One Fiserv Inc. business stood out in the processor’s first-quarter earnings. Clover, its point-of-sale system and services unit, saw a 12% increase in its gross payment volume from the same quarter in 2025. That is despite a 9% decrease in Clover’s first-quarter revenue from lower hardware and data and analytics …
Read More »
Global Payments Inc. spent most of last year launching its Genius point-of-sale platform, and now its focus is on reaping a return on that substantial investment, part of a $1-billion technology program the Atlanta-based processor embarked on earlier this year. That initiative also comes as the company focuses on integrating …
Read More »
Card-issuing platform Marqeta Inc. reported it processed $112 billion in transaction volume in the March quarter, up 33% year-over-year, generating revenue of $166 million, a 19% rise. Net income swung to a positive $8 million from an $8-million net loss a year ago. MoneyGram will work with the crypto platform Kraken worldwide to allow …
Read More »
It’s heady days for payments and artificial intelligence applications as payments companies prepare for expected growth in AI-assisted commerce. This extends beyond online shopping with Verifone Inc.’s incorporation of AI into Commander, its point-of-sale system for fuel retailers and convenience-store operators. New York City-based Verifone says AI utilities are part …
Read More »
Two months into the job, PayPal Holdings Inc. president and chief executive Enrique Lores appears to harbor no illusions about the sprawling payments company’s position. “We need to make significant changes,” he said early Tuesday as he opened the company’s March-quarter earnings call. That imperative, he said, stems from several …
Read More »
Fiserv Inc. posted revenue of $5 billion in the first quarter, a 2% decrease from $5.1 billion in the 2025 first quarter. By segment, merchant solution revenue was flat at $2.4 billion, though the operating margin for it fell to 26.4% from 34.2%. Fiserv’s financial solutions segment at $2.3 billion was …
Read More »
Small business sales, as tracked in the Fiserv Small Business index, were up 1.1% year-over-year in April, buoyed in part by a 2.8% increase in higher average tickets, finds the latest edition of the index. Released Monday, the index found the April increase in the average ticket was the highest …
Read More »
Point-of-sale system provider Tray said it and Maple, an artificial intelligence voice platform for restaurants, completed an integration to make Maple’s technology available to restaurant operators using Tray. The Western Union Co. said it will use Fireblocks, a digital asset infrastructure company, to provide the infrastructure behind USDPT, Western Union’s U.S. dollar-backed stablecoin. …
Read More »
It was only a matter of time before agentic commerce included transactions performed with digital currency. Early Friday, the 7-year-old New York City-based cryptocurrency platform MoonPay announced the launch of MoonAgents Card, a Mastercard that holders as well as AI agents can use to spend stablecoins at any e-commerce merchant …
Read More »
Barely three months since taking over the top spot at PayPal Holdings Inc., Enrique Lores is heading up a reorganization of the venerable payments company. Announced late Wednesday following a CNBC report earlier in the day, PayPal says it will migrate to a three-business operating model. The three are checkout …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
