Block Inc.’s Square point-of-sale payments unit will provide terminals, kiosks, and kitchen-display systems and process payments for Steak Escape, a 23-location fast-food chain. Visa Inc. said it has worked with Pinwheel, a platform for in-app bill management, to launch its Enhanced Subscription Manager service, aimed at helping consumers track and manage recurring charges. …
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Retail technology provider PAR Technologies Inc. has acquired the Bridg point-of-sale marketing platform from Cardlytics Inc. ParTech expects the move will enable its quick-service restaurants and other customers to activate offers targeted at previously anonymous shoppers and identify which marketing tactics drive consumer spending. New Hartford, N.Y.-based ParTech is paying …
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Bluefin Payment System LLC, an Atlanta-based company specializing in payments security at the point of sale, late Wednesday launched BluePOS, payment software designed for point-of-sale devices from PAX Technology Inc. The new technology, which uses Bluefin’s PayConex gateway, signals a move by the company to develop new products completely in-house …
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Visa Inc. announced its Enhanced Subscription Manager service, part of the network’s Digital Issuer Solutions unit. Developed in collaboration with Pinwheel, a provider of in-app bill-management technology, the service aims at helping consumers track and manage recurring payments. Visa also said it will serve as one of 40 super validators on the …
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Powered by international growth, American Express Co. reported early Wednesday that its merchant network now has more than 170 million locations worldwide. In his annual letter to shareholders, AmEx chairman and chief executive Stephen J. Squeri also plugged the 176-year-old company’s artificial-intelligence initiatives. What AmEx calls its “locations in force” …
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There’s a new top U.S. merchant acquirer. Global Payments Inc., with an estimated $2.8 trillion in 2025 U.S. processing volume, has moved into the top spot in the 2026 TSG Directory of U.S. Merchant Acquirers, unseating JPMorgan Chase & Co., which had held the top rank since at least the …
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With the increasing activity of AI agents in online commerce, payments-technology company Ixopay said it is working with digital-payments specialist Zip to develop a unified trust layer, or an open framework meant to address trust and risk in agentic commerce. Financial-services technology developer Q2 Holdings Inc. said it will work with Stablecore, a platform …
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Bank-focused instant payments have been around since 2017, when The Clearing House Payments Co. LLC launched its RTP network, and gained more attention with the 2023 debut of FedNow from the Federal Reserve. While thousands of banks and credit unions have signed up to receive real-time payments from these services, …
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With nearly three-quarters of major U.S. banks reporting an increase in fraud losses last year, developers of fraud-prevention technology are scrambling to offer solutions. In the latest example, the Portugal-based technology company Feedzai has announced RiskFM, a tool the company says replaces a singular reliance on card-network data with information …
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Payments processor Lightspeed Commerce Inc. announced a new AI-based tool aimed at helping merchants with inventory, product availability, and stock discrepancies. Ticket Fairy, a digital platform that handles ticket sales and other functions for live events, announced its incorporation of AI in the launch of its new platform, Ticket Fairy 3.0. Founded …
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