Mobile Commerce

Pressure on Fiserv Inc. has mounted in recent weeks, and now an activist investor is calling on the big Milwaukee-based processor to divest assets that lie well beyond its two debit networks. In an open letter to Fiserv’s board on Thursday, Jana Partners Management LP urges Fiserv’s board “to take …

The Western Union Co. reported June-quarter revenue of $1 billion, flat with the year-ago result. Net income of $76.7 million was down 37%. Revenue from consumer money transfers totaled $866.1 million, down 2%; for the first half of the year, consumer-transfer revenue fell 3% to $1.71 billion. Setomatic Systems, a provider …

As payments executives wrestle with fast-moving trends in AI-driven commerce and in cryptocurrency, particularly stablecoins, card networks are gearing up to win more business in both markets. And network executives see those trends accelerating, creating opportunities to grab market share if they act fast. “Agentic commerce is the next evolution …

MoonPay USA LLC launched PayBox, its payment vault for AI that enables a user’s AI agent to transact on the open internet without leaving the AI conversation they are in. Corporate payments processor Corpay Inc. announced Agent Card, a platform enabling creation of virtual cards for commerce conducted by AI agents. Cresora Commerce has …

Apple Inc. and Klarna AB are launching a new lease program called Apple Upgrade for Apple devices that sees consumers apply for a Klarna account. Consumers will use the Klarna app to monitor their Apple Upgrade account. Initially rumored last week, the now verified program offers users 12- and 24-month …

X said it has become the first U.S. social-media platform to embed FDIC-insured, interest-bearing accounts, a Visa debit card, and other payments services. The move arises from a link between X Money and Cross River Bank. Working with equipifi, a buy now, pay later platform provider for financial institutions, MIT Federal Credit …

Payments provider Kurv is applying the notion of all-in-one access not just for its merchants, but for its sales agents, too, with the release of Kurv Agent. The online portal contains several tools that agents might have had to access one-by-one. Among the suite of tools is the ability to …