Six U.S. Senators sent a letter to Rohit Chopra, director of the Consumer Financial Protection Bureau, asking the agency to initiate a review of buy now, pay later products with a view toward introducing consumer protections. All six Senators are Democratic members of the Committee on Banking, Housing, and Urban Affairs.Online gaming operator PointsBet has …

New research from Fiserv Inc. found that 16% of U.S. consumers have used cryptocurrency at least once to pay for goods and services. The survey of 2,200 U.S. adults also revealed that 25% of crypto users cited lack of merchant acceptance as the primary limitation to increasing the use of crypto as …

Celero Commerce said it acquired Everest Payment Solutions. Terms were not disclosed. With Everest, Celero will serve more than 45,000 merchants that process more than $18 billion in annual card volume.Digital ordering and payments technology, which gained prominence with the pandemic, has made customers more impatient, with 64% indicating they won’t …

The giant credit bureau Equifax Inc. launched Onboard Connect, a service that the company says offers near real-time business verification, fraud checks, and other services to support business-to-business transactions.Vivid Seats Inc., a provider of technology that links ticket buyers and sellers, said it has closed on its acquisition of Betcha Sports Inc., …

Corcentric, a business-to-business payments provider, said it will go public via a merger with North American Merger Corp., a special purpose acquisition company. The company’s network supports more than 450,000 buyers and more than 1.4 million suppliers and processes more than $100 billion in volume annually.Chainalysis, a provider of blockchain …

Fuel retailer BP is installing automated checkout technology from Grabango in 10 convenience store locations, Grabango announced. Seven AMPM stations in California and three Amoco stores in Pennsylvania will have the technology operational by mid-2022. Consumers use a Grabango app to shop and pay without queuing for a checkout lane.Buy now, pay later provider Klarna …

A report from consulting firm Deloitte found that 57% of consumers use a digital app to order restaurant food for off-premise dining, up from 54% in 2020. Even for ordering in a restaurant, 64% of consumers prefer to place their order digitally, up from 53% last year. The survey of 1,000 consumers …

Processor Stripe Inc. said it acquired OpenChannel, which provides app marketplace software. Terms were not disclosed.Payments provider Payoneer Inc. announced a worldwide working-capital offer for sellers on the Walmart U.S. marketplace.In related news, Facepay Inc., a payments provider specializing in auto-repair shops, said its Facepay Capital service is available to all shops on its platform.Money transmitter LianLian …

Of the so-called Cyber 5 shopping days—Thanksgiving Day through Cyber Monday—Black Friday generated the most shopping traffic online last month, with traffic at its peak nearly 40% higher than the peak at Thanksgiving and 5% higher than on Cyber Monday, according to data from Fastly, an e-commerce platform provider.Issuer processor Paymentology Ltd. said …

Buy now, pay later specialist Splitit Payments Ltd. said its merchant sales volume for the first two months of the fourth quarter totaled $94 million, a 52% increase quarter-over-quarter and a 61% increase year-over-year. Splitit reported $11 million in merchant sales volume across the holiday shopping weekend, including Black Friday and Cyber …