As payments executives wrestle with fast-moving trends in AI-driven commerce and in cryptocurrency, particularly stablecoins, card networks are gearing up to win more business in both markets. And network executives see those trends accelerating, creating opportunities to grab market share if they act fast. “Agentic commerce is the next evolution …
Read More »As Visa Looks to New Services, It Turns in a Positive June Quarter
Some Improvement for PayPal As a Stripe Takeover Offer Looms
Researcher TSG Teams With Stripe to Bring Data to Payments Players
AmEx Posts an 8-Year High Increase in Consumer Billing
Eye on POS: Verifone’s Move Against Skimming; SUNMI’s Multifunctional POS
Verifone Inc. announced early Thursday it has been awarded a U. S. patent on technology that protects point-of-sale terminals and unattended payment devices from card skimming. The move comes as estimates indicate skimming losses grew 5% last year, reaching approximately $1 billion in the U.S. market. In skimming attacks, bad …
Read More »Zero Hash And Marqeta Work to Issue Cards Backed by Stablecoins
How Stablecoins Are Becoming Currency for ‘Everyday Transactions’
Stablecoins have been on payments companies’ radar screens for years, but only recently has the digital currency gained the credibility needed to move processors, merchants, and users toward using stablecoins for everyday payments. The latest example of this emerged early Tuesday with an announcement from Mesh, a San Francisco-based crypto …
Read More »Accel’s Green Valley Deal Speeds Its E-Gaming Ambitions
Accel Entertainment Inc. will support approximately 600 gaming terminals located in Green Valley Grocery Convenience Store locations across Southern Nevada following an agreement announced early Monday between Accel’s Century Gaming Technologies Nevada unit and Green Valley. Green Valley, which operates nearly 90 stores, is owned by Anabi Oil, an Upland, …
Read More »Visa’s Latest Crypto Venture Is the Visa Stablecoin Platform
Visa Inc. has been involved in various stages of stablecoin processing for the last three years, but this week the card network stepped up its involvement with the cryptocurrency, launching Visa Stablecoin Platform. The new service is starting out in beta testing with “select clients,” Visa says, as companies determine …
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