In a move to bolster its leading position in an increasingly difficult money-transfer market, The Western Union Co. announced Sunday it has a deal to acquire International Money Express Inc. for $500 million in cash. Better known as Intermex, Miami-based International Money Express has built a retail network of 100,000 …

Revenue from its stablecoin offerings grew smartly in the second quarter for cryptocurrency platform provider Coinbase Global Inc. against a backdrop of a tough digital currency market. New York City-based Coinbase reported Thursday that it posted $332.5 million in stablecoin revenue, up 38% from $240.4 million in the year-earlier quarter. …

Acquisitive merchant acquirer Payroc WorldAccess LLC has struck its latest deal, this time with a definitive agreement, announced Thursday, to acquire card-not-present payment processor BlueSnap Inc., which has seven offices around the globe. Financial terms of the deal were not disclosed. Payroc, based in the Chicago suburb of Tinley Park, …

Furthering its penetration into the transportation sector, PayNearMe Inc., a fintech that enables paying for online transactions with cash and other payment methods, on Monday said it has integrated its payments system with a business platform from Emotive Software Inc. for automobile dealers and independent lenders. The Emotive deal comes …

ATM producer and network-services provider NCR Atleos Corp. announced Monday that InComm Payments has adopted its ReadyCode application programming interface to enable cardless cash pick-ups at more than 23,000 U.S. ATMs. Atlanta-based NCR Atleos says ReadyCode-enabled ATMs are located inside retailers in 40 states. InComm, also based in Atlanta, provides …

Digital-publishing and -services provider Adobe Inc. this week announced two additions to its Adobe Commerce e-commerce package, including a new cloud-based service. And Bolt Financial Inc. unveiled its Bolt Connect service, which the company says will help online marketplaces onboard merchants faster and streamline operations. San Jose, Calif.-based Adobe introduced …

Building on its three-year partnership with the big entertainment promoter Live Nation in Canada, Block Inc.’s Square unit said Wednesday it will roll out point-of-sale payments at the new Rogers Stadium in Toronto, starting June 29. Rogers Stadium stands to become a major new seasonal transaction source for Square, which …

Stablecoins are the talk of the payments town, and some observers are questioning whether these new digital alternatives could undercut the core network businesses of Mastercard and Visa. Now, Mastercard Inc. has announced several initiatives it says will keep it in the thick of the growing stablecoin market. In a …

In a major expansion of its business south of the equator, merchant acquirer Shift4 Payments Inc. on Sunday announced it has struck a deal to acquire Smartpay Holdings Ltd., an Auckland, New Zealand-based processor with a growing presence in Australia. Smartpay has 40,000 merchants in the region. Center Valley, Pa.-based …

QorPay Inc. reported Thursday that it has integrated its payment technology with Visa Inc.’s Cybersource unit to provide new merchant-acquiring and security services to its business customers. Founded in 2019, Scottsdale, Ariz.-based QorPay is a payment facilitator and independent sales organization that works with several banks and a software company …