Card91, a payments-software platform based in India, announced merchant onboarding and verification technology based on artificial intelligence and aimed at banks and payment aggregators. FreedomPay’s gateway will support e-commerce and in-store payments for restaurants as part of an agreement with Deliverect, a provider of commerce technology for fast-food chains, including Taco …
Read More »Corpay’s Working Capital Move and other Digital Transactions News briefs from 7/25/25
Corporate card issuer Corpay announced it is selling off a fuel-card portfolio in a deal it says will bring in $60 million and free up $35 million in working capital, funds the company says will aid its $2.2 billion acquisition of Alpha Group International plc., a United Kingdom-based banking company. Pumpkin Insurance …
Read More »Zelle Roadshow Underway and other Digital Transactions News briefs from 7/24/25
Zelle, the peer-to-peer payments service from Early Warning Services LLC, began a multi-city financial education training roadshow with Consumer Action, a consumer protection and financial awareness organization. Payments-technology provider Alacriti said Citizens Business Bank launched real-time payments services based on Alacriti’s Orbipay Payments Hub. The services involve connections to FedNow and the …
Read More »Corpay’s Alpha Group Deal and other Digital Transactions News briefs from 7/23/25
Corpay agreed to acquire Alpha Group International plc for $2.2 billion. Alpha Group provides technology to manage cross-border foreign exchange. Fraud prevention and identity verification specialist Socure released its Dispute Abuse Score, a service designed to predict the likelihood individuals will abuse dispute processes. TD Bank’s Merchant Solutions unit agreed to use Fiserv Inc. technology, …
Read More »Eyewear Retailer Adopts Affirm and other Digital Transactions News briefs from 7/22/25
Affirm Inc. said it will offer its installment-payment services to customers of New Look Vision Group in Canada. The company operates 475 stores in Canada and the United States. Payments platform Payroc announced it has agreed to acquire LedgerPay Inc., which does business as PayiQ. With the acquisition, Payroc says it will gain …
Read More »Clover PracticePay Debuts and other Digital Transactions News briefs from 7/21/25
Fiserv Inc.’s Clover point-of-sale technology unit announced it is entering the health-care market with Clover PracticePay. Clover worked with Rectangle Health, a developer of payments software for the health-care industry, on the launch. Mastercard Inc. and American Airlines said they have agreed to extend a longstanding agreement under which Mastercard supports a cobranded …
Read More »American Express’s Rise in Billed Business and other Digital Transactions News briefs from 7/18/25
American Express Co. reported a 7% year-over-year rise in billed business in its June quarter, to $416.3 billion, while revenue increased 9% to a record $17.9 billion. But net income sank 4% to $2.89 billion. For the year’s first half, billed business rose 6% to $803.7 billion. Net income was static …
Read More »Global Renews Banamex Deal and other Digital Transactions News briefs from 7/17/25
Global Payments Inc. announced a renewal and expansion of an agreement with Banco Nacional de Mexico S.A. to offer acquiring and banking services in Mexico. CareVet LLC, operator of more than 200 veterinary practices across the country, announced it has agreed to integrate payments processing from Scratch Financial Inc., a fintech …
Read More »AmEx Updates Card Benefits and other Digital Transactions News briefs from 7/16/25
American Express Co. said it is making more than $2,000 in statement credits available to holders of AmEx’s Business Platinum card. The move is part of an update to the company’s U.S. Consumer and Business Platinum cards, said by AmEx to be “the largest investment ever in a card refresh.”In related …
Read More »Adyen’s Next POS Terminal Client and other Digital Transactions News briefs from 7/15/25
Payments processor Adyen said it will provide its SFO1 point-of-sale terminal to Joe & The Juice, a juice bar and coffee merchant. Payments provider Valor PayTech announced an integration with retailcloud, which makes cloud-based retail software, that will ease the hardware and software setup for retailers. Euna Solutions launched PayCenter, an online payment portal for …
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