The number of publicly reported data breaches through the first half of 2025 totaled 1,732, up 5% from the same period a year ago, according to the Identity Theft Resource Center. Despite the year-over-year increase in breaches, the number of victim notices in the first half of 2025 totaled 165.7 …

Chargebacks cost U.S. merchants more than $170 billion annually, according to Chargebacks911’s 2025 Cardholder Dispute Index. The average dollar value of a transaction disputed with a consumer’s bank over the prior 12 months was $84, a 10.5% increase from 2024. The top reason for chargebacks is unauthorized transactions on a …

Online shoppers spent a record $24.1 billion during Amazon.com Inc.’s annual Prime Day sales event, a more than 30% increase from a year ago, according to data compiled by Adobe Analytics, which tracks the epic sales event. The final sales tally for the four-day extravaganza was more than twice what …

Caesars Sportsbook is rolling out a universal digital wallet for its mobile betting app that will allow Nevada-based users to fund their wagers directly from their smart phones or tablets. Users will also be able to manage their funds and Caesars rewards through the wallet and track their activity across …

New Generation, a technology company that creates AI-native storefronts for merchants, unveiled its agentic-commerce platform early Thursday. The platform allows AI agents to securely check out from merchant Web sites. The company is working with Visa Inc. to enable payments through its platform, handle identity checks, and provide fraud protection …

QR code payments have taken a big step towards becoming not only a mainstream payment option but also one that can accelerate the adoption of real-time payments. Late last week, the technology was used to facilitate a transaction over the FedNow network using the X9 standard. The demonstration transferred funds in …

Worldpay Inc. is introducing in Canada and the United Kingdom its Worldpay for Platforms service, which allows software developers to embed payment processing in their platforms, the processor announced Tuesday. At the same time, Worldpay announced it is expanding availability of the service in Australia. Demand for embedded payments is …

Online shoppers in the United States are projected to spend a record $23.8 billion during Amazon.com’s upcoming Prime Day event, a more than 28% increase from the prior year, according to figures released early Monday by digital publishing and services provider Adobe Inc. Amazon’s Prime Day event runs July 8 …

Restaurant-technology provider Olo Inc. has entered into an agreement to be acquired by software-investment firm Thoma Bravo. Thoma Bravo has agreed to pay Olo shareholders $10.25 per share in cash, a 65% premium over Olo’s unaffected share price of $6.20 as of April 30, 2025. Thoma Bravo has placed Olo’s …

Organizations representing the payments industry are coming out in support of the federal government’s move to eliminate paper checks for disbursements. Nacha, the governing body that oversees the ACH network, The Bank Policy Institute, The Clearing House Association, and the Consumer Bankers Association, have submitted comments to the Treasury Department …