Departing PayPal Holdings Inc. chief operating officer Bill Ready in January will assume the role of head of commerce at Alphabet Inc.’s Google unit, TechCrunch reported. PayPal announced in June that he would leave the company at year’s end. Ready came to PayPal in 2013 as a result of the company’s $800-million …

Bank of America Corp. next year will enhance Erica, its popular digital financial assistant powered by artificial intelligence, with two new features—one to make its credit and debit card holders aware of which merchants might be storing their card numbers, and another that will issue alerts about possible duplicate charges. …

In addition to merchant processor Shift4 Payments Inc., another payments-industry initial public offering of stock is in the offing. This one comes from Bill.com Holdings Inc., a provider of cloud-based invoice-management and payment services for small and mid-sized businesses. Palo Alto, Calif.-based Bill.com hopes to raise approximately $158.9 million after …

Payments provider Super Processor selected a payments platform from TAS USA Inc. to manage merchant onboarding, merchant accounts, and transaction processing for both in-store and e-commerce transactions.Hudson Executive Capital LP, an investment firm that has been embroiled in a fight for control of vending-machine payments technology provider USA Technologies Inc., filed a proxy …

A new set of security protocols to better safeguard online connections within the financial-services industry is in the offing. Securing and trusting these connections is a critical piece of the payments infrastructure. Experts say the underlying standards they are built on—called public key infrastructure—need updating. That’s why the Accredited Standards …

Visa Inc. announced plans to launch a new certification program and fund up to 500 scholarships to train individuals as dispute-resolution professionals, a role Visa says is in high demand across the payments industry. The program will include multiple days of training and several professional-level certification exams.Field-service management and communications provider …

The Accredited Standards Committee X9 Inc., which sets standards for financial services, said it has restarted its X9F5 working group, the committee that developed the original standards underpinning public key infrastructure (PKI). The new group will work on new PKI standards that will address needs in the financial-services industry apart from …

Shift4 Payments Inc., one of the nation’s biggest independent sales organizations, announced on Tuesday that it has filed a draft registration statement with the U.S. Securities and Exchange Commission for what it calls a “proposed” public offering. A Shift4 spokesman did not immediately return a call from Digital Transactions News …

Jewelry retailer Pandora said it is standing by its 2019 sales guidance despite an eight-hour point-of-sale issue at U.S. and Canadian stores on Black Friday.American Express Co. said its Small Business Saturday promotion, which occurred Nov. 30, achieved a record with an estimated $19.6 billion in spending.With fewer people carrying cash, the Salvation …

Bitcoin has floundered because it serves no real need. The story with Libra is far different. While Bitcoin and Libra are both currencies and payment systems, their potentials are vastly different. From its inception, Bitcoin evangelists enthused it would upend reigning fiat currencies and electronic-payment systems. A high-octane cocktail of …