Regions Bank, with 1,250 branches, will use payment processing services from Worldpay, a unit of Global Payments Inc., for its Regions Merchant Services business. Meanwhile, credit union service organization Velera says Financial Center First Credit Union chose it for credit and debit card processing services. Birmingham, Ala.-based Regions Bank, part …

The private-equity firm GTCR said the previously announced $24.25-billion sale of processor Worldpay to Global Payments Inc. has closed. As a result of the transaction, GTCR will own roughly 15% of Global Payments’ equity, the investment firm said. GTCR acquired a majority stake in Worldpay in July 2023 from the processor FIS Inc. Global …

[Aug. 14] As artificial intelligence use builds in the commercial world, its manifestations in consumer-facing payments applications continue to emerge. The latest developments include processor Worldpay using Trulioo’s identity technology for AI-enabled measures in agentic commerce and Pushpay’s introduction of AI tools for ministry leaders. Worldpay, which is expected to be …

Worldpay LLC has launched an open-source standard to help developers create artificial intelligence-based commerce agents and connect AI apps to external systems. The standard, known as the Model Context Protocol, enables such AI apps as ChatGPT to connect to databases, search engines, and workflows, or specialized prompts, to access information …

Global Payments Inc. early Tuesday heralded updates for its Genius point-of-sale technology as it celebrated a recent regulatory ruling that speeds up the company’s $22.7 billion deal for the processing giant Worldpay. “We now expect to close on Worldpay in the first quarter of 2026,” chief executive Cameron Bready told …