Visa Inc. along with many other payments companies was thrown for a loop by the coronavirus pandemic, but now it’s clawing it’s way back on the strength of debit cards, e-commerce, and a real-time payments service called Visa Direct. “In the United States, we are actually back to our prepandemic …

Visa Inc. has dropped its year-old, $5.3-billion bid for the data network Plaid Inc. in the wake of an antitrust lawsuit filed by the U.S. Department of Justice. The DoJ feared Visa could use Plaid’s links to financial institutions to stifle competition in the debit market, a contention Visa denied.The big drugstore chain Walgreen …

NCR Corp. said it acquired Freshop, a grocery e-commerce services provider. Terms were not disclosed. NCR estimates that buy online, pick up in store shopping will increase 25% per year through 2025.Payment Alliance International said it acquired the ATM portfolio of B & B Music & Video, consisting of 580 company-owned and …

As part a strategy to widen its market for banking solutions, Green Dot Corp. Wednesday launched GO2bank, a mobile-banking application intended to help the 7.1 million unbanked households in the United States manage their finances.  Green Dot says it is launching the program as a way to eliminate the costly …

Amara’s Law, coined by Stanford computer scientist Roy Amara, says we tend to overestimate the impact of a new technology in the short run, but underestimate it in the long run. So it was with the Internet and mobile phones. So it’s likely to be with digital fiat currencies.  Since …

New technologies like pay-by-link and click-to-pay will get a workout this year. With 2020 unlike any other year in our history, it is certainly challenging to predict what the future may hold. One thing is clear, though. There has been an extreme shift in consumer behavior, and that shift is …

We are all living digitally infused lives as a result of the pandemic, and as the promise of a vaccine suggests that this may end in the coming year, the question is: will the changes stick? One area of keen interest to retailers and the payments industry is mobile payments, …

Credit cards historically have either been secured by a deposit or tied to a credit limit that remains fixed over time. On Friday, a Toronto-based payments-technology provider announced it is developing an unsecured card that comes with a credit line that varies with cardholder behavior. The Visa-branded Vert card, managed …

As firms look for ways to speed up and secure simultaneous payments to multiple workers or contractors, cryptocurrency has entered the picture. BitPay Inc., an Atlanta-based processor that offers crypto e-wallets, on Thursday said it has added a mass-payout service that will let companies pay gig workers, contractors, and other …

Purewrist, a provider of contactless transaction technology, announced Tuesday its Purewrist GO wearable bracelet will go live on card issuer and processor i2c Inc.’s platform. Purewrist chose i2c as its payment processor because of i2c’s global footprint and its platform’s support for devices that enable contactless and mobile transactions, says …