Small businesses experienced a single boost in April from March, according to the Fiserv Small Business Index. The metric increased from 150 in March to 151 in April, Fiserv Inc. says, reflecting activity from small businesses providing more essential services. Consumers, however, have pulled back on their discretionary spending. “Small …
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ServiceMonster, whose software serves carpet- and window-cleaning providers, launched ServiceMonster Payments, a platform allowing service providers to process payments within the ServiceMonster desktop or mobile app. Payment finance platform Infini has launched its Global Card, a virtual card that offers yields on stablecoin balances and spending through such wallets as Apple Pay, …
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Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its posting lower than projected gross profits during the first quarter, the company said during a conference call late Thursday to discuss its first-quarter results. Block is the parent company of the …
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Cryptocurrency remains far from mainstream payments, but it keeps edging closer in the United States and worldwide. Further evidence emerged early Friday with news that the money-transfer platform MoneyGram International Inc. has launched MoneyGram Ramps, an application programming interface aimed at easing crypto-based transfers. Simultaneously, a crypto app called Bitget …
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Visa Inc. late Wednesday introduced Visa Intelligent Commerce, an artificial intelligence-based shopping service that enables AI agents to shop and make purchases for consumers. AI agents are software programs that use artificial intelligence to gather information and take actions to achieve clearly defined goals with a minimum of human intervention. The …
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Electronic Merchant Systems, also known as EMS, said it has invested in Payment Nerds and Pet Payments, both of which have signed distribution agreements with EMS. The extent of the investment was not disclosed. Merchant services and check printer Deluxe Corp. reported $536.5 million in first quarter 20245 revenue, up 0.3% from …
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A proven business model built around executing the fundamentals in consumer and business payments was the engine for solid growth during Visa Inc.’s second quarter of its 2025 fiscal year, the card network’s top executives indicated late Tuesday. The strength of Visa’s business model is evident in the network’s financial …
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A test this past September of a real-time pay by bank payments option inside the Walmart app indicates the service is on track for a broader debut in 2025, Digital Transactions News has learned. Speaking at the Nacha Smarter Faster Payments 2025 conference in New Orleans, Sarah Arnio, Walmart Inc. …
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Affirm Inc. has launched AdaptAI, a promotions platform aimed at merchant clients and relying on artificial-intelligence technology. Business-software platform onPhase announced it will incorporate the Paymode business-payments feature from Bottomline Technologies Inc. Bluefin Payment Systems LLC has agreed to integrate its payment-processing platform and point-to-point encryption technology in C-Park, the parking-management software from Campus …
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PayPal Holdings Inc. recorded a tepid 1% growth rate in revenue in the first quarter, with overall transaction revenue flat, but the company’s stress on branded checkout appears to be yielding more optimistic results, the company reported early Tuesday. PayPal is also building up its cryptocurrency business and beginning a …
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