Digital Currency

Community financial institution Five Star Bank launched tap-to-pay on iPhone capability for its business clients, allowing merchants to accept contactless payments directly on their iPhones. Fluency, a provider of technology for central bank digital currencies, said it has been selected by Mastercard Inc. to work with the card network on CBDC initiatives. Payments provider Novo …

Upgraded, a service that lets Apple MacBook buyers pay over time, announced it is launching in the United States in a partnership with Citizens Pay, a point-of-sale financing service of Citizens Bank. Adyen NV, a Dutch payments platform that competes in the U.S. market against companies like Stripe, Fiserv, PayPal, …

The Waffle House restaurant system has adopted chainwide contactless payment capability, including mobile-wallet acceptance, through the Oracle Payment Cloud service. A startup called iWallet said it will adopt FedNow for mobile check deposits. The Federal Reserve launched the FedNow real-time payments service last month. MarginEdge, a bill-payments provider, launched a mobile bill-payment app for restaurant operators …

BitPay Inc. expanded the payment capabilities of its cryptocurrency wallet Tuesday with inclusion of bill payment. BitPay users can now pay bills with digital currency at more than 5,000 billers, the Atlanta-based company says. To enable bill payment, BitPay has partnered with Method Financial, an Austin, Texas-based provider of embedded …

Add a stablecoin to the roster of PayPal Holdings Inc.’s financial and payments products. Announced Monday, the PayPal USD will begin rolling out to PayPal accountholders today and in coming weeks. A stablecoin is a form of cryptocurrency pegged to a reserve asset viewed as stable, such as gold or …

Fintech iWallet, whose technology lets repair personnel and other field-service providers process checks on a smart phone, said it is seeing growth among small businesses such as those in the plumbing, appliance-repair, electrical, and HVAC fields. Financial-technology provider Ascend will provide its billing-technology platform to process transactions for NFP, a property and casualty …

The Digital Dollar Project announced benefits such as reduced cost and risk from a recent pilot of a retail central bank digital currency for cross-border transactions. The DDP ran the project in the Philippines in partnership with The Western Union Co., supported by the consulting firm Accenture. Digital-currency platform Circle Internet Financial Inc. launched the …

Checkout provider Skipify said its technology is launching exclusively with American Express Co. to enable select cardholders to link to eligible AmEx cards to checkout with participating merchants. The integration means consumers will not need to manually enter their payment and billing details, which could help with merchant approval and conversion rates, …

NCR Corp. announced names for its two major business units once the company spins off its ATM operations, with both retaining the NCR moniker. The digital-commerce business will be called NCR Voyix, while the ATM operations will be named NCR Atleos. FIS Inc.’s Worldpay processing unit launched Revenue Boost, a service based on …

Mastercard Inc. launched Mastercard Receivables Manager, aimed at streamlining the process businesses use to accept and process transactions on virtual cards. The 20-year-old billing platform eLabs announced it has rebranded itself as Vizibill. The Bitcoin ATM network Bitcoin Depot Inc. reported it expects second-quarter revenue to total between $196 million and $198 million, up …