Acquiring

Clover, Fiserv Inc.’s point-of-sale platform, has launched Clover Hospitality by BentoBox, a customized point-of-sale system for high-end restaurants. Clover Hospitality enables restaurants to build an online presence to engage with consumers through Web sites and enable online ordering and reservations. It also includes marketing tools designed to increase customer loyalty …

Authvia, a platform for conversational commerce and payment by text, will work with Sinch, developer of cloud-based customer communications, to allow businesses to offer mobile-payments capability within messaging platforms such as SMS and WhatsApp. Shift4 Payments Inc. announced it is expanding its processing capabilities in the travel industry through an alliance …

Global Payments Inc. has rolled out its long-awaited Genius point-of-sale package of products and services. Touted by Global Payments as a “POS command center for business operations,” Genius is a major step in the Atlanta-based company’s quest to unify all of the its POS products into a single, configurable POS …

At the helm of Deluxe Corp. since 2018, Barry McCarthy is seeing a payoff from the company’s shift from paper-based to electronic payments. Minneapolis-based Deluxe, which posted $2.1 billion in 2024 revenue, has seen its percentage of overall revenue attributed to its payments services, which includes merchant services and business-to-business …

The Consumer Financial Protection Bureau has revised a January order for remittance provider Wise that reduces its $450,000 penalty and $2.025 million fine to $45,000 and to redress the harm to consumers. On Jan. 30, the CFPB, under Rohit Chopra who was fired in February, had ordered the previous penalties to resolve claims alleging …

SoundHound AI Inc. said of the 94% of U.S. consumers who use voice assistants while driving or have voice assistants available 77% would rather place their orders using an in-car voice assistant rather than wait in a traditional drive-thru lane. The survey, conducted by research firm Big Village, included responses from …

Artificial intelligence engine Perplexity.AI will soon enable PayPal and Venmo payments for products, travel, and tickets that are found via its tool. Announced Wednesday by PayPal Holding Inc., the service will be enabled this summer for U.S. subscribers to Perplexity Pro, which is $20 per month. This is the second …

Cryptocurrency-payments platform BitPay Inc. is betting its HODL payment option will make it easier for investors to spend their digital currency without first having to sell their crypto assets to make a purchase or pay a bill. Launched earlier this week, HODL Pay enables consumers to borrow stablecoins against their …

Affirm Inc. announced deals for its buy now, pay later service to be available at Mattress Firm and at Costco Wholesale. Mattress Firm says it is the largest mattress retailer in the U.S. market, with more than 2,200 locations. India-based Zoho Corp. entered the U.S. market with the launch of Zoho Payments, which supports cards …

First-party fraud, also known as “friendly fraud,” accounted for 36% of all fraud globally in 2024, up from 15% the previous year, says LexisNexis Risk Solutions’ Cybercrime report. First-party fraud occurs when a consumer disputes a legitimate credit card transaction, claims he never received the order, or misrepresents personal information …