Blockchain company Ripple unveiled its Ripple CBDC Platform, technology supporting central banks, governments, and financial institutions in issuing central bank digital currencies. More than 90% of the world’s countries are at some stage of development toward a CBDC, according to the Atlantic Council. Matera, a U.S.-based instant payment and QR code technology …

Venture capital continues to flow to payments companies, which ranked among the top recipients of financial-technology sector funding in the third quarter, according to a new report. And credit-union services organization PSCU announced it will invest $100 million in its payments platform over the next three years. Sweden-based Klarna, a …

Churn is still the overarching theme in a dynamic market dominated by mobile options and eyeing digital currency. You can tell a lot about the dynamism of a market by how often its players turn over—how many new companies enter the market from year to year and how many fail …

  Will Graylin, a payments entrepreneur and former Samsung Pay executive, launched OV Loop, which includes two voice-activated messaging products, OV App and OV Pro. OV App includes OV Pay, a single-tap payment application under development with financial institutions. Online merchants that don’t process local currencies fail to consummate 6% …

The financial news has been full of dire stories about the beating tech stocks have been taking lately, but less well publicized is the action in private equity—specifically the creation of new payments-related unicorns. According to data from New York City-based CB Insights, which tracks private valuations, at least half …

The increasing commercialization of mobile payments is showing up in a proliferation of so-called Pays from a bevy of banks, tech companies, and merchants. Time was, a cutting-edge alternative-payment service involved entering card or bank-account details into a branded interface on a laptop computer. Mobile payments were nascent, held back …

The increasing commercialization of mobile payments is showing up in a proliferation of so-called Pays from a bevy of banks, tech companies, and merchants. Time was, a cutting-edge alternative-payment service involved entering card or bank-account details into a branded interface on a laptop computer. Mobile payments were nascent, held back …

After an active 2015 in which such prominent payments-industry firms as processor First Data Corp. and merchant acquirer Square Inc. completed initial public offerings of stock, 2016 saw little IPO activity by payment firms. But 2017 could be a different story, according to an analyst. The most notable new U.S. …

By John Stewart @DTPaymentNews It’s no secret the U.S. point of sale is undergoing perhaps the most extensive overhaul in its long and storied history, but now there’s evidence that a crowd of technology startups are sharing in the bounty that sweeping modernization is generating. Point-of-sale startups will likely reap …

Venture funding for payments companies may have slowed dramatically in recent months, but that’s not the case across the board. Bitcoin and blockchain startups in particular uncorked a geyser of cash in the first quarter, with dollars invested totaling $173 million on 39 deals, according to data released this week …