Google, a unit of Alphabet Inc., dropped its plans to offer banking services to consumers, The Wall Street Journal reported late Friday. Google announced in November it intended to debut Plex, a mobile-first bank account integrated into Google Pay.Payments provider Park Place Payments said it will pay $500 to clients that drop the service within the …

Payments provider Payroc LLC announced a deal with PayTomorrow that will enable merchants, especially those selling high-ticket durable goods, to offer installment payments in stores, online, and via phone.Zuza LLC said it is providing its BloomPOS system to Payroc. Aimed at salons, spas, and gyms, the technology enables such functions as appointment scheduling …

Processor Fiserv Inc. said it will open a new office building in New Jersey that will include 428,000 square feet of space and accommodate approximately 3,000 employees.In related news, Visa Inc. said it will open a new office in Atlanta next year. The company expects the new space to accommodate approximately 1,000 employees over …

Thirty-nine percent of consumers would ditch traditional banking for peer-to-peer and social media app payments, found a survey of 1,000 U.S. consumers from GoCardless, which provides account-to-account payment services. Younger consumers are much more inclined than older consumers with 54% of Gen Z, the youngest, and 56% of Millennials, willing to …

Capital One has partnered with fraud-detection firm Signifyd Inc. to raise authorization rates and reduce mistakenly declined transactions on Cap One credit card transactions.The Internal Revenue Service on Friday sent more than 430,000 Advance Child Tax Credit payments via same-day ACH on the automated clearing house network, according to Nacha, the governing body …

American Express Co. said it is working with Extend, a virtual card specialist, to expand its virtual card options for U.S. businesses.Gift card provider Factor4 LLC said it is work with SavorConnect, a cloud-based integration platform, to make its gift cards that can used online, in stores, and with mobile devices available on …

Payments-technology provider Repay Holdings Corp. has agreed to partner with business-to-business funds-transfer fintech Veem Inc. to increase cross-border payment options. At the same time, Veem will deploy Repay’s business-to-business virtual card and acquiring platform.InsurCard, a payment processor specializing in health care, launched a Mastercard debit card for persons who have received a …

Chevron Products Co. said it is working with mobile-payments technology provider P97 Networks Inc. to enhance the company’s mobile apps for both Chevron and Texaco customers.Mercator Advisory Group’s “18th Annual U.S. Closed-Loop Prepaid Cards Market Forecast 2020-2025” found that closed-loop prepaid card loads dropped 14% because of the pandemic, but are expected …

The First National Bank of Omaha launched a buy now, pay later service that enables merchants to offer installment payments to consumers. FNBO tapped EXL, an operations management and analytics company, and Skeps, a point-of-sale loan originations platform, to help develop the service. The BNPL service can be integrated into e-commerce Web …

Payments provider Priority Technology Holdings Inc. completed its acquisition of Finxera Holdings Inc., a provider of banking-as-a-service software. Terms of the deal, which was announced in March, were not announced.Payment-fraud prevention provider Inetco Systems Ltd. launched BullzAI, a single technology combining a Web application firewall with a real-time fraud-detection and blocking system.The Tampa Hillsborough …