Lightspeed Commerce announced it has added a data-analytics capability, Lightspeed Advanced Insights, to its Lightspeed Restaurant payments service.The French payments company Worldline announced it has closed on the sale of its Terminals, Solutions & Services unit to Apollo Funds. The 2.2-billion-euro deal, which includes the Ingenico line of point of sale devices, was announced in …

More merchants have begun accepting cryptocurrency, and processors say there’s others to come. Good luck with that, say skeptics. A dozen years after the emergence of Bitcoin, widespread merchant acceptance of digital currency remains more a vision than a reality. Most merchants that do accept cryptocurrency insist on converting it …

The Fed will debut FedNow next year. It will face a highly complex—and surprisingly competitive—market for the instant transfer of value. In the near future, most people will be able to exchange money instantly anywhere, any time. A patchwork of competing and collaborating national and multinational instant-payment systems with very …

Here’s why payments providers can no longer afford to ignore or misunderstand cloud technology. Cloud is a key factor in the expected growth of the digital-payment gateway market to $416 billion by 2024. Non-bank players, from big tech to e-commerce giants to fintech startups, are leveraging the fearsome capabilities of …

While the Federal Reserve mulls the concept of a national digital dollar, private-sector actors are working toward the same end. The Digital Dollar Project at the end of August launched what it calls a Technical Sandbox Program in an effort, it said, to help advance understanding of the technical requirements …

The key to reducing merchant attrition is as simple, and as complicated, as making a good first impression. The right tech helps, too. One tactic that may help keep merchant attrition rates in check—especially when large and small businesses have even more choices for their credit and debit card processing …

Angelpaw, which provides software to track pet cremation and aquamation, launched a buy now, pay later service for these services. Interest-free installment payments are made over 60 days and the provider receive funds immediately.Payroc WorldAccess LLC said its Worldnet platform is now enabled on the PAX A920 point-of-sale device as the …

Volante Technologies, a U.S.-based payments platform, said it is providing a banking portal for ACH Colombia, a fintech based in that South American country, as part of an effort to digitize ACH Colombia’s payments infrastructure.Payments-technology company Payscout LLC said it will offer a direct link to its Paywire platform to users of …

Galileo Financial Technologies LLC said late Tuesday it is partnering with DataVisor Inc. to enhance its fraud-detection technology beyond credit cards to include such payments options as debit cards and the automated clearing house. The new technology will also include provisioning and onboarding of new accounts. The partnership comes as …

An effort backed by many of the nation’s major retailer trade groups to put a lid on credit card acceptance costs took a big step forward Monday with the introduction in the House of Representatives of the Credit Card Competition Act. The bill, launched in July in the Senate, seeks …