Cryptocurrency picked up more momentum in payments Thursday as C1 Fund Inc. bought shares in Ripple Inc. C1, which focuses on digital assets and blockchain technology, did not announce the extent of the investment or other financial terms. Ripple is well-known in payments for its XRP ledger, a decentralized blockchain …
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Identity-verification platform provider Proof.com has launched Certify, a product intended to combat falsification of signatures created through the use of artificial intelligence. With Certify, users can cryptographically authorize a digital signature on any type of content, such as wire instructions, tax returns, and legal agreements, using a verified legal identity. …
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Advisory firm Deloitte issued a report that forecasts authorized push payment fraud in the United States could conservatively swell to $12.4 billion in losses or more aggressively to $18.2 billion by 2028 from the 2024 tally of $8.3 billion. Payroc World Access LLC has closed on its acquisition of BlueSnap Inc., a payments-orchestration and …
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Buy now, pay later lenders Klarna AB and Affirm Inc. are separately partnering with Google Inc. to enhance their technology stacks. Klarna announced early Thursday it is partnering with Google Cloud to fast-track development of consumer-centric products and marketing campaigns within the Klarna app. Google Cloud is the commercial arm …
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Action in the payments industry on stablecoin plans appears to be perking up since President Donald Trump signed the GENIUS Act into law this summer, legislation whose rules are expected to spark more action by mainstream payments players on issuing and accepting the digital currency. One example emerged Wednesday with …
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New research from Datos Insights found that credit and debit cardholders globally made 1.1 trillion purchases worth $45.5 trillion in 2024. Buy now, pay later provider Splitit launched its Agentic Commerce Partner Program, an invitation-only effort to bring card-linked installment payments to autonomous shopping agents. Some 86% of restaurant operators are comfortable with the …
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Six months after fully revising its point-of-sale app and adding modes to enable merchants to tailor it to their needs, the acquirer is out now with what it says is its largest update to its food and beverage platform. Square, a unit of Block Inc., also released updates to Square …
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The processor Worldpay said it will offer commercial and business customers of East West Bank access to point-of-sale, e-commerce, and loyalty technology under a new agreement. FIS Inc. has agreed to sell Worldpay to Global Payments Inc. in a deal that is expected to close in the first half of next year. Block Inc. has …
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PayPal Holdings Inc. has officially launched PayPal Ads Manager, a service that allows merchants to act as their own retail media network and generate new revenue streams, PayPal says. Retail media networks are advertising platforms that allow retailers to sell ad space across the media channels they own or control, …
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Helcim announced it is the first payments provider to be included in the Verizon Business Marketplace, a software market for small and mid-size businesses. The news follows Helcim’s launch in April of Faster Deposits, a service aimed at delivering next-business-day funding of digital-payment receipts to merchants. Stax Payments, a payments-technology provider, said …
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