The payments industry’s embrace of agentic commerce took a step forward early Tuesday with an announcement from EMVCo that the standards body has developed a framework for “secure, interoperable, and scalable” agentic transactions using cards. The framework is by no means a final set of rules, but is intended as …
Read More »MEXC’s New Card Aims to Make Crypto-Backed Payments Routine
Affirm and Shopify Expand Shop Pay to Australia, the Pair’s Fourth Market
The installment-payments platform Affirm Holdings Inc. and online commerce service Shopify late Thursday announced they have expanded their 5-year-old collaboration, Shop Pay Installments, to Australia. The service, which lets consumers use the Shop Pay button to check out on e-commerce sites and then pay over time with Affirm, is active …
Read More »A New Partnership Seeks to Thwart Dark Web Cyber Thieves
Nasdaq Verafin, a developer of fraud-prevention technology, and Q6 Cyber, a supplier of fraud intelligence, have paired to offer a service to financial institutions that the parties say helps identify and respond faster to scam threats on the dark Web as they are developing. The partnership, announced early Thursday, is …
Read More »Priority Payments’ Deals for IntelliPay and Tampa Bay Bucs Ticketing
Priority Technology Holdings Inc. announced within a two-day span a processor acquisition and a deal to process ticket payments for the Tampa Bay Buccaneers of the National Football League. The Alpharetta, Ga.-based processor said early Wednesday it has agreed to acquire Convenient Payments, which does business as IntelliPay, a privately …
Read More »Nayax Lays Out $350 Million to Acquire Parking Maestro IPS Group
The combination will expand Israel-based Nayax’s reach by adding the 250,000 parking spaces San Diego-based IPS controls in the U.S. and Canada, as well as in the United Kingdom and Ireland. The locations include city street spaces as well as college-campus and commercial slots. IPS manages the spaces through smart …
Read More »PayRewards Enters the U.S. Offering Points for Small Business Spending
An Australia-based payments processor and rewards player is launching in the U.S, market on the back of $28 million in fresh investor funding. PayRewards, which specializes in small businesses, says it will offer rewards on a wide range of corporate spending, including automated clearing house transactions as well as credit …
Read More »MassPay Validate Looks to Nail Down Cross Country Payouts
How Recurly And Justt Are Looking to Fight Subscription Chargebacks
Chargebacks have plagued the card-payments economy for years, leading payments providers to seek solutions, often to no avail. The latest move involves subscriptions, with Recurly early Thursday announcing an integration with Justt, a company that helps sellers manage chargebacks, to reduce losses on a problem that drains significant revenue for …
Read More »Kraken Debuts in the U.S. a Debit Card Backed by 600-Plus Fiat And Digital Assets
The digital-asset trading platform Kraken announced the U.S. launch of its Krak Card, a debit card that allows users to conduct transactions in cash and digital currencies. Issued by Kansas City, Mo.-based Lead Bank, the card can be used at Visa-accepting merchants and offers up to 2% cash back. Stripe Issuing …
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