A newly released standard for QR code payments could make it easier for consumers and merchants to use instant payments, says the Accredited Standards Committee X9 Inc. X9 is a nonprofit organization that develops and maintains national and international standards for the financial-services industry. The new standard, officially called X9.150, …
Read More »Shift4 Leans on Global Blue to Launch Shift4 One for International Payments
Ever since Shift4 Payments Inc. paid $2.5 billion last year to acquire Global Blue, the processor has looked for ways to leverage the international shopping platform’s strengths in tax-free shopping for international travelers. The latest development emerged early Tuesday with Shift4’s launch of Shift4 One, a move the company says …
Read More »Repay Rejects Takeover Bid and other Digital Transactions News briefs from 7/14/26
Bill-payment technology provider Repay Holdings Corp. said its board has unanimously rejected a revised, unsolicited offer from Forager Capital Management LLC to acquire the company with a $5.25-per-share cash offer, arguing the bid undervalues the company. In related news, Repay has appointed Zachary F. Sadek to its board of directors. Sadek is a senior …
Read More »Payoneer Pushes Development Effort
Payoneer Inc. is continuing its software-development push with the opening of a new developer hub in India this week. In June, processor Nuvei Corp. said it would acquire Payoneer in a $2.75 billion deal that is expected to close mid-2027. New York City-based Payoneer says the hub, in Gurugram near …
Read More »Mastercard Looks to Sell a Major Piece of Vocalink, Its U.K. Payments Business
Mastercard Inc. is looking to sell a majority interest in its United Kingdom-based Vocalink payments-processing business, according to press reports that emerged early Monday. DeliveryCo, a technology company backed by U.K. banks and payments platforms, is reportedly a potential buyer. A 51% stake in 19-year-old Vocalink could fetch nearly $535 …
Read More »NuBank Receives Bank Approval and other Digital Transactions News briefs from 7/13/26
Nu Mexico, a Mexico-based, 7-year-old credit card issuer with 15 million customers, received approval from regulators to begin doing business as a bank, making it the country’s largest digital bank. Singapore-based Webuy Global Ltd. launched its Smart Travel Card, which features assistance by AI agents in trip preparation, transportation, and payments, among …
Read More »Online Sales Platform Digistore24 Adds Instant Bank Payments
E-commerce platform Digistore24 Inc. is adding another payment option, one that allows consumers to pay directly from their bank accounts for purchases made at merchants that use the platform. Dubbed Instant Bank Payments, the service is available for U.S. transactions and is enabled by a Stripe Inc. service, Stripe Link. …
Read More »Circle Wins Approval of Its Banking Plan
Circle Internet Group Inc. said its plan to establish First National Digital Currency Bank, N.A., has been approved by the Comptroller of the Currency. The bank’s operating name will be Circle National Trust. Circle submitted its banking application June 30 last year and received conditional approval in December. The move …
Read More »Proof and Enigma Take on Agentic Trust with a Certificate Program
Identity-authorization network Proof and business-identity platform Enigma Technologies Inc. are looking to a new certificate program to take on the issue of how to trust businesses operating in an agentic-commerce environment. Announced Thursday, the program, called Business Certificates, will be a verified credential layer that identifies a participating business to …
Read More »Swift Launches a Service Based on Tokenized Money; Nium Buys Cypher
A blockchain ledger developed by the financial-messaging platform Swift debuted with an announcement early Thursday by the Brussels-based network. Declaring the system “ready for initial use,” Swift said the technology will enable cross-border payments at all times of day or night using tokenized deposits, or digital equivalents of fiat currency. …
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