The big processor Worldpay said early Tuesday it will work with BVNK, a stablecoin-technology company, to provide to Worldpay clients what the companies say will be “nearly instant global payouts” in stablecoins. The service will be available to clients in the United States and Europe starting in the second half …

The massive transaction processor Worldpay is coming to Global Payments Inc., and Global’s top management couldn’t be happier about it as analysts continue to study the $22.7 billion transaction announced last month. “We are so incredibly excited about the Worldpay acquisition,” said Global’s chief executive, Cameron Bready, in an early-morning …

Global Payments Inc. agreed early Thursday to purchase the big processor Worldpay LLC for $22.7 billion. GTCR, a Chicago-based private-equity firm acquired a 55% stake in Worldpay in July 2023 from FIS Inc., while parent FIS retained ownership of the remaining share. Concurrent with the announcement of the Worldpay deal, …

As credit and debit cards—and their digital doppelgangers—continue to find favor among consumers, the use of cash over the past 10 years has slipped from 44% of in-store spend to 15% in 2024, finds the latest Worldpay Global Payments Report. Released Tuesday, the report, now in its 10th year, says …

NCY Voyix Corp., the point-of-sale and processing firm, reports the number of platform sites and the number of payment sites increased 26% and 8%, respectively, in 2024 from 2023, amid the company’s improving financials for the year. Platform sites use NCR Voyix’s commerce platform and payment sites use its payment-processing …

Top executives at FIS Inc. early Tuesday reported accelerating revenue in 2024 and see that momentum carrying into the new year, but the energy appears to be coming from financial technologies apart from the big Worldpay merchant-processing platform. “Worldpay has not been a growth driver in 2024, and won’t be …

Thanks to criminals’ increasing adoption of artificial intelligence, cyberfraud rose 14% in 2024, according to a report from Trustpair, a provider of fraud-prevention technology. Overall, 90% of U.S. companies were targeted by cyber fraud the past year, compared to 79% in 2023. The increase is being driven by criminals’ use …

More than a year after spinning off a majority interest in the massive Worldpay merchant-processing platform, FIS Inc.’s top brass said early Monday the move is already paying off. And the company is revving up its acquisition engine again, with $1 billion committed to do deals this year. For now, …