John Adams

The processor wants to accommodate multiple mobile wallets and real-time processing.

By extending access to easy payments and delivery to more merchants, the e-commerce giant can gain ground in the "super app" race.

Because they have mature revenue streams or can support embedded finance, payment companies may find themselves favored by investors at a time when other tech firms are tightening their belts.

TCH wants to boost adoption of its real-time payments rail without undermining the Federal Reserve's option, which is set to launch this year.

Ant Group's Alipay teams up to expand mobile wallet acceptance, CaixaBank forms a cybersecurity consortium, Santander plans buy now/pay later for businesses, and more.

As one U.S. CBDC project comes to a close, it's increasingly clear that government-backed currencies can't succeed unless they are interoperable on a global scale.

By adding the Atlanta-based Paya, the Canadian payment technology firm can expand its client base in business-to-business transactions, government agencies, utilities and health care.

By opening a recording-artist accelerator featuring virtual worlds and nonfungible tokens, the company plans to reach an industry that appeals to young consumers.

As 2023 begins with an aura of economic uncertainty, businesses will seek a competitive advantage in how they accept and initiate payments, Dwolla COO Dave Glaser contends.

The payments firm plans to combine technology from these deals to appeal to the merchants that will need more flexibility and options to fight a potential recession.