Mobile Wallets

Block Inc.’s top management late Thursday said the company’s focus for the remainder of the calendar year is on enhancing its go-to-market strategy. That means improving sales, boosting partnerships, sharpening marketing, and product innovation, Block chief executive Jack Dorsey said during the company’s 2024 second-quarter earnings call. Dorsey lost no …

Bharcap Partners LLC has made an unspecified majority investment in payments provider Electronic Merchant Systems, which processes roughly $6 billion in volume annually for 25,000 merchants across the country. The company was formerly majority-owned by founder Jim Weiland. Rentec Direct, whose software enables landlords to process rent payments and automate other …

An in-home services company called The Helper Bees has launched a benefit card that allows members to spend benefits at more than 60,000 retail locations, including drugstores and grocery chains. Duda, a Web site developer, said its e-commerce technology has integrated with Block Inc.’s Square platform, a move it says will allow …

When Alex Chriss took over in September as PayPal’s chief executive, he promised to shake up what he saw as a complacent payments engine. Now, the company is starting to see some tangible results from Chriss’s moves, though the new boss isn’t entirely satisfied. “We know there is much more …

Square announced it has joined US Foods’ Check program, which offers technology to restaurants. Square is the point-of-sale payments unit of Block Inc. US Foods is a distributor to the dining industry. China’s UnionPay cards now total more than 240 million outside China, the company said in an update, with issuance in 82 …

Marqeta Inc. early Thursday said it has become the first card-issuing platform to adopt technology announced earlier this year by Visa Inc. that lets cardholders toggle among a variety of payment methods for a single card rather than be restricted to the payment type indicated by the card itself. Oakland, …

Fiserv Inc.’s top brass early Wednesday celebrated a second quarter in which adjusted revenue jumped 7% and adjusted earnings per share grew 18%, but it was new programs and alliances—including one with Apple Inc.—that took center stage as the company presented its second-quarter results. Cash Flow Central, a banking alliance …

Point-of-sale and payments software provider Sound Payments said it completed an integration with two Equinox Payments POS terminals in Sound’s Quantum Cloud platform. Blaze Solutions Inc., a provider of technology for cannabis sellers, has released new point-of-sale technology for that market, featuring a Web-based POS system and upgraded user interface. A startup …

Block Inc.’s Cash App announced it will be a payments option on Google Play, an Android-based e-commerce store offering apps and other content and accessed by more than 2.5 billion users monthly. Payments provider Repay Holdings Corp. said borrowers will be able to pay mortgage servicers with debit cards through an integration by Repay …

Jifiti, a provider of embedded-financing solutions, is giving a new twist to the buy now, pay later trend with the introduction of Tap Now, Pay Later, a financing tool for large-ticket purchases. Examples include home-remodeling projects, in which funds are loaded into a consumer’s digital wallet via a virtual credit …