Mastercard reported a strong third quarter on Thursday as it builds out the foundations for a near-term future in which it sees itself playing a central role in new transaction flows involving account-to-account (A2A) transfers and digital-currency payments. Mastercard has been laying the groundwork for A2A business for at least …

APEX family of products designed to help businesses compete and grow in the marketplace Southlake, Texas based Agile Financial Systems (AFS) is a high growth financial technology company founded in 2017. Backed by an executive team with over 100 years of combined industry experience, the organization’s mission is to revolutionize …

[UPDATED TO REFLECT A STATEMENT FROM PAX] A report released on Tuesday detailing a raid by federal investigators at a Florida warehouse linked to Pax Technology Inc. has stunned the payments industry and left some observers concerned about the big point-of-sale device maker’s reported reaction to allegations its technology was …

The rapidly unfolding buy now, pay later business holds huge potential for point-of-sale lenders but flashes caution signs for players that jump in without doing their homework, a panel of experts said Tuesday at the Money 20/20 exposition in Las Vegas. The BNPL product, which generally allows shoppers to pay …

With consumers eagerly embracing buy now, pay later payment options, Stripe Inc. on Tuesday announced it is partnering with BNPL powerhouse Klarna AB. The deal will enable Stripe merchants to offer Klarna BNPL loans to consumers in the United States and 19 countries throughout Europe. The deal also adds to …

As part of its strategy to become a full-service payments provider and serve a wider consumer base, buy now, pay later provider Sezzle Inc. on Monday announced a partnership with Alliance Data Systems Corp. to offer Alliance Data’s Bread installment-loan service to Sezzle merchants. The partnership builds on a deal …

American Express Co. reported strong results Friday morning for its third quarter as its top executive said the company hasn’t exhausted its interest in acquisitions, though he added the New York City-based payments company is cool to the prospects for cryptocurrency as a medium of exchange. Chief executive Stephen Squeri …

The heady times for buy now, pay later just keep on rolling. Now, with 44% of consumers saying they have used BNPL options to make a purchase, according to personal-finance company Credit Karma LLC, providers of the point-of-sale financing have opened the ad-spending spigot.  A new report from MediaRadar, a …

The global shortage of semiconductor chips that’s plaguing the makers of point-of-sale terminals and other payment devices has left at least one technology firm sitting pretty, its founder and chief executive says. “It’s wind in our sails,” says Sam Shawki, chief executive of MagicCube Inc. That’s because MagicCube’s technology enables …

As part of its strategy to support application developers, open-banking platform provider Plaid Inc. this week introduced at its developer conference several tools to help developers create a broader range of financial technology applications regardless of the programming language developers use. The new suite of tools include Plaid Pattern apps, which …