Marketing

The regulated online sports-betting and casino market in the United States has exploded in recent years following the Supreme Court’s repeal of the Professional and Amateur Sports Protection Act (PASPA) back in 2018. This repeal put the power to regulate single-event sports betting in state hands, with many subsequently passing …

Consumers are spending significantly less on their primary credit cards, says J.D. Power’s 2022 U.S. Credit Card Satisfaction Study. Overall, credit card holders are allotting 42% of their monthly spending to their primary credit cards, down from 47% in 2021 and 2020, and down from 50% from 2019. That decline …

Adyen Inc., a long-time online payments provider, is further boosting its in-store payment acceptance options with the addition of two new point-of-sale devices. Both were designed by Adyen. Dubbed the NYC1 and AMS1 devices, they complement a suite of other POS terminals launched in January. The NYC1 device is designed …

For years, payments fintechs with a bank charter have labored under a requirement that, for money movement, deposit-taking, and other related services, they largely had to work with another federally chartered bank. This week, the nation’s top banking regulator announced an important change to its rules that could sweep away …

To help e-commerce merchants reduce shopping cart abandonment, Sezzle Inc. is partnering with customer platform provider Klaviyo. The deal will allow Klaviyo merchants to offer online shoppers a buy now, pay later loan when they abandon their shopping cart. Shopping cart abandonments are a nettlesome problem for e-commerce merchants, with …

E-commerce platform BigCommerce Pty. Ltd. is expanding its deal with installment-payment provider Affirm Inc. to now include merchants of all sizes. Additionally, the broadened deal affords merchants the ability to offer custom payment options, such as bi-weekly and monthly options for eligible customers on purchases ranging from $50 to $17,500. …

ATM traffic worldwide is on the rebound after two years of pandemic, but it will take years for cash withdrawal transactions to return to 2019 levels, according to “Global ATM Markets and Forecasts to 2027,” a report released this week by RBR, a London-based research firm. ATM activity declined in …

Technology startup BankiFi, which seeks to enable payments and banking functions for small businesses, announced it has received a $4.8 million investment to fund its expansion into North America. Praetura Ventures led the funding round.Focused Labs, a developer of custom payments software, said it has joined the Stripe Partner Ecosystem. Stripe Inc.’s …

The drive to encourage consumers to use cryptocurrency to pay for transactions at the point-of-sale shifted into a higher gear Wednesday as BitPay Inc. announced the launch of a cash-back rewards program for its prepaid card. Cardholders, who will be automatically enrolled in the rewards program, can earn up to …

The card-issuing platform Marqeta Inc. on Wednesday reported processing volume of $40 billion for the June quarter, a 53% increase over the same time last year, but the 12-year-old company also announced its founding chief executive is leaving that position. Jason Gardner, a well-known payments entrepreneur, said he will move …