A newly released standard for QR code payments could make it easier for consumers and merchants to use instant payments, says the Accredited Standards Committee X9 Inc. X9 is a nonprofit organization that develops and maintains national and international standards for the financial-services industry. The new standard, officially called X9.150, …
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Ever since Shift4 Payments Inc. paid $2.5 billion last year to acquire Global Blue, the processor has looked for ways to leverage the international shopping platform’s strengths in tax-free shopping for international travelers. The latest development emerged early Tuesday with Shift4’s launch of Shift4 One, a move the company says …
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Bill-payment technology provider Repay Holdings Corp. said its board has unanimously rejected a revised, unsolicited offer from Forager Capital Management LLC to acquire the company with a $5.25-per-share cash offer, arguing the bid undervalues the company. In related news, Repay has appointed Zachary F. Sadek to its board of directors. Sadek is a senior …
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Payoneer Inc. is continuing its software-development push with the opening of a new developer hub in India this week. In June, processor Nuvei Corp. said it would acquire Payoneer in a $2.75 billion deal that is expected to close mid-2027. New York City-based Payoneer says the hub, in Gurugram near …
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Mastercard Inc. is looking to sell a majority interest in its United Kingdom-based Vocalink payments-processing business, according to press reports that emerged early Monday. DeliveryCo, a technology company backed by U.K. banks and payments platforms, is reportedly a potential buyer. A 51% stake in 19-year-old Vocalink could fetch nearly $535 …
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BingX, a cryptocurrency exchange and AI company, launched its BingX Visa Debit Card, which allows users to spend stablecoins globally. The issuer is Wirex, a stablecoin technology developer and principal member of Visa. PayPal Holdings Inc. said its PayPal USD stablecoin is now issued natively on the Polygon, a blockchain network, through …
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The 2026 edition of the TSG Directory of POS Providers shows further evolution of point-of-sale products to meet changing merchant and consumer demands. Chief among them is the ascendancy of unified commerce, an approach that is similar to omnichannel commerce, but has better consolidated footing. “Over the past year, POS …
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According to a Fiserv Inc. 8-K filing, another c-suite executive is leaving the payment processor. Dhivya Suryadevara, who joined Fiserv in August 2025 as president, resigned effective July 7. Suryadevara will continue as a non-executive officer until July 31. Fiserv did not say why she was leaving. Fiserv gained a new chief …
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The economics of proprietary debit networks appears to be asserting itself as a consortium of big banks is reportedly looking to acquire a debit card system from Fiserv Inc. The banking group, which includes JPMorgan Chase, Bank of America, Wells Fargo, and PNC Financial Services Group, has had “tentative discussions” …
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NCR Voyix Corp. has agreed to serve as the exclusive point-of-sale technology provider for Pizza Ranch Inc. at both company-owned and franchise locations. The chain operates 221 restaurants across 15 states. Cambria County Transit Authority in Pennsylvania said it has worked with transit-technology platform Modeshift to launch an account-based fare-collection platform throughout its network. …
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