Payments-technology provide Bottomline announced it has acquired Nexus Systems, a vendor of payments-automation software the real-estate and property-management sector. Terms were not disclosed.Payments provider Stax launched Stax Bill, a service that provides automated billing software. It had been known as Fusebill, a company that Stax acquired in 2021.Loyalty network Engage People said it partnered with FreedomPay to …

Seeking to beef up its buy now, pay later offering, Bread Financial on Monday launched the Bread Pay One-Time Use Card, a virtual credit card that allows consumers to pay for purchases in four installments. The card, which will be issued by Marqeta Inc., can be used by consumers for …

The decision over the weekend by three of the nation’s largest payments networks to introduce a new category code for gun shops could raise more questions for the payments industry than answers. The move by American Express Co., Mastercard Inc., and Visa Inc. would for the first time create a …

Sean Feeney, the veteran software executive and former U.S. Army officer who took over as chief executive of Cantaloupe Inc. in June 2020, will retire Sept. 30 and will be replaced by Ravi Venkatesan, who has been serving as chief operating officer of the vending-payments specialist since February. The move …

In an effort to combat the rise of financial crimes, such as fraud, Socure Inc. has enhanced its know your customer (KYC) identity-verification solution. Socure says the update gives customers stronger tools—such as reason codes and field-validation intelligence, which tests the results of machine-learning models against live data—to verify the …

Underscoring the rapid growth of digital payments between individuals, the Zelle Network early Thursday celebrated five years in business with numbers showing it has processed more than 5 billion transactions worth almost $1.5 trillion. In that time, almost 1,700 banks and credit unions have added Zelle to their mobile apps, …

Shift4 Payments Inc., which has built a large client base in the hotel and hospitality market, made a bid for greater share in the highly competitive restaurant POS market Tuesday with the introduction of SkyTab POS, a modular, Android-based software application that combines back-end functionality and point-of-sale capabilities in a …

After riding a strong growth wave in 2021, installations of specialized ATMs that allow users to convert their local currencies, such as the U.S. dollar, into cryptocurrencies have cooled off considerably in 2022. Through August, just 5,000 cryptocurrency ATMs have been installed globally this year, bringing the total to more …

Usio Inc. is jumping into the point-of-sale credit arena with its own service, which enables businesses to offer instant credit to customers without the risk of consumer lending. Announced Tuesday, the service enables merchants to offer POS financing without integration issues or credit concerns, Usio says. “Any business that deals …

A study of fraud losses in European countries by FICO indicates the United Kingdom cut losses by 49 million pounds last year, the most of any European country, according to the 2021 European Fraud Map from FICO, a predictive-analytics company.Checkout-technology provider Bolt launched Checkout Links, which it says enables consumers to check out …