Monday , December 22, 2025

Peter Lucas

Jack Henry Acquires Victor Technologies; Global Payments Sheds Its Payroll Business

Jack Henry & Associates Inc. has acquired Victor Technologies Inc., a provider of embedded-payment solutions, from MVB Financial Corp. for an undisclosed sum. While terms of the deal were not disclosed, MVB says it expects to see a pre-tax gain of $33 million from the sale. The acquisition widens an …

Read More »

OpenAI And Stripe Are the Latest Fintechs to Enable Agentic Commerce

Agentic commerce got a huge boost late Monday as OpenAI, the provider of such artificial-intelligence applications as ChatGPT, launched Instant Checkout, an agentic-commerce protocol developed with Stripe Inc. The Agentic Commerce Protocol is an open standard for AI commerce that enables AI agents to complete purchases on behalf of individuals …

Read More »

Corpay Teams With Mastercard on Cross-Border Payments, While PayOS Leverages Mastercard Agent Pay

Corpay Inc., a provider of corporate payment and expense-management technology, has extended its partnership with Mastercard Inc. to enable corporations, small businesses, and financial institutions to make near real-time payments to 22 new markets across Asia, Europe, the Middle East, Africa, and Latin America. The deal builds on the two …

Read More »

Businesses Looking to Revamp Payment Strategies Will Embrace Digital Payments, an AFP Study Says

As the popularity of digital payments increases, more businesses and organizations are looking to revamp their strategies to keep up with the trend, according to the Association for Financial Professionals’ 2025 Digital Payments Survey. Among the businesses and organizations surveyed for the triennial study, 76% expect to update their payments …

Read More »

Citi Teams With Dandelion to Enable Cross Border Payments to Digital Wallets

Citigroup Inc. is partnering with Dandelion Payments Inc., a real-time, cross-border payments network, to enable near-instant, full-value cross-border payments into digital wallets globally. Dandelion will integrate Citi’s WorldLink Payment Services into its digital-wallet network to facilitate the payments. The service will initially launch in the Philippines, Indonesia, Bangladesh, and Colombia. …

Read More »

Red Lobster Is the Latest Restaurant to Add an AI Phone-Ordering System

SoundHound AI Inc., a provider of artificial intelligence-based voice technology, said Red Lobster Hospitality LLC will roll out SoundHound’s AI-powered phone-ordering system across the restaurant chain’s more than 500 locations. The system will enable SoundHound to field all incoming calls for takeout orders, provide answers to common customer questions, such …

Read More »

Finastra Launches End-to-End ACH Processing Solution

Finastra, a London-based payment software provider, has added an ACH module to its Global PAYplus end-to-end payment processing solution. The new module will provide financial institutions with an alternative to legacy ACH processing systems, which can be less efficient and have limited scalability. With the addition of an ACH module, …

Read More »

SpotOn Launches a Tip Payout App; Toast Looks to Fight Food Insecurity

SpotOn Transact LLC has launched DayCheck, an earned-tip payment app that automates employee tip payouts for restaurants. The app, which integrates with SpotOn’s Teamwork labor-management platform, automatically calculates tips earned by employees. After tips have been calculated, the information flows into Teamwork, which records the payouts in the payroll report, …

Read More »

Holiday Sales Will Slow as Tariffs And Inflation Weigh on Consumers

Two reports, one from Mastercard Inc. and another from Omnisend, an email and SMS marketing platform for e-commerce businesses, indicate that sales during the 2025 holiday season will grow at a slower rate than the previous year as consumers wrestle with higher prices due to inflation and tariffs.  The Mastercard …

Read More »

PayPal and Google Team Up on Agentic Commerce

PayPal Holdings Inc. and Google Inc. have partnered to leverage their artificial intelligence capabilities in an effort to create what they see as more personalized shopping and payment experiences across their platforms and devices for consumers and merchants.  The deal, announced late Wednesday, will bring together the two companies’ “global …

Read More »
Digital Transactions