Person-to-Person Payments

Digital identity, new ways to move funds, the speedy pace of innovation, and changing consumer payment preferences are all quickly altering the payments arena, suggests the latest payments report from Deloitte Consulting LLP. “The things that really stood out the most for us when we looked at the data is …

Tulip.io Inc., a Toronto-based point-of-sale system provider, said it has a certified integration with Moneris Solutions Corp., a large payment processor in Canada. Moneris had a U.S. presence prior to 2016 when it sold the U.S. business to Vantiv Inc.The Western Union Co. said it has renewed an agreement to support digital …

Choice Hotels International Inc. launched Choice Direct Pay, which allows businesses to make reservations for employees and guests at multiple properties with billing through a centralized invoice. The service works with more than 5,000 U.S. properties.Grocery Outlet Holding Corp. announced customers can order groceries for delivery from nearly 400 stores via online-delivery …

Restaurant-technology provider ParTech Inc. announced it has acquired Menu Technologies AG, an omnichannel ordering platform serving international restaurant brands. Terms were not disclosed.The Western Union Co. expanded its integration of Visa Direct, Visa’s real-time payment service, to its U.S. network, enabling consumers to send or receive funds directly to their eligible Visa debit …

After a few stumbles in recent months, PayPal Holdings Inc. returned to growth mode in its June quarter as the big payments provider refocused its energies on its basic businesses, including checkout, peer-to-peer payments, and the Braintree processing operation. “We are well under way toward regaining our momentum,” chief executive …

First American Payment Systems has agreed to a proposed federal court order requiring the processor to repay $4.9 million to small businesses affected by what the Federal Trade Commission called deceptive practices, according to the FTC. The settlement, announced Friday, was made in the wake of charges by the FTC …

The consolidation of the payment-processing business continues apace, driven by economies of scale and the challenges of keeping up with emerging technology. In the latest deal, which is expected to close in the first quarter of next year, Global Payments Inc. announced early Monday it will acquire EVO Payments Inc. …

Regpack, a payment management platform, said NYLA Talent, a network of more than 100 entertainment industry professionals and organizations, adopted its service to automate and digitize its payment processes.Early Warning Services LLC has opened a new headquarters in Scottsdale, Ariz. Owned by seven of the nation’s biggest banks, Early Warning is …

Visa Inc. late Tuesday reported a continued recovery in cross-border payments, double-digit increases in U.S. payments volume, and no let-up in the industry’s general shift to contactless payment. It also faced a question regarding Visa Direct and its links to instant peer-to-peer payments services that the Consumer Financial Protection Bureau …

Consumers making a mobile payment at least once a week increased to 58% in the first half of 2022, compared with 46% in the same period in 2021, according to ACI Worldwide Inc.’s latest 2022 ACI Speedpay Pulse survey.E-commerce specialist Signifyd said a survey it commissioned found that 66% of respondents cut back their …