Monday , December 22, 2025

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.

Eye on Processors: Peoples Bank Expands Deluxe Services; Evertec Closes on a Brazil Fintech Stake

Peoples Bank apparently likes what Deluxe Corp. has been doing for the Marietta, Ohio-based bank because it added Deluxe’s merchant services to its roster of services. The bank placed a part of its promotional business with Minneapolis-based Deluxe in January and added checks in March. Merchant services, under the One …

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Eye on Checkout: Affirm lands Ace Hardware for BNPL; Amazon’s Buy With Prime Adds New Retailers

Just in time for the upcoming holiday shopping season, merchants are ready with new e-commerce checkout options. A hardware cooperative is adding the buy now, pay later option from Affirm for in-store use. Brands Dearfoams and Baggallini now offer Buy with Prime, the Amazon.com Inc. online checkout service. Oak Brook, …

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Eye on Processors: Worldpay’s All In on Embedded Finance; An Acquisitive Fiserv Strikes Another Deal

Embedded payments and embedded finance have taken on an almost viral adoption within the payments industry, and the latest to tweak their services is processor Worldpay Inc. with its new Embedded Finance Engine. In related news, Fiserv Inc. says it will acquire StoneCastle Cash Management in a bid to better …

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Eye on Acquiring: Adyen Enlists TSG For Merchant Consult; Valor PayTech Teams with 4LeafLabs

Payment processor Adyen will tap the expertise of analytics and consultancy firm TSG to help its merchants tailor payments applications to their needs. In related news, Valor PayTech is teaming with 4LeafLabs to create what it calls an affordable point-of-sale service for small businesses. Adyen,  a Netherlands-based processor initially known …

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A Report Says Banks Pay 2.3 Times More to Onboard Merchants Than Pay Tech Firms Do

Landing a coveted merchant account is a top goal for many banks and payment technology firms, but banks may be at a disadvantage. It can cost up to 2.3 times more, on average $496, for a financial institution to onboard a merchant for payment services, as a paytech may spend …

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Eye on AI: Seon Enlists AI To Cut Manual Review Time; Sigma360 AI-Driven Transaction Screening Debuts

Artificial-intelligence tools continue to find their way into the payments system. Two companies, Seon and Sigma360, are the latest to incorporate AI into new products. Austin, Texas-based Seon Technologies Ltd. says its new AI suite can help reduce manual review times on transactions by up to 50%. It does this by …

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Consumer Reports Issues a Fintech Playbook That Could Aid Trust

Consumer-advocacy organization Consumer Reports on Tuesday issued its “Fairness By Design Playbook” with expectations it can help fintechs build consumer trust. The new guide starts with the Consumer Reports thesis that what it calls fair design is not just beneficial to consumers, but can help organizations create sustainable financial products …

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Eye on Travel: CellPoint Digital’s Orchestration Move; Navan Readies for an IPO

Travel-payments specialist CellPoint Digital is launching a platform to tie into a new retailing model quickly being adopted by the travel industry. In related news, Navan Inc., an expense-management platform, is readying for a public stock offering. London-based CellPoint Digital says its new One Source Orchestration platform is tailored to …

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Eye on Acquiring: PAX, Payroc Target ISVs; PARTech Debuts PAR Games

Acquirer Payroc is teaming with point-of-sale technology maker PAX Technology Inc. to make it easier for independent software vendors to use services from each company. And, PAR Technology Corp. launches PAR Games, a tool to drive loyalty and personalized interactions for merchants. PAX says the new collaboration with Payroc, called …

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As Its Volume Reaches Record Highs, Zelle Launches a New SMB Feature

Zelle, the peer-to-peer payment service, appears on track for a banner year with a record 2 billion transactions processed in the first six months of 2025, a 19% increase from the 2024 first half. The dollar amount of these transactions increased more, reaching nearly $600 billion, up 23% from $481 …

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