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The AI Upload: Verifone Adapts AI for Fuel and C-Store Merchants; SoundHound AI Debuts an Agentic Platform
It’s heady days for payments and artificial intelligence applications as payments companies prepare for expected growth in AI-assisted commerce. This extends beyond online shopping with Verifone Inc.’s incorporation of AI into Commander, its point-of-sale system for fuel retailers and convenience-store operators. New York City-based Verifone says AI utilities are part …
Read More »Square’s Latest Deals Show Its POS Directions As It Seeks More Merchants
Square Inc., the point-of-sale technology platform from Block Inc., announced two new deals late Wednesday and early Thursday that underscore its POS ambitions both domestically and abroad. In Chicago, Square said a seafood seller called The Fish Guy has installed an e-commerce service supported by Square and eGrowcery, a Birmingham, …
Read More »Mirakl Teams With J.P. Morgan Payments on Secure Agentic Commerce Transactions for Merchants
French fintech Mirakl SAS has partnered with J.P. Morgan Payments to provide infrastructure for the payments provider’s agentic-commerce offering. The partnership will enable merchants to facilitate agentic commerce without having to build and manage complex integrations and protocols. Mirakl will integrate J.P. Morgan Payments technology into its Nexus agentic-commerce service, which …
Read More »Darwinium Takes on AI Agent Fraud Detection; Eye on Merchants; PCI Pal Zooms in
Eye on Merchants: Mastercard Taps AI for Small Businesses; Wizard Works With Stripe on Agentic Commerce
Business use cases for artificial intelligence tools continue to develop, with news from Mastercard Inc. and Stripe Inc. among the latest developments. Mastercard launched its Virtual C-Suite, a service to help small businesses use AI in lieu of a cadre of expensive executives, and Stripe is working with Wizard, an …
Read More »Illinois Merchants’ Big Interchange Win; Zelle Reaches $1.2 Trillion; Adyen’s Personalize Debuts
Illinois Merchants Score a Big Win in Their Battle for Interchange Relief
Illinois merchants scored a big victory late Tuesday in their battle for interchange relief as United States District Court Judge Virginia Kendall upheld the Illinois Interchange Fee Prohibition Act. The decision, which comes after more than a year of legal wrangling, means the IFPA will go into effect July 1, …
Read More »Helcim Launches a Processing Extension for Merchants’ Business Software
The Calgary, Alberta-based processor Helcim Inc. has grown increasingly active in launching new services in recent years as more intense competition wears on midsize payments players. The company’s latest gambit: an extension that lets merchants access Helcim’s processing platform within the business software they already use, bypassing alternatives integrated within …
Read More »Tower Payments Tackles High-Risk Merchants; Will Stablecoins Overtake Cards? SBT Nabs TPP
