Mobile Commerce

Payments fraudsters are embracing not just the transaction, but the associated elements of a transaction, such as exploiting account creation and changes prior to the payment. That’s one reason Accertify Inc. launched its Predictive Yes Platform. Itasca, Ill.-based Accertify says the new platform addresses these issues by combining identity, behavioral, …

Replit Inc., a Foster City, Calif.-based developer of software for the booming agentic-commerce market, announced it will work with Visa Inc. on an integration of Visa agentic commerce into Replit’s platform. The company also reported an investment from Visa, terms of which were not specified. Visa, which launched its Intelligent …

Consumers turned to debit cards in increasing numbers in the first quarter, finds the inaugural Galileo Debit Spend Index. Released Thursday, the report found that consumer use of debit cards at both fast food and sit-down restaurants increased more than 18% in the quarter, a reversal of a downward trend …

Some 73% of online merchants are not ready for AI agents, while AI agents are at least in some cases recommending “unreliable merchants,” according to research from Ballerine, a specialist in merchant risk and compliance. The company conducted 47 interviews among card networks, acquirers, merchants, AI platforms, and payment service providers. …

Experian plc, most known among consumers as a credit-reporting agency, says it is collaborating with processor Fiserv Inc. on Experian Link, a service to make it easier for merchants to verify a consumer’s identity with debit card ownership data. Announced Wednesday, the cooperative endeavor will see Fiserv’s proprietary debit card …

Nium Pte. Ltd., a provider of cross-border payments technology, is working with Circle Internet in a collaboration using stablecoins for settlement and local currency for last-mile delivery of country-to-country transactions. The project aims to solve what the partners say is a longstanding problem—fast payments that can slow considerably when it’s …

Business-to-business billing and revenue management platform Maxio LLC said credit card surcharging is now available in its Maxio Payments service. Payments platforms Ordr and FreedomPay said they are collaborating to create a gateway and commerce platform for companies offering live entertainment around the world. Payments platform NCR Voyix Corp. said it is working with U.S. Bank’s …

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 …

The world’s payments systems are still a long way from adopting digital currencies as a standard medium of exchange, but day by day the path to that future gets clearer. Early Monday, a 6-year-old cryptocurrency network called Mesh said it is widening an existing integration with Base, a crypto app …

As AI makes advances in digital commerce, payments executives are beginning to raise questions about the process and its risks. For some players, the process remains at least partly opaque on such questions as what party takes responsibility when transactions go wrong. Other pending questions include whether the industry can …