Digital Currency

Apple Inc. launched Tap to Pay on iPhone, a service that enables U.S. merchants to accept Apple Pay and other contactless payment services with an iPhone and an iOS app. Long speculated, especially since Apple’s 2020 acquisition of Mobeewave Inc., which developed the ability to accept payments via an NFC link, Tap to Pay …

Processor Fiserv Inc. said it has agreed to acquire digital-banking developer Finxact Inc. Fiserv, an early investor in Finxact, will acquire total ownership interest for $650 million.Israel-based payments provider Nayax Ltd. said it has submitted a draft registration statement with the U.S. Securities and Exchange Commission for a potential U.S. initial public offering of …

Nayax Ltd., a payments processor for vending machines, announced it has launched an EMV-compliant platform allowing multiple choices with a single transaction authorization.Hospitality-technology provider Bite Ninja said it has acquired Zenu, a provider of ordering and payment technology for restaurants. Terms were not announced.BlueOne Card Inc. said it is launching its BlueOne Card, …

Silvergate Capital Corp. late Monday confirmed widespread reports that it has acquired assets from the stablecoin venture Diem Group. The deal, valued at $182 million in cash and stock, includes Diem’s intellectual property and “other technology assets related to running a blockchain-based payment network,” according to the announcement. The La …

Trust Payments Ltd., a payments provider in the U.K., European Union, and U.S. markets, announced it has acquired retail-technology company WonderLane Solutions Ltd. Terms were not announced.In related news, Trust Payments is the first client to go live on a payments platform created by cryptocurrency specialist Ripple Labs Inc. and Moduir Finance …

Visa Inc.’s top executives made it plain Thursday afternoon that the story of the company’s growth into the near future is threefold, including cryptocurrency, cross-border transactions, and the buy now, pay later trend. “Visa is enabling scale for BNPL, crypto, and wallets,” Visa chief executive Alfred Kelly told equity analysts …

The turbulent story of the Diem digital currency recorded yet another twist with reports on Tuesday that the two-and-a-half-year-old project is seeking to dispose of its assets. The latest news, first reported by Bloomberg, comes less than a year after the Diem Association moved its headquarters from Switzerland to the …

Payments provider Lightspeed Commerce Inc. announced new features for its Lightspeed Restaurant point-of-sale technology, including order throttling, a feature that helps manage spikes in demand.Software firm Launch Cart said it will introduce on Feb. 2 its On-Demand eCommerce SaaS platform, intended to ease entry into e-commerce for small business owners and entrepreneurs.Payments provider Paysafe Ltd. said …

American Express Co. saw its crucial travel-and-entertainment business continue to recover in the final three months of 2021, leading top company executives Tuesday morning to express considerable optimism for 2022. But don’t look any time soon for the New York City-based card giant to make any major forays into buy …

The Federal Reserve’s release last week of a discussion paper exploring a central bank digital currency for the United States has evoked interest from a group that emerged two years ago to help launch just such an initiative. The Digital Dollar Project on Friday applauded the Fed’s effort and underscored …