Global Payments Inc. announced a version of its Genius point-of-sale payments platform is available for colleges and universities in the U.S. and Canada, including campus dining. The U.S. Faster Payments Council will work with the Accredited Standards Committee X9 Inc., a developer of standards for the U.S. financial industry, to speed development …
Read More »Consumer Spending Rose Slightly in September as Consumers Turn Pragmatic in Purchasing, Fiserv Finds
Small businesses continued to see slow but steady month-over-month sales growth in September, according to the Fiserv Small Business Index. Month-over-month sales increased 0.1% in September from August, while transactions increased 0.3%. Average ticket sizes fell 0.2% from August. Overall, the metric for the index held steady at 148 for …
Read More »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 …
Read More »Priority Expands in Automotive Servicing, Adding Dealer Merchant Services
Priority Technology Holdings Inc. announced early Thursday it is expanding aggressively into automotive servicing with its acquisition of DMSJV LLC, also known as Dealer Merchant Services, a payments provider whose capabilities include surcharging to help dealers cover transaction costs. Terms were not announced, but Alpharetta, Ga.-based Priority said a $35-million increase …
Read More »An Digital Tip Win and other Digital Transactions News briefs from 10/2/25
Instant Financial USA Inc., a platform that digitizes payments for hourly workers, said it has been chosen by the Munson Group to launch digital tips and paycards for workers at Munson’s 33 Sonic Drive-In and Buffalo Wild Wings locations. Theatre Capital announced it has acquired AllPaid Inc., a payments platform serving …
Read More »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 »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, …
Read More »Merrick Relaunches Ollo and other Digital Transactions News briefs from 10/1/25
The credit card issuer Merrick Bank has re-launched its Ollo credit card with a refreshed design and new technology. The card was first issued in 2017 as a product for U.S. consumers facing challenges in obtaining a credit card. Valor PayTech, a 5-year-old provider of point-of-sale technology for merchants, announced it has …
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 »Nuvei’s AI Onboarding Agent and other Digital Transactions News briefs from 9/30/25
Nuvei Corp. launched its artificial intelligence-enabled Integration Agent. The tool could help merchants and Nuvei’s partners onboard within hours instead of weeks, Nuvei said. Bank of America Corp. announced its AI-based Ask Global Payments Solutions service, which the banking giant says can answer questions within seconds for its 40,000 business clients globally. …
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