The Western Union Co. reported June-quarter revenue of $1 billion, flat with the year-ago result. Net income of $76.7 million was down 37%. Revenue from consumer money transfers totaled $866.1 million, down 2%; for the first half of the year, consumer-transfer revenue fell 3% to $1.71 billion. Setomatic Systems, a provider …
Read More »Lightspeed’s Revenue up 5.8% and other Digital Transactions News briefs from 7/30/26
Point-of-sale platform Lightspeed Commerce Inc. narrowed its first-quarter loss to $2.4 million from $49.6 million a year prior. Lightspeed reported its fiscal first quarter earnings ended June 30 with $322.7 million in revenue, up 5.8% from $305 million a year ago. In 2025, Lightspeed embarked on a two-pronged POS-based plan to improve its performance. …
Read More »MoonPay’s Open Web Agentic Commerce Tool and other Digital Transactions News briefs from 7/29/26
MoonPay USA LLC launched PayBox, its payment vault for AI that enables a user’s AI agent to transact on the open internet without leaving the AI conversation they are in. Corporate payments processor Corpay Inc. announced Agent Card, a platform enabling creation of virtual cards for commerce conducted by AI agents. Cresora Commerce has …
Read More »Cross River Bank Powers X Money and other Digital Transactions News briefs from 7/28/26
X said it has become the first U.S. social-media platform to embed FDIC-insured, interest-bearing accounts, a Visa debit card, and other payments services. The move arises from a link between X Money and Cross River Bank. Working with equipifi, a buy now, pay later platform provider for financial institutions, MIT Federal Credit …
Read More »Flexible Finance’s Bank Option and other Digital Transactions News briefs from 7/27/26
Flexible Finance Inc. announced it has submitted applications to the Federal Deposit Insurance Corp. and the Utah Department of Financial Institutions for a charter for Flex Bank, a Utah state-chartered industrial bank. Flexible Finance is the company behind Flex Rent, which says it has processed more than $40 billion in rent payments for …
Read More »Mastercard Tweaks Virtual Card Program and other Digital Transactions News briefs from 7/24/26
Mastercard Inc. unveiled enhancements to Mastercard in Control, its platform for virtual card numbers, including advanced virtual card controls and a single connection to the payments network’s network of embedded-payments partners. Point-of-sale platform Lightspeed Commerce Inc. launched its Lightspeed with Meta Conversions API for Lightspeed Retail. The utility helps merchants understand how Meta ads …
Read More »Early Warning Lawsuit Dismissal Denied other Digital Transactions News briefs from 7/23/26
A New York state lawsuit filed against Early Warning Services LLC and its Zelle peer-to-peer platform can continue, a judge ruled this week. Filed in August, the suit alleged Zelle failed to protect users from fraud. Zelle intends to appeal, Reuters reported. Forty-five percent of U.S. households expect to use a buy now, pay …
Read More »Qu Pay Debuts and other Digital Transactions News briefs from 7/22/26
Restaurant point-of-sale system maker Qu released Qu Pay, a service that combines payment processing, guest identity, order intelligence, and capital access into a single platform. Restaurant chain Roy Rogers was among the first to adopt Qu Pay. MNEE Pay, a stablecoin payment platform found that 62% of U.S. stablecoin holders have converted …
Read More »Samsung’s Card and Wallet and other Digital Transactions News briefs from 7/21/26
Samsung Electronics America launched its Samsung Galaxy Card, a Visa card embedded directly in the Samsung Wallet and the electronics company’s first credit card product in the U.S. market. The card carries no annual fee and offers 5% cash back on Samsung purchases online or in-store. Fiserv Inc. announced it will be …
Read More »A-Comm’s Agentic Prep and other Digital Transactions News briefs from 7/20/26
A-Comm Technologies Inc. said its draft A-Comm Evidence Protocol for agentic commerce is available for public comment through Aug. 14. The protocol supports a record of evidence to establish the validity of AI-initiated consumer transactions. Software-testing platform Testlio said of all the high- to medium-severity software issues reported in its 2026 Software Quality …
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