The first fruits of GoDaddy Inc.’s acquisition six months ago of payments-technology provider Poynt Inc. emerged Tuesday with the announcement of GoDaddy Payments, a service aimed at unifying payments capabilities for GoDaddy’s base of e-commerce clients. To start with, GoDaddy Payments will focus on e-commerce transactions for clients using GoDaddy Websites …

Widespread theft of online data is driving businesses to seek out alternatives to passwords and usernames for sensitive information, a demand that led point-of-sale device provider MagTek Inc. to develop technology that helps lock up data while taking the company into a new and broader market, which includes medical data, …

Bank of America Corp.’s decision to introduce fast payouts to consumer accounts globally brings a major financial institution into a market that is attracting increasing interest from an array of payments providers. Pressure for such services has grown more intense with the growth of the gig economy and recent needs …

With e-commerce sales booming, payments players are looking for combinations that can keep online customers engaged and add even more buyers to their ranks.  An example emerged Thursday morning as Shopify Inc. and Affirm Inc. announced Affirm’s buy now, pay later service is now available to “hundreds of thousands” of U.S. …

One way to boost mobile-wallet usage for functions like payments is to more tightly integrate the apps into users’ daily lives. Apple Inc. followed that script with its preview on Monday of an update for watchOS8, the brains behind its Apple Watch.  This fall, the refresh will allow users to …

Pundits have predicted for months that cash acceptance will decline markedly as consumers rush into electronic payments. But sellers view cash as a less-expensive option for them, and some payments providers are looking to cater to that view. On Monday, VizyPay LLC said it is opening its cash-discount app to …

Less than a month after Paysafe Group Holdings Ltd. announced processing online gambling transactions will become a primary focus for the company, the strategy is quickly paying dividends as the processor has expanded its relationship with Golden Nugget Online Gaming Inc. to Michigan. The deal is an outgrowth of online-gambling …

Most payments processors that deal in digital currencies let consumers pay with Bitcoin or other cryptocurrencies and then may translate that money into dollars or other fiat money for the merchant. On Thursday, a company called Paxful Inc. announced a service that appears to do the opposite: it lets users …

With the Covid-19 pandemic prompting consumers to adopt online commerce and mobile-banking apps in droves, Fair Isaac Corp. (FICO) is betting the latest release of its FICO Falcon Fraud Manager for Retail Banking will give financial institutions a leg up on detecting push-payment fraud. The fraud occurs when a consumer …

Not quite two years old, LG Pay, the mobile payment service from LG Electronics USA, is shutting down, according to a report on Droid-Life.com. It captured a screenshot of an alert declaring the service will be phased out and discontinued “over the remainder of 2021.” In April, LG announced it was exiting …