PayPal Holdings Inc. early Tuesday announced it has appointed board chairman Enrique Lores president and chief executive, replacing Alex Chriss. Lores moves into his new position after more than six years as CEO at HP Inc. The company also reported December-quarter results in the face of a steep drop in …
Read More »Visa Direct Enters China and other Digital Transactions News briefs from 2/3/26
Visa Inc. announced Visa Direct, its near real-time payment service soon will offer cross-border money movement into the Chinese mainland via a partnership with UnionPay International, the Chinese card brand. The Fiserv Small Business Index, which tracks small business transaction activity across the Fiserv Inc. merchant base, declined one point to 143 …
Read More »Deluxe And Payfinia Enable Paze for ISVs
Chalk up another way for merchants and consumers to use Paze, the digital wallet from Early Warning Services LLC, as a deal between Deluxe Corp. and Payfinia seeks to make it easier for independent software vendors to incorporate Paze into their software apps. Payfinia, formed by Tyfone in 2024 to …
Read More »QuickBooks Picks Affirm and other Digital Transactions News briefs from 2/2/26
Buy now, pay later provider Affirm Holdings Inc. will be the exclusive pay-over-time provider integrated with QuickBooks Payments under an agreement announced by QuickBooks provider Intuit Inc. and Affirm. BizTrip AI, whose technology uses AI to help manage payments and other functions in corporate travel, raised $1.5 million in new funding led …
Read More »It’s CCCA Times Two As Congress Drops an Attachment Effort
Plans to attach an amended version of the Credit Card Competition Act to a cryptocurrency-infrastructure bill were shelved Thursday, effectively leaving two versions of the bill floating around Congress. The CCCA was amended late last week to include a provision that called for enforcement of the CCCA under antitrust law, …
Read More »Amex Revenue up 9% and other Digital Transactions News briefs from 1/30/26
American Express Co., reported 2025 revenue of $72.2 billion, up 9% year-over-year. Fourth-quarter revenue totaled $19 billion, up 10%. Net income came to $2.46 billion for the quarter and $10.8 billion for the year, up 13% and 7%, respectively. Revenue from discount fees was $37.4 billion for the year, a …
Read More »Deluxe Profit up 61.2% and other Digital Transactions News briefs from 1/29/26
Deluxe Corp. reported $2.13 billion in 2025 revenue, up 0.5% from $2.12 billion in 2024. Its net income, however, grew even more reaching $85.3 million in 2025, up 61.2% from $52.9 million the year prior. In the fourth quarter, Deluxe had $535.5 million in revenue, up 2.8% from $520.5 million in …
Read More »Elavon Launches a New Tool to Help Businesses Collect Payments
Elavon Live Payments is a new payments app for Microsoft 365 users that acquirer Elavon says it designed to make it easier for businesses to collect online payments. Microsoft 365 is a subscription-based productivity suite that includes Outlook, an email app. Elavon Live Payments enables users to send invoices via …
Read More »SpotOn Rings up AI and other Digital Transactions News briefs from 1/28/26
Restaurant POS provider SpotOn will work with Loman AI to allow restaurants using SpotOn to leverage AI-based phone automation to book reservations, take orders, and perform other services. Payments provider WEX has launched its WEX Fleet card with capability for EV charging added to traditional fuel payments, becoming the first fuel card issuer to combine fueling …
Read More »As Gateways Become More Vital, TSG Issues its Rankings
The value of payment gateways for merchants, independent sales organizations, and processors has only grown in recent years. Now, as the tangible benefit of a gateway migrates from operational stability to aiding better business outcomes, their importance has grown. To help payments companies navigate the gateway segment, TSG, an Omaha, …
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