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- Block Inc.’s Square point-of-sale unit announced offline-payments capability is now available on all Square devices in all geographies around the world. The move covers Square Stand and Square Reader for contactless and chip, in addition to Square Register and Square Terminal. Square Reader for magstripe, the original Square device, has been covered by so-called offline mode since 2014.
- Agilysys Inc., a developer of software for the hospitality industry, has launched IG Fly, a mobile ordering and payments service offered by payments provider Shift4 Payments Inc.
- Mastercard Inc. announced Scam Protect, an anti-fraud initiative based on AI tools. The card network also said it is working more closely with Verizon, NatWest, and other companies and banks to combat payments scams.
- In a survey covering data from more than 600,000 vending and gaming-machine card readers and from more than 13,000 micromarket kiosks, Cantaloupe Inc. found spending rose 23% on vending machines in 2023 from 2022, to more than $3 billion, while micromarkets accounted for more than $750 million in sales. The report represents the first time the company has surveyed micromarket kiosks, though it indicates the number of installations grew 36% last year.
- Payments-technology provider Brightwell launched Latitude, aimed at easing cross-borders payments from businesses to their customers.
- RevSpring, a specialist in health-care payments, said its IVR Advantage service now combines prescription refill requests with payment processing for pharmacies.
- Relay Payments, which serves trucking fleets, said drivers can now use Relay for payments with the Weigh My Truck app at 2,200 North American weighing stations from CAT Scale, said to be the world’s largest network of truck scales.
- Australia-based Airwallex Ltd. announced its payments-acceptance platform is now available to U.S.-based businesses. With the move, the company says it now supports payments acceptance in 35 countries.
- Card-issuing platform Marqeta said it will work with U.K.-based digital bank OakNorth to offer a commercial card to the bank’s customers.
- Cybersecurity services provider ExtraHop Networks Inc. said 22% of more than 1,100 digital security respondents in a recent survey cited ransomware as the biggest risk to their organizations.
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