Exodus Movement Inc. has launched Exodus Checkout, which allows businesses to accept dollar-denominated stablecoins. The rollout is starting in Argentina, with plans to expand across Latin America. The launch is taking place in partnership with DGO, the streaming platform for DirecTV in Latin America. The move comes as stablecoins—digital currency …
Read More »Stablecoins Get a Boost As a New Fiserv Platform Goes Live
Fiserv Inc.’s digital-asset platform went live on Thursday with Roughrider Coin, a stablecoin from Bank of North Dakota intended to ease money movement among banks in that state. The development comes after Fiserv announced in June last year it would build the platform to address growing interest among financial institutions …
Read More »AppZen Launches Autonomous Cards for AI-Based Payment Controls
How common will agentic payments become, and how fast? Predictions vary, of course, but tech companies are releasing new advances in the autonomous technology almost daily. In the latest example, AppZen early Wednesday unveiled Autonomous Cards, intended for corporate card programs. According to the San Jose, Calif.-based company, the new …
Read More »Toast Offers a C-Store POS System for Fuel and In-store Sales
Toast, known for its point-of-sale payments technology for restaurants, has launched Toast Fuel to support convenience stores in accepting payments in-store and at the pump. The expansion, which includes both retail and foodservice transactions, will enable all payments to be handled on a single platform, Toast says. C-stores sell an …
Read More »A Judge Rules an Apple Pay Fee Case Can Move Forward As a Class Action
A federal judge has ruled that a case brought by three financial institutions against Apple Inc. can proceed as a class action. The ruling, issued Wednesday by Judge Jeffrey White of the U.S. District Court for the Northern District of California, certifies the plaintiffs as a class while dismissing Apple’s …
Read More »Barbershop Adoption Drives Triple-Digit Growth for Fresha
Fresha, a provider of booking and payments technology for barbers and beauty-shop proprietors, said Friday its roster of barber clients has climbed 108% year-over-year, moving the company to claim number-one status among tech developers for the hair-care market. The 11-year-old, London-based company, which supports hair-care shops and companies in the …
Read More »A Judge’s Ruling Re-Ignites a Fierce Battle Over Interchange
A federal court ruling issued Tuesday has re-ignited a longstanding dispute over the question whether tips and tax can be exempted from the calculation of interchange merchants pay on credit card transactions in Illinois following that state’s adoption in 2024 of the Illinois Interchange Fee Prohibition Act. The controversial act …
Read More »Track Rabbit And Fiserv Clock Event Wins
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 …
Read More »ACI Adopts Tokenized Deposits, While SoFi Looks to Stablecoin Settlement
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 …
Read More »Priority Announces It Will Go Private in a $1.6 Billion Deal
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 …
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