The Covid-19 pandemic forced many restaurants to change the way they do business by providing online and mobile ordering, and even setting up pickup and delivery-only kitchens to meet consumers’ changing ordering preferences. With that need in mind, Square Inc. on Thursday announced its kitchen-display system, Square KDS, will now …

While some parts of the economy slowed in 2020, criminals paid no mind to that as their phishing attacks against companies in the financial sector increased 45% over 2019 to 3.4 billion, Akamai Technologies Inc. found in its “State of the Internet / Security report: Phishing for Finance” released Wednesday. …

The Western Union Co. said its money transfer services are now available at almost 4,700 U.S. Walmart Inc. stores. The two companies announced the addition of Western Union in January.Grocery chain Food Lion said it is accepting the Supplemental Nutrition Assistance Program’s electronic benefit transfer card in the 10 states where the chain has …

MagicCube Inc. announced Monday that Dojo, a United Kingdom-based payments provider, will adopt MagicCube’s i-Accept software, which converts off-the-shelf mobile devices into point-of-sale terminals. Dojo will integrate i-Accept into its SoftPos + PIN platform in the United Kingdom and the Republic of Ireland.   The integration is expected to give Dojo …

At its fifth annual partner and developer conference, Square Inc. on Thursday announced three new tools for software developers: Snippets API for Square Online, Loyalty API, and the Web Payments software development kit (SDK). The new tools arrive as e-commerce volume has exploded in the past year and as larger …

While mobile-wallet ownership holds steady at 45%, younger consumers are embracing the payment technology more readily than they were 10 months ago, according to a research from the big processor FIS Inc. As of February, 65% of young Millennials use a mobile wallet, compared to 59% in April 2020. In …

The Diem cryptocurrency, once known as Libra, has undergone so much change in the past year that some observers at least might argue it’s almost an entirely different project. The latest development emerged late Wednesday with the announcement that the Diem Association is moving its operations from Switzerland to the …

Visa Inc. on Wednesday introduced to the general public its Visa Spending Momentum Index, a measure of what the global payments network calls “the health of consumer spending,” and the latest number indicates the U.S. economy is doing far better in the wake of business reopenings. In April, the index …

Prices for cloned credit cards and the accompanying account data for sale on the dark Web are on the rise, while data from hacked cryptocurrency accounts command some of the highest prices, according to a report from PrivacyAffairs.com, an online publication from Romania-based Zisk Web Ltd. From October 2020 through February …

Pressure may be building on the Federal Reserve to take action on a debit card interchange-fee regulation that it has left intact for 10 years despite sweeping changes in the payments business, including an onrush of e-commerce transactions over the past year. In part, observers are reacting to a report …