Mobile Commerce

Growth in cashless tollways has been a boon for moving traffic. Now, PayNearMe Inc., a fintech that enables paying for online transactions with cash among other payment methods, says it is working with Kapsch TrafficCom to enable a way for those without access to in-car wireless toll payments to pay …

Zark Parking Solutions Inc., a parking-reservations platform, said it is adding payment options, including an integration with Apple Pay, single-click log-ins with Google and Apple, and its own Web app. Sales by U.S. small businesses grew 5.6% year-over-year in April, sending Fiserv Inc.’s April Small Business Index up four points to 145. …

Accertify, which provides fraud prevention, chargeback management, account protection, and gateway services, said private equity firm Accel-KKR completed the acquisition of the company from American Express Co., which it acquired in 2010. Terms were not disclosed. The U.S. Payments Forum announced a white paper exploring the links between connected cars and contextual …

Block Inc. chief executive Jack Dorsey fired back at news reports that the U.S. Department of Justice is investigating the company for alleged compliance lapses at Block’s Square and Cash App units. The reports “lack full context,” Dorsey said during Block’s quarterly earnings call late Thursday. News of the investigation …

Buy now, pay later platform Sezzle Inc. has launched a loyalty program that rewards users for paying on time. The new offering, called Payment Streaks, is part of Sezzle’s free Loyalty Tiers program. The idea is that, with each on-time payment, Sezzle users begin a payment streak that moves them …

Chase, the banking arm of giant JPMorgan Chase & Co., introduced a suite of digital products it says will help small businesses improve their cash flow and payment processing. Among the services are the ability to choose a payment speed, such as standard automated clearing house, same-day ACH, or real-time …

The war over the proposed Credit Card Competition Act shows no signs of abating as combatants on both sides of the fence continue their efforts to sway legislators and public opinion on the matter of card-acceptance costs. The latest battle centers on data from payments consultancy CMSPI that says merchants …

The top management at Global Payments Inc. said early Wednesday the company is beginning to reap the benefits it planned for when it paid $4 billion to acquire EVO Payments Inc., a processor with international merchant connections. The deal, which is now more than a year past its closing date, …

Mastercard Inc. reported $6.3 billion in first-quarter revenue, a 10.5% increase from $5.7 billion in the 2023 first quarter. It posted a quarterly net income of $3 billion, up 25% from $2.4 billion a year prior. Executives noted strong consumer spending, cross-border payments volume growth, and new deals across its regions …

The number of publicly reported data breaches nearly doubled during the first quarter compared to the same period a year ago, according to the Identity Theft Resource Center’s quarterly report, issued Tuesday. The ITRC tracked 841 publicly reported data breaches during the first quarter, up from 442 during the same …