Restaurant point-of-sale provider Toast Inc. has further expanded its agreement with ride-sharing technology provider Uber Technologies Inc. to help restaurants in the United States and Canada better manage digital ordering, enhance the guest experience, attract new customers, and increase sales. New tools the two companies plan to create include customer …

The VerifiedX Foundation has launched Butterfly, a social-payment and commerce platform that allows users to send and receive VFX, the native VerifiedX cryptocurrencies—Bitcoin, USDT, and USDC coins—instantly via text message, email, or any social-media handle. The new service combines the ease of the Venmo and Zelle peer-to-peer payments networks with the sovereignty of blockchain …

A day after Fiserv Inc. released disappointing third-quarter results, stock analysts are showing little confidence in the payments company’s ability to make a course correction. In a note to investors, William Blair & Co. analyst Andrew W. Jeffrey said the financial-services firm can “no longer recommend Fiserv given what we …

An increasing focus on stablecoin initiatives, agentic commerce, and payments innovation helped propel Visa Inc. to a strong 2025 fiscal year and helped the card network to meet its goal of becoming a “hyperscaler” for companies in the payment ecosystem, Visa chief executive Ryan McInerney told analysts during Visa’s 2025 …

Worldpay Inc. early Monday launched its Authentication Optimization service, which uses artificial intelligence to make real-time decisions on whether to authenticate a transaction using 3D Secure or to directly authorize the payment using such factors as risk and issuer preference. The service is being made available to merchants in non-3D …

Alacriti, a provider of cloud-native payment and money-movement services, has integrated Visa Direct into its Orbipay Payments Hub. The integration will enable financial institutions in North America to provide card-based real-time payments, even if they do not have a connection to a real-time payments hub, such as the RTP network …

Attorneys for plaintiffs and defendants in the lawsuit challenging the Illinois Interchange Fee Prohibition Act presented oral arguments Wednesday on plaintiff’s motion for Summary Judgment in the case. Attorneys for the plaintiffs argued that the preliminary injunction against the IFPA be broadened so that all financial institutions are exempt from …

Payments-technology provider Finzly announced early Wednesday its launch of technology that allows financial institutions to create AI agents to automate payment processing and operational workflows, and make informed decisions on the bank’s behalf in seconds. The launch, what Finzly calls Agentic Galaxy, comes at a time when financial institutions are …

The average payout for a ransomware attack has increased despite a drop in the number of times an organization is attacked annually, a study by cybersecurity firm ExtraHop Networks Inc. finds. The average payout per attack the past year was $3.6 million, up from $2.5 million. The number of ransomware …

Global Payments Inc. has expanded its reach into the highly competitive world of payment processing for sports teams and entertainment venues through a deal with sports and venue-management company Harris Blitzer Sports & Entertainment LLC. Global Payments will be the official payment technology provider for the Prudential Center, as well …