Holiday spending in Canada over the seven-week period starting Nov. 1 rose 4.4% compared to the same period last year, according to a report from Visa Consulting & Analytics. Some 88% of the spending occurred in-store, with the remainder spent online. Payments provider Klarna AB said U.S. spending on its platform on entertainment, …

In-store and online retail sales in the U.S. market grew 3.9% from Nov. 1 through Dec. 21 compared to last year, according to Mastercard Inc.’s SpendingPulse report, which excludes automotive sales. The result, which is not adjusted for inflation, represents all payment types… …while preliminary data in a separate report from Visa Inc. indicate …

The Federal Reserve opened a 45-day public comment period on a proposal that would enable eligible financial institutions to clear and settle payments within the Fed’s payment services. Dubbed payment account, this account would be distinct from a master account, the Fed said, which is what financial institutions currently must use for …

As 2025 nears its end, the Federal Reserve’s FedNow real-time payments service now has almost 1,600 participating financial institutions, including 70% of the country’s largest banks, the Fed reported. Transactions have reached nearly 30,000 daily, according to the Fed. FedNow launched in 2023. Domain-name registrar GoDaddy Inc. launched its ANS Marketplace and new AI …

Former Shift4 Payments Inc. chief executive Jared Isaacman was approved by a U.S. Senate vote of 67-30 to take over as administrator at NASA, the top position at the U.S. space agency. President Trump renominated Isaacman for the job in November after quashing his original nomination in May. Payments platform PSQ Holdings Inc. said …

System Solutions LLC says an update to its integration with Microsoft Dynamics 365 Business Central cloud ERP software enables merchants to process automated clearing house transactions within 365 Central.  Sardine AI Corp., a risk-management firm, said it will offer real-time transaction monitoring, fraud interdiction, and other services through a partnership with …

Point-of-sale equipment maker Touch Dynamic Inc. released its Summit Kiosk, a SoftPOS self-checkout product that offers tap-to-pay and other payment acceptance options. Payments infrastructure company Koard launched Tap to Pay on iPhone for its customers, which include payment service providers, independent sales organizations, and independent software vendors. Paze, the online wallet from Early Warning …

Buy now, pay later provider Klarna AB said it now supports the Agentic Product Protocol, enabling merchants to help make their products discoverable to artificial intelligence agents. Fintech i2c Inc. said it will work with Cross River Bank and Sightline Payments on a payments ecosystem for the U.S. gaming industry. Their first product will …

The Ninth U.S. Circuit Court of Appeals required that certain elements of an order that held Apple Inc. in contempt must be modified, but upheld most of the findings as well as an earlier injunction against Apple. The case stemmed from a 2020 lawsuit filed by Epic Games against Apple to challenge …

Cleverbridge Inc., a provider of merchant-of-record services for software companies, announced it will work with processor Adyen NV in an effort to ease growth for businesses looking to sell to customers globally. Pushpay Holdings Ltd., a payments and donation platform specializing in houses of worship, said it has launched artificial-intelligence …