TechCreate Group Ltd., a Singapore-based payments-software provider and consultancy, is partnering with quantum cybersecurity-solutions firm pQCee Pte Ltd to incorporate the National Institute of Standards and Technology post-quantum cryptography algorithms in its QR Hybrid point-of-sale terminals. A QR hybrid POS device adds QR code scanning for digital wallets, mobile apps, …
Read More »IFPA Opponents Launch New Offensives to Derail the Law
Opponents of Illinois’s controversial Interchange Fee Prohibition Act have ratcheted up the pressure to preempt the law at the federal level or overturn it at the state level. The latest effort comes after a federal judge earlier this year upheld the law’s key provision, which exempts Illinois merchants from paying …
Read More »Quantiiv’s Virtual Executive for Restaurants; Popmenu and SpotOn Create a Unified Commerce Platform
Quantiiv, an AI-powered data warehouse and analytics platform for restaurants, has launched what it calls a virtual executive that provides restaurant managers with management insights, reportedly without having to navigate dashboards across disparate applications. The application, known as ROGER, provides an email-based interface that allows managers to send the …
Read More »SoFi Taps Galileo to Offer Send And Receive Capabilities Through FedNow
SoFi Bank N.A. has enlisted Galileo Financial Technologies LLC to offer real-time send and receive capabilities every day, including weekends and holidays, through FedNow. As a result, SoFi customers will be able to move money between their accounts at different banks in seconds, instead of waiting for ACH transfers to …
Read More »Square Deepens Ties With NYC’s Birch Coffee as POS Push Continues
Square, Block Inc.’s point-of-sale payments unit, continues to focus on growing its POS business in the wake of its decision earlier this year to reduce its workforce by more than 40%. The latest deal is an expansion of an existing relationship with Birch Coffee, a New York City-based coffee chain. …
Read More »Synthetic Identities And Malicious Bots Boost Fraud Attacks, LexisNexis Says
Synthetic-identity fraud was the fastest growing type of fraud in 2025, accounting for 11% of total fraud globally, an eight-fold increase from 2024, says LexisNexis Risk Solutions’ annual cybercrime report. The explosion in synthetic identity fraud—which occurs when a criminal blends pieces of information belonging to multiple consumers to craft …
Read More »Square’s Latest Processing Win Is on the Golf Course
Golftec LLC, a provider of golf lessons and club fittings, has partnered with Square, Block Inc.’s point-of-sale payments unit, to provide payment processing across its more than 260 locations in the United States. The deal with Square is expected to bring greater efficiency to Golftec’s payment-acceptance processes by reducing the …
Read More »Square Launches an Inventory Management System for Restaurants
Square, Block Inc.’s point-of-sale payments unit, has partnered with AI-based restaurant-technology platform provider MarketMan to launch an inventory-management application for restaurants. The AI-based application provides restaurants with real-time visibility into ingredient usage, tracks inventory levels, automates purchase orders, and helps restaurants better manage their relationships with suppliers to reduce waste and …
Read More »Elavon And Liberis Expand Small-Business Funding to Canada
Elavon Inc., the merchant-services subsidiary of U.S. Bancorp, has expanded its relationship with embedded-finance platform provider Liberis US Inc. to offer its Quick Capital service to merchants in Canada. The expansion will enable small and medium-size businesses in Canada to access funding through Elavon’s merchant portal. The move is expected …
Read More »Wirex Teams With Crossmint to Enable Easier Spending Via Stablecoins
Digital-payments provider Wirex has expanded its relationship with Crossmint Inc., a stablecoin and wallet-technology provider, to connect Wirex’s card-issuance platform directly with Crossmint’s smart wallet and stablecoin-orchestration platform. The expanded relationship will make it easier for consumers to spend stablecoins directly from their digital wallets by streamlining fintechs’ cumbersome process …
Read More »