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- Restaurant payments-technology developer PAR Technology Corp. launched PAR AI as part of its product line, along with Coach AI, intended to be intelligent assistants in restaurant operations.
- Point-of-sale terminal maker Verifone Inc. is working with Futurex L.P., a developer of data-encryption technology, to enable remote key injection through the Futurex CryptoHub platform, Futurex said.
- American Express Co. announced it has expanded its global roster of accepting merchant locations by nearly a factor of five since 2017, to an estimated 160 million.
- Repay Holdings Corp. agreed to provide payment processing for users of Alfa, a provider of finance programs through automobile dealers.
- Relay Payments said fuel and convenience store chain Circle K will enable commercial truck operators to use Relay for payments at more than 500 truck-accessible Circle K locations.
- Social-commerce platform Whop launched Whop Payments, a service with fees of 2.7% plus 30 cents per successful transaction.
- Prepaid specialist Green Dot Corp. added Stripe Inc. to its Green Dot Network. This enables Stripe Treasury users to add cash to their accounts at more than 90,000 Green Dot money processing locations.
- E-commerce services provider ESW announced it will work with Shopify Inc. to enable enterprise brands and retailers to customize their e-commerce sites in more than 200 global markets to help make cross-border payments simpler.
- Total credit card debt held by U.S. consumers grew $28 billion in the second quarter to $1.32 trillion, up 2.2% from the March quarter, according to a report from WalletHub.
- Synchrony has joined Nacha, the regulatory body for the automated clearing house, as a direct member, bringing the number of such members to 47.
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