Chime Financial Inc., a banking-services fintech, unveiled Chime Prime, a rewards platform for customers who use Chime as their primary checking account. Users must receive at least $3,000 each month in qualifying direct deposits to be eligible for rewards, which include 5% cash back on certain spending using the Chime …
Read More »Sift Fraud Rate Steady and other Digital Transactions News briefs from 4/2/26
Fraud-detection service Sift said its Sift Global Network saw transaction volume increase 18% in 2025, though payment fraud attempt rates held at about 3.25%, despite new fraud opportunities arising from new payment methods emerging in the market. The company credits better transaction monitoring and controls. The digital financial-services provider SoFi Technologies Inc. has launched SoFi …
Read More »Elavon And Liberis Expand Small-Business Funding to Canada
Elavon Inc., the merchant-services subsidiary of U.S. Bancorp, has expanded its relationship with embedded-finance platform provider Liberis US Inc. to offer its Quick Capital service to merchants in Canada. The expansion will enable small and medium-size businesses in Canada to access funding through Elavon’s merchant portal. The move is expected …
Read More »A Year into VAMP, Visa Issues New Dispute Resolution Tools
Visa Inc. released six new or updated dispute-resolution services, a year after acquirers became subject to the then-new Visa Acquirer Monitoring Program. Known as VAMP, the program, according to Visa, consolidated five fraud and dispute programs and reduced 38 distinct remediation processes into one program. According to Oscar Bello, Chargeback …
Read More »CARD91’s VerifyIQ Tool and other Digital Transactions News briefs from 4/1/26
A fintech startup called CARD91 launched VerifyIQ, an AI-based identity-verification tool for card issuance, account opening, and other applications. BitRail LLC, a provider of digital wallets and payment technology, said it has added new services in partnership with the processor PaymentLock Inc., including branded online checkout and pay-now buttons, a virtual terminal, …
Read More »It’s Still Card-First in the U.S.
U.S. consumers are nothing if not habit-driven. New research from Global Payments Inc. suggests that credit and debit cards accounted for 49% of all online shopping and 71% of in-store shopping in 2025, as reported in the 2026 edition of the Global Payments Report. That is virtually unchanged from 49% …
Read More »Repay To Acquire Kubra and other Digital Transactions News briefs from 3/31/26
Repay Holdings Corp. said it has agreed to pay approximately $372 million to acquire Kubra Data Transfer LTD., a provider of bill-payment technology with more than 250 clients. The payment will be financed with cash on hand and debt financing, Repay said. Payway Inc., a developer of payment software, said its …
Read More »Metro Picks nFinia and other Digital Transactions News briefs from 3/30/26
Metro Credit Union will install the nFinia Digital Banking Platform from banking and payments technology provider Tyfone Inc., citing a need for faster-payments and open-banking capabilities. Governments are finding that while they can create digital payment services getting people to use them is another story. 78% of agencies are now offering …
Read More »Square Signs Steak Escape and other Digital Transactions News briefs from 3/27/26
Block Inc.’s Square point-of-sale payments unit will provide terminals, kiosks, and kitchen-display systems and process payments for Steak Escape, a 23-location fast-food chain. Visa Inc. said it has worked with Pinwheel, a platform for in-app bill management, to launch its Enhanced Subscription Manager service, aimed at helping consumers track and manage recurring charges. …
Read More »ParTech Beefs Up Its Marketing Mojo With Its Bridg Acquisition
Retail technology provider PAR Technologies Inc. has acquired the Bridg point-of-sale marketing platform from Cardlytics Inc. ParTech expects the move will enable its quick-service restaurants and other customers to activate offers targeted at previously anonymous shoppers and identify which marketing tactics drive consumer spending. New Hartford, N.Y.-based ParTech is paying …
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