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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The buy now, pay later specialist Klarna AB said early Monday it has submitted applications with U.S. regulators to start an industrial bank called Klarna Bank USA. The company’s applications, filed with the Federal Deposit Insurance Corp. as well as the Utah Department of Financial Institutions, follow its move toward banking in …
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Square, the point-of-sale unit of the payments provider Block Inc., said early Wednesday it is plunging head-first into AI in an effort to build business for its client merchants. The company said it has adopted an app for OpenAI Group’s ChatGPT and a plugin for Anthropic’s Claude technology to help …
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Visa Inc. has taken steps to make smart phones a more readily available way for merchants, especially micro-size ones, to digitally accept payments with updates to Visa Pay, Visa Accept, and Visa Direct. With Visa Accept, announced in April 2025, Visa makes it easier for these small sellers to get …
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