Competitive Strategies

The big processor Worldpay announced it will support the Agentic Commerce Protocol, a standard that allows artificial-intelligence agents to work with buyers and businesses to complete transactions. The processor Fiserv Inc. reported third-quarter revenue of $5.26 billion, a 1% year-on-year increase. Year-to-date revenue rose 4.6% to $15.9 billion. Net income for the quarter totaled …

Circle Internet Group Inc. has launched a public test for its Arc blockchain, with participation from more than 100 companies. Circle announced Arc in August for cross-border payments using cryptocurrency. A report from Money20/20, “How will North America’s money move in the future?” forecasts total cross-border payments volume from the Americas will grow …

Banking and payments platform Klarna AB announced early Monday a global membership program featuring Premium and Max rewards levels and offering cash back and benefits related to travel. The new program is starting out in Europe but “expansion to the U.S. is planned for the coming weeks,” the payments company …

Banking and financial-services provider HSBC has opted to use account-validation and risk-detection services from Validifi Inc. to verify account ownership and detect fraudulent payment attempts on bank accounts used to pay credit card balances, Validifi says. One Inc, a payments platform serving insurance companies, said it has launched its ClaimsPay service, with …

Alacriti, a provider of cloud-native payment and money-movement services, has integrated Visa Direct into its Orbipay Payments Hub. The integration will enable financial institutions in North America to provide card-based real-time payments, even if they do not have a connection to a real-time payments hub, such as the RTP network …

Early Warning Services LLC announced early Friday its Zelle payments network will expand internationally by using stablecoins for cross-border transactions.  Many details of the new initiative, such as expected volumes and fees, were not immediately available, but the move is aimed at offering faster international payments capability “to Zelle customers …

Zip Co. Ltd. said its payments services are available for U.S. merchants through checkout services managed by Stripe Inc., including Elements, Checkout, and Payment Links. Fintech Everyday People Financial Corp. has agreed to manage network-branded card and digital-wallet programs offered by XTM Inc., a provider of real-time payments and earned-wage access, in a deal …

Buy now, pay later providers continue to make inroads in payments, with Splitit Payments Ltd. integrating a service to make it easier for banks to offer their customers installment plans at checkout. Meanwhile, Affirm Holdings Inc. expanded how it works with processor Worldpay LLC by integrating its BNPL service into …

CardFlight Inc. announced Tap to Pay on iPhone is now available to client merchants using Worldpay for processing. Rokt Corp., an e-commerce marketing-technology company, said PayPal Holdings Inc. has started to use its services to support advertisements that appear on “thank you” pages following peer-to-peer payments. PayNearMe Inc. said it has rolled …