Acquiring

PayNearMe Inc. is beefing up the fraud-fighting capabilities of its MoneyLine iGaming and sports-betting platform via an integration with Accertify Inc., a subsidiary of American Express Co. The integration will enable iGaming and sports-betting operators to reduce fraudulent withdrawals from iGaming accounts by confirming an accountholder’s identity prior to a …

U.S.-based blockchain platform Ripple Labs Inc. said its unit in Singapore, Ripple Markets APAC Ltd, has received a Major Payments Institution license from Singapore’s Monetary Authority, enabling Ripple to go on providing regulated digital-payment token services in that country. Online grocery-delivery service Instacart said it will now accept payments from users through Medicare Advantage …

Solutions by Text is adding embedded bill-payment capabilities to its FinText messaging and payments platform. Consumers will now be able to pay bills through the FinText platform without leaving the platform’s Web site or mobile app, which creates a more convenient payment experience, the company says. Transactions will be processed …

Count one less competitor in the market for advanced point-of-sale technology at stadiums. Shift4 Payments Inc. has agreed to buy SpotOn Transact Inc.’s sports and entertainment business for $100 million in a move that beefs up Shift4’s position in the burgeoning stadium market and marks a retreat by SpotOn from …

The Federal Reserve said FedNow, its real-time payments service that launched in July with 35 banks and credit unions, now counts 108 participating institutions with 21 others providing liquidity and settlement services and 20 service providers. Kenneth C. Montgomery, the Federal Reserve Bank of Boston first vice president and chief operating officer who spearheaded …

Payments-technology platform Pidgin said it has agreed to provide real-time payments capability to retail and commercial account holders at Exchange Bank. AffiniPay LLC, a payments platform for professional-services firms, has sold its accounting-software unit, Soluno, to ActionStep, a provider of practice-management technology. Terms were not disclosed. The U.S.-based blockchain firm Coinbase Inc. announced it …

Visa Inc. is touting recent changes to how chargebacks that could be first-party fraud, also known as friendly fraud, are processed as potentially saving small businesses globally $1 billion in costs over the next five years. Expectations are that the streamlined process will increase merchants’ ability to provide more accurate …

U.S.-based network-management company Transaction Network Services said its technology will manage connectivity for Spain-based Euro Automatic Cash, a network of 1,500 ATMs. Tiptap, a donation platform, said it will enable Visa member financial institutions to offer customers a platform to make small donations to community charities while they are performing routine banking …

Shift4 Payments Inc. announced Thursday it is integrating Amazon.com Inc.’s Just Walk Out technology into its VenueNext application for sports stadiums and other arenas. The big payments processor says it will introduce the checkout system at the United Center in Chicago, a venue where Shift4 already provides processing for purchases …

Unceasing competition for restaurant payments revenue has spurred two developments among point-of-sale system makers catering to the segment. Santa Clara, Calif.-based SoundHound AI Inc. says Olo, a New York City-based hospitality specialist, will make SoundHound’s voice-ordering service, which relies on artificial intelligence, available to its approximately 77,000 merchant locations. When …