As more and more attention is drawn to cryptocurrency, crypto users are ready to use their holdings to make every day purchases and play games, finds a new report from Bitget Wallet. Released Monday, the report finds that, globally, 36% of respondents want to use their crypto wallets to make …
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Fiserv Inc.’s Clover point-of-sale technology unit announced it is entering the health-care market with Clover PracticePay. Clover worked with Rectangle Health, a developer of payments software for the health-care industry, on the launch. Mastercard Inc. and American Airlines said they have agreed to extend a longstanding agreement under which Mastercard supports a cobranded …
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The House of Representatives on Thursday passed the GENIUS Act, a bill aimed at regulating stablecoins, giving the nascent digital currency a boost as a mainstream payment option. The GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act is intended to provide a legal structure for stablecoins and enhance …
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In the almost 15 years since its debut, Clover, the point-of-sale system from Fiserv Inc., has reached 4 million devices sold, Fiserv says. Acquired by First Data Corp. in 2012, Clover started in 2010 as a point-of-sale service with hardware and software. Now, its devices and software are part of …
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American Express Co. reported a 7% year-over-year rise in billed business in its June quarter, to $416.3 billion, while revenue increased 9% to a record $17.9 billion. But net income sank 4% to $2.89 billion. For the year’s first half, billed business rose 6% to $803.7 billion. Net income was static …
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SoundHound AI Inc. announced late Wednesday that the restaurant chain Peter Piper Pizza has begun rolling out its AI ordering system. The chain, which operates more than 120 locations in the United States and Mexico, is starting the rollout across its 41 restaurants in Arizona and Albuquerque, New Mexico. The …
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Global Payments Inc. announced a renewal and expansion of an agreement with Banco Nacional de Mexico S.A. to offer acquiring and banking services in Mexico. CareVet LLC, operator of more than 200 veterinary practices across the country, announced it has agreed to integrate payments processing from Scratch Financial Inc., a fintech …
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The hottest ticket in payments is software integrations, and two firms have bolstered their connections to software developers. Austin, Texas-based ePayPolicy, which provides digital payouts for the insurance industry, lined up an integration with INTX Insurance Software, also based in Austin. INTX provides administrative software to insurance carriers. ePayPolicy says …
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Block Inc. Tuesday announced businesses using Block’s Cash App iOS app can process contactless payments directly on an iPhone using Apple Inc.’s tap-to-pay on iPhone technology. The new service comes as early testing indicates sellers using the technology have seen a 35% rise in purchase volume by comparison to merchants …
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Payments processor Adyen said it will provide its SFO1 point-of-sale terminal to Joe & The Juice, a juice bar and coffee merchant. Payments provider Valor PayTech announced an integration with retailcloud, which makes cloud-based retail software, that will ease the hardware and software setup for retailers. Euna Solutions launched PayCenter, an online payment portal for …
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