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- The point-of-sale provider Helcim Inc. launched Smart Terminal, a handheld POS device aimed at smaller merchants.
- Under a new agreement, acquirer Sona said it will offer merchant services to businesses that are members of Vancity, said to be one of Canada’s largest credit unions. Sona was acquired last year by Celero Commerce.
- The law firm Bleichmar Fonti & Auld LLP announced it is investigating Olo Inc., a provider of restaurant payments technology, for what it calls “potential breaches of fiduciary duty to shareholders” in relation to the expected sale of the company to Thoma Bravo Discover Fund IV L.P. at $10.25 per share.
- Bilt, a payments and rewards platform for rent, mortgage payments, and other housing-related expenses, announced it is expanding its payments services and developing Bilt Card 2.0, expected to launch in February.
- Mastercard Inc. said it will host a 45-minute call Monday at 10 a.m. Eastern Time to discuss its strategy related to stablecoins and agentic commerce.
- Alchemy Pay, a Hong Kong-based payments platform, said it has acquired a money-transmitter license in South Carolina, bringing to 10 the number of U.S. states in which it has acquired an MTL.
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