Mobile Commerce

Chip cards for recipients of the Supplemental Nutrition Assistance Program may be on the horizon because the Food and Nutrition Administration of the U.S. Dept. of Agriculture has issued a proposed rule that all states adopt the technology as one way to count fraud. Currently, just eight states issue chip …

NCR Voyix Corp.’s Aloha Next point-of-sale terminals will soon be used in nearly 600 First Watch Restaurant Group Inc. locations. In related news, Priority Commerce says it signed a multiyear deal to process ticket payments for the Cincinnati Bengals. Atlanta-based NCR Voyix says its multiyear deal with First Watch also …

PayPal Holdings Inc. reported a 2% rise year-over-year in third-quarter net revenue, to $8.58 billion, on a 6% increase in total payment volume, to $487.1 billion. Payment transactions rose 7% to 6.796 billion, while active accounts, at 440 million, were virtually flat, rising 0.6%. GAAP net income fell 14%, to $1.07 …

The allure of financial accounts continues to attract bad actors, and now they are using AI and deepfakes to impersonate legitimate consumers, making it tougher for companies to protect these accounts. That’s one takeaway from Microblink’s latest review of account-takeover fraud data. Microblink, a fraud-prevention firm based in Brooklyn, N.Y., …

The U.S. Faster Payments Council on Friday released guidelines for messages that financial institutions use in association with real-time payments or other transfers processed within a matter of hours or minutes. Such messaging can cover matters related to payment requests, return of money, payment status reports, and exchange of other …

Chargebacks911 launched an AI agent to help merchants protect qualifying purchases made through AI agents without replacing their existing fraud prevention tech or restructuring their payments systems. The new service also provided indemnification against qualifying chargebacks associated with these purchases. Investment firm Francisco Partners completed its $650 million acquisition of …

Joining a trend building in the buy now, pay later payments sector to gain more control over their operations and offer more diversified services, Sezzle Inc. reported Thursday it has filed an application with the Comptroller of the Currency to charter a national bank to be known as Sezzle Bank …

Payments provider Viewpost has agreed to work with Birchstreet, a provider of hospitality-industry technology, to include AI-enabled embedded payments for hospitality customers. Oak View Group, operator of a network of live-entertainment venues, will offer its employees earned-wage access service through Payactiv throughout Oak View’s U.S. operations, involving more than 40 …

For some restaurant chains, innovation is coming in force to the common drive-through, with the latest example emerging early Thursday with the chicken-sandwich operator Bojangles’ announcement that it is extending an agreement to deploy an AI-based drive-through ordering technology from Tel Aviv-based Hi Auto Ltd. Charlotte, N.C.-based Bojangles, which operates …