Patrick Cooley

Cleveland

Award-eligible reporter for @PaymentsDive. Star Wars gif enthusiast. Alumni of AN Ohio State University. Mike Birbiglia retweeted me once. He/Him

Featured in: Favicon

themessenger.com Favicon

msn.com

usatoday.com Favicon

yahoo.com (+1) Favicon

bandcamp.com Favicon

usnews.com Favicon

chicagotribune.com Favicon

freep.com

al.com

thestar.com.my + 95 more

Articles

Pay-by-bank should offer perks: Deloitte

1 week ago | paymentsdive.com | Patrick Cooley

Pay-by-bank could dramatically alter the way we pay in the U.S. by decreasing costs for businesses and easing the payment process for shoppers, but the trick is getting consumers and merchants on board, according to a research paper published last month by the consulting firm Deloitte.
Klarna partners with Fiserv’s Clover

1 week ago | bankingdive.com | Patrick Cooley

Buy now, pay later company Klarna has signed a deal with Fiserv-owned point-of-sale service provider Clover to offer installment loans at some U.S. merchants. The deal initially includes 100,000 merchant locations, Milwaukee-based Fiserv said in a news release Tuesday on its website, with a larger rollout scheduled for early 2026. The payment options available at those merchants as a part of the deal will include immediate debit payments and interest-free installment loans, the release said.
Klarna partners with Fiserv’s Clover

1 week ago | paymentsdive.com | Patrick Cooley

Buy now, pay later company Klarna Group has signed a deal with Fiserv-owned point-of-sale service provider Clover to offer installment loans at some U.S. merchants. The deal initially includes 100,000 merchant locations, Milwaukee-based Fiserv said in a news release Tuesday on its website, with a larger rollout scheduled for early 2026. The payment options available at those merchants as a part of the deal will include immediate debit payments and interest-free installment loans, the release said.
Credit card 90-day delinquencies rise to record: report

1 week ago | paymentsdive.com | Patrick Cooley

The percentage of all credit card accounts in the U.S. that were past due by 90 days, or more, climbed to a 12-year high in the fourth quarter last year, according to the Federal Reserve Bank of Philadelphia. Nonetheless, those delinquent borrowers made up less than one percent of all credit card accounts. The Fed bank put 0.9% of credit accounts in that past-due category, based on its quarterly survey of credit card data.
Shift4 CEO grilled by senators on Musk, SpaceX ties

2 weeks ago | paymentsdive.com | Patrick Cooley

The friendship and business ties between Shift4 CEO Jared Isaacman and billionaire entrepreneur Elon Musk drew close scrutiny from Democratic senators during a hearing Wednesday on Isaacman’s nomination to head NASA. Democrats grilled Isaacman on his connections to Musk, who has led an effort under Republican President Donald Trump to slash federal spending and remake the government.
Fiserv acquires Australian payment facilitator Pinch

2 weeks ago | creditandcollectionnews.com | Patrick Cooley

A week after saying it would launch its Clover point-of-sale service in Australia, the payments giant Fiserv disclosed Monday that it has acquired Australian payment facilitator Pinch Payments. Pinch was founded in 2017 and serves about 2,000 merchants in Australia and New Zealand, according to a news release from Fiserv on the acquisition. The Australian company is known for its management platform Glassbox, the release said.
Fiserv acquires Australian payment facilitator Pinch

2 weeks ago | paymentsdive.com | Patrick Cooley

A week after saying it would launch its Clover point-of-sale service in Australia, the payments giant Fiserv disclosed Monday that it has acquired Australian payment facilitator Pinch Payments. Pinch was founded in 2017 and serves about 2,000 merchants in Australia and New Zealand, according to a news release from Fiserv on the acquisition. The Australian company is known for its management platform Glassbox, the release said.
Fiserv says US trade war could harm demand

2 weeks ago | paymentsdive.com | Patrick Cooley

Trump administration tariffs imposed on U.S. imports and reciprocal tariffs placed on American exports could hurt demand for Fiserv’s payment processing services, the company warned shareholders in its annual report for 2024 filed last week. The company’s hardware — point-of-sale devices consumers use to pay at merchant counters — is largely manufactured overseas, the payments processing giant said Wednesday in the report filed with the Securities and Exchange Commission.
Stripe seeks Georgia special banking charter

2 weeks ago | paymentsdive.com | Patrick Cooley

The payments processing giant Stripe is the latest company to apply for a special purpose banking charter in Georgia. Stripe’s application was accepted on March 31, Georgia Department of Banking and Finance spokesperson Bo Fears said in an email Monday. San Francisco-based Stripe is likely to learn by July whether the state grants its charter request. “Pursuant to our rules, the timeframe to act on an accepted application is 90 days,” Fears said.
Amex says it stopped using diversity goals to set pay last year

3 weeks ago | hrdive.com | Patrick Cooley

• None to vote down two shareholder proposals , one involving diversity incentives and another involving advertising, saying both are unnecessary, according to a proxy statement filed with the Securities and Exchange Commission on March 14. • The conservative National Legal and Policy Center is pushing a proposal to have Amex reconsider financial incentives for executives who meet certain diversity, inclusion and equity goals, the proxy filing proposal said.