Patrick Cooley

Cleveland

Reporter at Payments Dive

Just follow me on Bluesky https://t.co/tyknvoACK0

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Articles

Shift4 appoints new CEO

2 days ago | paymentsdive.com | Patrick Cooley

An article from The digital processor named Taylor Lauber to the post and appointed founder Jared Isaacman as executive chairman, a Thursday regulatory filing said. Published June 5, 2025 Shift4CEO Jared Isaacman Courtesy of Shift4. Shift4 CEO Jared Isaacman "Mr. Isaacman will remain an executive officer and Class I member of the Board," the filing said.
Why BNPL appeals to salons

3 days ago | bankingdive.com | Patrick Cooley

Salons and spas are increasingly offering buy now, pay later payment options to customers, according to an executive of Zenoti, which provides software and payment services to those businesses. BNPL brings in more customers and increases their spending in a business sector where final bills are measured in hundreds of dollars, said Wes Hawthorn, the company's vice president of fintech products.
Why BNPL appeals to salons

3 days ago | paymentsdive.com | Patrick Cooley

An article from The buy now, pay later option attracts more customers and leads to bigger spending, asserts a payments software executive. Published June 4, 2025 Zenoti provides software and payment services to salons and spas.
Shift4 CEO likely to keep post

4 days ago | paymentsdive.com | Patrick Cooley

Shift4 Payments CEO Jared Isaacman is expected to remain with the company now that he won't be running NASA, according to analysts who follow the payment processor. While the company had named Taylor Lauber as his replacement, that succession plan was only set to kick in if Isaacman shifted to NASA.
Pushpay targets church payment niche

1 week ago | paymentsdive.com | Patrick Cooley

The payments company Pushpay has a clientele that makes it stand out from its industry peers. Rather than processing purchases for for-profit companies, the Redmond, Washington-based firm handles donations to faith-based non-profits. Pushpay CEO Kenny Wyatt explained this month how the Redmond, Washington-based company moved to the U.S. and settled on this niche customer base after being founded by New Zealanders Chris Heaslip and Eliot Crowther in 2011.
Maryland passes EWA law

1 week ago | paymentsdive.com | Patrick Cooley

Maryland Gov. Wes Moore, a Democrat, has signed earned wage access legislation that triggered a months-long battle between fintechs who provide such services and consumer advocates. The new law, which takes effect Oct. 1, requires earned wage access providers to abide by the state’s consumer loan laws and institutes licensing regulations for such companies. It also mandates that the provider offer one “reasonable” no-cost option for employees seeking to use such services.
Remittance tax draws fintech pushback

1 week ago | paymentsdive.com | Patrick Cooley

A provision of the budget bill making its way through Congress that would impose an excise tax on cross-border money transfers has drawn opposition from fintech groups. The tax would be paid by consumers sending the money, but not by those who are U.S. citizens, according to the text of the May 20 House budget proposal. In a Tuesday press release, the American Fintech Council said it “expressed strong concern” about the tax in a letter to congressional leaders that day.
Fintech groups oppose state BNPL rules

1 week ago | bankingdive.com | Patrick Cooley

Fintech trade groups are pressuring New York officials to change buy now, pay later regulations which were implemented earlier this month, arguing that the rules are not appropriate for the buy now, pay later providers. As of earlier this month, the state requires buy now, pay later companies to disclose interest rates and fees upfront and develop a framework for returns and disputes.
Fintech groups oppose state BNPL rules

1 week ago | paymentsdive.com | Patrick Cooley

Fintech trade groups are pressuring New York officials to change buy now, pay later regulations which were implemented earlier this month, arguing that the rules are not appropriate for the buy now, pay later providers. As of earlier this month, the state requires buy now, pay later companies to disclose interest rates and fees upfront and develop a framework for returns and disputes.
Amex offers virtual card to small businesses

2 weeks ago | paymentsdive.com | Patrick Cooley

An article from Dive Brief The company has long provided the service to corporate clients, but this month started letting small business owners pay suppliers who accept Amex without a physical card. Published May 19, 2025 A sign showing the American Express logo is seen outside of a restaurant November 11, 2008, in Des Plaines, Illinois.