Though the official launch of the Paze online wallet from Early Warning Services LLC isn’t slated until 2024, Paze executives are already demonstrating the product. As many as 150 million credit and debit cards from seven large banks could be loaded into Paze, complete with billing addresses, as Early Warning …

The Consumer Financial Protection Bureau’s oversight effort in data-sharing regulation is more than a year old, but with its newly proposed data-rights rule—released last week—the agency is making a substantial move in the field. Under the Personal Financial Data Rights rule, consumers would have the power to share data associated …

On The Fly POS’s latest product, called Ground Control, is making it easier for hospitality merchants to use their own devices for ordering and table management. The new app, with versions for both iOS and Android mobile devices, enables merchants to use their own hardware with an integrated software app …

With the fourth quarter under way, fraudsters are increasing the sophistication of their attacks while consumers are gearing up for a busy holiday-shopping season, albeit with different goals. First, a new report from Au10tix, an Israel-based identity verification and management provider, found a 44% increase compared to preceding quarters in …

Processor Worldline is adding a flexible payment element to its revenue-share model for its North America partners servicing e-commerce merchants. And, payments provider Payroc says it will be the launch partner for the Ingenico Axium point-of-sale terminal line. Worldline’s new product, called FlexCommissions, enables its software and independent sales organization …

Presto Automation Inc. says its voice-ordering system for restaurants represents a $17-million annual revenue opportunity as the company finishes its first full year as a public company. San Carlos, Calif.-based Presto finished the fiscal year ended June 30 with revenue of $26.1 million, a 14.1% decrease from $30.4 million the …

Paze, an online wallet still in development, will be available to merchants using GoDaddy Inc.’s Web services. Paze is available for testing to select U.S. businesses on the GoDaddy platform. In March, at the announcement of Paze, Early Warning Services LLC, its developer, said full availability would arrive this autumn, …

A new lawsuit filed Thursday against PayPal Holdings Inc. alleges the online powerhouse uses illegally anticompetitive policies that increase costs for consumers. Filed by Hagens Berman, a law firm that specializes in class-action litigation, the suit contends that PayPal prohibits merchants that work with it to offer pricing discounts when …

One of the first forecasts for the upcoming 2023 holiday shopping period predicts that mobile devices will overtake desktop ones for e-commerce for the first time. Adobe Inc., in its Nov. 1-to-Dec. 31 holiday-shopping forecast, released Thursday, forecasts that U.S. online holiday sales will reach $221.8 billion, a 4.8% increase …

Almost a year after vowing to make its PayPal- and Venmo-branded credit and debit cards available in Apple Wallet, PayPal Holdings Inc. has come through on that promise. With the move, announced Wednesday, eligible PayPal and Venmo cards can be added to Apple Wallet by tapping the “Add Debit or …