Acquiring

Findustry AI, an artificial intelligence platform specializing in payments, said its Chargeback Agent program is available for merchants processing with Maverick Payments. Chargeback Agent helps merchants automatically collect evidence from merchant systems, interprets card network requirements, builds the rebuttal, and submits responses, reducing the time to respond to a chargeback and potentially …

Created as part of the Corporate Transparency Act in 2021, a rule that required millions of U.S. small businesses to report their ownership structures to the Financial Crimes Enforcement Network, or FinCEN, will officially end following a final rule from FinCEN. The original reporting rule, meant to combat money laundering …

As e-commerce expands, issues pile up for both online merchants and their customers. One such problem concerns shipment tracking, a necessary function when packages go awry. That issue creates opportunity. Early Wednesday, Veho Tech Inc. announced an integration with the e-commerce giant Shopify that offers real-time delivery tracking data directly …

A survey from Stax Payments found that 80% of small and midsize business executives have used artificial intelligence services for work they otherwise would have hired an advisor to complete. The survey, conducted in June, was of 500 U.S. business executives. Sionic said its Instant Bank Pay and Fraud Detection service, which it announced last …

Small businesses dominate the U.S. economy, and two payments companies are taking steps to ensure they offer relevant services. First, Square added 3% cash back on Square Bill Pay transactions and the ability to pay vendors even if they don’t accept cards. And, with J.P. Morgan Payments’ backing, Dream Payments …

Francisco Partners has agreed to acquire Toronto-based Moneris Solutions Corp., a payments-technology developer, from Bank of Montreal and Royal Bank of Canada for $2 billion Canadian, or $1.43 billion U.S. The banks will each take half of the sale price. The two institutions have owned the Ontario-based processor as a …

Repay Holdings Corp. reported second-quarter revenue of $100.7 million, up 33% year-over-year, with $21 million contributed by Kubra Data Transfer Ltd., a bill-payment platform Repay acquired for $372 million in cash on June 1. Repay narrowed its net loss to $11.5 million from $108 million a year ago. Bill pay services …

Ask Maps brings artificial-intelligence commands to Google Maps, with Square and Toast Inc. among the first point-of-sale system companies to enable agentic food ordering within Maps. Google is integrating elements of its Gemini AI engine into its Maps product to enable users to ask for complex, multi-step tasks such as …