Affinipay, an e-commerce payments provider specializing in professional markets, launched a generative AI capability in its platform for law offices, including its LawPay service. Generative AI refers to predictive technology based on artificial intelligence. The cryptocurrency exchange KuCoin announced users of its KuCard debit card can spend their digital currency from their …

Digital-payments provider Wirex says it is working with ZeroFox Holdings Inc., a provider of cybersecurity technology, to incorporate ZeroFox’s Dark Web Monitoring app into its platform. Wirex’s blockchain-based service enables consumers to buy, sell, send, spend, and store fiat and crypto currency through the Wirex digital wallet. ZeroFox’s Dark Web …

What comes first, the payment or the service, the money or the merchandise? It is best when they happen simultaneously, but this is not always possible. The seller says, “Pay me now and trust me to deliver later.” The buyer says, “Deliver now, and trust me to pay later.” If …

As the digital economy continues to grow, people are relying on virtual transactions more than ever. But with the expansion of digital money movement comes new opportunities for fraudsters to exploit merchants and their customers. In today’s economy, fraudulent activity can happen anywhere, to just about anyone. Digital cybercriminals are …

Digital ordering took off when the pandemic set in, and while Covid has subsided, the appetite for online ordering and payment has only surged among restaurants. Now the trend has claimed a major chain that until now had proven resistant to the technology. Olo Inc., a New York City-based dining-technology …

Short-message service, or SMS, is coming to the aid of fraud managers looking to verify the identity of persons on the receiving end of payments transactions. The technology, which undergirds the well-known texting function between users of mobile phones, can be harnessed to stop fraud, according to security firm DataVisor …

Block Inc., the parent of Square and Cash App, launched Bitkey, a self-custody Bitcoin wallet, in nearly 100 countries around the world. Block is taking pre-orders for the wallet, which consists of a mobile app, a hardware device, and a set of recovery tools, at $150 each. Crypto technology provider Onez launched …

SoundHound AI Inc. said it will acquire SYNQ3 Restaurant Solutions, a voice artificial intelligence and technology provider for restaurants, in a deal valued at $25 million. Once completed, the deal will extend SoundHound’s services to 10,000 locations and more than 25 national and multinational chains. The deal is expected to close …

Exceleron, a payments service for utility companies, said it is working with payments platform KyckGlobal to allow persons to pay a utility bill with cash at certain ATMs. Dash Solutions acquired KyckGlobal in August. Payments and loyalty platform Givex announced an integration with Uber Direct to enable merchants to add on-demand delivery service to …

Financial technology platform provider Adyen NV late Monday announced it will become the acquiring bank for global payments platform Klarna AB next year for markets in North America, Europe, and Asia. The deal expands the companies’ more than decade-old partnership through which Adyen offers Klarna’s payment options to consumers, including …