All but two of 27 bank mobile apps examined in a new S&P Global Inc. study offer person-to-person payments and another bank will soon add the feature to its app. But less than a third of the apps support cardless ATM transactions. The study by New York City-based S&P Global’s …

The Federal Trade Commission announced a settlement with two defendants accused of laundering nearly $6 million in credit card charges through fraudulent merchant accounts. Lightspeed, developer of a cloud-based point-of-sale system, released Lightspeed Loyalty, a service that offers merchants a rewards program, automated marketing, customer data reporting, and, for restaurants, …

The prognostications for 2019 are starting to roll in, and if at least one comes true, we’ll see business-to-business transactions driving the growth of faster-payment systems. And smart phones might actually gain some discernible traction at the point of sale. The predictions come from the big accounting and consulting firm …

Thales’s proposed all-cash acquisition of rival Gemalto received merger-control regulatory clearance by the European Commission. Effective immediately, the clearance is conditioned on Thales’s agreement to divest its general-purpose hardware security modules business worldwide. The deal still must clear regulatory hurdles in five other countries, including the United States. Bluefin Payment …

Cloud-based point-of-sale system maker ShopKeep said it closed a $65 million funding round, led by Tribeca Venture Partners, that it will use for expansion and growth purposes. New investors include First Data Corp. and Salesforce Ventures. A staff report released by Republicans on the U.S. House Oversight and Government Reform …

7-Eleven Inc. is among the latest retailers to empower consumers to become their own point-of-sale checkout when they use an app on their smart phones. A central component of that capability is the image-capture tool built into the app. The 7-Eleven Scan & Pay service, which is in tests now and …

UATP, an airline-owned payment network, said it is adding Chase Pay to its network, a move that should make it easier for airlines to accept JPMorgan Chase & Co.’s Chase Pay in their apps and Web sites. NCR Corp. completed its $184 million acquisition of merchant processor JetPay Corp. Payments …

In a vast and rapidly growing commercial card market, virtual cards are grabbing dollar-volume share and are poised to dominate business-to-business card payments, according to research from Accenture Payments. Corporate cards, purchasing cards, and virtual cards will account for $523 billion in U.S. commercial card volume, up 10% from 2017, …

OnDeck Capital Inc. said it will combine its Canadian lending operations with Evolocity Financial Group, a Montreal-based online small-business lender. The combined entity will be branded OnDeck Canada. Terms were not disclosed. Mobile-payments specialist Glance Technologies Inc. announced a referral agreement for cash advances with Merchant Advance Capital L.P. Hackers …

NACHA is not taking a position on whether the Federal Reserve should build a proposed real-time settlement system, but in comments this week the automated clearing house governing body said it is concerned the Fed’s current proposal is “too narrowly focused” and favors instant payments at the expense of other …