Point-of-sale services provider National Retail Solutions announced wholesale grocery distributor Pitco Foods is selling NRS POS terminals in its four warehouse stores. A court ordered PayPal Holdings Inc. to give the Canada Revenue Agency, the country’s national taxing authority, information about Canadians with PayPal business accounts who sent or received …

Richard Cordray, the only person so far to serve as director of the federal Consumer Financial Protection Bureau, announced Wednesday that he will resign by month’s end. The widely anticipated move casts uncertainty over the CFPB’s future, including its policies on electronic payments. “For President Trump, it will be yet …

For the last four years, Square Cash has been a popular person-to-person payment app, but now Square Inc. is adding another function: buying and selling Bitcoin. The San Francisco payments company is testing the new feature with an undisclosed number of Square Cash users, according to the company and users’ …

Unless there is a potential fraud issue or customer dispute, very few of the trillions of transactions that cross U.S. electronic payment networks annually attract any attention. But the first transaction on The Clearing House’s new real-time payments system was so different that BNY Mellon, the bank originator, invoked the …

Richard Cordray, director of the Consumer Financial Protection Bureau since 2011, is resigning, according to a report on TheHill.com, a political news site. The CFPB’s only director since it was created, Cordray expects to leave the agency by the end of the month, the site said. Fashion retailer Forever 21 Inc. said it …

The Clearing House’s much-anticipated real-time payments system, dubbed RTP, went live late Monday afternoon, ushering in a new era of faster electronic payments in the United States. The transaction between The Bank of New York Mellon Corp.’s BNY Mellon subsidiary and U.S. Bancorp’s U.S. Bank was completed at 4:59:40 p.m. …

Chatbots, quick-response codes, and so-called invisible payments will spur digital-coupon redemption volume to $91 billion worldwide by 2022, forecasts Juniper Research Ltd. These three technologies will propel redemption as consumers increasingly become accustomed to them, says the United Kingdom-based research firm. For example, chatbots, a form of machine learning that …

Visa Inc. announced Monday that it has created a business unit dedicated to transit payments. The new unit debuts as public transportation agencies worldwide move away from cash and proprietary magnetic-stripe fare cards and begin accepting mobile wallets and contactless general-purpose credit and debit cards. Dubbed Visa Global Transit Solutions, …

Mobile-wallet developer CardFree Inc. said it has paired with loyalty-solutions vendor Hatch Loyalty to target gas stations and convenience stores for order-ahead, stored-value, and loyalty services. Miami-based Bitcoin broker Bitstop expanded to California with the deployment of five Bitcoin ATMs in Los Angeles and four in Oakland; the company also …

Private-equity firm Thoma Bravo LLC announced it plans to acquire ABC Financial Services Inc., an independent sales organization and software company serving more than 6,700 health clubs in North America and Europe. Terms of the deal, which is expected to close by year’s end, were not disclosed. Morgan Stanley Wealth …