Clover, the point-of-sale system from Fiserv Inc., is embarking on an identity-based utility with an integration with biometric-payments company Wink. Announced Wednesday, the integration involves much Clover POS equipment to accept biometric authentication to complete a transaction. Fiserv says the integration with Plano, Texas-based Wink is initially available to quick-service …
Read More »Fiserv’s December Index Notes a Modest Increase in Small Business Sales
Days after the end of the 2025 holiday shopping season, Fiserv Inc. notes modest gains in its monthly Small Business Index, with a one-point increase to 144 in December from November. Fiserv notes consumers shopping at small businesses tended to focus on the essentials and selective discretionary spending. That slight …
Read More »Eye on AI: Worldpay Adds AI Safeguards; Pushpay’s Approach to AI
[Aug. 14] As artificial intelligence use builds in the commercial world, its manifestations in consumer-facing payments applications continue to emerge. The latest developments include processor Worldpay using Trulioo’s identity technology for AI-enabled measures in agentic commerce and Pushpay’s introduction of AI tools for ministry leaders. Worldpay, which is expected to be …
Read More »Gift Card Demand Is Poised to Increase This Holiday Season
[Aug. 15] The percentage of consumers purchasing gift cards has gone up and is expected to increase yet more this year, finds a new report Bank of America Corp. commissioned from TSG, a payments advisory firm. The report found that 38% of respondents purchased a digital gift card in 2024, up …
Read More »Eye on POS: ParTech’s 44% Revenue Bump; SoundHound AI’s Three-Fold Growth
[Aug. 8] Separate efforts by Par Technology Corp. and SoundHound AI Inc. to boost their wins, especially among restaurant clients, appear to be paying off, if their latest earnings are indicators. ParTech, based in New Hartford, N.Y., is coming off its $132-million acquisition in January of Delaget LLC, a platform …
Read More »Yeeld’s Online Surcharging Program Debuts
[Aug. 13] Six months after issuing an API code to enable surcharging for online transactions, Chicago-based Yeeld released YeeldPay, its surcharging program for merchants. Yeeld says YeeldPay is a no-code payment page that provides merchants across the United States with a compliant surcharging program that, because it uses the Yeeld Surcharging …
Read More »J.P. Morgan Payments Opts for Proprietary POS Terminals
[Jan. 13] J.P. Morgan Payments, the payments arm of banking giant JPMorgan Chase & Co., is blazing its own path with two new payment terminals, both proprietary to the payment service. Announced Monday, the J.P. Morgan Paypad and Pinpad integrate in-store biometric authentication with payment acceptance. The point-of-sale devices are …
Read More »Holiday Gift Cards Bloom, Especially Among Younger Consumers
Predictions that gift cards would be a popular choice this holiday shopping season may bear out. At least one gift card provider, Tillo Inc., finds that across Black Friday to Cyber Monday, Nov. 28-Dec.1, its total sales were up 41% over the similar period in 2024. Tillo, based in the …
Read More »Payroc Doubles Down on SMBs, Embedded Finance, and Larger Merchants
Less than 90 days into closing its acquisition of BlueSnap Inc., Payroc WorldAccess LLC is pushing ahead with its dual strategy of courting small and mid-size businesses that may need a point-of-sale terminal and prospecting larger merchants with integrated payment needs. It sees the acquisition not as an end goal, …
Read More »Eye on POS: Talus Adopts Ingenico SoftPOS Tech; Oracle Payments Expands to Canada
Count Talus among the latest payments companies to adopt softPOS technology, which enables merchants to accept contactless payments with no special hardware. In related news, Oracle Corp. said its Oracle Payments service is now available in Canada and issued several updates to the service. Dallas-based Talus says its incorporation of …
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