U.S. small businesses registered a mixed performance in August, with dollar volume climbing but transactions dropping for the tenth straight month, according to the August Small Business Index released early Thursday by the payments processor Fiserv Inc. It all added up to a Small Business Index reading of 145, flat …
Read More »Eye on Block: Cash App Score Gains Visibility; Bakery Consolidates Under Square
Block Inc. will make its proprietary Cash App Score available to external lenders for the first time, while its Square acquiring unit lines up another retailer for its suite of point-of-sale services and hardware. A scoring model once only used internally by Block for its set of lending products now …
Read More »ACI To Acquire Cranium and other Digital Transactions News briefs from 9/1/26
ACI Worldwide Inc. announced an agreement to acquire Cranium Ventures, a developer of technology for switching card-based transactions. Cranium will become part of ACI’s Connetic for Cards payments-orchestration unit, launched in March. ACI says its various units process more than 300 billion card transactions per year. Terms of the deal, which …
Read More »PayPal Pursuit Ends and other Digital Transactions News briefs from 8/28/26
PayPal Holdings Inc.’s shares fell early Friday following news reports late Thursday that Stripe and Advent have abandoned their pursuit of the payments giant. PayPal’s board reportedly spurned the Stripe/Advent offer of $53 billion, or $60.50 per share, as too low. PayPal’s shares were trading at $61.47 at the market’s close Thursday. Some 47% …
Read More »Block’s Neighborhoods Lands 30,000 More Sellers
Neighborhoods, a service launched by Block Inc. in October to connect its sellers with its Cash App users, has added 30,000 sellers since the end of June. Block, and its Square acquiring unit, intended for Neighborhoods to create a local commerce network for both merchants and consumers. Neighborhoods provides sellers …
Read More »Priority Payments’ Deals for IntelliPay and Tampa Bay Bucs Ticketing
Priority Technology Holdings Inc. announced within a two-day span a processor acquisition and a deal to process ticket payments for the Tampa Bay Buccaneers of the National Football League. The Alpharetta, Ga.-based processor said early Wednesday it has agreed to acquire Convenient Payments, which does business as IntelliPay, a privately …
Read More »Miracle Pay’s POS Crypto Plan and other Digital Transactions News briefs from 8/26/26
Miracle Pay, a provider of payments technology for merchants, said it will work with zerohash, a provider of cryptocurrency technology, to enable stablecoin acceptance at both physical and online merchants. At the point of sale, consumers will use crypto wallets on their phones to fund transactions. A survey of 1,000 consumers …
Read More »More Than 20 Years On, Cloud-Based POS Adoption Not Complete
New research from Coresight Research and point-of-sale provider Aptos finds that, despite more than 20 years since the first cloud-based point-of-sale system debuted, many retailers still have yet to make the move fully to such systems. In the “Retail POS Modernization: Strategic and Financial Case for Transformation” report, commissioned by …
Read More »Nayax Lays Out $350 Million to Acquire Parking Maestro IPS Group
The combination will expand Israel-based Nayax’s reach by adding the 250,000 parking spaces San Diego-based IPS controls in the U.S. and Canada, as well as in the United Kingdom and Ireland. The locations include city street spaces as well as college-campus and commercial slots. IPS manages the spaces through smart …
Read More »Accertify Gains HIPAA Compliance and other Digital Transactions News briefs from 8/25/26
Fraud-detection provider Accertify said it has gained HIPAA compliance, allowing the company to offer more services to health-care organizations. Bluefin Payment Systems LLC said it now offers point-of-sale products for card-present payments integrated with Visa Acceptance Solutions. Centerbase, a software provider to law firms, said it has integrated the electronic billing technology BillSync …
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