Bolt Financial Inc., whose app offers checkout, identity, and payments capabilities, announced it is adding embedded investing capability through a deal with Atomic, an investing-as-a-service platform. Corpay Inc. said it will sell its PayByPhone mobile parking payments platform to Lightyear Capital in a deal expected to close in the second quarter. …
Read More »COMMENTARY: Use Smarter Merchant Intelligence for Safer Cross-Border Commerce
Even amid tariffs, geopolitical tensions, and international fraud schemes, cross-border commerce continues to grow. While consumers enjoy unprecedented access to a global marketplace, the payments industry behind that experience must navigate a complex, fragmented, and fast-changing regulatory environment. Country-specific regulatory differences are especially challenging for high-risk categories such as drugs, …
Read More »PayPal Gets a New CEO As It Looks to Sharpen ‘Execution’
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 »Klarna Is the Latest Processor to Join Google’s Agentic Commerce Protocol
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 »Visa Says It’s Positioning Itself to Be a ‘Hyperscaler’ in Payments
Visa Inc. chief executive Ryan McInerney touted the card network’s ability to build and deliver innovations and scalable technologies as drivers behind the company’s strong fiscal first quarter 2026 results. Processed-transaction dollar volume grew 8% year-over-year in the quarter to nearly $4 trillion in constant dollars, with transactions up 9% …
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 »Mastercard Posts a Solid Quarter As It Readies for Agentic Commerce
Mastercard Inc. grew its fourth-quarter net revenue by double digits in the face of a market that has forced payments companies to wrestle with a slew of knotty considerations, including the potential impact of a major bill that would cap credit card rates and the dizzying effect of fast moves …
Read More »