Competitive Strategies

Array US Inc. and Narmi want to enable banks to offer consumer-finance management tools to their customers with a suite of products, including subscription management. Array, a fintech platform, and Narmi, a digital-banking platform, say the collaboration—called Narmi FinHealth—will give financial institutions an easier way to provide these tools to …

Payments platform Bilt said its Bilt Rent Day, which occurs the first day of each month, is collaborating with Global Citizen and actor Hugh Jackman Sept. 26 to promote the event. Bilt allows users to earn rewards on rent and other housing expenses. TD Bank announced it has moved tokenized dollar-denominated funds between …

The installment-payments platform Affirm Holdings Inc. and online commerce service Shopify late Thursday announced they have expanded their 5-year-old collaboration, Shop Pay Installments, to Australia. The service, which lets consumers use the Shop Pay button to check out on e-commerce sites and then pay over time with Affirm, is active …

PayPal Holdings Inc.’s shares fell early Friday following news reports late Thursday that Stripe and Advent have abandoned their pursuit of the payments giant. PayPal’s board reportedly spurned the Stripe/Advent offer of $53 billion, or $60.50 per share, as too low. PayPal’s shares were trading at $61.47 at the market’s close Thursday. Some 47% …

With nearly 59% of U.S. consumers knowingly using an artificial-intelligence chatbot, according to the Pew Research Center, credit-reporting agency Experian plc is putting its credit card marketplace into AI tool ChatGPT. Announced Thursday, the plugin, available on ChatGPT’s plugin site, lets consumers explore credit card options for various types, such …

Visa Inc. announced the latest version of its Visa Vulnerability Agentic Harness, which the card network says will help reduce the time between the discovery and resolution of fraud-attack paths. Some resolution times can be cut from weeks to hours, Visa says. Payments-technology company CARD91 launched SpendFlow, a commercial card program it says …

Neighborhoods, a service launched by Block Inc. in October to connect its sellers with its Cash App users, has added 30,000 sellers since the end of June. Block, and its Square acquiring unit, intended for Neighborhoods to create a local commerce network for both merchants and consumers. Neighborhoods provides sellers …

Priority Technology Holdings Inc. announced within a two-day span a processor acquisition and a deal to process ticket payments for the Tampa Bay Buccaneers of the National Football League. The Alpharetta, Ga.-based processor said early Wednesday it has agreed to acquire Convenient Payments, which does business as IntelliPay, a privately …

New research from Coresight Research and point-of-sale provider Aptos finds that, despite more than 20 years since the first cloud-based point-of-sale system debuted, many retailers still have yet to make the move fully to such systems. In the “Retail POS Modernization: Strategic and Financial Case for Transformation” report, commissioned by …