Acquiring

Point-of-sale platform Lightspeed Commerce Inc. narrowed its first-quarter loss to $2.4 million from $49.6 million a year prior. Lightspeed reported its fiscal first quarter earnings ended June 30 with $322.7 million in revenue, up 5.8% from $305 million a year ago. In 2025, Lightspeed embarked on a two-pronged POS-based plan to improve its performance. …

Flexible Finance Inc. announced it has submitted applications to the Federal Deposit Insurance Corp. and the Utah Department of Financial Institutions for a charter for Flex Bank, a Utah state-chartered industrial bank. Flexible Finance is the company behind Flex Rent, which says it has processed more than $40 billion in rent payments for …

Payments provider Kurv is applying the notion of all-in-one access not just for its merchants, but for its sales agents, too, with the release of Kurv Agent. The online portal contains several tools that agents might have had to access one-by-one. Among the suite of tools is the ability to …

Verifone Inc. announced early Thursday it has been awarded a U. S. patent on technology that protects point-of-sale terminals and unattended payment devices from card skimming. The move comes as estimates indicate skimming losses grew 5% last year, reaching approximately $1 billion in the U.S. market. In skimming attacks, bad …

A New York state lawsuit filed against Early Warning Services LLC and its Zelle peer-to-peer platform can continue, a judge ruled this week. Filed in August, the suit alleged Zelle failed to protect users from fraud. Zelle intends to appeal, Reuters reported. Forty-five percent of U.S. households expect to use a buy now, pay …

Restaurant point-of-sale system maker Qu released Qu Pay, a service that combines payment processing, guest identity, order intelligence, and capital access into a single platform. Restaurant chain Roy Rogers was among the first to adopt Qu Pay. MNEE Pay, a stablecoin payment platform found that 62% of U.S. stablecoin holders have converted …