Jeff Yabuki will step down July 1 after 15 years as chief executive of Fiserv Inc. and will be succeeded by Frank Bisignano, who joined the company last year after it acquired First Data Corp., of which Bisignano was CEO, in a $22-billion all-stock deal. Yabuki, who is also Fiserv’s …

Observers have said before that the Covid-19 crisis is reshaping payments, but on Wednesday afternoon executives at PayPal Holdings Inc. made it clear they expect this shift to digital options to be permanent. “People don’t want to touch cash. They don’t want to touch screens. There’s going to be a …

Lockdowns and social distancing have been a gut punch for many payments businesses, but early Wednesday top executives at Atlanta-based processor Global Payments Inc. indicated the pain may be wearing off. “We’ve already seen stabilization in April,” chief executive Jeff Sloan said during a morning call with equity analysts. “We …

The three months ended March 31 were an eventful time for Apple Inc., as they were for most companies, but unlike many the company managed to largely contain the damage wrought by the Covid-19 pandemic. “We’ve seen our products take on renewed interest” in the wake of Covid-19 and the …

E-commerce sites have been beneficiaries of shelter-at-home policies, and on Wednesday eBay Inc. indicated its marketplace has been no exception. But growth was tempered by a downdraft in classified listings and a widening trend toward state Internet sales taxes, the company said. Meanwhile, eBay’s venture into running payments for sellers …

Since the onset of the Covid-19 pandemic, there has been much talk about managing exposure in stores and other public places with technology such as contactless payments. But now a company has launched mobile technology to help protect patients as well as caregivers from infection at the doctor’s office. The …

Payments fraud was already rising, and now experts predict increased online usage brought on by stay-at-home orders will only exacerbate the trend. While losses haven’t shown up yet, e-commerce activity taking place now is sowing the seeds of a dramatic jump in coming months. “Fraud is always a trailing activity,” …

A trend toward a near-total collapse in travel-and-entertainment spending helped drive down overall first-quarter card volume and discount revenue for American Express Co., the company reported Friday. “March was a very difficult month,” Stephen Squeri, AmEx’s chairman and chief executive, told stock analysts during a morning conference call. As with …

With consumers contending with the effects of the Covid-19 pandemic, rewards offered by the card networks could take on added importance. Blackhawk Network is counting on that, and has introduced a capability for mobile-phone users to add digital rewards to their Apple Pay, Google Pay, or Samsung Pay wallets. Working …

The nation’s largest issuer of store cards sounded a note of optimism Tuesday as the Covid-19 crisis continued to ravage consumer spending. “Believe it or not, there are deals in the pipeline [with merchants],” said Margaret Keane, chief executive of Synchrony Financial. “We’re not sitting back. We’re highly engaged.” Keane …