A top executive at Coinbase Global Inc. said Friday the Securities and Exchange Commission has withdrawn an enforcement action against the cryptocurrency platform, a move the executive lauded as a “victory not just for Coinbase, but for our customers, the United States, and individual freedom.” “We’ve always maintained that we …

Shift4 Payments Inc. is beefing up its operations in Europe on the eve of founder and chief executive Jared Isaacman’s departure to run the National Aeronautics and Space Administration. The Allentown, Pa.-based processor announced late Tuesday a $2.5-billion agreement to acquire Global Blue, a Switzerland-based international platform providing transaction services …

Global Payments Inc. will roll out its revamped Genius point-of-sale package of products and services domestically in May as a common brand, with an international rollout late this year, chief executive Cameron Bready assured listeners on a conference call early Thursday. A major repositioning of the Atlanta-based company’s acquiring technology, …

Top executives at FIS Inc. early Tuesday reported accelerating revenue in 2024 and see that momentum carrying into the new year, but the energy appears to be coming from financial technologies apart from the big Worldpay merchant-processing platform. “Worldpay has not been a growth driver in 2024, and won’t be …

Paysafe Ltd., one of the world’s largest payments processors, has developed a highly sophisticated stake in online gaming, but lately the odds may favor a change in ownership for the publicly held London-based company, according to industry speculation. News emerged late Thursday that the company’s current valuation–$1.4 billion, down from …

President Donald Trump may have tapped Frank Bisignano to run the Social Security Administration, but for the time being he remains very much in charge of the big processor Fiserv Inc. Early on Wednesday, he reported a robust 2024 in which the company recorded 16% growth in organic revenue—growth apart …

PayPal Holdings Inc. reported encouraging growth early Tuesday but left some analysts questioning how long that expansion can continue as the company concentrates on its branded growth initiatives. “Branded checkout is our number-one priority,” chief executive Alex Chriss told equity analysts on a call to discuss the company’s fourth-quarter earnings. “We’re …

The pending $35.3-billion merger of Capital One and Discover has concentrated minds in the payments industry for nearly a year, but perhaps nowhere so much as at Mastercard Inc. That became apparent early Thursday as equity analysts quizzed the card network’s top brass about the combination’s potential impact on Mastercard, …

The fintech Codego Ltd. has launched its Cryptogateway software, which enables merchants in 33 countries to accept cross-border in-person and e-commerce transactions in cryptocurrency and receive the funds in fiat money in an IBAN account. IBAN accounts are typically used to hold funds arising from cross-border transactions. The new service, which works …

Canada-based processor Nuvei Corp. announced early Monday it has closed on its acquisition of Paywiser Japan Ltd., a deal that will expand Nuvei’s position in the Asia-Pacific market. The deal, which includes Paywiser’s acquiring license, will connect Nuvei to merchants in Japan through direct acquiring capabilities. It also includes links …