As AI makes advances in digital commerce, payments executives are beginning to raise questions about the process and its risks. For some players, the process remains at least partly opaque on such questions as what party takes responsibility when transactions go wrong. Other pending questions include whether the industry can …

Point-of-sale credit providers are looking for an edge as competition in the buy now, pay later business grows hotter by the week. Klarna AB early Wednesday said it has launched its Klarna Shopping Search app.  The app uses ChatGPT, an AI platform, to assist shoppers in finding current prices, availability, …

Network Merchants Inc. said Tuesday it has acquired Dwolla Inc., a payments-acceptance technology provider with experience in real-time payments, open banking, and account-to-account technology and serving more than 400 clients. The combination creates a company processing nearly $700 billion in transaction volume annually, the parties say, a move that is …

It was probably only a matter of time before agentic commerce embraced cryptocurrency. Technology platform Worldwide Stablecoin Payment Network early Friday announced W Agent, which the Singapore-based company calls a “new AI Agent skill.” That means the agents can find merchants, enter orders, and transact in stablecoins “end-to-end,” as the …

With the Senate Banking Committee scheduled to take a vote Thursday on whether crucial stablecoin legislation should advance to the full Senate floor, the time for debating the bill’s pros and cons is drawing to a close. The 309-page Digital Asset Market Clarity Act, which would set rules for digital …

The processor Paysafe Ltd. early Wednesday reported it processed $43.9 billion in volume in the March quarter, a 10% improvement over the same period last year, with 19% growth in the company’s digital-wallet segment outpacing the much larger merchant-solutions unit, which posted an 8% jump, to $37.2 billion. Paysafe has …

Competition for payments processing in the $1 trillion plus U.S. restaurant industry, already hot, reached a higher temperature Tuesday with announcements from Toast Inc. and processing giant Fiserv Inc. Toast, a 15-year-old specialist in restaurant point of sale, said it is expanding its reach in the complex pizza business with …

Circle Internet Financial announced earlier this year its moves in agentic commerce, and now the stablecoin giant says its combined venture in both AI and digital assets is gaining altitude fast. “We believe we are going through the biggest platform shift in the history of the Internet,” said Jeremy Allaire, …

FIS Inc. is counting on its tie-in with the AI developer Anthropic to pay dividends across several fields, starting with the battle against fraud, the company said early Friday. “The first target is financial crime,” said FIS chief executive Stephanie Ferris early Friday. “The [AI] agent will reduce investigation time …