Transaction Processing

Firms looking to bring stablecoins and other cryptocurrencies into the payments mainstream are working a variety of angles, as illustrated by news on multiple fronts that emerged early Tuesday. Convera USA LLC, a business-to-business payments platform and provider of foreign-exchange services, announced it will work with Ripple Labs Inc. to …

Repay Holdings Corp. said it has agreed to pay approximately $372 million to acquire Kubra Data Transfer LTD., a provider of bill-payment technology with more than 250 clients. The payment will be financed with cash on hand and debt financing, Repay said. Payway Inc., a developer of payment software, said its …

Digital-payments provider Wirex has expanded its relationship with Crossmint Inc., a stablecoin and wallet-technology provider, to connect Wirex’s card-issuance platform directly with Crossmint’s smart wallet and stablecoin-orchestration platform. The expanded relationship will make it easier for consumers to spend stablecoins directly from their digital wallets by streamlining fintechs’ cumbersome process …

Zelle, the peer-to-peer payment service from Early Warning Services LLC, is renewing its effort to bring more minority deposit institutions, be they banks or credit unions, into its program. Announced Monday, this year’s effort again works with credit union service organization Velera to recruit financial institutions that primarily provide services …

Metro Credit Union will install the nFinia Digital Banking Platform from banking and payments technology provider Tyfone Inc., citing a need for faster-payments and open-banking capabilities. Governments are finding that while they can create digital payment services getting people to use them is another story. 78% of agencies are now offering …

The average ransomware demand soared 70% to $4.24 million last year, while the average payment was up 36% to $682,702. Meanwhile, phishing remains the leading root cause of data-security incidents, accounting for 30%, according to the 12th annual “Data Security Incident Response Report” released late Thursday by the law firm …

Blockchain Technology Consensus Solutions Inc., better known as BTCS, early Friday reported a nearly four-fold jump in blockchain revenue for 2025, to $15.2 million. The result comes as operators in so-called traditional finance begin to take a greater interest in blockchain technology and the companies that develop it. Total revenue …

Block Inc.’s Square point-of-sale payments unit will provide terminals, kiosks, and kitchen-display systems and process payments for Steak Escape, a 23-location fast-food chain.  Visa Inc. said it has worked with Pinwheel, a platform for in-app bill management, to launch its Enhanced Subscription Manager service, aimed at helping consumers track and manage recurring charges. …

Retail technology provider PAR Technologies Inc. has acquired the Bridg point-of-sale marketing platform from Cardlytics Inc. ParTech expects the move will enable its quick-service restaurants and other customers to activate offers targeted at previously anonymous shoppers and identify which marketing tactics drive consumer spending. New Hartford, N.Y.-based ParTech is paying …

Bluefin Payment System LLC, an Atlanta-based company specializing in payments security at the point of sale, late Wednesday launched BluePOS, payment software designed for point-of-sale devices from PAX Technology Inc. The new technology, which uses Bluefin’s PayConex gateway, signals a move by the company to develop new products completely in-house …