The potentially lucrative bill-payment market has a new entrant to help banks and fintechs capture some of these transactions. Dubbed PayNow, the new service from Atomic FI Inc. can help banks and fintechs drive engagement and loyalty with their customers, it says. Launching initially with a mobile and Internet provider, …
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PayPal Holdings Inc. said PayPal merchants are now discoverable within the Perplexity AI service, which enables consumers to checkout in chat using their PayPal accounts. PayPal announced the partnership in May. SoundHound AI Inc. said its partnership with parking services provider Parkopedia now includes an in-vehicle voice AI parking agent. The agent can suggest …
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Nacha, the automated clearing house rule maker, is soliciting feedback on potentially increasing the transaction size of a same-day ACH payment from $1 million to $10 million. Comments are being accepted through Dec. 18. Steamboat Capital sent an open letter to the directors of Priority Technology Holdings Inc. expressing disappointment in an …
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Buy now, pay later specialist Affirm Holdings Inc. says Amazon.com Inc. extended by five years its deal with Affirm to offer installment-payment services, an option first offered in 2023. The move comes as Affirm posted $933.3 million in revenue for its 2026 fiscal first quarter. Affirm, in a shareholder letter, …
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E-commerce platform Miva Inc. launched MivaPay, developed with PayPal Holdings Inc., to make it easier for merchants to accept payments. Video-game commerce company Xsolla updated its Web Shop and Buy Button services. Payments provider Usio Inc. said it processed 16.2 million transactions in the third quarter, a record volume. Gaming payments specialist Pavilion Payments said Barton’s Club 93 …
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Faster payments on the automated clearing house network and on real-time payments systems are gaining momentum, according to statistics released Thursday by Nacha, the standards body for the automated clearing house system, and by the Real Time Payments network, operated by 22 of the world’s biggest banks. The total value …
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Nacha members have approved five rule changes meant to boost the use and efficiency of international automated clearing house transactions. International ACH transactions totaled $270.96 billion in value in 2024 on 120.99 million payments, Nacha says. Announced Tuesday, the changes address clearing up what is an international automated clearing house …
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Finastra, a London-based payment software provider, has added an ACH module to its Global PAYplus end-to-end payment processing solution. The new module will provide financial institutions with an alternative to legacy ACH processing systems, which can be less efficient and have limited scalability. With the addition of an ACH module, …
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Worldpay LLC announced it will continue processing payments for Henry Schein One under a new long-term contract. A dental-software house, Henry Schein One, serves 75,000 practices. Worldpay is in the process of becoming part of Global Payments Inc. Private-equity firm GTCR has acquired Innovative Systems, a 27-year-old provider of payments and bill-processing software. …
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Technology provider Q2 Holdings Inc. announced Open Payment Network is its first partner to offer integration for Q2 Instant Payments Manager, a product aimed at banks looking to manage real-time payment workflows. Canada-based payments provider Corpay Inc. announced its cross-border platform has become the official foreign-exchange partner to the New Zealand Football club. Klear.ai, …
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