Industry News

DELUXE will provide integrated merchant services to Peoples Bank, a $9.5-billion financial institution headquartered in Marietta, Ohio.

TRULIOO, a provider of individual and business verification services, has launched Trulioo credit decisioning, which combines identity, fraud, risk and credit intelligence in a single workflow. The capability layers real-time credit insights into the Trulioo global identity platform supported by signals that feed models that are designed to accelerate customer onboarding.

ECOMMPAY, a UK-based full-stack payment service provider (PSP) and multinational acquirer, has activated Apple Pay QR code functionality for all of its merchants. Users scan the QR code to finalize the payment.

NUVEI, which acquires payments in all world regions, now offers ecommerce merchants payment acceptance for transactions that originate in the Wero digital wallet from the European Payments Initiative (EPI). Consumers make Wero payments directly from their bank accounts. Transactions are processed using Single Euro Payments Area Instant Credit Transfer protocols

KLARNA will offer its BNPL option to customers who make purchases on Blackhawk Network’s Giftcards.com marketplace, which provides prepaid products from more than 350 brands.

PayTrace, provider of a B2B payment platform, has partnered with TreviPay, a payment and trade credit company. Merchants linked to PayTrace will be given access to TreviPay’s Universal Acceptance service, which offers net financing and SKU-level invoicing to commercial buyers while leveraging the Mastercard network. Sellers receive payment upfront. TreviPay handles collections and risk. Tom Lizzo is Director of Strategic Partnerships at PayTrace, tlizzo@paytrace.com, www.paytrace.com. John Jacob is Director of Strategic Business and Corporate Development at TreviPay, jacob@trevipay.com, www.trevipay.com.

EMVCO, the technical body that creates and manages EMV specifications for consumer and business card payments worldwide, is working on global specifications for payments initiated by AI agents. Considerations include how EMV 3-D Secure, EMV Tokenization and EMV Secure Remote Commerce can be developed and enhanced to promote secure card-based agentic commerce.

SLOPE, an AI-powered credit and risk infrastructure provider, is delivering instant credit decisions directly within Samsung Business checkout, offering buyers both net 60 and net 90 payment options. The B2B service offers small and midsized businesses a reusable line of credit. Authorized agents can place orders without having to set up terms on a per-order basis. Slope, which has a similar collaboration with Alibaba.com, is backed by J.P. Morgan and Samsung Electronics. Its credit products are originated by Lead Bank.

VISA INTELLIGENT COMMERCE, a suite of integrated APIs and a partner program designed to support payments by AI agents, will roll out across Asia-Pacific in 2026. There are 4.8 billion Visa credentials worldwide able to connect to AI agents to book travel and make other payments. Intelligent Commerce includes Trusted Agent Protocol, which utilizes agent-specific cryptographic signatures that enable merchants to recognize and verify AI agents. Partners include Ant International, Microsoft, LG Uplus, Perplexity, Stripe and Tencent.

CASH APP, the mobile payment service of Block, plans to offer users a Visa Debit Flex Card in 2026 issued by Sutton Bank and Bancorp Bank. The new card will feature purchase-over-time payment options from Block’s Afterpay subsidiary. Block will handle all credit underwriting and risk management on the Visa Debit Flex Card. Afterpay loans are offered and originated by First Electronic Bank.

MOJALOOP FOUNDATION, a nonprofit organization working to advance interoperable inclusive instant payment systems in unbanked territories, offers a Global Partner Program for members that provide technical, policy, research and ecosystem support. Visa has signed a memorandum of understanding to join the partner program and will integrate the Visa Protect for Account-to-Account Payments service with the Mojaloop platform. Visa Protect adds a security and risk management layer to safeguard real-time bank account payments.

KURV is the new name for Electronic Merchant Systems (EMS). The company’s proprietary payment technology platform drives secure card processing, risk management, and software solutions for over 30,000 businesses, ISO agents and ISVs nationwide, while providing 24/7/365 U.S.-based support. It is backed by private equity firm BharCap Partners.

SPREEDLY, which provides an open payment platform to companies including BMW, HBO Max and The New York Times, has expanded its service to support payments in Brazil from Pix Automático (instant payments) and NuPay (recurring and installment payments). Ebanx provides the connections to Pix and NuPay. It also provides Spreedly with access to nearly all other payment systems in Brazil including Mercado Pago and Boleto.

https://www.creditandcollectionnews.com/fico-teams-with-plaid-to-include-cash-flow-data-in-credit-scoring/

INGENICO’S PCI-compliant SoftPOS software for enabling contactless payments has been added to Janam Technologies’ handheld rugged mobile computers. The devices also handle barcode scanning.

VAULT PAYMENT SOLUTIONS, an Australian provider of a secured credit card, has received Principal Issuer status from Mastercard.

TRANSUNION offers a service that fights credit washing, which is the practice of removing legitimate, accurate and non-obsolete credit data from a profile. The company, one of the top three credit bureaus in the US, says that about 5% of US consumers have had charged-off accounts suppressed for atypical reasons and subsequently an average consumer’s credit risk is inflated by at least one credit tier. TransUnion Credit Washing Solution enables lenders to route potentially high-risk consumers to manual review.

PNC, the 7th largest US bank based on total assets, will offer its Treasury Management clients immediate payment capabilities through Visa Direct. Other immediate payment options offered by the bank include direct to debit card, real-time payments and Zelle disbursements.

BBVA GERMANY, an all-digital bank, now lets customers deposit cash into their accounts via a partnership with Paysafe. Transactions are facilitated by generating a barcode in the BBVA app. There are 12,000 Paysafe locations at supermarkets and retailers in Germany. Cardholders can get cash from their accounts at about 50,000 ATMs connected to the Mastercard network.

CUZDAN, an Azerbaijan-based fintech, has launched a payment orchestration platform in the country leveraging technology from Saudi Arabia-based PayTabs.

BOOST PAYMENT SOLUTIONS, global provider of a B2B payment platform that connects buyers and suppliers, supports Visa’s newly launched Commercial Enhanced Data Program (CEDP), which replaces the legacy Level 2 and Level 3 interchange structures with a framework based on validation of actual invoice data. Visa uses machine learning to verify if merchants are submitting actual or erroneous remittance data at the time of payment. Transactions that fail to meet CEPD standards are downgraded.

KLARNA, a provider of flexible payment options to 111 million active users worldwide and owner of a digital bank, supports Google’s Agent Payment Protocol, an open standard designed to secure agentic commerce.

ZILCH, the UK-based consumer payment platform, has integrated with open banking provider Plaid to offer consumers a pay by bank option for one-off payments. The company is also leveraging Plaid’s virtual account capabilities, which support improved settlement tracking and built-in refund functionality. Plaid maintains connections to over 12,000 financial institutions globally, including in 18 countries in Europe.

MARQETA, provider of an end-to-end payment and financial services platform, will support the Klarna Card as it rolls out across 15 countries in Europe. The card, which utilizes Visa Flexible Credential technology (VFC), provides the option of a single debit purchase or buy now, pay later. Marqeta, which is certified to operate in 40+ countries, was the first issuer processor to be certified for VFC.

WILDFIRE SYSTEMS provides white-labeled shopping rewards and loyalty programs to financial services and technology brands. Its platform delivers cash back, coupons and other benefits to consumers, while driving sales at more than 50,000 merchants in over 50 countries. Bold.org, provider of a debit card to students, is a new customer of Wildfire. Bold.org ties rewards to purchases made at top AI platforms, including ChatGPT, Gemini, Perplexity and Claude. Pathward Bank issues the Bold.org Visa debit card.