PayPal Holdings Inc. announced it is offering 5% cash back to U.S. consumers using its buy now, pay later payment option for purchases through the end of the year. In addition, PayPal is rolling out its Pay Monthly BNPL option to in-store shoppers. The moves are expected to make PayPal’s …

Small businesses continued to see slow but steady month-over-month sales growth in September, according to the Fiserv Small Business Index. Month-over-month sales increased 0.1% in September from August, while transactions increased 0.3%. Average ticket sizes fell 0.2% from August. Overall, the metric for the index held steady at 148 for …

The Gift Card Fraud Prevention Alliance is launching a nationwide social-media campaign to combat gift card fraud this holiday shopping season. The campaign, which runs from Oct. 1 through Christmas Day, will deliver daily messages through the LinkedIn and Instagram platforms on the tactics criminals use to perpetrate gift card fraud …

Jack Henry & Associates Inc. has acquired Victor Technologies Inc., a provider of embedded-payment solutions, from MVB Financial Corp. for an undisclosed sum. While terms of the deal were not disclosed, MVB says it expects to see a pre-tax gain of $33 million from the sale. The acquisition widens an …

Agentic commerce got a huge boost late Monday as OpenAI, the provider of such artificial-intelligence applications as ChatGPT, launched Instant Checkout, an agentic-commerce protocol developed with Stripe Inc. The Agentic Commerce Protocol is an open standard for AI commerce that enables AI agents to complete purchases on behalf of individuals …

Corpay Inc., a provider of corporate payment and expense-management technology, has extended its partnership with Mastercard Inc. to enable corporations, small businesses, and financial institutions to make near real-time payments to 22 new markets across Asia, Europe, the Middle East, Africa, and Latin America. The deal builds on the two …

As the popularity of digital payments increases, more businesses and organizations are looking to revamp their strategies to keep up with the trend, according to the Association for Financial Professionals’ 2025 Digital Payments Survey. Among the businesses and organizations surveyed for the triennial study, 76% expect to update their payments …

Citigroup Inc. is partnering with Dandelion Payments Inc., a real-time, cross-border payments network, to enable near-instant, full-value cross-border payments into digital wallets globally. Dandelion will integrate Citi’s WorldLink Payment Services into its digital-wallet network to facilitate the payments. The service will initially launch in the Philippines, Indonesia, Bangladesh, and Colombia. …

SoundHound AI Inc., a provider of artificial intelligence-based voice technology, said Red Lobster Hospitality LLC will roll out SoundHound’s AI-powered phone-ordering system across the restaurant chain’s more than 500 locations. The system will enable SoundHound to field all incoming calls for takeout orders, provide answers to common customer questions, such …

Finastra, a London-based payment software provider, has added an ACH module to its Global PAYplus end-to-end payment processing solution. The new module will provide financial institutions with an alternative to legacy ACH processing systems, which can be less efficient and have limited scalability. With the addition of an ACH module, …