The beaten-down shares of vending-machine payments provider USA Technologies Inc. jumped nearly 15% Tuesday on news that a hedge fund had taken a 12% stake in the company. In a regulatory filing, New York City-based Hudson Executive Capital LP said it believes USAT’s “shares are undervalued and are an attractive …

Allied Irish Banks p.l.c. and processor First Data Corp. formed a joint venture to acquire a 96% stake in Payzone, operator of Ireland’s largest retail payment network, for about €100 million ($112.5 million) including debt. AIB will own 75% of the joint venture and First Data 25%, according to The Irish …

Shares of USA Technologies Inc. lost half their value Thursday morning on news that the vending-machine payments provider’s auditor had resigned and that some of the company’s previous financial statements are unreliable. In a Feb. 1 letter to the audit committee of USAT’s board of directors, Chicago-based auditor RSM US …

Just 14% of U.S. smart-phone users are using mobile-payments services from smart-phone makers, such as Apple Pay from Apple Inc., according to a survey from Juniper Research, which says “the window of opportunity in the U.S. for mobile-payment providers like Apple Pay and Google Pay is closing fast.” The survey …

Vending-machine payments provider USA Technologies Inc. has announced several senior-level management changes, including the departure of its chief financial officer and the creation of a new chief operating officer position, as well plans to improve its corporate governance in the wake of an investigation into its accounting practices. The probe …

Adoption and usage rates for the mobile wallets from Apple Inc., Alphabet Inc. (Google), and Samsung Electronics Co. Ltd. have been far from stellar, but now evidence is emerging that Apple’s decision a year ago to ditch fingerprint identification on its newest smart phones in favor of facial-recognition technology could …

Adoption and usage rates for the mobile wallets from Apple Inc., Alphabet Inc. (Google), and Samsung Electronics Co. Ltd. have been far from stellar, but now evidence is emerging that Apple’s decision a year ago to ditch fingerprint identification on its newest smart phones in favor of facial-recognition technology could …

Vending machine payments provider USA Technologies Inc. reported Wednesday that The NASDAQ Stock Market LLC has accepted its plan to regain compliance with its listing rule. The company, however, still hasn’t completed an internal investigation of customer contracts that has delayed the filing of its financial reports. The NASDAQ in …

Merchant processor Elavon rolled out its self-test platform for providers of payment hardware and software developers to streamline needed certification processes from the card networks and for EMV chip card acceptance; Elavon says the platform can reduce previous four-week certification times to 24 to 48 hours and eliminate the need …

Priority Payment Systems LLC said it is making an online installment-payment service from Sezzle available to its merchants. Sezzle pays the merchant in full, upfront, and assumes all repayment risk. A little more than one week into its managed-payments program, eBay Inc. reported it is working on adding PayPal as …