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- In the first six weeks after The Clearing House Payments Co. LLC on Feb. 9 raised its real-time payments transaction limit from $1 million to $10 million, transactions of more than $1 million accounted for more than half the value of all real-time payments processed at Bank of America Corp., one of TCH’s owner institutions, the bank said.
- Payments optimization provider Pagos Solutions Inc. released its Model Context Protocol server, a service to make it easier for artificial intelligence agents and applications to access payments data available through Pagos.
- Paysign Inc., a payments provider in the health-care industry, said it has onboarded 123 out of 132 client plasma-donation centers in one week, ahead of schedule, with the remaining nine centers set to go live in the third quarter.
- Bitcoin Depot Inc., operator of a network of kiosks where consumers can obtain Bitcoin, said it has acquired rival operator Pelicoin LLC, a move Bitcoin Depot says will add to its presence in the Gulf area of the South. Terms of the acquisition were not disclosed.
- Visa Inc. said it will work with Bank of America and Street Soccer USA to boost soccer across the United States by promoting the sport at venues in six cities over the coming months.
- Payments platform Corpay Inc. appointed Peter Walker chief financial officer, effective July 21. Walker comes to the company from Instructure Holdings Inc., where he was CFO.
- Business-to-business payments firm TreviPay named Matt Dewell chief information security officer. Dewell’s experience includes stints at KPMG, TouchNet Information Systems, and Global Payments Inc.
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