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- PAR Technology Corp. launched PAR Catering, a service to help restaurants build and manage their catering operations.
- Block Inc.’s Square point-of-sale unit has launched a service that lets merchants accept bitcoin and manage digital assets in tandem with fiat currency. The service, which is charging no fees for the first year, includes close to real-time settlement via Bitcoin’s Lightning Network. In October, Square announced merchant acceptance of Bitcoin was coming.
- Visa Inc. said it will launch a test to enable businesses and platforms to send payouts directly to a recipient’s stablecoin wallet.
- Passport Labs Inc., a parking services provider, debuted Passport Payments, an embedded payment platform for the public sector. Cities such as Denver, Tampa, Fla., Boston, and Austin, Texas, already use the service.
- E-commerce fraud and risk services firm Riskified posted $81.9 million in third quarter revenue, a 3.9% increase from $78.8 million in the year-ago quarter. Its net loss narrowed to $7.8 million from $9.7 million.
- Open payments specialist Spreedly said it now supports Pix Automático and NuPay, two Brazilian payment services, via a partnership with eBanx.
- Processor Finastra Ltd. announced three new executive appointments. Former Experian executive Ali Khan has been named chief data officer; Matthew McCormack, formerly with BNY, has become chief information security officer; and Sanjay Jain, formerly at Honeywell, has been named chief information officer.
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