A Colorado bill that would eliminate sales tax as part of the interchange fee calculation has moved to Gov. Jared Polis’s desk for review following passage Wednesday in the Colorado House. It passed a state Senate vote last week. Similar in some ways to the Illinois Interchange Fee Prohibition Act, …
May, 2026
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7 May
Shift4 Shrugs off Disruption From War in the Middle East
Top executives at Shift4 Payments Inc., which in recent years has grown into an international payments processor, spent a good deal of time early Thursday reassuring Wall Street about the impact on its business from travel disruptions in the Middle East brought on by the U.S.-Iran conflict. “Our international expansion …
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6 May
Clover Remains a Bright Spot for Fiserv
One Fiserv Inc. business stood out in the processor’s first-quarter earnings. Clover, its point-of-sale system and services unit, saw a 12% increase in its gross payment volume from the same quarter in 2025. That is despite a 9% decrease in Clover’s first-quarter revenue from lower hardware and data and analytics …
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6 May
With Worldpay Onboard, Global Payments Focuses on Its Genius POS Tech
Global Payments Inc. spent most of last year launching its Genius point-of-sale platform, and now its focus is on reaping a return on that substantial investment, part of a $1-billion technology program the Atlanta-based processor embarked on earlier this year. That initiative also comes as the company focuses on integrating …
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6 May
Marqeta Volume up 33% and other Digital Transactions News briefs from 5/6/26
Card-issuing platform Marqeta Inc. reported it processed $112 billion in transaction volume in the March quarter, up 33% year-over-year, generating revenue of $166 million, a 19% rise. Net income swung to a positive $8 million from an $8-million net loss a year ago. MoneyGram will work with the crypto platform Kraken worldwide to allow …
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5 May
The AI Upload: Verifone Adapts AI for Fuel and C-Store Merchants; SoundHound AI Debuts an Agentic Platform
It’s heady days for payments and artificial intelligence applications as payments companies prepare for expected growth in AI-assisted commerce. This extends beyond online shopping with Verifone Inc.’s incorporation of AI into Commander, its point-of-sale system for fuel retailers and convenience-store operators. New York City-based Verifone says AI utilities are part …
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5 May
Under Its New CEO, PayPal Looks to ‘Deliver’ on Tech Investments
Two months into the job, PayPal Holdings Inc. president and chief executive Enrique Lores appears to harbor no illusions about the sprawling payments company’s position. “We need to make significant changes,” he said early Tuesday as he opened the company’s March-quarter earnings call. That imperative, he said, stems from several …
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5 May
Fiserv Revenue Dips Slightly and other Digital Transactions News briefs from 5/5/26
Fiserv Inc. posted revenue of $5 billion in the first quarter, a 2% decrease from $5.1 billion in the 2025 first quarter. By segment, merchant solution revenue was flat at $2.4 billion, though the operating margin for it fell to 26.4% from 34.2%. Fiserv’s financial solutions segment at $2.3 billion was …
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4 May
Eye on POS: Preferred Hotels Prefer Toast; NCR Voyix Expands at Stater Bros. Markets
Restaurant payments and management-software provider Toast Inc. announced Monday that it is now an endorsed vendor for luxury hotel group Preferred Hotels and Resorts, and NCR Voyix Corp. reported an expansion of its existing relationship with Southern California grocery chain Stater Bros. Markets. Toast said it is now a member …
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4 May
April Small Business Sales up 1.1%, Fiserv Says
Small business sales, as tracked in the Fiserv Small Business index, were up 1.1% year-over-year in April, buoyed in part by a 2.8% increase in higher average tickets, finds the latest edition of the index. Released Monday, the index found the April increase in the average ticket was the highest …
