Payments provider Payroc said it will support payments programs for business clients of Republic Bank of Chicago. The collaboration will include smart point-of-sale technology, contactless payments, and real-time analytics. DNA Payments said it will work with retail point-of-sale technology provider MWC Partners to launch what they say will be a series of payment …
Read More »Uber Expands its AI Solutions and other Digital Transactions News briefs from 6/20/25
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 …
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