Global Payments Inc. has agreed to sell its payroll unit, Heartland Payroll Solutions, to insurance fintech Acrisure LLC for $1.1 billion. The business serves more than 50,000 clients. Castles Technology said it is working with PXP, a payments platform, to offer Android point-of-sale devices to merchants regardless of size. Some 73% of …
Read More »Transcard Partners with Thredd and other Digital Transactions News briefs from 5/27/25
Apple Inc. said it is expanding Tap to Pay on iPhone to eight additional European countries. Tap to Pay on iPhone enables merchants to accept contactless payments using an iPhone and a payments-acceptance app with no additional hardware. Payments-orchestration platform Transcard LLC announced it will work with the processor Thredd Group Ltd. to expand Transcard’s capabilities …
Read More »CIMB Bank Picks ACI for Payments Update and other Digital Transactions News briefs from 5/23/25
Payments-technology provider ACI Worldwide Inc. announced CIMB Bank, said to be the second-largest financial-services provider in Malaysia, has opted for ACI’s services to merge all of the bank’s account-to-account transactions onto a single platform. Bitget Wallet unveiled a new logo as part of an ad campaign to advertise its position as a crypto …
Read More »Curve Pay Debuts on iOS Devices in Europe and other Digital Transactions News briefs from 5/22/25
Curve has launched Curve Pay on the iOS operating system for European consumers, becoming the first payments technology to use the iPhone’s NFC interface following Apple Inc.’s agreement with the European Commission to open that interface to competing services. U.S. Bank has issued a Visa debit card cobranded with Gonzaga University and aimed at …
Read More »Fintech Breach Sources and other Digital Transactions News briefs from 5/21/25
Nearly 42% of breaches suffered by major fintech companies stem from third-party vendors, according to “Defending the Financial Supply Chain: Strengths and Vulnerabilities in Top Fintech Companies,” issued by Security Scorecard, which analyzed 250 major fintechs. The processor FIS Inc. said it will work with Letskipp Ltd., also known as Kipp, to develop …
Read More »Nuvei; BHMI Preps for IFPA July 1 and other Digital Transactions News briefs from 5/20/25
Payments-software developer BHMI said it has updated its Concourse Financial Services Suite to allow firms to comply with the Illinois Interchange Fee Prohibition Act, which is set to take effect July 1. The law prohibits interchange on state and local taxes and on tips. Galileo Financial Technologies launched Galileo Payment Method Switch, technology …
Read More »Authvia’s Sinch Relationship and other Digital Transactions News briefs from 5/19/25
Authvia, a platform for conversational commerce and payment by text, will work with Sinch, developer of cloud-based customer communications, to allow businesses to offer mobile-payments capability within messaging platforms such as SMS and WhatsApp. Shift4 Payments Inc. announced it is expanding its processing capabilities in the travel industry through an alliance …
Read More »77% Tire of Drive-Thru Wait and other Digital Transactions News briefs from 5/15/25
SoundHound AI Inc. said of the 94% of U.S. consumers who use voice assistants while driving or have voice assistants available 77% would rather place their orders using an in-car voice assistant rather than wait in a traditional drive-thru lane. The survey, conducted by research firm Big Village, included responses from …
Read More »Costco, Mattress Firm Pick Affirm and other Digital Transactions News briefs from 5/14/25
Affirm Inc. announced deals for its buy now, pay later service to be available at Mattress Firm and at Costco Wholesale. Mattress Firm says it is the largest mattress retailer in the U.S. market, with more than 2,200 locations. India-based Zoho Corp. entered the U.S. market with the launch of Zoho Payments, which supports cards …
Read More »Toast’s Restaurant Menu Monitor and other Digital Transactions News briefs from 5/13/25
Toast Inc. launched its Menu Price Monitor, which tracks U.S. restaurant pricing trends. The company claims a client base of more than 140,000 restaurant locations. LegitScript said it is launching a benchmarking program to allow e-commerce clients using its marketplace to measure risk in various categories. Payouts platform Onbe announced it has expanded its …
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