The alphabet of money used to be the various coins that were put together to make a financial statement. Or similarly, the various denominations of bank notes that were bound to express a given sum. And then we invented computers, and a new language for money came forth. Money was …

Payments provider Priority Technology Holdings Inc. announced it has entered into a so-called stalking-horse agreement to bid on the assets of Plastiq Inc., an 11-year-old payments provider that has entered Chapter 11 restructuring. Terms of the bid were not disclosed. Freshmart, a Puerto Rico-based grocer with seven stores, said it has chosen eGrowcery to …

It’s May, and that means it’s time for our annual exercise to seek out and describe the payments players, apart from the big networks, that are rewriting the rules for the digital exchange of value. Since 2004, Digital Transactions has traced the course of payments innovation through its nimblest practitioners—the …

Payments giant Visa Inc. announced Alfred F. Kelly Jr., a former American Express Co. executive who joined Visa in 2016 as chief executive, will leave that role as Ryan McInerney, Visa’s current president, assumes the title Feb. 1. McInerney came to Visa in 2013 having held the chief executive of …

Months after the introduction of Google Wallet, Alphabet Inc. announced late Tuesday it is expanding the availability of the digital wallet to 12 more countries, bringing the total number of countries where the wallet is available to 57. Users will now also be able to make the wallet available on …

Alphabet Inc. said it is expanding Google Wallet to six more countries, including South Africa, bringing to 45 the number of countries in which the product can be used. Google Wallet was introduced this spring as a replacement for Google Pay.Transaction processor Computer Services Inc. said it will be acquired by private investment firms Centerbridge …

After years of a relatively light touch, federal regulators are turning the Klieg lights on the payment industry. In some cases, their approach has been opaque, which is creating concerns that could stifle innovation. There’s an old adage inside the Beltway that says, “People Are Policy.” Since entering the Oval …

In a nod to consumers’ preference to have all the contents of a physical wallet digitized—including driver’s licenses and vaccine cards, in addition to payment cards—Alphabet Inc.’s Google subsidiary has introduced a new Google Wallet. The new wallet, which Google plans to make available in more than 40 countries, is …

It’s May, and that means it’s time for our annual exercise to seek out and describe the nonbank players, apart from the big networks, that are rewriting the rules for the digital exchange of value. Since 2004, Digital Transactions has traced the course of payments innovation through its nimblest practitioners—the …

The European Union on Thursday advanced legislation to curb the power of tech companies, legislation that would force them to provide more billing options to consumers on their highly popular app stores. In related news, Google and the big music streaming service Spotify this week announced Spotify users with Android …