Real-time payments network Thunes Ltd. announced early Monday its connection to Swift, the Brussels-based international financial-messaging network, will enable financial institutions to support the sending and receiving of money to and from more than 3 million mobile wallets globally. Using Thunes’s Direct Global Network, which covers 130 countries and 80 …

Six years after dropping its support for cryptocurrency, Stripe Inc. is once again enabling its merchants to accept the digital money. As of Oct. 9, Stripe merchants can now accept USD Coin, a stablecoin that settles transactions in U.S. dollars. In the first 24 hours after launch, consumers from more …

The Priority Commerce unit of Priority Technology Holdings Inc. has replaced the subscription billing model for Plastiq, its bill pay service, with a transaction fee per use. It also made all formerly premium subscription tools available to all users. The Small Business Index from the processor Fiserv Inc. indicates small-business sales and total …

Driven in part by the rise of open banking and real-time technology, account-to-account payments are poised to disrupt the legacy card networks. When it comes to what makes a payment option attractive to consumers and merchants, account-to-account payments have the key ingredients: real-time transfer of funds, convenience, and a lower …

Alex Chriss took over as CEO a year ago and wasted no time shaking things up. Now he’s on a tear to spark growth. There’s no doubt Alex Chriss, PayPal Holdings Inc.’s chief executive and president since September 2023, has taken fully to heart his charge to boost the online …

American Express Co. said fintech Knot is testing a new feature that enables select AmEx cardholders to add their payment information at participating merchants, including Bloomingdale’s, Hilton, and Macy’s. With Knot, AmEx can enable its customers to update card-on-file information instantly, AmEx said, using Knot’s CardSwitcher technology and proprietary AmEx tech. …

What happens in Illinois won’t stay in Illinois, whose new law exempting merchants from card interchange on sales tax and tips poses a whole host of technical and operational questions for processors nationwide. Bills that would exempt merchants from paying interchange on sales tax for credit card purchases have been …

Onfleet, a delivery management software platform, said its new partnership with Shopify Inc., an e-commerce and point-of-sale platform, integrated Shopify online orders with Onfleet’s platform. Rentvine, a software platform for rent payments and other property-management functions, raised $74 million in growth capital from Mainsail Partners. Businesses in the Asia-Pacific region are adopting …

U.S. Bank has acquired Salucro Healthcare Solutions LLC, a 20-year-old provider of payments and billing technology for the health-care industry. Terms were not announced. The bank first invested in Salucro in 2022 and has sold its services through Elavon, the bank’s payments entity, as a product called MedEpay. Relay Payments, a …

Mastercard Inc.’s chief executive early Wednesday deplored the recent collapse of a key interchange settlement and highlighted the card company’s rapid progress in tokenization, a key technology that masks actual card data from potential cyberthieves. Pointing to a U.S. District Court judge’s rejection last month of an agreement between merchants and …