The FIDO Alliance has launched an initiative to accelerate the adoption of verifiable digital credentials and identity wallets. The initiative will be led by the Alliance’s Digital Credentials Working Group (DCWG), EMVCo, the International Standardization Organization, The OpenID Foundation, and the Worldwide Web Consortium are also partnering on the initiative …
Read More »InFlow’s Agentic Commerce Tool Debuts and other Digital Transactions News briefs from 12/5/25
InFlow, a startup aimed at enabling payments via agentic commerce, announced its launch with technology that allows agents to complete payments as instructed without pausing for human intervention. Digital-identity platform Socure Inc. has acquired Qlarifi Ltd., a U.K.-based consumer credit database specializing in buy now, pay later activity. Terms were not disclosed. …
Read More »Klarna Challenges Rewards Card Issuers; Affirm Adds Pacsun to its Merchant Network
Seeking to provide an alternative to rewards credit cards, Klarna AB has expanded its Premium and Max membership programs in the United States. Klarna’s membership program is a monthly fee-based service that offers consumers such rewards as cashback, exclusive deals, and lifestyle rewards, as well as airport lounge access and …
Read More »RTP Tops $1.3 Trillion and other Digital Transactions News briefs from 12/4/25
The Clearing House Payments Co. LLC said its RTP instant payments network topped $1.3 trillion in total payments in 2025 through November, up 428% from 2024. TCH said RTP transactions account for 98% of all bank-to-bank instant payments. PAR Technology Corp. announced Abelardo’s Mexican Fresh, a restaurant chain with more than 50 …
Read More »Holiday Shopping Scored Record Results Over the Weekend, Adyen Reports
Perhaps the executives at major payments processors are the only people who like seasonal holidays more than consumers do. That became even clearer early Wednesday when Adyen NV announced record results from the Black Friday-to-Cyber Monday shopping bonanza. The Amsterdam-based processor, which measured results in the U.S. and nine other …
Read More »Fi911 Launches ResolveLab and other Digital Transactions News briefs from 12/3/25
Fi911, a provider of chargeback prevention and risk management, launched ResolveLab, a service it says is aimed at resellers and payment facilitators looking to block chargebacks and control risk. Okta Inc., a provider of identity technology, reported third-quarter revenue of $742 million, up 12% from the same time last year. …
Read More »Small Businesses Are Turning to BNPL to Avoid Paying Credit Card Surcharges, J.D. Power Finds
While credit cards are the most common way small businesses pay for a purchase, a growing number are embracing buy now, pay later loans as a payment option. At the same time, many small businesses are opting not to pay by card in order to avoid a surcharge, finds J.D. …
Read More »Eye on Hospitality: Shift4 Lines up Liberty Sports Group; SpotOn’s POS System at Adalina Prime
Sports-and-entertainment consultancy Liberty Sports Group says it will work with Shift4 Payments Inc., enabling the point-of-sale and payments specialist to be its exclusive technology partner. In related news, SpotOn Transact LLC says Adalina Prime, a new steakhouse from the well-known Adalina restaurant in Chicago, will use its POS technology. New …
Read More »Block Notes 10% BFCM Uptick and other Digital Transactions News briefs from 12/2/25
Black Friday through Cyber Monday shopping generated a 10% rise year-over-year for Block Inc.’s Square, Cash App, and Afterpay payments properties, to 124 million transactions, the company reported. Payments processor Nuvei Corp. announced it is expanding a partnership with Microsoft Corp. to enable its core payment processing APIs to run on Microsoft Axure and use Azure AI to …
Read More »Cyber Monday Sales Are Expected to Remain Strong After Shoppers Turned Out in Droves Over the Weekend
Consumer spending is expected to remain strong on Cyber Monday, after merchants saw robust holiday sales over Thanksgiving weekend. Shoppers in the United States are projected to spend $14.2 billion online on Cyber Monday, a 6.3% increase from a year ago, says Adobe Analytics. Spending is expected to peak at $16 …
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