Mobile Commerce

Payments provider North American Bancard LLC launched its Payments Hub Developer Portal, aimed at allowing developers to view specifications for application programming interfaces, see product information, and link directly to NAB sales and engineering personnel.Buy now, pay later specialist Splitit Payments Ltd. said it will offer its service on purchases by users of the …

Digital fraud, while nothing new for merchants and payment processors, continues to gain momentum and is predicted to surge even higher during the upcoming a holiday season, a report from Arkose Labs says.  Overall, fraud attacks have increased 15% compared to the previous quarter. In addition, Arkose is predicting 8 …

One of Square Inc.’s priorities these days is to sell its point-of-sale and online technology to merchants larger than the small shops it started with and still largely serves, but that doesn’t mean the San Francisco-based company is neglecting new opportunities with that small-merchant base. One such opening lies in …

One of the most prominent examples of the so-called Internet of Things is the ability to make payments from the dashboard of a car, no mobile device needed. And now a forecast has arrived indicating the number of such transactions worldwide will balloon from 87 million this year to 4.7 …

The Western Union Co. named Devin B. McGranahan as its new chief executive, replacing Hikmet Ersek, who is retiring at the end of 2021. Ersek’s 21-year Western Union career includes the past 11 years as CEO. McGranahan comes to the money-transfer giant from processor Fiserv Inc. where he most recently was …

Regulatory changes in its European market have hammered Paysafe Ltd.’s digital wallets, chopping the company’s quarter-to-quarter payments volume and revenue and forcing its top executives to spend a good deal of time Thursday morning explaining the impact to stock analysts. “We are facing challenges in our digital-wallet business. It’s performing …

Buy now, pay later powerhouse Affirm Inc. will be the exclusive provider of BNPL services for Amazon.com until the end of January, 2023, under a deal Affirm announced Wednesday. Affirm will also be included as an option in Amazon’s wallet, Amazon Pay, according to the agreement. The agreement represents a …

Payments processor Shift4 Payments Inc. announced early Wednesday a service outage at a major processor in August cost the company more than $22 million in payments to affected merchants. But it added the Allentown, Pa.-based company is plunging into a range of new markets with major clients including Allegiant Airlines, …

Presto, a provider of payment tablets for the restaurant industry, said it will go public through a merger with Ventoux CCM Acquisition Corp., a special purpose acquisition company. The deal values the combined company at an estimated $1 billion. Presto, whose clients include major brands like Applebee’s and Outback Steakhouse, …

Processor Nuvei Corp. announced it handled $21.6 billion in volume in the third quarter, up 88% year-over-year, with e-commerce accounting for 83% of that total. Revenue grew 96% to $183.9 million. Nuvei completed its initial public offering last month and trades on the Nasdaq.Global business-to-business and business-to-consumer e-commerce volume will hit $6 trillion next year, …