Sometimes a fully scaled, massive payments machine isn’t necessary, leaving organizers of semi-informal events to run their own payments options. Now, event organizers who don’t want to be restricted to a single payments provider are a target audience for Track Rabbit, an event manager and payments platform. In an unusual move …

ACI Worldwide Inc. early Tuesday said banks will be able to process payments via tokenized deposits as well as traditional payment methods through its move to add Swift ledger transactions to its ACI Connetic payments hub. The international payments network Swift introduced its blockchain-based ledger last year. The move comes …

An investor group led by Priority Technology Holdings Inc. chairman and chief executive Thomas Priore will take the processor private in a deal valued at $1.6 billion, or $8.05 per share in cash, Priority announced early Monday. The company’s closing share price on Friday was $5.83. The agreement follows a …

Caution among consumers when it comes to spending has led more than half of them to favor debit cards for purchases by a wide margin over credit cards, while a significant percentage want control over when their bills are paid, according to the latest ACI Speedpay Pulse Report from the …

Bottomline Technologies Inc. early Thursday unveiled Global Pay Connect, a platform aimed at easing real-time payments adoption for banks through APIs. The move comes as the company’s research indicates 40% of chief financial officers at banks name outdated technology as the biggest obstacle to real-time payment adoption. “Financial institutions are …

As spending enabled by stablecoins picks up momentum, payments players are beginning to see a need to guard against agentic transaction fraud involving cryptocurrency as the medium of exchange. The latest example of this unfolding concern emerged Thursday. Contending that “blockchain analytics was built for a pre-agentic world,” London-based risk-management …

Block Inc.’s Square point-of-sale unit said early Thursday it will support transactions at just under 100 locations belonging to Whit’s Frozen Custard, a 23-year-old restaurant chain based in Granville, Ohio. The move comes as the chain begins planning expansion to more locations. Whit’s, which operates stores in 11 states located …