Point-of-sale

February, 2025

• 25 February

  SoundHound AI Debuts a Next-Generation AI Ordering Platform for Restaurants

  

  SoundHound AI Inc., a provider of artificial intelligence-based voice technology apps, strengthened its hand in the hotly competitive restaurant point-of-sale market early Tuesday with the introduction of an enhanced platform. The new platform will provide restaurants with the ability to connect all ordering channels to provide a “unified customer experience” …
• 25 February

  PayPal Previews a Commerce API And Links up With Verifone

  

  PayPal Holdings Inc.’s chief executive laid out a unified commerce strategy early Tuesday for both online and in-store merchants that includes a new application programming interface and a link with Verifone Inc., a major provider of in-store payment devices. “This is a new PayPal. We are transforming from a payments …
• 25 February

  Fiserv Taps VikingCloud and other Digital Transactions News briefs from 2/25/25

  

  Cybersecurity provider VikingCloud Inc. announced a multiyear agreement with processor Fiserv Inc. to help small and medium-size merchants counter cyber risks. Cross-border remittance provider DolFinTech said it will work with payments platform Green Dot Corp. to offer a direct-deposit account based on Green Dot’s embedded-finance capabilities and related services. American Express Co. said its eligible …
• 24 February

  Coinbase Appears to Be off the Hook As the SEC Pulls Its Case

  

  A top executive at Coinbase Global Inc. said Friday the Securities and Exchange Commission has withdrawn an enforcement action against the cryptocurrency platform, a move the executive lauded as a “victory not just for Coinbase, but for our customers, the United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 …
• 21 February

  Block Looks to Cash App and Loans as Growth Drivers in 2025

  

  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 …
• 21 February

  New West Launches PayFusion365 and other Digital Transactions News briefs from 2/21/25

  

  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 …
• 20 February

  Faster Payments Not Fast Enough and other Digital Transactions News briefs from 2/20/25

  

  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 …
• 19 February

  Mastercard Launches One Credential To Give Gen Zers Access to Multiple Payment Methods Via A Single Card

  

  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 …
• 19 February

  Shift4 Bulks Up in Europe With a $2.5 Billion Deal for Global Blue

  

  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 …
• 19 February

  Discover Merger a Step Closer and other Digital Transactions News briefs from 2/19/25

  

  Separate stockholder meetings for Capital One Financial Corp. and Discover Financial Services voted to approve Capital One’s proposed acquisition of Discover, a deal that was first proposed a year ago. Cap One says it now expects the $35.3-billion transaction to close early this year, subject to approval from the Federal Reserve System’s Board of …