson Media responsible for a $10 million division embracing magazines, newsletters, and Web sites.

Amazon Gets Aggressive Against Visa in the U.K., But It May Need Allies

In the latest battle of the titans over credit card interchange, Amazon.com Inc. may enjoy the advantage of size but could be pursuing a risky strategy unless other retailers line up with it, according to a long-time observer of transaction-pricing dustups. The massive online merchant on Wednesday said it will …

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Square Extends Its Marketing Tools to Sellers in Canada As Markets ‘Return to a New Normal’

One of Square Inc.’s priorities these days is to sell its point-of-sale and online technology to merchants larger than the small shops it started with and still largely serves, but that doesn’t mean the San Francisco-based company is neglecting new opportunities with that small-merchant base. One such opening lies in …

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Look for a Fast Expansion of In-Car Payments Over the Next Five Years, Juniper Says

One of the most prominent examples of the so-called Internet of Things is the ability to make payments from the dashboard of a car, no mobile device needed. And now a forecast has arrived indicating the number of such transactions worldwide will balloon from 87 million this year to 4.7 …

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Wallet Weakness Hammers Paysafe As It Reports Progress in North American Online Gaming

Regulatory changes in its European market have hammered Paysafe Ltd.’s digital wallets, chopping the company’s quarter-to-quarter payments volume and revenue and forcing its top executives to spend a good deal of time Thursday morning explaining the impact to stock analysts. “We are facing challenges in our digital-wallet business. It’s performing …

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A Fast-Growing Affirm Looks to Supercharge Its Expansion With an Exclusive Amazon Deal

Buy now, pay later powerhouse Affirm Inc. will be the exclusive provider of BNPL services for Amazon.com until the end of January, 2023, under a deal Affirm announced Wednesday. Affirm will also be included as an option in Amazon’s wallet, Amazon Pay, according to the agreement. The agreement represents a …

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Shift4 Heralds Moves Into New Markets As It Sees End-to-End Volume Nearly Double

Payments processor Shift4 Payments Inc. announced early Wednesday a service outage at a major processor in August cost the company more than $22 million in payments to affected merchants. But it added the Allentown, Pa.-based company is plunging into a range of new markets with major clients including Allegiant Airlines, …

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PayPal Announces a Venmo Deal With Amazon And a Promising Launch for Its ‘Super App’

PayPal Holdings Inc. announced late Monday U.S. users of its Venmo wallet will be able to use Venmo on Amazon.com Inc.’s massive marketplace and on the Amazon shopping app in the U.S. market, starting in 2022. The news comes as the latest development in a long effort PayPal has engaged …

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Visa And Daimler Plan to Bring Strong Authentication Natively to the Dashboard

Digital payments have been moving to the automobile dashboard for some time, and now the latest development is user authentication. Visa Inc. and the big automaker Daimler AG are planning to launch so-called native in-car payments starting next spring, according to an announcement early Monday. The new capability will replace …

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A Diverse Array of Payment Methods, Plus M&A, Help Vault Paya to a 28% Jump in Volume

Hyper growth in e-commerce has lifted many processors over the past 18 months, but some are also benefiting from a diverse array of payment methods and clients. This group includes Paya Holdings Inc., which Friday morning reported a nearly 28% year-over-year increase in payment volume for its third quarter ended …

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An Ambitious Square Sets Priorities to Reach Bigger Merchants And Expand Cash App’s User Base

In the face of an ongoing pandemic, Square Inc. late Thursday reported a record quarter for gross processing volume and made it plain its strategic priorities are to move upmarket to larger merchants and to expand the user base for its consumer product, Cash App. Recent moves include Square Invoices …

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