Digital Currency

Sightline Payments, a specialist in payments for the gaming industry, announced it has completed a recapitalization, with participation from “most” existing major investors. The 15-year-old company estimates the U.S. digital gaming industry at $30 billion in annual revenue. Generation Z is overwhelmingly adopting digital-payment methods, with 92% using peer-to-peer payment …

A top executive at Coinbase Global Inc. said Friday the Securities and Exchange Commission has withdrawn an enforcement action against the cryptocurrency platform, a move the executive lauded as a “victory not just for Coinbase, but for our customers, the United States, and individual freedom.” “We’ve always maintained that we …

Cash App was a big growth driver last year for Block Inc. and is expected to remain so as 2025 unfolds, the company said during a conference call late Thursday to discuss Block’s fourth-quarter results. Block is the parent company of the Square and Cash App businesses. During the last …

New West Technologies Inc. has launched PayFusion365, which relies on an integration of payment processor Braintree with Microsoft Dynamics 365 that is expected to offer merchants the ability to more readily divide payments among retail, e-commerce, subscription, and other uses. Braintree is a unit of PayPal Holdings Inc. Users of the Venmo payments …

EasyPark Group, a provider of technology that allows drivers to find and pay for parking, said it has acquired rival parking app developer Parkopedia. Terms were not announced. The health-care fintech Veuu Inc. announced it will work with Wipro Ltd., a consulting company, to develop an instant-payment service for transactions between payers …

Identity and verification services firm AU10TIX released its “2024 Report on Global Identity Fraud” that found 54% of attacks in the first quarter were against the payments sector but declined to 43% by the fourth quarter because of tougher law enforcement. Euronet Worldwide Inc., a U.S.-based processor operating in Europe, said that …

One Inc, a payments platform for the insurance industry, reported it signed 87 new agreements in 2024, with revenue up 55% for the year. The company exited the year at an annual run rate of $100 billion in processing volume, it said. Corpay Inc. said its cross-border payments platform launched Multi-Currency …

Acquirer Square released a new video series called “Running a Restaurant Is No Joke” that uses humor to highlight how Square can help restaurant operators. Now live on Square’s Web site, the series also will appear in various media and social outlets. RedotPay, a digital-currency payments platform, said it is working with …

Trustly, an open-banking specialist, will work with payments specialist Spreedly to offer pay-by-bank services to merchants. ACI Worldwide Inc. will work with Banfico, a provider of technology for open banking and regulatory compliance, to help banks and payment service providers in Europe comply with confirmation of payee and verification of payee …

FIS Inc. said it is one of the first fintechs certified to offer send capability on credit transfers through the FedNow real-time payments network, operated by the Federal Reserve. The company is offering the new service to bank clients for use by both consumers and commercial clients. Hospitality point-of-sale services specialist Olo said …