Digital Currency

Embedded payments and embedded finance have taken on an almost viral adoption within the payments industry, and the latest to tweak their services is processor Worldpay Inc. with its new Embedded Finance Engine. In related news, Fiserv Inc. says it will acquire StoneCastle Cash Management in a bid to better …

The international money-transfer system Swift said it plans to add what it calls a “blockchain-based shared ledger” to its technology stack in an effort to process instant cross-border transactions. Some 34 financial institutions from 16 countries are advising Swift on the project. The payments platform Lightspeed Commerce introduced Showroom, a service that provides merchants …

As the popularity of digital payments increases, more businesses and organizations are looking to revamp their strategies to keep up with the trend, according to the Association for Financial Professionals’ 2025 Digital Payments Survey. Among the businesses and organizations surveyed for the triennial study, 76% expect to update their payments …

Fiserv Inc. said it has acquired Smith Consulting Group, a Lake Mary, Fla.-based advisory service for community banks and credit unions. Terms were not disclosed. Reverb, a marketplace for musicians, has introduced its Reverb Wallet, which allows sellers to use marketplace earnings to buy new musical gear. The wallet was developed …

Paysafe Ltd. will process payments for online-trading and investment platform CMC Markets under a newly announced agreement. Some 83% of U.S. executives think that by 2027 most payments will be assisted in some fashion by artificial intelligence, but 25% report they’re losing at least $1 million a year at online checkout, …

MoneyGram International Inc. on Wednesday unveiled a mobile app featuring a U.S. dollar-backed stored-value account that will work with stablecoins as well as fiat currencies. The move, which comes as interest in stablecoins heats up in the mainstream payments market, represents a sweeping update of the remittance company’s mobile technology and …

Payments processor Adyen NV said it is working with the luxury-goods retailer LVMH to unify the company’s payments systems across all of its brands. LVMH operates more than 1,000 stores globally. Payments processor Thredd announced it will support an expansion into the United States and Latin America by Reap, a provider of cards backed …

Peer-to-peer payments competition has increased with the debut of PayPal links, a new way for PayPal users to send funds to others. PayPal links enable users to create a personalized link to share that contains the amount and a short description. PayPal says they can be shared in any conversation, …

Block Inc.’s Square point-of-sale unit launched a national marketing campaign featuring what the company calls a “refreshed brand identity” and a focus on local small businesses. Payments-technology provider Kuvasz Solutions and comforte, a provider of payments-data protection, said they are expanding their partnership to North America from their base in Latin America. Paysign …

Global Payments Inc. announced it has launched its Genius processing platform in the United Kingdom, starting with quick-service and fast-casual restaurants. Genius for restaurants, which launched in May, and Genius for Retail consolidate 16 point-of-sale products into a platform that is marketed internationally. Mastercard Inc. announced it is working with Stripe, Google, and …