Mobile Wallets

The payments-technology firm Gr4vy Inc. said it will work with Datalex, a technology provider for airline e-commerce, to enable payment orchestration capabilities for the airline industry. Payments provider Priority Technology Holdings Inc. said it has closed on an acquisition of revenue agreements and customer relationships owned by Boom Commerce, a Priority reseller. Priority said it expects …

The processor Nuvei Corp. announced an integration with Zuora Inc., a technology developer for subscription businesses, to provide payments technology for Zuora clients. The subscription market globally is forecast to reach $996 billion in volume by 2028, compared to $593 billion last year, according to Juniper Research data cited by Nuvei and …

Fintiv Inc., a digital-wallet developer, has sued Apple Inc., alleging the iPhone maker stole mobile-wallet technology from Fintiv to further its development of Apple Pay. The case was filed in the Northern District of Georgia, Atlanta Division. Apple Pay debuted in October 2014. Fintiv at the time was known as …

CDK Global LLC, a provider of cloud-based software for auto dealerships and original equipment manufacturers, has launched SimplePay, a cloud-based payments solution for auto dealers. Austin, Texas-based CDK developed SimplePay to help dealers streamline payments throughout their dealerships, such as service, parts, and accessories purchases through a single platform. The …

Revenue from its stablecoin offerings grew smartly in the second quarter for cryptocurrency platform provider Coinbase Global Inc. against a backdrop of a tough digital currency market. New York City-based Coinbase reported Thursday that it posted $332.5 million in stablecoin revenue, up 38% from $240.4 million in the year-earlier quarter. …

Payments platform Blackhawk Network Inc. is working with Fold Holdings Inc., a financial-services company specializing in Bitcoin, to widen distribution of the Fold Bitcoin Gift Card, launched in May. More online merchants are expected to begin offering the card in coming weeks, the parties say. Worldwide Stablecoin Payment Network (WSPN) has launched Global …

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 …

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 …

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 …

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 …