NCR Corp. said it acquired Anderson, Ind.-based Midwest POS Solutions Inc., a point-of-sale systems provider serving 1,000 restaurants in Indiana and Kentucky. Midwest POS was one of the first dealers of the NCR Aloha POS system for restaurants. Terms of the deal were not disclosed.ATM security specialist TMD Security launched One Touch Access, …

C&H Financial Services Inc. said it merged with Mann Merchant Processing Systems LLC to expand its East Coast operations and grow. The combined company will use the C&H brand. Terms were not disclosed.Merchant acquirer Elavon Inc., a subsidiary of U.S. Bancorp, acquired Gothenburg, Sweden-based payments provider Payius AB. Payius has been an …

Investors in payment stocks experienced something in September they don’t have to suffer through very often—two straight months of negative returns. A basket of 27 transaction-processor stocks tracked by Chicago-based Barrington Research Associates Inc. posted a negative mean return of 3.89% in September, considerably worse than three major stock-market indexes. …

A report Wednesday that at least some members of the consortium backing Facebook Inc.’s Libra cryptocurrency project—including Visa Inc. and Mastercard Inc.—are having second thoughts has drawn fire from the top Facebook executive in charge of the project. “The tone of some of this reporting suggests angst, etc….I can tell …

The Federal Reserve, which is taking industry comments on its upcoming FedNow real-time payments network until Nov. 7, said common questions so far involve pricing and the scope of the service. The first question can’t be answered yet, and the second touches on services that will be designed by financial institutions building on top …

It faces formidable challenges, but Facebook’s cryptocurrency initiative has the potential to rewire the underpinnings of the entire payments system. Libra, a new stablecoin powered by blockchain technology from Facebook, is a bold, forward-thinking concept and a potential game-changer for blockchain and the payments realm. While it remains to be …

Western Union, MoneyGram, and Ria have ruled the money-transfer landscape for decades. Now they are challenged by a slew of digital-first upstarts. Does the old guard have what it takes to stay ahead of the competition? From mobile wallets and person-to-person payments to cryptocurrencies and blockchain ledgers, digital disrupters are …

Facebook’s digital money could empower the underbanked, usher cryptocurrency into the mainstream, and accelerate the arrival of real-time payments. For some, that’s not good enough. In Roman times, the libra was a unit of weight roughly equivalent to 12 ounces. Ancient Rome also attached the name to a constellation that …

JPMorgan Chase plans to discontinue its Chase Pay mobile wallet. Other banks are shuttering their wallet apps, too. Is there no longer—or was there ever—a place for bank-sponsored wallets for mobile payments? Apple Pay, Google Pay, and Samsung Pay, collectively “the Pays,” seem to get all the attention when the …

Historically, ACH processing hasn’t been a big item on most merchants’ wish lists. That could change soon as efforts to make it more merchant-friendly intensify. With all the discussion of faster payments and real-time payments, often synonymous but not always, one payments network continues to attract merchants. The automated clearing …