Person-to-Person Payments

Point-of-sale equipment maker Touch Dynamic Inc. released its Summit Kiosk, a SoftPOS self-checkout product that offers tap-to-pay and other payment acceptance options. Payments infrastructure company Koard launched Tap to Pay on iPhone for its customers, which include payment service providers, independent sales organizations, and independent software vendors. Paze, the online wallet from Early Warning …

Two major players in stablecoins, Circle Internet Financial Inc. and Ripple Labs Inc., received conditional approval Friday from the U.S. Office of the Comptroller of the Currency to establish national trust banks. Both companies coveted the approvals as key to establishing confidence in stablecoins among consumers and businesses as they …

A report from AU10TIX identified 2025 as the “year of machine deception,” in which synthetic identities and automated fraud engines have learned to adjust and adapt in real time. Cross River Bank said it has launched a proprietary, in-house card-processing engine in a move it says places it among a select group of …

It’s a big update day for users of Cash App, the money-movement service from Block Inc., as a new artificial-intelligence tool, a borrowing service, and cryptocurrency options are added. Announced Thursday, the roster of 11 product updates to Cash App, which launched in 2013 as a person-to-person payment method called …

It’s a busy day for PayPal Holdings Inc. and its payments services. Five years after launching PayPal Pay in 4 in the United States, PayPal now offers the buy now, pay later product in Canada. PayPal also said Venmo, its social-based money movement service, launched Stash, a rewards program for …

The 12-year-old Cash App wallet remains a key driver for Block Inc. Cash App gross profits grew 24% year over year during the third quarter of 2025, which helped contribute to Block’s overall gross profit of $2.66 billion during the quarter, an 18% increase from a year earlier, Block chief …

Faster payments continues to be among the more advanced payment options coming from acquirers and processors. Now, Nuvei Corp. is among the first to integrate Visa Direct for Account, the processor says. Announced Thursday, the integration means clients on the Nuvei platform can use Visa Direct for Account to send …

Restaurant point-of-sale provider Toast Inc. has further expanded its agreement with ride-sharing technology provider Uber Technologies Inc. to help restaurants in the United States and Canada better manage digital ordering, enhance the guest experience, attract new customers, and increase sales. New tools the two companies plan to create include customer …

The VerifiedX Foundation has launched Butterfly, a social-payment and commerce platform that allows users to send and receive VFX, the native VerifiedX cryptocurrencies—Bitcoin, USDT, and USDC coins—instantly via text message, email, or any social-media handle. The new service combines the ease of the Venmo and Zelle peer-to-peer payments networks with the sovereignty of blockchain …