Powered by international growth, American Express Co. reported early Wednesday that its merchant network now has more than 170 million locations worldwide. In his annual letter to shareholders, AmEx chairman and chief executive Stephen J. Squeri also plugged the 176-year-old company’s artificial-intelligence initiatives. What AmEx calls its “locations in force” …
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There’s a new top U.S. merchant acquirer. Global Payments Inc., with an estimated $2.8 trillion in 2025 U.S. processing volume, has moved into the top spot in the 2026 TSG Directory of U.S. Merchant Acquirers, unseating JPMorgan Chase & Co., which had held the top rank since at least the …
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With the increasing activity of AI agents in online commerce, payments-technology company Ixopay said it is working with digital-payments specialist Zip to develop a unified trust layer, or an open framework meant to address trust and risk in agentic commerce. Financial-services technology developer Q2 Holdings Inc. said it will work with Stablecore, a platform …
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Bank-focused instant payments have been around since 2017, when The Clearing House Payments Co. LLC launched its Real Time Payments network, and gained more attention with the 2023 debut of FedNow from the Federal Reserve. While thousands of banks and credit unions have signed up to receive real-time payments from …
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With nearly three-quarters of major U.S. banks reporting an increase in fraud losses last year, developers of fraud-prevention technology are scrambling to offer solutions. In the latest example, the Portugal-based technology company Feedzai has announced RiskFM, a tool the company says replaces a singular reliance on card-network data with information …
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Payments processor Lightspeed Commerce Inc. announced a new AI-based tool aimed at helping merchants with inventory, product availability, and stock discrepancies. Ticket Fairy, a digital platform that handles ticket sales and other functions for live events, announced its incorporation of AI in the launch of its new platform, Ticket Fairy 3.0. Founded …
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It’s been 13 years since merchants were allowed to add surcharges to cover much of their credit card processing costs, yet confusion and complexity remain. Speakers at the Transact 2026 conference last week, sponsored by the Electronic Transactions Association, did their part to dispel much of this confusion. “Surcharging is a …
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For years, PayPal has maintained two separate peer-to-peer payment services, though the brand it promotes most often for this capability is Venmo. But Venmo users have not been able to send money outside of the United States, limiting its utility. Now, that’s changed. Early Monday, PayPal announced a new link …
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As online traffic powered by artificial intelligence explodes, businesses are struggling to differentiate between legitimate and fraudulent agentic commerce agents, says a study by AI-based fraud-prevention platform provider Darwinium. Some 97% of businesses report an increase in AI-based fraud attacks in the past year, the report says. Among these businesses, …
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Paze, the digital-checkout option from Early Warning Services LLC, lined up Domino’s Pizza Inc. and PayRange LLC as the latest merchants to offer the online-only service. Domino’s says more than 85% of its sales come through digital-ordering channels. PayRange specializes in self-service transactions, such as for laundry machines. Paze will …
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