In the almost 15 years since its debut, Clover, the point-of-sale system from Fiserv Inc., has reached 4 million devices sold, Fiserv says. Acquired by First Data Corp. in 2012, Clover started in 2010 as a point-of-sale service with hardware and software. Now, its devices and software are part of …

Tapping a buy now, pay later app to acquire a new couch or pair of shoes means more decisions for consumers beyond choosing how to fund the purchase. A new report from Incogni Inc., a data-monitoring service, suggests they also need to be mindful of the quantity and type of …

The hottest ticket in payments is software integrations, and two firms have bolstered their connections to software developers. Austin, Texas-based ePayPolicy, which provides digital payouts for the insurance industry, lined up an integration with INTX Insurance Software, also based in Austin. INTX provides administrative software to insurance carriers. ePayPolicy says …

Zelle, the 7-year-old peer-to-peer payments service, has added another 178 banks and credit unions to its list of Zelle participants, the service announced Monday. Zelle, launched in 2017 by Early Warning Services LLC, says this bumps to more than 2,300 the number of financial institutions that offer the service. Zelle …

An Illinois merchant’s allegations that Apple Inc., Mastercard Inc., and Visa Inc. worked to artificially maintain pricing by agreeing to funnel Apple Pay transactions via the two card networks was dismissed this week by a judge in the U.S. District Court for the Southern District of Illinois. Filed in December …

Paze, the digital wallet from Early Warning Services LLC, says it is working with Payfinia, a unit of banking-services provider Tyfone Inc., to expand its reach. Payfinia, formed by Tyfone in 2024 to provide real-time payments technology, has helped line up Star One Credit Union, a Sunnyvale, Calif.-based financial institution, …

Truist Financial Corp. is courting merchants and their banking and payment needs with a new service called Merchant Engage. The free service is an integrated merchant-services platform, enabling small businesses up to large merchants to view all of their transaction data in one location. Announced Tuesday, Merchant Engage also brings …

Scams continue to get top billing when it comes to favored fraud attempts, closely followed by account takeovers, finds the NiCE Actimize U.S. version of its Fraud Insights Report. Released Monday, the report found that, of the NiCE Actimize data analyzed, 57% of fraud attempts were scams with account takeovers …

Small businesses in June felt the impact of consumer reaction to reduced inflation, with their overall sales up 4.4% from June 2024, according to the Fiserv Small Business Index for the month, released early Wednesday. While the year-over-year rebound was strong, sales from May to June this year retreated 1.4%, …

A ruling in the United Kingdom could imperil the validity of multilateral interchange fees in the United Kingdom and Ireland assessed by Mastercard Inc. and Visa Inc. A U.K. tribunal Friday ruled the fees infringe on competition law. The Competition Appeal Tribunal ruled the fees infringe on prohibitions to restrict, …