Acquiring

Marqeta Inc. said it will acquire TransactPay, a processor operating in the United Kingdom and Europe. In related news, Marqeta said its board has appointed chief financial officer Mike Milotech as interim chief executive. He will continue in the CFO role. He succeeds Simon Khalaf, who has resigned as CEO and as a …

Mastercard Inc.’s One Credential, just announced last week, already is seeing some recruiting success with payments-technology provider i2c Inc. enrolling as one of the first issuing-processing partners. The Mastercard One Credential is a digital-payment service that supports multiple payment methods, such as credit, debit, and prepaid, as well as installment loans, …

Sightline Payments, a specialist in payments for the gaming industry, announced it has completed a recapitalization, with participation from “most” existing major investors. The 15-year-old company estimates the U.S. digital gaming industry at $30 billion in annual revenue. Generation Z is overwhelmingly adopting digital-payment methods, with 92% using peer-to-peer payment …

SoundHound AI Inc., a provider of artificial intelligence-based voice technology apps, strengthened its hand in the hotly competitive restaurant point-of-sale market early Tuesday with the introduction of an enhanced platform. The new platform will provide restaurants with the ability to connect all ordering channels to provide a “unified customer experience” …

PayPal Holdings Inc.’s chief executive laid out a unified commerce strategy early Tuesday for both online and in-store merchants that includes a new application programming interface and a link with Verifone Inc., a major provider of in-store payment devices. “This is a new PayPal. We are transforming from a payments …

Cybersecurity provider VikingCloud Inc. announced a multiyear agreement with processor Fiserv Inc. to help small and medium-size merchants counter cyber risks. Cross-border remittance provider DolFinTech said it will work with payments platform Green Dot Corp. to offer a direct-deposit account based on Green Dot’s embedded-finance capabilities and related services. American Express Co. said its eligible …

Cash App was a big growth driver last year for Block Inc. and is expected to remain so as 2025 unfolds, the company said during a conference call late Thursday to discuss Block’s fourth-quarter results. Block is the parent company of the Square and Cash App businesses. During the last …

New West Technologies Inc. has launched PayFusion365, which relies on an integration of payment processor Braintree with Microsoft Dynamics 365 that is expected to offer merchants the ability to more readily divide payments among retail, e-commerce, subscription, and other uses. Braintree is a unit of PayPal Holdings Inc. Users of the Venmo payments …

For financial institutions that have so far adopted real-time payments, 58% have opted for both FedNow and The Clearing House Payments Co.’s RTP system. But only 41% of large banks and 28% of businesses agree that the United States is moving fast enough toward adoption of faster payments. This is …

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 …