When it comes to online checkout, consumers like using digital wallets. Seventy-two percent of them value digital-payment tools like digital wallets to make the online checkout easier, says Paze in its inaugural Paze Pulse report. Paze is an upcoming digital wallet from Early Warning Services LLC. Backed by seven large …

Fiserv Inc. is partnering with Genesis Bank to provide low-to-moderate income small businesses in Southern California serviced by the bank access to its Clover point-of-sale technology at a reduced cost. The deal opens the door for low-to-moderate income small businesses a way to access to select Clover technology bundles with …

Fiserv Inc. has expanded its CheckFreePay bill-payment network to include self-service capabilities through NCR Atleos ATMs. CheckFreePay users will be able to pay their bills in cash at thousands of NCR Atleos ATM locations, including top-10 retailers, grocery stores, convenience stores, and pharmacies in the United States. Previously, ATMs that …

Decentralized finance (DeFi) is revolutionizing the way consumers and businesses handle their financial affairs, offering an innovative alternative to traditional, centralized financial systems. This transformation is creating a dynamic financial landscape where both traditional finance methods and DeFi coexist, encouraging real-time, transparent, and secure digital payment solutions. This evolution presents …

J.P. Morgan Payments sees the future of electronic commerce as one pipeline accessed by consumers across channels. Its role in that scenario is outlined by the debut earlier this year of what it calls a full-stack omnichannel service, one that offers in-store, online, and mobile checkout capabilities. “We realized merchants …

Cantaloupe Inc., a provider of cashless payment technology for the self-service market, has acquired Cheq Inc. for $4.75 million, Cantaloupe announced late Thursday. Cheq is a payments and ordering platform for sports, entertainment, and hospitality venues.  With the acquisition, Malvern, Pa.-based Cantaloupe can enter what has become in recent years …

Digital Transactions celebrates its 20th birthday with a review of the 10 major themes that continue to preoccupy the industry. When publishers start a magazine, whether in print or online—or both—there’s simply no way to tell how long it will last. There are too many unpredictable factors. But the publishers …

Giant payment processor Fiserv Inc. wants to take on another aspect of the business with its application for a special bank charter in Georgia. The charter for a merchant-acquirer limited purpose bank, if approved, would enable Brookfield, Wis.-based Fiserv to interact with card networks directly instead of operating through a …

Mastercard Inc. is confronting a slowdown in dollar volume in its home market while it pushes into vital new markets like real-time payments and open banking, its presentation of fourth-quarter 2023 financial results indicated early Wednesday. Gross dollar volume of $727 billion in the December quarter represented a 4% rise …

KioSoft Technologies has agreed to license technology from PayRange Inc. in a deal that could exceed $62 million in value over a 10-year period. The agreement stems from a settlement of a four-year dispute in which PayRange, a provider of payments technology for the laundry and vending industries, alleged KioSoft infringed its …