Companies

Why Do Businesses Still Use Paper Checks?

Atlanta Fed

“The 2024 Federal Reserve Payments Insight Business Study by Federal Reserve Financial Services (FRFS) found that paper checks remain a leading payment method among the nation’s small businesses. Despite the growing availability of digital alternatives, businesses with less than $10 million in annual revenue continue to rely on checks for their outgoing payments. The study […]

Tags: Federal Reserve

Companies

ACI Worldwide Enables Paze℠ for Online Checkout, Advancing Speed and Convenience for Digital Commerce

ACI Worldwide

“ACI Worldwide and Early Warning Services have announced a new partnership to enable Paze as a checkout option available to its merchants. Paze is an online checkout solution developed by Early Warning Services that is offered by leading banks and credit unions in the U.S. The convenient Paze checkout experience enables consumers to pay online […]

Tags: ACI Worldwide Early Warning

Global

Flutterwave Expands Payments Infrastructure With Acquisition of Open Banking Firm Mono

PR Newswire

“Flutterwave, Africa’s leading payments technology company, has acquired Mono, a pioneer in open banking infrastructure across the continent. The transaction deepens Flutterwave’s long-term commitment to building a connected, interoperable financial system for Africa and positions open banking as a core pillar in the evolution of alternative payment methods across the region.”

Tags: Africa

Companies

Modern Treasury and Paxos Make It Easier for Businesses to Move Money with Stablecoins

Business Wire

“Modern Treasury announced a partnership with Paxos to make it easier for businesses to start using stablecoin payments alongside their existing payment methods. Under the partnership, Modern Treasury will integrate Paxos’ industry-leading stablecoin and settlement technology into its platform. This will allow businesses to originate, reconcile, and manage stablecoin payments with the same controls, transparency, […]

Tags: Modern Treasury Paxos

Industry

Talus and Ingenico Partner to Deliver the Ingenico SoftPOS Solution to North America

Business Wire

“Talus, a leading provider of integrated payment technology, has partnered with Ingenico to bring a SoftPOS solution to the North American market. This initiative showcases a hardware-free Tap-to-Pay capability, enabling merchants to accept secure contactless payments using only an NFC-enabled mobile device.”

Companies

Intuit and Circle Partner to Unlock the Future of Money Movement with Stablecoins

Intuit Inc.

“Intuit announced it has signed a multi-year, strategic partnership with Circle Internet Group, Inc., one of the world’s leading internet financial platform companies, to accelerate next-generation financial services powered by stablecoin technology. The agreement establishes a framework for Intuit to leverage Circle’s comprehensive stablecoin infrastructure and USDC across the Intuit platform.”

Tags: Intuit

Industry

Paxos Selects Mesh To Enable Trusted Crypto Deposits

PR Newswire

“Mesh, the leading crypto payments network, announced a partnership with Paxos, the leading regulated blockchain infrastructure and tokenization platform. This integration will allow Paxos to deploy Mesh’s technology across its customer base, in order to enable seamless crypto deposits from verified sources.”

Companies

OCC Approves Paxos Application to Convert to OCC Trust; Paxos to Complete Conversion Imminently to Become a Federally Regulated Blockchain Infrastructure Provider

Paxos

“Paxos, the leading blockchain infrastructure platform for innovative institutions and enterprises, announced it has received approval to convert its New York Department of Financial Services (NYDFS) limited purpose trust charter to a national trust charter overseen by the U.S. Office of the Comptroller of the Currency (OCC).  Upon conversion, all of Paxos Trust Company’s US-based […]

Tags: Paxos

Industry

PAX Technology and Wink Transform the Point-of-Sale with Biometric-Powered Payments Identity-Driven Commerce Redefines How Consumers Authenticate and Pay

Wink

“PAX Technology, Inc., a leading global provider of secure and innovative payment terminals, announced a strategic partnership with Wink Inc, the multimodal biometric identity and payments platform.‍The partnership will combine PAX’s next-generation payment hardware with Wink’s innovative AI-driven platform, creating persona-powered commerce where a customer can pay simply by being recognized—no wallet, card, or phone required.”

Companies

PNC First Major Bank to Launch Direct Bitcoin Access for Clients, Powered by Coinbase's Crypto-as-a-Service Infrastructure

PNC Financial Services Group

“PNC Bank announced the launch of direct spot bitcoin trading capabilities for eligible clients of PNC Private Bank®, making PNC the first to market with such an offering among the major U.S. banks. Powered by Coinbase’s Crypto-as-a-Service (“CaaS”) market leading infrastructure, PNC has enabled clients to buy, hold and sell bitcoin directly through PNC’s own […]

Tags: PNC

Companies

TenPay Global and Mastercard Collaborate to Enable Fast and Secure Remittances to Weixin Pay

Mastercard

“TenPay Global, Tencent’s cross-border payment platform, and Mastercard Move, Mastercard’s money movement business, have announced a collaboration to facilitate fast, secure and transparent digital remittances directly to Weixin Pay, a leading mobile payment service within the Weixin ecosystem in China. Through Mastercard Move, eligible senders around the world will be able to send salaries and […]

Tags: Mastercard

Companies

Ant International Upgrades Antom Copilot to Advance Domain-Specific Agentic AI to Solve Global Payment Complexity

Antom

“Antom, a leading merchant payment provider under Ant International, announced major upgrades to Antom Copilot, its industry-first AI agent designed for merchant payment and operations management. Integrated into the Antom Merchant Portal, Antom Copilot now provides enhanced automation and tailored assistance based on learnings from real-world cases, to help merchants handle payment complexity more efficiently. […]

Tags: Ant International

Companies

Intuit and OpenAI Join Forces to Revolutionize Financial Intelligence, Powering Every Person, Business, and Dream with Personalized Experiences

Intuit Inc.

“Intuit Inc. announced a multi-year, strategic partnership with OpenAI to create the future of Financial Intelligence by bringing together leading platforms to drive the next era of growth with Intuit-powered apps in ChatGPT. ChatGPT users will be able to take trusted, secure, and accurate financial actions through these apps, which can be directly accessed within […]

Tags: Intuit

Companies

Ant International Deepens Participation in Project Ensemble as New Architecture Community Member

Business Wire

“Ant International announced it has joined Project Ensemble’s Architecture Community to support the design and advancement of Hong Kong’s tokenisation ecosystem. As a Community member, it will be more involved in defining industry standards and supporting the development of Hong Kong’s tokenisation market, together with the Hong Kong Monetary Authority (HKMA) and leading peers.”

Tags: Ant International

Companies

Ant International’s Antom Launches AI‑Powered MSME App for Finance and Business Operations

Business Wire

“Antom, a leading provider of merchant payment and digitisation services under Ant International, today announced EPOS360, an app that brings point-of-sale (POS) system, payments, banking, lending, and growth support together to help micro, small and medium-sized enterprises (MSMEs) move from setup to scale efficiently.”

Tags: Ant International