Competitive Strategies

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 …

As small businesses increasingly look for faster payment capabilities, banks are starting to see a potentially profitable market. The latest offering emerged early Wednesday with U.S. Bank’s unveiling of Enhanced Payments, a bundled offering accessible online and through the bank’s mobile app. The new platform, open to entities with a …

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 …

Southwest Airlines Co. is adding Klarna AB’s buy now, pay later options to its suite of payment methods. It’s the first time Southwest has accepted Klarna. Expected to be available later this year, the Klarna BNPL option will supplement a Flexpay installment option Southwest already offers, a Klarna spokesperson says. …

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. …

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 …

Finance teams spent a decade assembling best-of-breed tools. One for AR. Another for AP, treasury, FP&A, etc. The SaaS era rewarded this specialization: find a workflow, own it, expand from there. Point solutions won by going deep on single workflows. I spent decades building the billing systems that finance teams …

Only a fraction of U.S. drivers redeemed rewards on millions of eligible gasoline-purchase transactions in June, payment-technology provider Verifone Inc. says following a study of its gas-station merchant base. Meanwhile, American Express Co. reported Wednesday that it has enhanced its Membership Rewards program by allowing cardholders to redeem points directly …

Three years since FedNow’s launch, the real-time payment network from the Federal Reserve says the number of banks and credit unions enrolled in it now tops 1,800. That’s 200 more than in January, when it counted more than 1,600 participating financial institutions. That tally includes seven of the 10 largest …

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 …