Transaction Processing

Stablecoins are the talk of the payments town, and some observers are questioning whether these new digital alternatives could undercut the core network businesses of Mastercard and Visa. Now, Mastercard Inc. has announced several initiatives it says will keep it in the thick of the growing stablecoin market. In a …

The commerce platform NuOrder by Lightspeed said it will work with Neiman Marcus and Bergdorf Goodman as part of an expanded agreement with Saks Global. In related news, Lightspeed Commerce Inc. said it will integrate reservations software from Whoosh for golf and club clients using Lightspeed’s payments platform. Shift4 Payments Inc. said it has yet …

Fiserv Inc. and Circle Internet Group Inc. early Monday announced they will collaborate to build products based on stablecoins for banks and merchants in Fiserv’s client base. The announcement came at the same time Fiserv said it plans to launch its own stablecoin, FIUSD, by year’s end. Simultaneously, Fiserv said …

Michigan consumers enrolled in Meijer Inc.’s mPerks rewards program saved nearly $200 million the past year, the Grand Rapids, Mich.-based supermarket chain announced late Thursday. To encourage consumers enrolled in mPerks to shop more often this summer, Meijer is offering customers the opportunity to earn 30 points on every gallon …

With rules governing stablecoins under development in the U.S. Congress, there are now at least 14 countries and regions worldwide that have established or are considering regulations for the digital currency. The need for regulations in jurisdictions around the globe comes as stablecoins grow in awareness and usage and pose …

Elavon Inc. announced Thursday it is expanding its two-decades-old-relationship with Wyndham Hotels & Resorts by making its Cloud Payments Interface available to more than 6,000 Wyndham franchisees in the United States and Canada. The scalable, cloud-based technology supports mobile check-in, reduces overhead costs, and minimizes security issues, the Atlanta-based merchant-services …

With action Tuesday by the U.S. Senate to pass the GENIUS Act, the move to establish rules that would govern the burgeoning stablecoin industry now transits to the U.S. House of Representatives, where lawmakers have developed their own set of rules, the STABLE Act. Meanwhile, stablecoin-market participants are looking to the …

Fiserv Inc. announced late Tuesday it will begin offering Paze, the online-payment system from Early Warning Services LLC, to financial institutions. Fiserv will, in addition, support Paze across its e-commerce payments platform. The collaboration with Fiserv is expected to help Paze significantly expand its reach to banks and credit unions …

Felix Payment Systems Ltd. launched what it says is the industry’s first deployment of a Windows-based softPOS solution. The deployment came in collaboration with Nebraska Furniture Mart and technology company HP Inc. SoftPOS allows merchants to accept contactless payments on an ordinary mobile phone. Celerant Technology Corp. released version 2.8.2 of its point-of-sale technology, …

Some 55% of remittance-sending consumers expect to send more or the same amount of money overseas in 2025, says Visa Inc.’s “2025 Digital Remittances Adoption Report.” In 2024, global remittances totaled $905 billion, up from $865 billion in 2023, according to the World Bank, a 4.6% increase. In the United …