E-Commerce

Disappointing third-quarter results sent Paysafe Ltd.’s shares down in early trading Thursday, as the processor and digital-wallet company sought to reassure analysts and the market. One early action at the company is the appointment of a chief commercial officer, Rob Schonfeld, who arrived in that role Nov. 2 with experience …

The nascent use of artificial intelligence in commerce continues to make advances with Kernel, which supplies browser infrastructure for AI agents, completing an integration with Stripe Inc. and Agentcard to limit card data exposure when used in agent payments. San Francisco-based Kernel says this lets browser agents pay on a …

The Western Union Co. announced it has terminated a previously announced agreement to acquire International Money Express Inc., or Intermex, citing what it termed as “unacceptable” final conditions of approval from the California Department of Financial Protection & Innovation. The agreement, announced Aug. 10, valued Intermex at approximately $500 million. …

Consumers will keep one eye on their gift lists this holiday shopping season and the other on discounts and rewards to help pay for the gifts, suggests a new survey from Synchrony. Consumer finance specialist and issuer Synchrony says 66% of consumers plan to use retailer rewards they’ve earned to …

Priority Commerce said it will provide ticket payment processing for the Cleveland Browns National Football League team. Global Payments Inc. said it expanded its Adaptive Authentication Platform to include the Visa Intelligent Data Exchange API. This technology can help improve authorization rates, reduce customer challenges, and aid efficiency. Owlting Group, …

Affirm Holdings Inc.’s bet on its Affirm Card, a debit card that enables users to buy now and pay later, may be paying off for the BNPL provider. The number of active card users reached 6 million in the company’s fiscal first quarter ended Sept. 30, a 112% increase from …

PAR Technology Corp., a point-of-sale provider for restaurants and retail, reported its third-quarter revenue totaled $137.1 million, up 15% year-over-year, while its net loss fell by half to $9 million. The company said it serves 174,400 active sites. Payments platform PSQ Holdings Inc. reported third-quarter revenue of $7.34 million, up 67% from …

Though still in the infant stages, agentic commerce is being readied for an expected maturation as a much-used shopping channel. Visa Inc. is taking steps to help with the release of its Agentic Commerce Benchmark. The tool, now available for anyone to use online, puts AI models through what Visa …

Global Payments Inc.’s top management early Thursday reported broad plans for its crucial Genius point-of-sale system while outlining its near-term approach to such critical technologies as artificial intelligence and its close relative, agentic commerce. The Genius technology, launched in the spring of last year, has now grown into “the flagship …

Fifty percent of U.S. adults want to approve every transaction an AI agent might make for them, found a survey from FIS Inc. When asked about the conditions they would want to trust AI with their money, 58% wanted a refund guarantee for mistakes and 56% wanted access to a …