(Editor’s Note: Part I of this two-part article appeared on Friday.) How can we in the payments business best mirror our services to fit the changing needs of a growing, global consumer base? One way is to focus on the consumer throughout the entire payment process. Almost 50% of consumers …

For banks, introducing real-time bill pay is not enough. They must also spruce up the online and mobile experience. Some are starting to, but can they finally leave the biller-direct model in the dust? It’s been a long, steady retreat for banks in online bill payment. Since 2010, banks’ share …

Visa Inc. said on Thursday it is getting into the point-of-sale installment-payment business weeks after rival Mastercard Inc. announced it bought Austin, Texas-based POS credit fintech Vyze Inc. The move also comes as volumes are growing for the product, driven in part by offerings from non-banks like Affirm Inc. and …

Independent sales organization Pineapple Payments announced it acquired rival Card Champ. Both ISOs are based in Pittsburgh. Terms were not disclosed. Diebold Nixdorf Inc. released the DN Series of ATMs. Diebold said 18 financial institutions in 13 nations are testing the machines. Payment Data Systems Inc. changed its name to …

Its long-term prospects for success are unclear, but the investment and cross-border payments partnership struggling wire-transfer provider MoneyGram International Inc. announced late Monday with blockchain-services developer Ripple Labs Inc. certainly produced a short-term bang by doubling the value of MoneyGram’s beaten-down stock. As part of the deal, Ripple invested $30 …

Circle Internet Financial Ltd. will cease supporting its 5-year-old Circle Pay mobile app beginning next month in order to concentrate on its blockchain and cryptocurrency ventures. Circle Pay is a no-fee peer-to-peer payments app that enables users to send money using the recipient’s phone number or email address. The service …

Cross-border payments firm PPRO announced its acquisition of Allpago, a payment and gateway provider in Latin America. Terms were not disclosed. Payments-services provider i2c Inc. said it is working with Zero, a financial-technology company that provides banking services. Payveris LLC completed its $7 million Series D funding round led by …

Groupon announced it will provide GasBuddy, a fuel-price reporting service, with food and drink offers from local merchants via card linking. Consumers will be able to load offers directly to an eligible payment card after completing an opt-in enrollment in the GasBuddy app. POSaBIT, a fintech supplier to the legal …

There’s much more to PayPal Holdings Inc. than Venmo, but that’s where the payments industry’s spotlight has shone in recent years. Still, in spite of all the attention it gets, Venmo had always kept one thing secret: how many active users it has. Late in April, PayPal lifted the veil. …

Amazon, Apple, and Microsoft each briefly enjoyed a market capitalization greater than $1 trillion. The two dominant global payment networks, Mastercard and Visa, aspire to join this august, and for the moment, memberless club. In the near term, the networks could grow on autopilot. However, inevitably diminishing retail-payments growth in …