Three weeks after an automated slashing of the reward cryptocurrency miners collect to process Bitcoin transactions, average prices are up while transaction fees have slipped. With respect to the price of Bitcoin, at least, this result follows an historical pattern. On May 10, the Bitcoin miner’s reward was cut in …

Forty-five percent of U.S. consumers are ordering online more often than usual as a result of restrictions stemming from Covid-19, and 34% are making more purchases with contactless or mobile-payment options, according to an online survey of 807 U.S. adults by Auriemma Group, a financial-services consulting firm. The firm also surveyed consumers …

USA Technologies Inc. named Sean Feeney chief executive officer, effective May 8. Feeney most recently was CEO of DefenseStorm Inc., a provider of cloud-based cybersecurity management for financial institutions. USAT processes payments for vending-machine operators. Hudson Executive Capital, USAT’s largest shareholder, recently installed eight new directors on the company’s board after winning …

Commerce platform Shopify Inc. has released a refreshed point-of-sale appliance and suite of features. Announced Monday, the revised Shopify POS system is a tablet set on a stand with additional software capabilities. Among the new features is mobile checkout that enables payment acceptance in store or at curbside, an especially …

The guide has a slightly different name now, but the same purpose—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 …

Money-transfer specialist and ATM operator Euronet Worldwide Inc. reported 27.4 million money-transfer transactions in the first quarter of 2020, up 3% from 26.6 million a year ago. Euronet said its ATM count of 42,176 at the end of the quarter is up from 42,034 last year. The company just acquired Dolphin Debit, a …

Coinqvest launched its enterprise cryptocurrency processing platform. With it, merchants can be paid online in cryptocurrencies and convert them into traditional currencies.The New York City Department of Transportation announced two apps can be used to pay for parking at more than 80,000 metered spots. In addition to the ParkNYC app, which …

Under pressure for months from governments and regulators worldwide, the Libra cryptocurrency venture has applied for a key payments-system license and changed course on a number of its prime strategies, including setting out new plans for single-currency stablecoins and a stronger compliance regime. FINMA, the Swiss financial regulator, confirmed Thursday …

Scammers are calling consumers to gull them into giving up personal financial details as a way of allegedly receiving stimulus money sooner from the CARES Act, warned the Pennsylvania chapter of the American Association of Retired Persons.Prepaid card program manager Paysign Inc. reported its 2019 revenue increased 48% year-over-year to $34.7 million. Net …

Seventy-three percent of U.S. adults say they would be more or much more likely to use digital payments or digital banking services during a time of social distancing, according to a survey of 1,043 persons aged 18 and up by The Harris Poll on behalf of William Mills Agency. The canvass took …