E-commerce platform Digistore24 Inc. is adding another payment option, one that allows consumers to pay directly from their bank accounts for purchases made at merchants that use the platform. Dubbed Instant Bank Payments, the service is available for U.S. transactions and is enabled by a Stripe Inc. service, Stripe Link. …
Read More »Crypto Exchange BingX Debuts its Debit Card and other Digital Transactions News briefs from 7/10/26
BingX, a cryptocurrency exchange and AI company, launched its BingX Visa Debit Card, which allows users to spend stablecoins globally. The issuer is Wirex, a stablecoin technology developer and principal member of Visa. PayPal Holdings Inc. said its PayPal USD stablecoin is now issued natively on the Polygon, a blockchain network, through …
Read More »A Big-Bank Consortium Looks to Buy a Debit Network From Fiserv
The economics of proprietary debit networks appears to be asserting itself as a consortium of big banks is reportedly looking to acquire a debit card system from Fiserv Inc. The banking group, which includes JPMorgan Chase, Bank of America, Wells Fargo, and PNC Financial Services Group, has had “tentative discussions” …
Read More »Visa Expands the Smart Phone’s Role in Payment Acceptance
Visa Inc. has taken steps to make smart phones a more readily available way for merchants, especially micro-size ones, to digitally accept payments with updates to Visa Pay, Visa Accept, and Visa Direct. With Visa Accept, announced in April 2025, Visa makes it easier for these small sellers to get …
Read More »Fraud Costs $5.13 for Every $1 in Loss, LexisNexis Risk Solutions Finds
Merchants wrestle with fraud every day, lamenting how much is lost in each bad transaction. LexisNexis Risk Solutions, as it’s done for a number of years, has quantified the actual cost beyond the item’s value. In 2026, the total cost of every $1 in fraud is $5.13 in the United …
Read More »Jack Henry Taps Google Cloud to Help FIs and other Digital Transactions News briefs from 6/26/26
Processor Jack Henry & Associates Inc. said it will work with Google Cloud to introduce an AI-based security service for financial institutions to enable faster issue resolution and support routine operations. Elon Musk’s X social-media platform has started to roll out the X Money payment service to more users to elicit feedback and correct …
Read More »Splitting Rent Payments May Help On-Time Payment Rates: Study
Rent, the 12-times-a-year installment payment many consumers make, could benefit from splitting further into two payments a month, suggests a study released by Flexible Finance Inc., also known as Flex. New York City-based Flex commissioned the study, which was completed by San Francisco-based research firm MetroSight. Flex enables tenants to …
Read More »How Cards Are Exploiting Niche Payments Opportunities
Card programs for specialized payments often get lost in the shuffle, but a pair of developments this week indicate the market for card-driven payments remains vibrant in the age of cardless digital transactions. This is especially the case lately with respect to markets like dealerships and housing. Brex LLC, a …
Read More »PayIt Taps AI for Gov. App and other Digital Transactions News briefs from 6/17/26
PayIt, a payments provider for state and local governments, launched PayIt Smart Works, a slate of AI-enabled functions for back-office operations, including consolidation of payment, banking, and remittance data. Banking-technology provider Mercury launched Mercury Command, an AI-based platform enabling users to make payments and conduct other financial business via natural-language command. Sutton …
Read More »Paze Adds to Its Marketing Push With Statement Credits
As e-commerce volumes climb, Early Warning Services LLC has been pushing its Paze online checkout service in a national campaign that started earlier this month. The latest chapter in that effort arrived early Tuesday with the news that Paze will award a $10 statement credit to users who use the …
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