E-Commerce

Finastra, a London-based developer of payments software for banks, said Wednesday it will work with Circle Internet Group Inc. to let banks include stablecoin settlement in their cross-border payments processing. In related news, the cross-border payments technology provider Tazapay announced it has closed on a Series B round with funding …

Worldpay LLC announced it will continue processing payments for Henry Schein One under a new long-term contract. A dental-software house, Henry Schein One, serves 75,000 practices. Worldpay is in the process of becoming part of Global Payments Inc. Private-equity firm GTCR has acquired Innovative Systems, a 27-year-old provider of payments and bill-processing software. …

VersaBank USA started a pilot for its USDVBs, tokenized versions of actual cash deposits at the bank. The move follows a similar pilot by the bank in Canada. VersaBank says it will seek a non-objection statement from the Office of the Comptroller of the Currency before launching the product commercially. Thread …

Authvia, a provider of text-to-pay and conversational-commerce technology for independent software vendors, independent sales organizations, banks, and merchants, has integrated Visa Direct into its TXT2PAY platform. The integration allows merchants and businesses to initiate outbound disbursements, as well as receive inbound payments, in real time. As a result, merchants will …

Buy now, pay later services might be mostly associated with e-commerce, but BNPL providers are steadily moving acceptance into stores. The latest is Klarna AB with Monday’s announcement it is now an in-store payment method at more than 400 Walmart Inc. locations across Canada. Sweden-based Klarna says Walmart is its …

American Express Co. and the National Trust for Historic Preservation announced 50 restaurants will each get a $50,000 grant plus one year of free service from Resy, an AmEx company. The grants are part of the Backing Historic Small Restaurants program. Payments provider TouchSuite said it acquired a majority ownership in STG, a …

Gather Federal Credit Union in Hawaii has partnered with equipifi Inc. to become the first credit union in the state to offer buy now, pay later to its members. The credit union, which has more than 39,000 members on the islands of Kauaʻi and Niʻihau, will offer the service as …

Technology provider Q2 Holdings Inc. announced Open Payment Network is its first partner to offer integration for Q2 Instant Payments Manager, a product aimed at banks looking to manage real-time payment workflows. Canada-based payments provider Corpay Inc. announced its cross-border platform has become the official foreign-exchange partner to the New Zealand Football club. Klear.ai, …

Shift4 Payments Inc. expanded its portfolio of professional sports teams early Wednesday through a partnership with the Detroit Lions of the National Football League. Shift4 will provide processing for game tickets and in-stadium commerce, including concession and merchandise sales, on game days. The Lions will deploy Shift4’s SkyTab point-of-sale system …

Credit card users are almost as satisfied using a buy now, pay later option as they are a credit card, finds new research from YouGov. Meanwhile, American Express Co. is adding new perks to entice its cardholders. The YouGov report, which is based on rolling survey data collected from U.S. …