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 »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 »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 »Nuvei Teams with Wex and other Digital Transactions News briefs from 1/27/26
Payments provider Nuvei Corp. said it will offer virtual card technology from WEX Inc. to its merchant base under a new agreement. Forter Inc., a developer of anti-fraud technology, said it will offer fraud prevention and identity technology to the McDonald’s Corp. for transactions conducted digitally with the hamburger chain. Mastercard Inc. announced …
Read More »Fiserv And Affirm Will Offer BNPL to Debit Card holders
Affirm Holdings Inc. early Monday widened banks’ access to its buy now, pay later loan programs for debit card holders through a deal with Fiserv Inc. The deal will enable banks on the Fiserv network to integrate Affirm’s pay-over-time solution into their debit card programs via their digital-banking and mobile-app …
Read More »Eye on Processing: Regions Bank Picks Worldpay; CU Switches to Velera
Regions Bank, with 1,250 branches, will use payment processing services from Worldpay, a unit of Global Payments Inc., for its Regions Merchant Services business. Meanwhile, credit union service organization Velera says Financial Center First Credit Union chose it for credit and debit card processing services. Birmingham, Ala.-based Regions Bank, part …
Read More »A Contractor Platform Enlists PayEngine for SoftPOS
Payments-technology provider PayEngine will enable its softPOS tap-to-pay service with ServiceTitan Inc., a software developer for contractors in the HVAC, plumbing, electrical, and other service sectors. Santa Monica-based PayEngine says this means consumers will be able to pay their contractor invoices on the ServiceTitan platform by tapping a contactless card …
Read More »The CCCA Gets New Life Thanks to a Presidential Endorsement
The proposed Credit Card Competition Act staged a comeback Tuesday with a huge boost from President Trump, who endorsed the bill on the Truth Social platform the previous day. The President’s backing breathes new life into the bill, which has been bandied about Capitol Hill for years. The last major …
Read More »Blackhawk’s EV and Grocery Cards and other Digital Transactions News briefs from 1/14/26
Payments and rewards platform Blackhawk Network said it will issue two Mastercard-branded products: the Drive Prepaid Card, aimed at EV adoption programs, test drive incentives, and other programs related to automobiles; and the Grocery Prepaid Card, meant for cost relief. Polygon Labs, a blockchain-based payments company, announced agreements to acquire Coinme, a …
Read More »Online Shoppers Set a New Holiday Spending Record in 2025
Online shoppers spent a record $257.8 billion from Nov. 1 through Dec. 31, a 6.8% increase from the same period in 2024, according to Adobe Analytics. Over the same period, daily e-commerce spending totaled or surpassed $4 billion on 25 days, compared to 18 in 2024. Cyber Week, the five …
Read More »