Magnolia Soap & Bath Co. will adopt the Square point-of-sale system for its 50 locations, including a module designed for franchises. Founded in 2016, Magnolia uses the franchise model to expand and has stores in 17 states. It will use Square for Retail, a service that includes branded micro-sites for …
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Finix Payments Inc. is leaning into the unattended payments arena with the launch of its Android-based point-of-sale terminal designed for self-service payments. In related news, Deluxe Corp. formed a merchant services partnership with Dollar Bank. San Francisco-based Finix says its new POS terminal is meant to meet demand for contactless, …
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N3XT Inc., a blockchain-powered bank, has partnered with YouHodler, a Web3 platform that supports crypto-backed loans, crypto-reward accounts, cryptocurrency trading, and universal currency exchange. Launched in 2025 by former Signature Bank executives, N3XT provides instant, programmable USD Coin business-to-business payments. A so-called narrow bank, N3XT Inc., uses smart contracts for automated, …
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American Express Co. said it will build a new headquarters building in New York, encompassing nearly 2 million square feet of office space. Expected to be completed in 2031, AmEx will be the sole occupant and owner of the structure. It did not disclose the estimated cost of the 55-floor building, …
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Fuel retailer Citgo Petroleum Corp. launched Citgo PlusPAY, a mobile payment method that now offers automated clearing house payments. Processor accesso Technology Group has renewed through 2030 an agreement to handle ticketing for the State Fair of Texas. The fair takes place over 24 days in the fall, attracting more than 2 million …
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Global Payments Inc. said it has launched what it calls the payments industry’s first modular countertop point-of-sale device, aimed at retail stores and restaurants. The device, set for commercial rollout in December and tied into Global’s Genius processing platform, is aimed first at enterprise clients, followed by small businesses in …
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Banking and financial-services provider HSBC has opted to use account-validation and risk-detection services from Validifi Inc. to verify account ownership and detect fraudulent payment attempts on bank accounts used to pay credit card balances, Validifi says. One Inc, a payments platform serving insurance companies, said it has launched its ClaimsPay service, with …
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Mastercard Inc. unveiled Merchant Cloud, a payments platform aimed at easing the way for businesses to conduct commerce globally while entering new markets and adopting new end-user technologies. Block Inc. said it will work with food-delivery service Grubhub to overhaul restaurants’ ordering systems by integrating with Square’s point-of-sale platform and adding Cash …
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Advisory firm Deloitte issued a report that forecasts authorized push payment fraud in the United States could conservatively swell to $12.4 billion in losses or more aggressively to $18.2 billion by 2028 from the 2024 tally of $8.3 billion. Payroc World Access LLC has closed on its acquisition of BlueSnap Inc., a payments-orchestration and …
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Global Payments Inc. announced a version of its Genius point-of-sale payments platform is available for colleges and universities in the U.S. and Canada, including campus dining. The U.S. Faster Payments Council will work with the Accredited Standards Committee X9 Inc., a developer of standards for the U.S. financial industry, to speed development …
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