Toast Inc. early Thursday unveiled Toast Go 3, the latest version of its handheld point-of-sale terminal for restaurants. Toast Go 3 offers cellular connectivity, as opposed to Wi-Fi only, and includes ToastIQ, an intelligence engine intended to offer personalized recommendations. The addition of cellular connectivity will enable staff to use …
Read More »Nuvei’s Latest Move and other Digital Transactions News briefs from 7/31/25
The processor Nuvei said it has expanded its global clearing and settlement services into the U.S. and Canadian markets. Mastercard Inc. reported second-quarter net revenue of $8.1 billion, up 17%, with net income of $3.7 billion, a 14% rise. Lightspeed Commerce Inc. reported June-quarter revenue of $304.9 million, up 15% from the same period …
Read More »Visa Looks to Stablecoins and Remittances to Fuel New Growth Opportunities
With consumer spending remaining resilient, stablecoins and remittances represent future growth opportunities, Visa Inc. chief executive Ryan McInerney told equity analysts during the network’s 2025 fiscal third-quarter earnings call late Tuesday. On the stablecoin front, McInerney said Visa is supportive of the recently passed GENIUS Act, which provides a regulatory …
Read More »COMMENTARY: The Cost of Friction: Rethinking the Payment Experience
In the world of payments, it’s easy to focus on the visible costs—processing fees, transaction expenses, vendor rates. But often, the real cost hides in plain sight. It shows up when a payment fails, when a customer gives up mid-transaction, or when confusion leads to a flood of support calls. …
Read More »Cash App Launches Pools and other Digital Transactions News briefs from 7/30/25
Block Inc.’s Cash App has launched pools, a peer-to-peer payments capability that enables group payments with what Block calls “a few taps.” Routable, a provider of accounts-payable technology, said it will work with Brale, a stablecoin developer, to enable businesses to pay vendors and contractors in stablecoin through Routable’s platform. The blockchain …
Read More »Darwinium Launches New Tools to Combat AI-Assisted-Fraud
Darwinium, a provider of cybersecurity software, has rolled out two new modules aimed at enhancing its digital-security and fraud-prevention platform. The modules detect criminals’ use of malicious AI agents to bypass a business’s fraud prevention defenses. The two new modules, called Beagle and Copilot, simulate malicious AI-based attacks to distinguish …
Read More »PayPal Hails a Gambit Aimed at Avoiding Wallet Confusion
PayPal Holdings Inc.’s latest wallet initiative, PayPal World, will go live this fall and aims to reach more than 2 billion consumers, the company’s chief executive said early Tuesday. Alex Chriss followed up on an earlier announcement of the initiative by stressing how the venture will tie together five of …
Read More »PayPal Launches Pay with Crypto for Cross Border Transactions
PayPal Holdings Inc. early Monday launched Pay with Crypto, a cross-border payment option that instantly converts cryptocurrencies to stablecoins or fiat currencies. The new payment option provides merchants and consumers a unified platform that connects fiat and digital payments and supports more than 100 cryptocurrencies and crypto wallets, such as …
Read More »Fiserv Faces a Suit Over Claims It Misled Investors on a Merchant Migration to Clover
Payment processor Fiserv Inc. faces a lawsuit over allegations it misled investors over how it handled migrating merchants to Clover from its now retired Payeezy payment gateway, according to Labaton Keller Sucharow LLP, the New York City-based law firm representing the plaintiff, the City of Hollywood Police Officers’ Retirement System …
Read More »COMMENTARY: How Embedded Lending Is Transforming the Payment Stack
Embedded lending is rewriting the rules of how payments work, eliminating the need for separate credit approvals and enabling built-in financing directly into digital wallets and checkout processes. In the past year, 45% of Gen Z and Millennials used BNPL services, and these numbers are expected to rise. The global …
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