News

April, 2025

• 22 April

  Affirm Expands Its Credit Reporting to TransUnion

  

  Buy now, pay later platform Affirm Holdings Inc. early Tuesday announced it will begin credit reporting for all its loan products to TransUnion LLC, effective May 1. TransUnion is the second of the three credit bureaus to which Affirm is reporting. In March, San Francisco-based Affirm announced it would begin …
• 22 April

  Circle’s New Payments Network Solicits Banks for Cross-Border Stablecoin Settlement

  

  The stablecoin platform Circle Internet Group Inc. late Monday unveiled a payments network aimed at linking financial institutions and digital wallets for cross-border payments. The network, which will enable real-time settlement using what Circle calls regulated stablecoins, represents a major new thrust for the 11-year-old, New York City-based company into …
• 22 April

  CU Taps Jack Henry and other Digital Transactions News briefs from 4/22/25

  

  Brightstar Credit Union will add real-time payments capabilities through processor Jack Henry & Associates Inc. under a new agreement. The capabilities will include the Federal Reserve’s FedNow service and the RTP network from The Clearing House Payments Co. RentRedi, a mobile app for rent payments and other landlord-tenant functions, introduced Chat 2.0, …
• 21 April

  CompoSecure Partners With MoneyGram for Cross Border Traffic, While Circle Announces a Cross Border Platform

  

  CompoSecure Inc., a provider of metal payment cards and security technology, is integrating its Arculus cold-storage wallet with MoneyGram Access, which allows digital-wallet users to convert cash into digital currencies. These include such media as USD Coin, a stablecoin backed by U.S. dollars and dollar-denominated assets. In addition, CompoSecure announced …
• 21 April

  With The Final OKs, the Capital One-Discover Combo Sets a May 18 Closing

  

  More than a year after Capital One Financial Corp. announced its $35-billion deal to acquire Discover Financial Services, it received the last federal regulatory approvals to move ahead and has set a May 18 closing. The last two regulatory approvals, from the Federal Reserve and the Office of the Comptroller …
• 21 April

  Fiserv’s New Fintech Hub and other Digital Transactions News briefs from 4/21/25

  

  Fiserv Inc. announced it will open later this year what it calls a strategic fintech hub in Overland Park, Kan., a suburb of Kansas City, Mo. The new location is expected to create approximately 2,000 jobs. Brightstar Credit Union will add real-time payments capabilities through processor Jack Henry & Associates Inc. under a …
• 18 April

  The CFPB’s Focus Will Narrow in the Wake of Mass Layoffs

  

  [Editor’s Note: Following Digital Transactions News publication Friday, a U.S. District Court judge temporarily halted the layoffs at the CFPB, according to the Associated Press. Judge Amy Berman Jackson has scheduled an April 28 hearing on the matter.] A dramatically reduced Consumer Financial Protection Bureau will still operate, but with …
• 18 April

  Eye on Cards: TDS Employs Card Compliant for Its Issuing Program; FNBO’s New MGM Mastercard

  

  TDS Gift Cards wants to make it easier for merchants to use its gift card program while the First National Bank of Omaha is leveraging its issuing prowess to market MGM Rewards in a new credit card. TDS, a unit of New York City-based Ziff Davis Inc., says it is …
• 18 April

  Shift4 Extends Global Blue Offer and other Digital Transactions News briefs from 4/18/25

  

  Shift4 Payments Inc. has extended until May 6 its previously announced all-cash tender offer for all outstanding shares of Global Blue Group Holding AG. The $2.5 billion deal for the Swiss company was announced in February. Shares in Global Payments Inc. tumbled nearly 17.5% Thursday to $69.46 following the news that the payments firm …
• 17 April

  Global Payments Acquires Worldpay And Sells Its Issuer Business to FIS

  

  Global Payments Inc. agreed early Thursday to purchase the big processor Worldpay LLC for $22.7 billion. GTCR, a Chicago-based private-equity firm acquired a 55% stake in Worldpay in July 2023 from FIS Inc., while parent FIS retained ownership of the remaining share. Concurrent with the announcement of the Worldpay deal, …