Movie theater chain Cinemark Holdings Inc. announced it is encouraging consumers to use contactless payments when it reopens its locations beginning Friday.Curb, a mobile platform for taxi-ride hailing and payments, said the city of Chicago Department of Business Affairs and Consumer Protection is the first client for a new service aimed at …

Fiserv Inc. said it has begun processing all in-store payments at 2,250 ALDI Nord stores in Germany through First Data Gmbh. Fiserv acquired First Data in 2019. Discover Financial Services said it will donate $25,000 to each of 200 restaurants owned by black proprietors. Nominations are being taken between now and Oct. …

Stories too good to be true often aren’t. The curtain has at long last been pulled back on high-flying payments fintech Wirecard AG. A whopping $2.1 billion in cash on its balance sheet can’t be verified and likely never existed. Chief executive Markus Braun has resigned and was arrested. Chief …

The new regime at unattended-payments provider USA Technologies Inc. is now in place after a proxy fight that deposed the old management team and board of directors, and it’s looking for growth from underexploited opportunities and cost-cutting. “With the uncertainties of the proxy contest now behind us combined with a …

USA Technologies Inc. named Sean Feeney chief executive officer, effective May 8. Feeney most recently was CEO of DefenseStorm Inc., a provider of cloud-based cybersecurity management for financial institutions. USAT processes payments for vending-machine operators. Hudson Executive Capital, USAT’s largest shareholder, recently installed eight new directors on the company’s board after winning …

Citing the risk to their businesses from the coronavirus pandemic, securities rating agency Fitch Ratings revised its outlook to negative for seven publicly traded consumer-finance companies, including American Express Co., Discover Financial Services, and Synchrony Financial.Main Event Entertainment Inc. issued a notification indicating malware collected data from cards used on point-of-sale devices for food-and-beverage and entertainment …

The proxy fight between vending machine payments provider USA Technologies Inc.’s board of directors and top management on one side and the company’s largest shareholder, Hudson Executive Capital, on the other ended Monday with Hudson Executive the victor. Malvern, Pa.-based USAT announced an agreement with the New York City-based investment …

The Internal Revenue Service has begun sending $1,200 stimulus payments to individuals as provided for under the CARES Act. Payments are first going to about 60 million persons for whom the IRS has bank-account information, making direct deposit possible. Others will receive checks. The process is expected to take until April 20, …

E-commerce payments provider BlueSnap Inc. said it is enhancing its Payments for Marketplaces product, which allows online merchants to launch and operate global e-commerce marketplaces. New services include auto-onboarding, split payments, and cross-border payment capabilities.Square Inc. will have an investor conference call at 5:00 p.m. Eastern on Tuesday to discuss how it is …

Annual stockholder meetings usually are staid affairs involving such exciting matters as appointing a company’s auditing firm, but the upcoming meeting for vending machine payments provider USA Technologies Inc. could be a real barn burner. The months-long battle between Malvern, Pa.-based USAT’s management and board on the one side and …