American Express Co. announced its Business Loans service that will provide unsecured loans of $3,500 to $50,000 for small businesses; holders of AmEx business cards can apply online and receive a decision in as little as 60 seconds, AmEx said. ProPay, a merchant-acquiring subsidiary of processor Total System Services Inc. …

Bill.com said it secured $100 million in a funding round led by JPMorgan Chase & Co. and Singapore-based investment firm Temasek Holdings, bringing total investment in the business-payment network to more than $200 million; the company plans to use the funds for network expansion and to accelerate its distribution among …

Wells Fargo & Co. launched cardless cash access at its ATMs using near-field communication technology. Consumers using the bank’s mobile app hold an NFC-equipped smart phone near an NFC-enabled ATM after opening and authenticating the bank app. The ATM then prompts for a PIN entry to complete the transaction. Wells said …

Elan Financial Services, a processing unit of U.S. Bank, announced it has worked with Ondot Systems to allow two-way communications on the My Mobile Money app. The app now allows issuers to communicate directly with cardholders to confirm debit card transactions. Belgian postal operator bpost has acquired Radial, a U.S. e-commerce …

Convenience-store chain Sheetz Inc. announced it is upgrading the forecourts of its more than 500 locations with EMV acceptance at the pump. The new equipment from Gilbarco Veeder-Root was jointly developed with VeriFone Systems Inc. In addition to EMV acceptance, the technology supports mobile wallets, encryption, barcode scanning, and contactless …

Mastercard Inc. and PayPal Holdings Inc. announced they have extended to Canada, Europe, Latin America, the Caribbean, and the Middle East an agreement first reached last year for the U.S. market that clarifies Mastercard as an equal payment option in the PayPal wallet and gives PayPal access to Mastercard’s tokenization …

Merchant processor Worldpay participated in a funding round for machine-learning startup FeatureSpace and agreed to deploy the company’s technology for fraud prevention. Worldpay, which this summer agreed to be acquired by rival processor Vantiv Inc., did not disclose the amount of its investment. Merchant processor Elavon introduced Scoop, a program …

Shopify Inc. said it is expanding a service that will let Instagram users buy products from select merchants without leaving the Instagram app. The service, which Shopify has been testing since early this year, lets merchants tag their posts to connect users to their catalogs. The photo-sharing service Instagram, owned by …

While denying any wrongdoing in the matter, card manufacturer CPI Card Group Inc. settled two patent lawsuits with Gemalto S.A. Under the terms of the settlement, CPI Card Group agreed to make a one-time $750,000 payment in the fourth quarter. Both lawsuits will be dismissed and both parties agreed not …

Grocer Whole Foods Market, now a unit of Amazon.com Inc., said it is investigating a breach of the point-of-sale software used in its taprooms and full-service restaurants in some of its stores. Whole Foods did not say how many locations or how many cards are affected. It said the payment system for the …