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- Fiserv Inc.’s Clover point-of-sale technology unit announced it is entering the health-care market with Clover PracticePay. Clover worked with Rectangle Health, a developer of payments software for the health-care industry, on the launch.
- Mastercard Inc. and American Airlines said they have agreed to extend a longstanding agreement under which Mastercard supports a cobranded card with the airline.
- Fintech Receive announced its emergence from stealth and its intent to offer the Titanium Boost Business Mastercard credit card. Receive provides a revenue access platform to small businesses and offers a white-label program for independent sales organizations, software providers, and payment processors to resell.
- Mogo Inc., a payments and investment platform based on Bitcoin, said its shareholders on Friday approved the acquisition of WonderFi Technologies Inc. by Robinhood Markets Inc. Mogo is WonderFi’s largest shareholder, with a holding of 82 million shares. The deal is expected to close in the second half of the year.
- PSQ Holdings Inc. said its PSQ Payments platform has integrated Apple Pay and Google Pay in its PSQ Payments platform, meeting what it said is high demand from merchants for the mobile-payments services.
- Following passage on Friday of the GENIUS Act in the United States, Singapore-based cryptocurrency platform Genius Group Ltd. said it will apply through the Act to become both a nonbank Permitted Payment Stablecoin Issuer (PPSI) and nonbank Digital Asset Service Provider (DASP) for its U.S. operations. The company was founded in 2002 as a wealth advisory.
- Bitcoin ATM network operator Bitcoin Depot appointed Philip Brown chief compliance officer. He comes to the company from Banxa, where he served as chief compliance officer for North America.
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