Marqeta Inc. late on Tuesday announced it will continue processing transactions for Block Inc.’s Cash App card product for another four years under a new agreement between the companies. The renewal will see San Francisco-based Block using Marqeta’s issuing platform through June 2027. The announcement comes days after Block reported …

As account-to-account payments raise their profile in the payments arena, Dwolla Inc. has launched Dwolla Connect to enable businesses to integrate the payments into their apps and connect with existing cash-management systems. One of its chief utilities is enabling a centralized location for payment information. Announced Tuesday, Dwolla Connect provides …

Digital-currency platform Circle Internet Financial has collaborated with Euro Coin to announce Programmable Wallets, aimed at enabling developers to embed crypto wallets in their apps. Payments platform InComm Payments announced it has acquired Zenda, a technology provider for health and benefits administration and provider of platforms for health-savings and flexible-spending accounts. Terms were not …

Card skimming remains a vexing problem in the United States, with the number of reported incidents increasing 20% during the first half of 2023 compared to the same period in 2022, according to the credit-data firm FICO. More concerning, however, is that the number of cards compromised as a result …

Block Inc., corporate parent of Square and Cash App, posted $5.5 billion in second-quarter revenue, a 25% jump from $4.4 billion in the same quarter a year ago, as the payments provider pushes on with its move to add larger merchants. The midmarket segment now accounts for 40% of its …

The top brass at fast-growing payments processor Shift4 Payments Inc. indicated early Thursday the company is banking on sophisticated platforms like its SkyTab point-of-sale system in the face of rivals’ efforts to hit hotels and restaurants with additional fees. The Allentown, Pa.-based company is also looking to expansion in Europe …

As FIS Inc. prepares to dispose of a majority interest in its merchant-acquiring unit, the big processor confronts other key questions regarding potentially favorable developments in the payments business. Still, its top brass proved reluctant early Wednesday to discuss those questions, one of which touched on opportunities the proposed Credit …

Checkout provider Skipify said its technology is launching exclusively with American Express Co. to enable select cardholders to link to eligible AmEx cards to checkout with participating merchants. The integration means consumers will not need to manually enter their payment and billing details, which could help with merchant approval and conversion rates, …

Consumers plan to increase the number of gift cards they purchase this year by 12%, compared to 2022, and increase the value loaded on those cards by 7%, according to research from card platform Blackhawk Inc. released Tuesday. Blackhawk’s survey found that 37% of respondents have purchased more gift cards …

Amazon.com Inc. grabbed headlines last week with its announcement that it will deploy its palm-reading checkout technology in all of its more than 500 U.S. Whole Foods stores, but it turns out scanning capability from a wide variety of software companies is taking over checkout duty worldwide, according to recent …