Top executives at Shift4 Payments Inc., which in recent years has grown into an international payments processor, spent a good deal of time early Thursday reassuring Wall Street about the impact on its business from travel disruptions in the Middle East brought on by the U.S.-Iran conflict. “Our international expansion …
Read More »With Worldpay Onboard, Global Payments Focuses on Its Genius POS Tech
Global Payments Inc. spent most of last year launching its Genius point-of-sale platform, and now its focus is on reaping a return on that substantial investment, part of a $1-billion technology program the Atlanta-based processor embarked on earlier this year. That initiative also comes as the company focuses on integrating …
Read More »Under Its New CEO, PayPal Looks to ‘Deliver’ on Tech Investments
Two months into the job, PayPal Holdings Inc. president and chief executive Enrique Lores appears to harbor no illusions about the sprawling payments company’s position. “We need to make significant changes,” he said early Tuesday as he opened the company’s March-quarter earnings call. That imperative, he said, stems from several …
Read More »Crypto Meets AI in MoonPay’s New MoonAgents Card
It was only a matter of time before agentic commerce included transactions performed with digital currency. Early Friday, the 7-year-old New York City-based cryptocurrency platform MoonPay announced the launch of MoonAgents Card, a Mastercard that holders as well as AI agents can use to spend stablecoins at any e-commerce merchant …
Read More »Mastercard Eyes Data From Ventures in Stablecoins And AI
Like other international payments networks, Mastercard Inc. is wrestling with the impact of the conflict in the Middle East while at the same time adjusting to the ripple effects of agentic commerce and digital currency. Early Thursday, the company’s top executives took pains to assure the financial community that they’re …
Read More »Visa Looks to Expansion in Stablecoins And Agentic Commerce
Visa Inc. early Wednesday announced it is expanding support for agent-led commerce to Latin America and the Asia-Pacific region, and also said it is widening its venture in stablecoins with the addition of five blockchains, bringing the total to nine. The five additional blockchains include Arc from Circle Internet Financial, …
Read More »Square Unveils Its Managerbot, And Toast’s New Device Goes Abroad
Two major providers of point-of-sale payments technology announced early Tuesday they are expanding key initiatives that have been long in development. For one of these providers the expansion goes well beyond payments. Block Inc.’s Square POS unit launched its Managerbot technology among sellers participating in an open beta. Based on Square …
Read More »PayPal Ads ID Launches To Match Online Users With Likely Sales
Why AmEx Is Going Full Steam Ahead in AI
The top brass at American Express Co. indicated early Thursday it’s been spending a good deal of time thinking about the implications of AI and agentic commerce, the shop-and-spend utility enabled by AI. Overall, the company’s conclusion is the technology will spur a boom not only for AmEx but for …
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