Like other international payments networks, Mastercard Inc. is wrestling with the impact of the conflict in the Middle East while at the same time adjusting to the ripple effects of agentic commerce and digital currency. Early Thursday, the company’s top executives took pains to assure the financial community that they’re …
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Shift4 Payments Inc. said it will provide point-of-sale services at Wrigley Field, home of the Chicago Cubs Major League Baseball team, and at Gallagher Way, the entertainment district adjacent to the ballpark. American Express Co. announced new and beefed-up benefits to mark the 60th anniversary of its gold card, including quintupled membership …
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Visa Inc. early Wednesday announced it is expanding support for agent-led commerce to Latin America and the Asia-Pacific region, and also said it is widening its venture in stablecoins with the addition of five blockchains, bringing the total to nine. The five additional blockchains include Arc from Circle Internet Financial, …
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Real-estate software developer MRI Software said it has named Deluxe Corp. its official processing partner for its rent-payment technology. Commerce.com Inc., the parent company of e-commerce platform BigCommerce, said it has integrated PayPal Holdings Inc.’s Store Sync technology in BigCommerce’s App Marketplace and Channel Manager. The move aims to make Commerce merchants’ …
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Two major providers of point-of-sale payments technology announced early Tuesday they are expanding key initiatives that have been long in development. For one of these providers the expansion goes well beyond payments. Block Inc.’s Square POS unit launched its Managerbot technology among sellers participating in an open beta. Based on Square …
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Already a key growth area for same-day automated clearing house transactions, business-to-business and corporate-treasury payments could be set up for even more growth with Monday’s announcement of a new $10-million transaction cap set to take effect Sept. 17. Announced by Nacha, the ACH rulemaking body, the new cap is 10 times greater …
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Electronic Verification Systems launched AssureACH, a service to prevent fraud at the point of capture. Among its features are real-time demand deposit account and routing number validation. MiCamp Solutions has agreed to serve as an independent sales organization representing Vibe Retail, a developer of point-of-sale technology aimed at independent merchants. The Electronic Transactions …
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Money-transfer provider The Western Union Co. is facing what it calls “headwinds” in its Americas consumer retail business, but the company is looking for growth in its new stablecoin and other digital operations. Total first-quarter revenue of $983 million was flat compared with a year earlier, Denver-based Western Union reported …
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FedNow, the real-time payment service offered by the Federal Reserve, will make what it calls a network intelligence API available beginning April 28. The API means FedNow users, be they banks, credit unions, or service providers, will be able to access receiver account-level data seen over the instant payment network. …
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