Acquiring

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 …

Banking and financial-services provider HSBC has opted to use account-validation and risk-detection services from Validifi Inc. to verify account ownership and detect fraudulent payment attempts on bank accounts used to pay credit card balances, Validifi says. One Inc, a payments platform serving insurance companies, said it has launched its ClaimsPay service, with …

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 …

Zip Co. Ltd. said its payments services are available for U.S. merchants through checkout services managed by Stripe Inc., including Elements, Checkout, and Payment Links. Fintech Everyday People Financial Corp. has agreed to manage network-branded card and digital-wallet programs offered by XTM Inc., a provider of real-time payments and earned-wage access, in a deal …

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 …

CardFlight Inc. announced Tap to Pay on iPhone is now available to client merchants using Worldpay for processing. Rokt Corp., an e-commerce marketing-technology company, said PayPal Holdings Inc. has started to use its services to support advertisements that appear on “thank you” pages following peer-to-peer payments. PayNearMe Inc. said it has rolled …

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 …

Shift4 Payments Inc. announced late afternoon Tuesday it is negotiating details with Worldline S.A. to acquire the big French processor’s acquiring assets in the United States and Canada. The negotiations, which Shift4 says are exclusive of other parties, would result in the big U.S. processor picking up Bambora Inc., Bambora …

PAR Technology Corp., a provider of payments technology to restaurants, said Krystal Restaurants LLC has opted to use PAR’s Punchh loyalty technology to support its recently introduced Club Krystal program. Krystal operates close to 300 locations in 11 states. Payments-technology platform Yeeld said it has expanded its surcharging service to Canada for …

Flexa Network Inc., a payments provider based on digital currencies, has agreed to support in-store cryptocurrency acceptance at Bealls Inc., operator of more than 660 stores in 22 states under Bealls and other brand names. The move, announced Monday afternoon, represents one of the largest planned deployments of in-store crypto …