Competitive Strategies

Processor Priority Technology Holdings Inc. said it has received a preliminary, non-binding take-private proposal from an investor group led by Priority’s chairman and chief executive, Thomas Priore. The proposal envisions buying the shares the group does not already own at a price ranging from $6 to $6.15 each. The stock was trading …

The 12-year-old Cash App wallet remains a key driver for Block Inc. Cash App gross profits grew 24% year over year during the third quarter of 2025, which helped contribute to Block’s overall gross profit of $2.66 billion during the quarter, an 18% increase from a year earlier, Block chief …

Upward Financial, a provider of payments and other financial technology, announced Mastercard Inc. will provide embedded financial technology to Upward’s clients to enable them to launch Mastercard-branded card programs in a matter of weeks. Upward also announced an $8-million seed round co-led by Dundee Venture Capital and Breakwater Ventures Fund. …

Faster payments continues to be among the more advanced payment options coming from acquirers and processors. Now, Nuvei Corp. is among the first to integrate Visa Direct for Account, the processor says. Announced Thursday, the integration means clients on the Nuvei platform can use Visa Direct for Account to send …

Shift4 Payments Inc. early Thursday reported a 26% jump year-over-year in September-quarter processing volume as the company continues to deploy assets acquired in its $2.5-billion deal for the Swiss processor Global Blue. “We are number one in hotels, number one in stadiums, and we are just beginning to bring these …

Payments-technology platform Adyen NV introduced two new point-of-sale terminals, the S1E4 Pro, a mobile device, and the S1F4 Pro, aimed at countertops. The devices will be available for order in the first quarter next year. Processor Lightspeed Commerce Inc. reported September-quarter revenue of $319 million, up 15% year-over-year, on a 22% jump in gross …

Toast Inc. is coming on strong when it comes to adding new locations for its point-of-sale system, with 7,500 net new locations added in the third quarter. That brings it locations total to 156,000 globally as of Sept. 30. It added 8,500 locations in the second quarter and more than …

FIS Inc. historically has been known for its banking technology and for its merchant processing. With its sale of the merchant processor Worldpay to Global Payments Inc., the Jacksonville, Fla-based company has been venturing into other new business opportunities, including artificial intelligence and stablecoins, its top management indicated early Wednesday. …

Wireless carrier T-Mobile has partnered with Capital One Financial Corp. to issue a no-fee credit card that allows cardholders to use the card’s rewards toward the purchase of a new phone or accessories from T-Mobile, and also to pay their monthly bill. The new card was announced by both companies …

Global Payments Inc. early Tuesday heralded updates for its Genius point-of-sale technology as it celebrated a recent regulatory ruling that speeds up the company’s $22.7 billion deal for the processing giant Worldpay. “We now expect to close on Worldpay in the first quarter of 2026,” chief executive Cameron Bready told …