Chip cards for recipients of the Supplemental Nutrition Assistance Program may be on the horizon because the Food and Nutrition Administration of the U.S. Dept. of Agriculture has issued a proposed rule that all states adopt the technology as one way to count fraud. Currently, just eight states issue chip …

PayPal Holdings Inc. reported a 2% rise year-over-year in third-quarter net revenue, to $8.58 billion, on a 6% increase in total payment volume, to $487.1 billion. Payment transactions rose 7% to 6.796 billion, while active accounts, at 440 million, were virtually flat, rising 0.6%. GAAP net income fell 14%, to $1.07 …

Chargebacks911 launched an AI agent to help merchants protect qualifying purchases made through AI agents without replacing their existing fraud prevention tech or restructuring their payments systems. The new service also provided indemnification against qualifying chargebacks associated with these purchases. Investment firm Francisco Partners completed its $650 million acquisition of …

Payments provider Viewpost has agreed to work with Birchstreet, a provider of hospitality-industry technology, to include AI-enabled embedded payments for hospitality customers. Oak View Group, operator of a network of live-entertainment venues, will offer its employees earned-wage access service through Payactiv throughout Oak View’s U.S. operations, involving more than 40 …

In the “In Other News” section of Wednesday’s issue of Digital Transactions News, Boost Payment Solutions was misidentified as Boost Payments. Digital Transactions regrets the error. Fresha, a booking and payments platform for beauty and wellness businesses, said its Fresha Capital offering for shops has lent more than $20 million …

Data-encryption platform Evervault launched Browser Tokens, a service for agentic-commerce developers to allow AI agents to conduct transactions without exposing payment cards, passwords, or other sensitive personal information to the agent or browser provider. Loyalty and customer marketing platform Wildfire Systems released its “Agentic Commerce’s Wallet Problem” report that found just 5% …

PAX Technology Inc. said it will work with engineering firm Omni Integration Inc. to launch PAX Edge, payment software designed to work with a range of gateway and backend environments, though not tied to a single processor. Cognizant announced it has a five-year agreement to install artificial intelligence technology for point-of-sale terminal …

KORT Payments said it will acquire AptPay Inc. to aid its expansion across North America. Terms of the deal were not disclosed. Both companies are based in Canada. Third-quarter spending on debit cards tracked in the Q3 2026 SoFi Tech Solutions Debit Spend Index increased 7.4% and transactions increased 5.9% …

CDE Solutions, a provider of retail point-of-sale technology, said it has worked with Bodega AI to develop an AI-based point-of-sale platform for independent retailers. Self Labs has launched Agent Vault, a payment and log-in layer requiring AI agents to sign in to make purchases on behalf of human shoppers without seeing …

Accertify Inc. released a post outlining the distinction between agentic shopping and agentic checkout, concluding that agentic checkout, when an AI completes a purchase on its own, is less than 1% of transactions measured in basis points per Accertify data. Independent sales organization Deposyt expanded its partner program to three …