Barely three months since taking over the top spot at PayPal Holdings Inc., Enrique Lores is heading up a reorganization of the venerable payments company. Announced late Wednesday following a CNBC report earlier in the day, PayPal says it will migrate to a three-business operating model. The three are checkout …
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Like other international payments networks, Mastercard Inc. is wrestling with the impact of the conflict in the Middle East while at the same time adjusting to the ripple effects of agentic commerce and digital currency. Early Thursday, the company’s top executives took pains to assure the financial community that they’re …
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Stripe Inc. has notched money-transfer services as a customer category with MoneyGram’s adoption of the payment processor’s technology for its retail locations. Additionally, Lightspeed Commerce Inc. is selling Upserve, a hospitality point-of-sale platform it acquired in 2020. Dallas-based MoneyGram International Inc., which went private in 2023, says it will use …
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Visa Inc. early Wednesday announced it is expanding support for agent-led commerce to Latin America and the Asia-Pacific region, and also said it is widening its venture in stablecoins with the addition of five blockchains, bringing the total to nine. The five additional blockchains include Arc from Circle Internet Financial, …
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Real-estate software developer MRI Software said it has named Deluxe Corp. its official processing partner for its rent-payment technology. Commerce.com Inc., the parent company of e-commerce platform BigCommerce, said it has integrated PayPal Holdings Inc.’s Store Sync technology in BigCommerce’s App Marketplace and Channel Manager. The move aims to make Commerce merchants’ …
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The FIDO Alliance said it will develop interoperable standards for agentic interactions and commerce and has formed the Agentic Authentication Technical Working Group to oversee that effort. BlueSnap, a unit of Payroc, said it now provides local acquiring services in New Zealand. This enables BlueSnap to process payments through a domestic acquiring …
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It’s still early days for agentic commerce, in which artificial-intelligence agents could complete a shopping transaction on behalf of a consumer. And it appears consumers may want to forestall such transactions until they get much more comfortable with the technology, suggests the Riskified Agentic Commerce Pulse first-quarter report. Riskified, with …
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Money-transfer provider The Western Union Co. is facing what it calls “headwinds” in its Americas consumer retail business, but the company is looking for growth in its new stablecoin and other digital operations. Total first-quarter revenue of $983 million was flat compared with a year earlier, Denver-based Western Union reported …
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Voice-ordering specialist Maple Inc. said it is working with Quantic POS, a cloud-based point-of-sale system provider, to make Maple’s artificial intelligence voice-ordering platform available to Quantic merchants. Coastal Pay Inc. released its updated payment gateway that offers easier surcharging and dual pricing compatibility. Buy now, pay later provider Sunbit said it is now available on …
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