Transaction Processing

Square, Block Inc.’s point-of-sale payments unit, has partnered with AI-based restaurant-technology platform provider MarketMan to launch an inventory-management application for restaurants. The AI-based application provides restaurants with real-time visibility into ingredient usage, tracks inventory levels, automates purchase orders, and helps restaurants better manage their relationships with suppliers to reduce waste and …

Chime Financial Inc., a banking-services fintech, unveiled Chime Prime, a rewards platform for customers who use Chime as their primary checking account. Users must receive at least $3,000 each month in qualifying direct deposits to be eligible for rewards, which include 5% cash back on certain spending using the Chime …

As artificial intelligence continues to work its way into more facets of commerce, consumers and businesses may not be ready to go all in just yet. That day may come, however, if a report from Visa Inc. and another from Aevi prove accurate. First, Aevi, a Germany-based payments platform, found …

Fraud-detection service Sift said its Sift Global Network saw transaction volume increase 18% in 2025, though payment fraud attempt rates held at about 3.25%, despite new fraud opportunities arising from new payment methods emerging in the market. The company credits better transaction monitoring and controls. The digital financial-services provider SoFi Technologies Inc. has launched SoFi …

Elavon Inc., the merchant-services subsidiary of U.S. Bancorp, has expanded its relationship with embedded-finance platform provider Liberis US Inc. to offer its Quick Capital service to merchants in Canada. The expansion will enable small and medium-size businesses in Canada to access funding through Elavon’s merchant portal. The move is expected …

Visa Inc. released six new or updated dispute-resolution services, a year after acquirers became subject to the then-new Visa Acquirer Monitoring Program. Known as VAMP, the program, according to Visa, consolidated five fraud and dispute programs and reduced 38 distinct remediation processes into one program. According to Oscar Bello, Chargeback …

A fintech startup called CARD91 launched VerifyIQ, an AI-based identity-verification tool for card issuance, account opening, and other applications. BitRail LLC, a provider of digital wallets and payment technology, said it has added new services in partnership with the processor PaymentLock Inc., including branded online checkout and pay-now buttons, a virtual terminal, …

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 …