Visa Inc. early Thursday announced enhancements to its Visa Intelligent Commerce platform, an artificial intelligence-based shopping service that enables AI agents to shop and make purchases for consumers. The new enhancements include availability of Visa’s Model Context Protocol (MCP) server to software developers and the launch of the Acceptance Agent …
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Instant Financial is tapping virtual card payments to make it easier for employers to pay their workers quickly and securely with its Virtual Paycard. In related news, U.S. Bank is marketing a new embedded service, U.S. Bank Payroll, to help small businesses better manage their payrolls. Atlanta-based Instant Financial says …
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Payroc said it will begin processing Sept. 1 for merchants using Cinfed Credit Union under a new agreement with the financial institution, which serves members in Southwest Ohio. Digital-asset platform Fireblocks Inc. launched Fireblocks Network for Payments, aimed at enabling stablecoin-based transactions in more than 100 countries. Sola Security, a cybersecurity firm whose …
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VikingCloud, a cybersecurity and PCI-compliance company, is collaborating with Fiserv Inc. to make Mastercard Inc.’s Compliance and Validation Exemption Program available to small and mid-size businesses. Announced earlier this year, Mastercard’s C-VEP exempts eligible merchants from complying with the Payment Card Industry Data Security Standard and validating their PCI-DSS compliance …
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PayPal and Venmo users will get early access to a new artificial intelligence-based tool that could herald the payment company’s next steps with agentic commerce. Perplexity.AI’s Perplexity Pro, typically a $200 annual subscription, is now available to PayPal and Venmo users in a 12-month free trial. It is part of …
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Euna Solutions, a provider of payments software to the public sector, launched Storefront Pro, e-commerce software aimed at easing purchases through existing procurement channels. Equifax Inc. has launched Identity Proofing, aimed at helping online merchants and financial institutions in verifying customer information during transactions and onboarding processes. Nasdaq Verafin and BioCatch announced …
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The credit-scoring company FICO may be poised to unveil this fall new models that include buy now, pay later data, but some payment experts contend it could take years before there is widespread adoption by BNPL lenders. That, in turn, could significantly limit the effectiveness of the new models in …
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Payments-orchestration platform CellPoint Digital says Radisson Hotel Group, with more than 1,580 hotels in more than 100 countries, will use its platform across its portfolio. In related news, TipMee’s app launched to enable cashless tipping. London-based CellPoint Digital says Belgium-based Radisson will benefit from a standardized global payment process and …
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Money-transfer platform Thunes is working with blockchain-based payments provider Ripple Labs Inc. to offer broader reach for payouts and increased streamlining for money transfer globally, the parties said. Visa Inc. said it will work with Ample Earth, a fintech focused on climate issues, to incorporate sustainability information in digital banking apps and loyalty …
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Zelle, the peer-to-peer payments service from Early Warning Services LLC, is preparing to launch a marketing campaign aimed at highlighting its utility in everyday life. Dubbed “When It Counts,” the campaign is intended to show how woven into consumers’ daily lives Zelle has become, with such features as splitting a …
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