Mobile Commerce

A top executive at Coinbase Global Inc. said Friday the Securities and Exchange Commission has withdrawn an enforcement action against the cryptocurrency platform, a move the executive lauded as a “victory not just for Coinbase, but for our customers, the United States, and individual freedom.” “We’ve always maintained that we …

Thesis, a venture-financing platform, said its client Fold Holdings Inc. has become the first Bitcoin-related company to go public on the Nasdaq. Fold, trading under the symbol FLD, enables users to earn Bitcoin as rewards on ordinary purchases. Payments processor RevitPay appointed Jack Berry chief revenue officer. Berry formerly was an executive with PaymentCloud. …

Cash App was a big growth driver last year for Block Inc. and is expected to remain so as 2025 unfolds, the company said during a conference call late Thursday to discuss Block’s fourth-quarter results. Block is the parent company of the Square and Cash App businesses. During the last …

New West Technologies Inc. has launched PayFusion365, which relies on an integration of payment processor Braintree with Microsoft Dynamics 365 that is expected to offer merchants the ability to more readily divide payments among retail, e-commerce, subscription, and other uses. Braintree is a unit of PayPal Holdings Inc. Users of the Venmo payments …

Consumers shopping for the latest in Adidas shoes and sportswear have a new payment option online and in-app with Amazon.com Inc.’s Buy with Prime option. In related e-commerce news, pay-over-time provider Affirm says its exclusive buy now, pay later service for Shop Pay on the Shopify platform will be available …

For financial institutions that have so far adopted real-time payments, 58% have opted for both FedNow and The Clearing House Payments Co.’s RTP system. But only 41% of large banks and 28% of businesses agree that the United States is moving fast enough toward adoption of faster payments. This is …

Mastercard Inc. announced early Wednesday the launch of One Credential, a digital-payment solution that supports multiple payment methods such as credit, debit, and prepaid, as well as installment loans, on a single card. Targeted primarily at Gen Zers, One Credential allows consumers to tailor their payment methods to better manage …

Shift4 Payments Inc. is beefing up its operations in Europe on the eve of founder and chief executive Jared Isaacman’s departure to run the National Aeronautics and Space Administration. The Allentown, Pa.-based processor announced late Tuesday a $2.5-billion agreement to acquire Global Blue, a Switzerland-based international platform providing transaction services …

Toast Inc. has signed Ascent Hospitality Management, which owns and manages the Perkins American Food Co. and Huddle House restaurant chains, as a client. Ascent will install Toast’s payments platform in 500 Perkins and Huddle House locations initially. Ascent installed the first Toast platform at a Perkins location last fall, the …

Mastercard Inc. is launching a new service it says will help financial institutions better serve their middle-market business clients. The card brand also is working with Feedzai, a fraud-prevention provider, to help FIs better identify and stop scams. Announced Tuesday, the Mastercard Mid-Market Accelerator suite of products is aimed at …