The Federal Reserve Board released a paper Thursday afternoon on the question of a central bank digital currency for the United States, and even though the Fed would play a crucial role in any such venture, observers looking for hints on how the central bank is leaning on the issue …

Real-time payments have proven value for many payment needs. Now, experts are looking at mining the potential for real time at the point of sale. The technology to enable real-time payments at the point of sale is available today. But many questions remain: Are consumers ready? Are merchants ready? Is …

As real-time payments cements itself as a payments fixture, bank processors are enthusiastically signing new clients to provide the speedy payment service. Financial-institution processor Jack Henry & Associates Inc., in particular, has been enrolling merchants at a rapid pace in The Clearing House Payment Co. LLC’s Real Time Payments network. …

Parking-payments app provider ParkMobile LLC announced it has added more than 100 new markets, including cities and universities, through its integration with Google Maps and Google Pay. The two companies announced the integration a year ago.KeyBank National Association said it has acquired XUP Payments, a digital payments platform focused on business-to-business transactions. Terms …

Presto, a provider of payment tablets for the restaurant industry, said it will go public through a merger with Ventoux CCM Acquisition Corp., a special purpose acquisition company. The deal values the combined company at an estimated $1 billion. Presto, whose clients include major brands like Applebee’s and Outback Steakhouse, …

Apple Inc. filed an objection to a September U.S. District Court ruling that it says hinders the computing giant’s ability to restrict developers on its App Store to Apple’s own payment system. The ruling upheld Apple’s requirement that developers use its payment system within the App Store but said Apple must allow references to …

Nium Pte. Ltd., a fintech specializing in payments and card issuance for businesses, launched what it calls crypto-as-a-service technology and extended its banking-as-a-service platform to the U.S. market. The former technology supports banks that want to add services supporting cryptocurrency investment.In related news, ACI Worldwide Inc. announced its ACI Secure Commerce unit will offer …

The demands of modern business have virtually dictated that companies not only should, but must, use digital payments. With the onset of the Covid-19 pandemic, business operations were forced to shift online practically overnight. Work-from-home became the new normal, which created contactless environments for communication and workflows. Payments quickly followed …

MX Technologies Inc. continues to grow its ecosystem of open-banking partners, announcing Monday it is partnering with Pinwheel, provider of an application programming interface for payroll applications. The deal will provide financial-technology service providers with expanded coverage of income verification and improved underwriting models for better lending decisions, which in …

Faster-payments providers have long identified insurance-claims payouts as a ripe market, and the business took big step in that direction with the announcement early Monday that the insurance carrier Amerisure has begun implementing ClaimsPay, a digital-payments platform from the 9-year-old fintech One Inc. The four-stage implementation is expected to replace …