Competitive Strategies

As online traffic powered by artificial intelligence explodes, businesses are struggling to differentiate between legitimate and fraudulent agentic commerce agents, says a study by AI-based fraud-prevention platform provider Darwinium. Some 97% of businesses report an increase in AI-based fraud attacks in the past year, the report says. Among these businesses, …

Paze, the digital-checkout option from Early Warning Services LLC, lined up Domino’s Pizza Inc. and PayRange LLC as the latest merchants to offer the online-only service. Domino’s says more than 85% of its sales come through digital-ordering channels. PayRange specializes in self-service transactions, such as for laundry machines. Paze will …

The cryptocurrency platform KuCoin introduced its Tomorrowland Limited Edition KuCard, a Visa card issued in partnership with the Tomorrowland music festival taking place March 21-28. Glia, an AI platform for banks, has integrated a loan-payment technology from MessagePay in an effort to integrate payments into digital interactions between community banks and their …

Square Inc., the point-of-sale technology platform from Block Inc., announced two new deals late Wednesday and early Thursday that underscore its POS ambitions both domestically and abroad. In Chicago, Square said a seafood seller called The Fish Guy has installed an e-commerce service supported by Square and eGrowcery, a Birmingham, …

Three organizations representing the banking community, as well as the Office of the Comptroller of the Currency along with former acting members of the OCC, filed amicus briefs late Friday urging the court to overturn the decision to exempt Illinois merchants from paying interchange on the sales tax and gratuities …

Mastercard Inc. announced early Tuesday it has agreed to pay $1.8 billion to acquire BVNK, a London-based stablecoin platform. The deal comes amid growing interest in stablecoins among fintechs, banks, and payments providers and as payments networks increasingly view the cryptocurrency as a practical vehicle for overall growth. The transaction, …

Early Warning Services LLC said Citi, a unit of Citigroup Inc., will offer Paze, the Early Warning online checkout service, to its cardholders. They can activate Paze via Citi.com, the Citi mobile app, or on Paze. Celero Commerce said it acquired substantially all of the assets of Petroleum Processing Solutions. The acquisition …

Maple AI Inc., a provider of artificial intelligence-based phone-ordering systems for restaurants, has partnered with Shift4 Payments Inc. to integrate its AI-based phone system into Shift4’s SkyTab POS technology. The inclusion of Maple’s AI ordering system in the SkyTab platform is expected to significantly reduce the number of phone orders …

Israel-based payments company Nayax Ltd. lined up another partnership to process payments for electric vehicle owners who stop at E-Plug-branded charging stations. Announced Monday, the partnership means Nayax will handle payments at an anticipated 2,200 connections throughout the United States. Earlier in March, Nayax said 40% of its revenue comes …