FIS Inc. historically has been known for its banking technology and for its merchant processing. With its sale of the merchant processor Worldpay to Global Payments Inc., the Jacksonville, Fla-based company has been venturing into other new business opportunities, including artificial intelligence and stablecoins, its top management indicated early Wednesday. …
Read More »Global Payments Notes Updates to Its Genius POS Tech As Worldpay Looms
Global Payments Inc. early Tuesday heralded updates for its Genius point-of-sale technology as it celebrated a recent regulatory ruling that speeds up the company’s $22.7 billion deal for the processing giant Worldpay. “We now expect to close on Worldpay in the first quarter of 2026,” chief executive Cameron Bready told …
Read More »MivaPay Launches and other Digital Transactions News briefs from 11/4/25
E-commerce platform Miva Inc. launched MivaPay, developed with PayPal Holdings Inc., to make it easier for merchants to accept payments. Video-game commerce company Xsolla updated its Web Shop and Buy Button services. Payments provider Usio Inc. said it processed 16.2 million transactions in the third quarter, a record volume. Gaming payments specialist Pavilion Payments said Barton’s Club 93 …
Read More »Toast And Uber Expand Their Relationship
Restaurant point-of-sale provider Toast Inc. has further expanded its agreement with ride-sharing technology provider Uber Technologies Inc. to help restaurants in the United States and Canada better manage digital ordering, enhance the guest experience, attract new customers, and increase sales. New tools the two companies plan to create include customer …
Read More »Fiserv SMB Index Steady and other Digital Transactions News briefs from 11/3/25
The Fiserv Small Business Index remained unmoved at 148 in October from September. Both year-over-year sales and transactions were up in October, up 1.5% and 1.1%, respectively, but this was the slowest annual sales growth rate since February, Fiserv Inc. said. Consumers pulled back on their spending at restaurants and other discretionary …
Read More »Atomic Launches PayDirect and other Digital Transactions News briefs from 10/31/25
The fintech Atomic Financial announced its launch of PayDirect, a service that it says lets consumers view, manage, and pay bills directly from a bank or fintech app. Zip Co Ltd., a payments-app developer, announced it is working with Forage Technology Corp., a processor for government benefits, on a plan to waive …
Read More »After Its Disappointing Quarter, Concerns Rise Over Fiserv
A day after Fiserv Inc. released disappointing third-quarter results, stock analysts are showing little confidence in the payments company’s ability to make a course correction. In a note to investors, William Blair & Co. analyst Andrew W. Jeffrey said the financial-services firm can “no longer recommend Fiserv given what we …
Read More »PayPal And Wix on AI and other Digital Transactions News briefs from 10/30/25
PayPal Inc. has agreed to provide its artificial-intelligence technology to enable product discovery and payments for merchants using Wix.com Ltd.’s commerce platform. Payment card manufacturer CPI Card Group Inc. agreed to integrate into its prepaid card program the SafeToBuy technology from Australia-based prepaid card technology provider Karta. The technology embeds critical data in …
Read More »Worldpay And Agentic Commerce and other Digital Transactions News briefs from 10/29/25
The big processor Worldpay announced it will support the Agentic Commerce Protocol, a standard that allows artificial-intelligence agents to work with buyers and businesses to complete transactions. The processor Fiserv Inc. reported third-quarter revenue of $5.26 billion, a 1% year-on-year increase. Year-to-date revenue rose 4.6% to $15.9 billion. Net income for the quarter totaled …
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