A new competitor in the peer-to-peer payments landscape emerged Wednesday with the introduction of CHUCK, an open-loop P2P network founded by 10 community banks. The new network uses technology from digital payments platform provider Payrailz that enables customers of any of the member banks to send money to a debit card …

The switchover of gasoline stations in the United States to the EMV chip card standard has been a work in progress, but now products are emerging that can secure card data at the pump through a technology known as point-to-point encryption. Payments provider ACI Worldwide Inc. early Tuesday said it …

PayPal Holdings Inc.’s big news in November was that U.S. users of its Venmo wallet will be able to pay with Venmo on Amazon.com Inc.’s massive marketplace and on the Amazon shopping app, starting in 2022. The news comes as the latest development in a long effort PayPal has engaged …

PayPal Holdings Inc. announced late Monday U.S. users of its Venmo wallet will be able to use Venmo on Amazon.com Inc.’s massive marketplace and on the Amazon shopping app in the U.S. market, starting in 2022. The news comes as the latest development in a long effort PayPal has engaged …

Building on its strategy of expanding beyond peer-to-peer payments, Zelle, the P2P network operated by Early Warning Services LLC, processed $127 billion on 466 million transactions during the third quarter of 2021. Overall, the dollar value of payments sent during the quarter increased 51% from the same period a year …

Driven by a surge in business-to-business and health-care claims payments, transactions on the nation’s automated clearing house network swelled 7.7% year-over-year in the third quarter, according to Nacha, the organization that governs the network. Transactions totaled 7.3 billion, up by 520 million, while dollar volume totaled $18.1 trillion, a 13/8% …

Financial-services firms, and fintechs particularly, have been swamped with account-takeover attacks over the past year, leaving many consumers wary of visiting these sites, according to a report issued Thursday by Sift Science Inc. Indeed, the volume of account-takeover attacks overall more than tripled between the second quarter of 2019 and …

Six years after it shut down its last effort in mobile wallets for merchant payments, Square Inc. on Monday announced it is launching a new payments feature that will let users of its highly popular Cash App pay sellers in-store and online. Cash App Pay, which can be used at …

Fiserv Inc. announced an integration between its Clover point-of-sale technology and the business-management platform Grubhub in an effort aimed at helping independent restaurants manage and fulfill online orders.Payments provider Fattmerchant Inc. said its Stax platform is working with TimeSolv, a firm-management service for law practices, to manage billing and invoicing, and process payments, …

Paymentus Holdings Inc., a provider of cloud-based bill-payment technology, announced Tuesday it has agreed to acquire Payveris LLC, a digital money-movement platform, in a deal valued at $152.2 million. Paymentus will pay 56% of the purchase price in cash and the remainder in Paymentus Class A common stock. The acquisition …