John Adams

In global news this week, Societe Generale makes a fintech acquisition, Mastercard expands in Latin America, Argentina fuels crypto mining, and more.

In the hopes of making cryptocurrency payments mainstream, PDX is testing a system that converts digital coins into traditional funds quickly, while YellowHeart is doing away with conversion altogether.

Fiserv's point of sale system was operating normally on Friday, but some clients that use custom configurations were experiencing problems.

The bank has issued credit to Slope, a firm offering a form of B2B installment loan. The product is becoming more popular as small companies face mounting financial challenges.

The bank is looking to detect fraud in real time, a capability that it sees as a differentiator for merchants that want to offer installment lending.

As more tech-savvy shoppers come back to stores, the digitally focused payments company hopes to accompany those consumers by expanding its capabilities at the point of sale.

This week in global news, King Charles III to replace the late queen on coins, Revolut gets clearance on crypto from U.K. regulators, Mastercard expands digital payments in Dubai, and more.

The payment firm, which experienced a large but fleeting demand from at-home workers during the pandemic, is moving ahead with products designed for the needs of a transforming economy.

The bank will use the deal to bolster the digital services that it sells to hospitality clients.

The fintech is working with MX Technologies and other firms to help clients reduce their reliance on traditional card networks without scrimping on fraud prevention.

The accounting software provider aims to help small enterprises deal with changes to the workforce brought on by inflation, supply-chain issues and other complications.

The cloud retail firm NewStore is an early adopter of the tech giant's iPhone payment acceptance service, which some see as a step toward eliminating dedicated checkout lanes altogether.

In a tough market, the terminal maker wants to give investors a choice between faster-growing digital commerce and steady-earning ATMs.

The bank's deal to acquire Renovite adds six new digital payment products. It is the latest in a series of investments designed to close the innovation gap created by fintechs.

Despite the market fluctuations, digital assets such as stablecoins are gaining ground as a point of sale option — but there's still a lot of work to be done before the average consumer is using crypto for everyday transactions.

In global news this week, Western Union buys a digital wallet maker in Brazil, DBS in Singapore embarks on a green metaverse project, the U.K.'s Wise launches a digital cross-border payments service, and more.

The U.K. fintech has added support for online and in-person transactions, potentially fueling its international growth even though it reportedly faces scrutiny over its accounting practices.

The German vendor, which competes with firms like Block and PayPal, plans to reward shoppers who use its wallet app with SumUp merchants.

Renovite Technologies supports reconciliation and security, and is part of a series of moves the bank is making to counter the fintech incursion into payments.

VTB, one of the largest state-run financial institutions in Russia, is allowing transfers in yuan without using the SWIFT messaging system. However, building scale without access to Western markets will be a challenge.