An email from a work colleague requesting a funds transfer may seem routine, but quite often it could lead to serious fraud if completed. That type of fraud—business email compromise—is the top avenue for attempted and actual payments fraud, according to the 2025 AFP Payments Fraud and Control Survey. Released …

U.S. Bank is stepping up its efforts to entice merchants to use its business checking account with the ability to accept credit and debit card payments. Announced Monday, the U.S. Bank Business Essentials account enables merchants to accept card payments and be eligible for free same-day access to their funds …

Online Asian grocer Weee! is adding SNAP/EBT acceptance to its site via a partnership with Forage Technology Corp. Inc. while financial services entity Synchrony Financial marks an integration with Adobe Commerce to offer its financial products on merchant Web sites. Fremont, Calif.-based Weee! says its agreement with Forage enables its …

With a renewed emphasis on retail merchants, Lightspeed Commerce Inc. is launching a tool to help retailers data and inventory forecasting. In related news, point-of-sale terminal maker Ingenico says its SoftPOS software development kit achieved a PCI Security Standards Council certification. Montreal-based Lightspeed announced the its four-part plan to boost …

While the top 10 roster of the largest merchant acquirers in the TSG Directory of U.S. Merchant Acquirers shows little variation from last year—JPMorgan Chase & Co. is still No. 1 at $2.61 trillion in volume in 2024—smaller players are moving into the upper ranks. Adyen NV, a Netherlands-based processor …

Visa Inc. will launch an updated Authorize.net, in what it calls a “reimagining” of the venerable gateway. Announced Thursday, the updated version will be available in the second quarter in the United States and in other markets later this year. Visa’s announcement was one of three it made, including a …

What may be the first merchant-branded, automated clearing house-based pay-by-bank service has launched. Pay with Spire Inc., a Dallas-based payments provider, says its new Pay with Spire platform enables merchants to accept pay-by-bank transactions with no integration and at lower acceptance costs than credit or debit cards. Spire says the …

With payment terminals as a foundation, PAX Technology Inc. is extending its acquiring support into payments management with its new Evolve payment application.  Meanwhile, Verifone Systems Inc. has lined up $235 million in investment in its latest funding exercise. PAX, which has a U.S. office in Jacksonville, Fla., says Evolve …

Diners visiting a fast-casual restaurant—think Chipotle, Five Guys—are more likely to choose a mobile wallet to pay rather than a payment app, according to data from disbursement platform Onbe. In its Payouts Landscape Report, 56% of consumers prefer to use a mobile wallet for paying at a fast-casual restaurant, compared …

The big automated clearing house network Nacha says the volume of ACH payments made at originating institutions increased 7.4% from 2023’s report on the top 50 originators and receivers. Nacha released its annual rankings Thursday and says the volume of ACH payments made at originating financial institutions accounted for 93.8% …