Friday , May 29, 2026

Kevin Woodward

Kevin's role at Digital Transactions is to write news and features stories for publication on the Web site and in the magazine. He also oversees the digital editorial aspect of the site and the Digital Transactions News daily newsletter.

Digital Debit Card Use Surged in the First Quarter, a Galileo Report Finds

Consumers turned to debit cards in increasing numbers in the first quarter, finds the inaugural Galileo Debit Spend Index. Released Thursday, the report found that consumer use of debit cards at both fast food and sit-down restaurants increased more than 18% in the quarter, a reversal of a downward trend …

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Fiserv Signs up for Experian Link’s Debit Card Ownership Checker

Experian plc, most known among consumers as a credit-reporting agency, says it is collaborating with processor Fiserv Inc. on Experian Link, a service to make it easier for merchants to verify a consumer’s identity with debit card ownership data. Announced Wednesday, the cooperative endeavor will see Fiserv’s proprietary debit card …

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Bath and Beauty Retailer Magnolia Opts for Square’s POS System

Magnolia Soap & Bath Co. will adopt the Square point-of-sale system for its 50 locations, including a module designed for franchises. Founded in 2016, Magnolia uses the franchise model to expand and has stores in 17 states. It will use Square for Retail, a service that includes branded micro-sites for …

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Eye on Crypto: Bitget Wallet Expands QR Code Payments; MoonPay Launches MoonPay Trade

As cryptocurrency for payments continues to emerge, two digital currency companies separately are broadening uses for their products. Bitget Wallet, which bills itself as an “everyday finance” app, is expanding its QR code payments to Argentina, Colombia, and Bolivia. Bitget Wallet says it will be integrated with national payment systems …

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Fraud and Scam Initiators Are Adapting, Again, Visa Says

Fraud and scam bad actors are adapting again to changes in technology and consumer behavior, but so, too, are organizations charged with preventing their misdeeds. In its “Spring 2026 Biannual Threats Report,” Visa Inc. points to four shifts in the second half of 2025 as fundamentally changing how criminals interact …

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Lightspeed Segment Revenue Rises as It Narrows Its Loss; MagTek Eases Kiosk Integration with Cutflow

Point-of-sale commerce platform Lightspeed Commerce Inc. added approximately 3,200 new locations in its fiscal fourth quarter, as it marks a year into its U.S. retail and Europe hospitality focus. Montreal-based Lightspeed, which embarked on the two-pronged POS-based plan more than a year ago, says the location total was up by …

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Square Picks up Well-Known Restaurant Chain The Hat; 33% of C-Store Operators Manage Four or More POS Terminals

Square, the point-of-sale arm of Block Inc., is adding restaurant chain The Hat to its customer list. In related news, 88% of convenience store operators and fuel retailers surveyed by Vontier Corp. report they have experienced a payment outage at least once in the prior 12 months. The Hat, with …

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Eye on Fraud: Mastercard Merchant Trust Services Debuts; Darwinium Takes on Remote Access Scams

Just as legitimate transactions are a certainty in payments, so too, are fraud and scams. That doesn’t mean payments companies and their vendors need to just accept that. Now, Mastercard Inc. says it is countering fraud and scams with a new service, Mastercard Merchant Trust Services, to help clients identify …

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1 Million Plus One: Klarna Adds EZContacts

Eyewear retailer EZContacts is the latest merchant to add Klarna AB’s buy now, pay later payment option. Klarna hopes to displace some credit card transactions, saying vision care is a plannable expense where credit cards remain the default payment option. Klarna says EZContacts customers will be able to use its …

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Eye on Acquiring: Finix Adds an Unattended POS Terminal; Deluxe Checks in at Dollar Bank

Finix Payments Inc. is leaning into the unattended payments arena with the launch of its Android-based point-of-sale terminal designed for self-service payments. In related news, Deluxe Corp. formed a merchant services partnership with Dollar Bank. San Francisco-based Finix says its new POS terminal is meant to meet demand for contactless, …

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