Boston-based Toast Inc. is stepping back to its early efforts to develop its point-of-sale products with the Toast Lab collaboration. Toast Lab will see the POS system maker work with a restaurant operator in the Boston area on new POS products and services. Toast says it will provide funding and …

Count processor Adyen N.V. as another payments company preparing for the expected growth in agentic commerce. Its launch of Adyen Agentic will make it easier for merchants on the platform to incorporate agentic commerce into their sales channels, Adyen says. With the foundations of agentic commerce which IBM defines as …

Nuvei Corp. appears ready to escalate its cross-border payments prowess with a $2.75 billion acquisition of Payoneer Inc., known for its cross-border capability. In related news, American Express Co. wants to acquire TheFork, an online restaurant reservation and management platform in Europe. Montreal-based Nuvei says the deal will help it …

With large payments companies beginning to incorporate cryptocurrency and alternative payment methods into their processing flows, the opportunity for sales agents and their acquirers to sell another payment-acceptance method is growing. That’s the takeaway from a panel discussion this week at the Southeast Acquirers Association conference in Miami Beach, Fla. …

Early Warning Services LLC said India is the first country outside the United States where U.S. users of the Zelle peer-to-peer payments service can send remittances. Simultaneously, Early Warning introduced its first stablecoin, ZelleUSD, aimed at international payments from U.S. users. Stable, a blockchain network featuring the stablecoin USDT, has joined …

More than a year after Visa Inc. launched the Visa Acquirer Monitoring Program, acquirers and their vendors are adapting to the new way of keeping tabs on fraud and chargeback levels. Known as VAMP, the program, according to Visa, consolidated five fraud and dispute programs and reduced 38 distinct remediation processes …

A perpetual bane of payments, chargebacks create issues for merchants and their payment providers. Now, Findustry AI Inc. hopes its new artificial intelligence-enabled Chargeback Agent product will help ease the work of complying with card-brand dispute processes. Led by Jonathan Razi, who sold CardX, a surcharging-services provider, to Stax in 2021, …

Imagine waving a wand and making something appear in your hands. While it’s not magic, the Cash App Wand could make that happen. Announced Thursday, Cash App Wand is the first in a series of Cash App Tags, which are NFC-enabled, physical payment accessories that let consumers pay without having …

Colorado’s SB 26-134, a bill that would have eliminated sales tax as part of the interchange-fee calculation, has been vetoed by Gov. Jared Polis. SB 26-134, similar to the Illinois Interchange Fee Prohibition Act, would have taken effect Jan. 1, 2028, had Polis approved it. The contentious Illinois law, which …

Buy now, pay later specialist Sezzle Inc. is ready to be known for more than its installment payment service, hoping to capitalize on its Earn features. Meanwhile, BNPL provider Klarna AB says Ulta Beauty now offers its payment option to U.S. consumers. A year old, Earn, displayed as a tab …