The Accredited Standards Committee X9 Inc. has begun work on a new QR code payments standard. The goal is to establish the content of a QR code for payments, emphasize interoperability, and include both merchant-presented and consumer-presented QR codes. X9 said the standard is needed to accelerate the adoption of instant payments. Block …

Sift, a provider of technology to prevent online fraud, said it has been engaged by Underdog, an online sports-fantasy platform, to prevent the use of stolen payment credentials. Darwinium, a fraud-prevention provider, said it will work with email-address technology from AtData to enable clients to identify fraudulent emails. Digital authentication …

Bitpay, a provider of cryptocurrency-based payments services, said it is working with crypto-technology provider Banxa to enlarge access to payments using digital currency. Shield Compliance, a compliance provider for cannabis banking, issued an open letter to American Express, Discover, Mastercard, and Visa calling on the networks to permit financial institutions …

The number of digital transactions globally will rise 12% in 2024 to cross the 1-trillion mark, Juniper Research forecasts. Near-field communication (NFC) payments, otherwise known as tap-and-pay, will grow fastest, at 30%, followed by digital ticketing (19%), according to Juniper. The Canada-based commerce platform Shopify will enable payments for India-based e-commerce merchants directly on …

In an expansion of its existing processing relationship with PayPal Holdings Inc., ride-sharing technology provider Uber Technologies Inc. will begin making use of PayPal’s domestic debit network routing in the United States and other markets and enable Uber drivers to receive wages directly in their PayPal and Venmo wallets. PayPal …

Services such as buy now, pay later loans and personal financial management will help drive the global volume of digital-wallet transactions to $16 trillion in 2028, up 77% from $9 trillion this year, according to a report from Juniper Research. Katapult Holdings Inc. said more than 20 merchants are now available on …

Cheq Inc., a mobile and social hospitality payments provider, said it will provide the mobile ordering platform at Target Field, the home stadium of the Minnesota Twins Major League Baseball team. Available via the MLB Ballpark app, the service will enable consumers to order and pickup at select concession stands. …

A mobile wallet that allows users to shop and pay for insurance has added a rewards program that offers cryptocurrency based on premium payments. Marble, a New York City-based company that started up in 2020, says it has integrated its wallet with Gemini, a crypto exchange, to let users redeem …

Cryptocurrency-based payments platform Wirex listed a new stablecoin, NXUSD, on its platform and added support for it to its digital wallet.In related news, Asia-based crypto-investment platform Bit.Store said it is extending a partnership with crypto-based payments provider Alchemy Pay to add mobile wallets and domestic instant-transfer capabilities to Bit.Store alongside existing credit card and …

Shift4 Payments Inc. last month said it has concluded agreements to acquire international e-commerce acquirer Finaro and cryptocurrency-based donation platform Giving Block in deals valued at $875 million in cash and stock, including future earnout provisions. The latter deal has already closed, while Allentown, Pa.-based Shift4 expects to close the …