Acquiring

One of the first forecasts for the upcoming 2023 holiday shopping period predicts that mobile devices will overtake desktop ones for e-commerce for the first time. Adobe Inc., in its Nov. 1-to-Dec. 31 holiday-shopping forecast, released Thursday, forecasts that U.S. online holiday sales will reach $221.8 billion, a 4.8% increase …

Location-technology vendor Mapbox launched MapGPT, an automobile-based voice assistant incorporating generative artificial intelligence. Among its features is an ability to process payments, starting in Japan with that country’s PayPay app. Stop & Shop and Food Lion have adopted a mobile shopping app from Peapod Digital Labs, an e-commerce technology developer for Ahold Delhaize …

Almost a year after vowing to make its PayPal- and Venmo-branded credit and cards available in Apple Wallet, PayPal Holdings Inc. has come through on that promise. With the move, announced Wednesday, eligible PayPal and Venmo cards can be added to Apple Wallet by tapping the “Add Debit or Credit” …

PayNearMe Inc. is beefing up the fraud-fighting capabilities of its MoneyLine iGaming and sports-betting platform via an integration with Accertify Inc., a subsidiary of American Express Co. The integration will enable iGaming and sports-betting operators to reduce fraudulent withdrawals from iGaming accounts by confirming an accountholder’s identity prior to a …

U.S.-based blockchain platform Ripple Labs Inc. said its unit in Singapore, Ripple Markets APAC Ltd, has received a Major Payments Institution license from Singapore’s Monetary Authority, enabling Ripple to go on providing regulated digital-payment token services in that country. Online grocery-delivery service Instacart said it will now accept payments from users through Medicare Advantage …

Solutions by Text is adding embedded bill-payment capabilities to its FinText messaging and payments platform. Consumers will now be able to pay bills through the FinText platform without leaving the platform’s Web site or mobile app, which creates a more convenient payment experience, the company says. Transactions will be processed …

Count one less competitor in the market for advanced point-of-sale technology at stadiums. Shift4 Payments Inc. has agreed to buy SpotOn Transact Inc.’s sports and entertainment business for $100 million in a move that beefs up Shift4’s position in the burgeoning stadium market and marks a retreat by SpotOn from …

The Federal Reserve said FedNow, its real-time payments service that launched in July with 35 banks and credit unions, now counts 108 participating institutions with 21 others providing liquidity and settlement services and 20 service providers. Kenneth C. Montgomery, the Federal Reserve Bank of Boston first vice president and chief operating officer who spearheaded …

Payments-technology platform Pidgin said it has agreed to provide real-time payments capability to retail and commercial account holders at Exchange Bank. AffiniPay LLC, a payments platform for professional-services firms, has sold its accounting-software unit, Soluno, to ActionStep, a provider of practice-management technology. Terms were not disclosed. The U.S.-based blockchain firm Coinbase Inc. announced it …

Visa Inc. is touting recent changes to how chargebacks that could be first-party fraud, also known as friendly fraud, are processed as potentially saving small businesses globally $1 billion in costs over the next five years. Expectations are that the streamlined process will increase merchants’ ability to provide more accurate …