Celero Commerce, an active buyer of other payments companies across its relatively brief time in the transaction-processing business, is itself the target of an acquisition in a $625-million deal announced early Thursday. The buyer is Deluxe Corp., which sees the acquisition bulking up its position in providing payments and data …

Card programs for specialized payments often get lost in the shuffle, but a pair of developments this week indicate the market for card-driven payments remains vibrant in the age of cardless digital transactions. This is especially the case lately with respect to markets like dealerships and housing. Brex LLC, a …

As e-commerce volumes climb, Early Warning Services LLC has been pushing its Paze online checkout service in a national campaign that started earlier this month. The latest chapter in that effort arrived early Tuesday with the news that Paze will award a $10 statement credit to users who use the …

Michael Lyons, chief executive of Fiserv Inc. since May last year, is leaving the big processor to take on the role of chief executive at Truist Financial Corp. Fiserv announced co-president Takis Georgakopoulos has succeeded Lyons as CEO and member of the board of directors, effective immediately. That appointment is expected …

Payments executives who may be hoping that a court ruling Tuesday will put an end to years of bitter wrangling over card-acceptance costs are likely to be disappointed, experts tell Digital Transactions News. “This does not end the argument. It just stifles it,” says Cliff Gray, principal at Gray Consulting …

The payments platform Klarna AB may be a leading provider of buy now, pay later lending, but it is seeing increasing opportunity in other banking services. Early Tuesday, it launched savings accounts in the U.S. market. In its announcement, the company calls the move “a natural next step” following its …

The point-of-sale technology platform Valor PayTech announced early Friday an agreement with LANDI Global to represent LANDI’s line of point-of-sale devices in the U.S. market. The move is expected to lay the foundation for what Valor PayTech calls a “deeper product collaboration.” To start, Jericho, N.Y.-based Valor PayTech says it …

Visa Inc. is setting the stage for stablecoin settlement in a partnership with Brale, whose technology enables businesses to introduce and operate digital currencies backed by fiat money. The collaboration, announced early Thursday, will allow the card network to test settlement with Brale’s SBC, a stablecoin backed by the U.S. …

Mastercard announced early Wednesday it plans to introduce settlement options including weekends, holidays, and at times during the day of the transaction. The new settlement windows will apply to both card-based fiat transactions and those involving cards linked to regulated stablecoins, the network said. The move would expand availability beyond …

NMI announced early Tuesday it has acquired Fee Navigator, a provider of analysis for acquirers looking to price services for merchants. Terms were not disclosed. Schaumburg, Ill.-based NMI says the deal brings merchant-pricing capabilities supported by AI, adding to an arsenal of services the processor offers to independent sales organizations, independent …