The ride-share platform Uber said it has expanded its AI Solutions business to support its gig-work model in 30 countries, with capabilities for payments and identity verification. Cryptocurrency wallet Coinbase launched Coinbase Payments for e-commerce that enables payment service providers, marketplaces and commerce infrastructure providers to offer stablecoin payment acceptance. The first user is …
Read More »LendingClub’s New Debit Card and other Digital Transactions News briefs from 6/19/25
LendingClub Corp. said its LendingClub Bank unit introduced LevelUp Checking, which includes a debit card. LendingClub specializes in personal loans. LevelUp Checking users with one of these personal loans could receive up to 2% of their monthly payment in cash back when making on-time payments from the checking account. HungerRush, a …
Read More »NFC Range up 4X and other Digital Transactions News briefs from 6/17/25
The NFC Forum, a global standards body for near-field communication technology, issued Release 15, which extends the range of certified compliant NFC contactless connections up to 2 centimeters, four times greater than the current standard 0.5 centimeters. Some 97% of decision-makers in the hospitality industry said they are confident about …
Read More »Comerica Bank Adopts RTP’s OBO and other Digital Transactions News briefs from 6/16/25
Comerica Bank said it will be an early adopter of On-Behalf-Of-Payments (OBO) on The Clearing House Payments Co.’s RTP network, a real-time payments platform. OBO payments are originated by a sender acting on behalf of another person. SpotOn, a processor specializing in point-of-sale payments for restaurants, announced GoTo Place, a mobile-first …
Read More »Citizen Revises Credit Card Suite and other Digital Transactions News briefs from 6/13/25
Citizens Financial Group Inc.’s Citizens banking unit released a revised suite of credit cards, all bearing the Mastercard Inc. mark. Open banking technology provider Plaid Inc. launched Plaid Protect, what it calls a real-time fraud intelligence system that Plaid said can detect and prevent fraud beginning with a user’s first interaction with an app …
Read More »BofA’s RTP Values Take Off and other Digital Transactions News briefs from 6/11/25
In the first six weeks after The Clearing House Payments Co. LLC on Feb. 9 raised its real-time payments transaction limit from $1 million to $10 million, transactions of more than $1 million accounted for more than half the value of all real-time payments processed at Bank of America Corp., one of …
Read More »Sezzle Sues Shopify Over Antitrust Allegations and other Digital Transactions News briefs from 6/10/25
Buy now, pay later platform Sezzle Inc. has sued Shopify Inc., alleging federal and state antitrust violations related to actions Sezzle says “stifle competition for [BNPL] service options on Shopify’s e-commerce platform.” The action was filed in the U.S. District Court for the District of Minnesota. The Shopify platform will adopt a feature from …
Read More »PayPal’s Selfbook Integration and other Digital Transactions News briefs from 6/9/25
PayPal Holdings Inc. has formed an integration with Selfbook, an AI-based booking application for hotels, allowing customers who check out with PayPal and Venmo to get access to savings on hotel rates, PayPal says. DealerLogix, a provider of scheduling and payments software for automobile service departments, said it has been certified …
Read More »Fiserv Buys Rest of AIB and other Digital Transactions News briefs from 6/6/25
Fiserv Inc. said it has agreed to acquire the 49.9% share of Ireland-based AIB Merchant Services it doesn’t already own. The joint venture between the two companies dates back to 2007. CPACharge, an online payment service for accounting professionals from AffiniPay, has a new partnership with SafeSend, a service for tax …
Read More »Isaacman Moves to Executive Chairman and other Digital Transactions News briefs from 6/5/25
Shift4 Payments Inc. named founder Jared Isaacman as its executive chairman effective Thursday. Isaacman had been nominated to lead NASA but last weekend President Trump withdrew that nomination. Taylor Lauber, who had been Shift4 president, moved to the chief executive position, Shift4 announced. Direct-to-consumer e-commerce provider ESW said its “Impact of Tariffs on …
Read More »
