Acquiring

Block Inc.’s Cash App has launched pools, a peer-to-peer payments capability that enables group payments with what Block calls “a few taps.” Routable, a provider of accounts-payable technology, said it will work with Brale, a stablecoin developer, to enable businesses to pay vendors and contractors in stablecoin through Routable’s platform. The blockchain …

PayPal Holdings Inc.’s latest wallet initiative, PayPal World, will go live this fall and aims to reach more than 2 billion consumers, the company’s chief executive said early Tuesday. Alex Chriss followed up on an earlier announcement of the initiative by stressing how the venture will tie together five of …

Furthering its penetration into the transportation sector, PayNearMe Inc., a fintech that enables paying for online transactions with cash and other payment methods, on Monday said it has integrated its payments system with a business platform from Emotive Software Inc. for automobile dealers and independent lenders. The Emotive deal comes …

PayPal Holdings Inc. early Monday launched Pay with Crypto, a cross-border payment option that instantly converts cryptocurrencies to stablecoins or fiat currencies. The new payment option provides merchants and consumers a unified platform that connects fiat and digital payments and supports more than 100 cryptocurrencies and crypto wallets, such as …

Card91, a payments-software platform based in India, announced merchant onboarding and verification technology based on artificial intelligence and aimed at banks and payment aggregators. FreedomPay’s gateway will support e-commerce and in-store payments for restaurants as part of an agreement with Deliverect, a provider of commerce technology for fast-food chains, including Taco …

Payment processor Fiserv Inc. faces a lawsuit over allegations it misled investors over how it handled migrating merchants to Clover from its now retired Payeezy payment gateway, according to Labaton Keller Sucharow LLP, the New York City-based law firm representing the plaintiff, the City of Hollywood Police Officers’ Retirement System …

Corporate card issuer Corpay announced it is selling off a fuel-card portfolio in a deal it says will bring in $60 million and free up $35 million in working capital, funds the company says will aid its $2.2 billion acquisition of Alpha Group International plc., a United Kingdom-based banking company. Pumpkin Insurance …

With merchants growing more heated in their opposition to card-acceptance costs, processors are looking for strategies that could help sellers gain from improvements in card authorizations. An example emerged early Thursday with news from the big Canadian processor Nuvei Corp. that it has introduced a pair of technologies it says …

Zelle, the peer-to-peer payments service from Early Warning Services LLC, began a multi-city financial education training roadshow with Consumer Action, a consumer protection and financial awareness organization. Payments-technology provider Alacriti said Citizens Business Bank launched real-time payments services based on Alacriti’s Orbipay Payments Hub. The services involve connections to FedNow and the …

Fiserv Inc. early Wednesday reported $10.65 billion in revenue for the first half of 2025, representing a 7% increase from the first six months of 2024, but it was a revised projection for revenue growth for the whole year that drew the attention of equity analysts on a group call …