Fiserv Inc. has acquired CCV, a payments provider operating in Germany, Belgium, and the Netherlands, in a deal aimed at speeding the deployment of Fiserv’s Clover point-of-sale platform in Europe. Terms were not disclosed. Lightspeed Commerce Inc., a payments provider specializing in hospitality, launched an AI-based product that lets clients build …
Read More »
Payments platform PayMaple LLC launched a new accounts-payable service enabling vendor payments via real-time payments, the automated clearing house, or virtual cards. The last option is expected by the third quarter, the company says. Vitesse, a specialist in claims payments for the insurance industry, is working with Five Sigma Ltd., a claims-management …
Read More »
Fiserv Inc. said it has closed on its previously announced acquisition of Payfare Inc., a Toronto-based earned-wage access firm, for approximately $193 million Canadian, or $133 million U.S. Health-care payments provider RevSpring Inc. launched Let’s Talk, a virtual agent created via artificial intelligence to handle inbound calls from patients, including answering questions and …
Read More »
The Consumer Financial Protection Bureau has canceled five enforcement moves, including an action against Capital One, Reuters and other news sources reported early Friday. The news came as the nominee to head the bureau, Jonathan McKernan, was testifying Thursday before the Senate in a confirmation hearing. Treasury Secretary Scott Bessent has been …
Read More »
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 …
Read More »
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 …
Read More »
CellPoint Digital Holdings Ltd. introduced a new payment-orchestration platform aimed at simplifying travel payments and related orders and offers. Merchant data provider Spade Data Inc. said it will work with Bilt Rewards, a loyalty provider for home and rent payments, to provide more merchant details to Bilt users. PSQ Holdings Inc. said it has …
Read More »
Leveraging tie-ins with sister companies to facilitate payments and converting fiat currency to cryptocurrency are some of the possibilities that lay ahead for XMoney, the digital wallet from social-media platform X, in the wake of its partnership with Visa Inc. Enabling Tesla charging stations to accept the wallet is an …
Read More »
Payment processor Moov Financial Inc. will process payments for a particularly high-profile enterprise, the Truth Social platform and Truth+ video streaming service, both owned by President Trump’s Trump Media and Technology Group Corp. Announced Monday, the deal includes credit card, debit card, and ACH acceptance. Moov says the deal will …
Read More »
Debit cards remain the preferred payment for online sports bettors, with 42% of bettors saying they use debit cards to fund their accounts, according to Paysafe Ltd.’s annual All the Ways Players Pay report. It is the third consecutive year debit ranked as bettor’s preferred payment method. Digital wallets were …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
