The big untold story in payments is how the lumbering ACH network has been posting impressive growth rates quarter after quarter. Is there more than same-day settlement to keep the party going? Let’s face it, generating anything beyond low-single-digit growth rates can be a challenge when you’re a 45-year-old payment …

SpotOn Transact LLC said it will integrate Poynt Inc.’s smart point-of-sale terminal into its platform. SpotOn said it is the first to work with Poynt to integrate loyalty, marketing, and POS software directly into the terminal hardware. Synchrony Financial expanded the merchant categories eligible to accept its Synchrony Car Care …

Grocer The Kroger Co. launched Kroger Pay and the Kroger Rewards debit card. Kroger Pay, available for iOS and Android mobile devices, is a Quick Response code-based mobile-payment service, which also includes digital coupons and personalized offers. Currently, Kroger Pay is available in Columbus, Ohio, with plans for nationwide expansion …

Benefitting from a built-in customer connection, retailer wallets adroitly tap into shoppers’ purchasing habits in ways unavailable to the big tech wallets. Retailer mobile wallets are proliferating in part because the consumer can get something that she can’t with any of the tech-based apps. That is a high degree of …

The number of known data breaches fell 24% in 2018, but the number of compromised records that contained sensitive personally identifiable information more than doubled from 2017’s levels to over 450 million, according to the Identity Theft Resource Center’s latest annual data-breach review. The San Diego-based non-profit and partner CyberScout …

WEX Inc., a payments and technology provider in the fleet, travel, and health-care sectors, said it has acquired Discovery Benefits Inc., an employee-benefits administrator serving more than 1 million consumers across the country. New York City & Co., the official visitors’ bureau for the city of New York, said it …

Technology provider Nxt-ID Inc. said its planned spinoff of its payment assets into an independent, publicly traded company has been delayed until the first quarter of 2019 owing to the company’s inability to come to terms with its primary lender, which holds security interests in the assets targeted for the …

Three years ago, Mastercard shelled out big money for a U.K. technology firm. As faster payments take hold in the States, the rationale for that deal will soon be put to the test. Back in July 2017, the Federal Reserve issued a challenge to the U.S. payments industry: create a …

Fleet-fueling and corporate-payments provider WEX Inc. reported this week that it has a deal to acquire Noventis Inc., a bill-payment network and virtual card specialist. South Portland, Maine-based WEX said in a news release that it already has a “longstanding relationship” with Noventis as a supplier of virtual cards for …

Shortly after the former Sage Payment Solutions rebranded as Paya early this year, company president Greg Cohen said the merchant processor would play a “value game,” not a low-price game. Following that strategy, Paya on Wednesday unveiled Paya Connect, a platform for software firms and independent sales organizations to create …