Mobile Commerce

Ransomware demands and payments declined in 2024, thanks to a combination of better law enforcement and defenses by companies, according to BakerHostetler’s annual Data Security Incident Response Report. The average ransomware payment totaled $501,338 in 2024, excluding the largest payment, a 33% decline from the previous year. The amount of …

In a dual announcement, Fiserv Inc. and Klarna AB said late Tuesday they plan to collaborate on offering Klarna’s installment-credit service through Fiserv’s popular Clover point-of-sale devices, starting with more than 100,000 U.S. merchant locations. An expansion of the rollout to more merchants is planned for early next year, the …

CPI Card Group Inc. added Web push provisioning to give card issuers the capability to more easily issue credit and debit cards directly to a consumer’s digital wallet. Gateway Funnel Pros, a developer of payment-gateway technology, said it has launched processing services for marketing agencies facing restrictions or denials from other …

Providers of restaurant point-of-sale and management technology continue to enhance their offerings as restaurants remain one of the hottest markets in digital payments. Par Technology Corp. announced its POS Spring Release early Tuesday, aimed at helping restaurants improve customer convenience and streamline operating costs. Key features include support for contactless …

PayPal Holdings Inc. said it will work with TerraPay to let PayPal users make real-time money transfers throughout the Middle East and Africa. Cantaloupe Inc., a payments provider for self-service markets and vending, launched Go Micro, a compact kiosk for micro markets that features an integrated barcode scanner and 5-inch touchscreen. …

Toast Inc. has signed an agreement with the restaurant-chain operator Dine Brands Global to install its point-of-sale and restaurant-management technology in 1,500 Applebee’s locations nationwide. In addition to Applebee’s Dine Brands operates such restaurant chains as IHOP, Neighborhood Grill + Bar, and Fuzzy’s Taco Shop. Applebee’s will install Toast’s POS terminals, …

JPMorgan Chase & Co. has added support for pound-denominated accounts to its Kinexys Digital Payments system, which processes blockchain transactions for commercial accounts, Bloomberg reported. Up to now, accounts have been denominated mostly in dollars. Kinexys was launched in 2019 as JPM Coin. Theya Inc., a Bitcoin self-custody platform, launched Theya for Business, …

U.S. merchants achieved higher performance scores for their gift card programs in 2025, according to Blackhawk Network’s eighth annual review of the programs. Staples Inc. led all merchants with a score of 104%, followed by Amazon.com with a score of 101% and Best Buy Co. Inc. at 99%. Cosmetics retailer …

Block Inc. has been ordered to pay a $40-million fine to the state of New York for what the state’s regulator on Thursday called “significant failures in its Bank Secrecy Act/Anti-Money Laundering compliance program, which violated the [New York Department of Financial Services’ money transmitter and virtual currency regulations.”  The …

Fintech Branch launched a payroll debit card tied to a digital bank account instead of a prepaid card, as many payroll cards are set up. Schwarzwald Capital said it has invested an undisclosed amount in Vesta Corp., a transaction-guarantee platform for card-not-present payments. Bitcoin transaction-verification platform Branta said it has worked with Amboss, a provider of …