Acquiring

The payments landscape looks far different than it did even five years ago, and it will likely undergo even more rapid changes in the next five. We are moving further into the digital age, where a large portion of consumers include Gen Z, or those born after 1996. This group …

Stocks of publicly traded payments companies returned to positive territory in June to beat the major market indexes once again after going negative in May. Payments firms also exceeded the market in the year’s second quarter and first half, according to an analysis released Wednesday. A basket of 29 payment …

Online and point-of-sale payments provider Adyen added Interac Debit on Mobile as a payment method for Canadian merchants. The method allows merchants to accept payments through Canada’s national Interac debit network via Apple Pay or Google Pay. Adyen added that it has expanded its agreement with on-demand delivery service foodora …

Point-of-sale middleware vendor Datacap Systems Inc. announced it has acquired the NETePay Hosted payment gateway from Octopi (formerly Monetary.co). Terms were not released. NCR Corp. acquired privately held D3 Technology Inc., a provider of online and mobile-banking applications for large financial institutions. Terms of the deal were not disclosed. A …

Convenience-store operator Cumberland Farms released a new mobile-payment app with two payment options. In addition to linking to a checking account to pay for fuel at the pump, the SmartPay function within the app also enables consumers to link to a Netspend prepaid account or use a credit or debit …

The proposed acquisition of Worldpay Inc. by Fidelity National Information Services Inc. (FIS) is about to clear another hurdle, according to Reuters. The news service is reporting that European Union antitrust regulators are poised to approve the deal without conditions. EVO Payments Inc. said its payments services are integrated into …

For years, business-to-business (B2B) e-commerce has been the distant cousin of business-to-consumer (B2C) e-commerce—less understood and appreciated, asked to wait in the other room while consumer-facing businesses from Amazon to Warby Parker soaked up all the adulation. But as B2C e-commerce and its supporting ecosystem matures, the potential for B2B …

Visa Inc. on Friday announced it will buy Verifi Inc., a 14-year-old, Los Angeles-based provider of tools that allow merchants, acquirers, and issuers to resolve chargebacks. Visa, which did not announce terms for the deal, said it will integrate Verifi’s technology with risk-management capabilities from CyberSource and CardinalCommerce, companies the …

After about two months of not accepting mobile wallets, J.C. Penney Co. Inc. this month quietly resumed accepting them, apparently by firing up its old contactless-payment acceptance system. The Plano, Texas-based department-store chain with about 860 locations had turned off its contactless system that used an older technology known as …

In a decision that could have far-reaching implications for the merchant-acquiring industry, a U.S. District Court judge has ordered independent sales organization Electronic Merchant Systems to pay more than $5.4 million in breach-of-contract damages to a sales agent. The decision arises from a dispute over residuals and the interpretation of …