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Global Payments Looks to Genius And Worldpay for Big Gains
Eye on AI: Minty Makes Shopify Integration; Pie Merits AmEx Investment
As more consumers consider how artificial-intelligence services can help with the shopping experience, payments and commerce providers are preparing. Minty, an AI shopping app, is now available to merchants on the Shopify Inc. platform. And, Pie Tech Inc. has received more funding, this time from Amex Ventures, to help merchants …
Read More »Stablecoins Come to Money Transfers Via Western Union’s Stablecard
The Western Union Co. and payments-technology developer Rain have launched a digital wallet and credit card that can enable money transfers using stablecoins from a card-linked account. Called Stablecard, the product works with the stablecoin USDPT, also introduced Tuesday. Stablecard is going live in 37 markets, according to Western Union, …
Read More »Illinois Mandates Cash Acceptance and other Digital Transactions News briefs from 8/4/26
Illinois merchants accepting in-store payments will have to accept cash payments in addition to other payment methods on transactions of less than $500 beginning Jan. 1, 2028, following Governor J.B. Pritzker’s signing of House Bill 4592. Priority Commerce said it completed an integration with ticketing provider SeatGeek that provides SeatGeek clients with the …
Read More »Are Merchants Ready for the AI Shopping Shift? Maybe, Says WooCommerce
Online merchants have built their e-commerce sites for human interaction, but the expected increase in artificial-intelligence shopping agents will require a new focus on data, says an IDC report commissioned by WooCommerce. Released Monday, the report forecasts that AI use will move $500 billion in digital spending to AI agents …
Read More »Consumers Are Spending More, But There Are Fewer of Them, Fiserv Says
The U.S. small-business economy is stuck in neutral, with any improvement coming from customers buying more rather than from a boost in foot traffic, according to a key performance index calculated by the big transaction processor Fiserv Inc. The company’s Small Business Index registered at 145.3 for July, up 1.6% …
Read More »Visa To Acquire BioCatch and other Digital Transactions News briefs from 8/3/26
Visa Inc. agreed to acquire BioCatch, a fraud-detection service, for $2.4 billion in cash. The deal is expected to close by the end of March 2027. More than 350 financial institutions use BioCatch technology, according to the company. Deluxe Corp. has closed on its $625-million acquisition of Celero Commerce. With the deal, which …
Read More »Pressure Rises on Fiserv As an Activist Investor Chimes in
Pressure on Fiserv Inc. has mounted in recent weeks, and now an activist investor is calling on the big Milwaukee-based processor to divest assets that lie well beyond its two debit networks. In an open letter to Fiserv’s board on Thursday, Jana Partners Management LP urges Fiserv’s board “to take …
Read More »Western Union 2Q Revenue Flat and other Digital Transactions News briefs from 7/31/26
The Western Union Co. reported June-quarter revenue of $1 billion, flat with the year-ago result. Net income of $76.7 million was down 37%. Revenue from consumer money transfers totaled $866.1 million, down 2%; for the first half of the year, consumer-transfer revenue fell 3% to $1.71 billion. Setomatic Systems, a provider …
Read More »Another Banner Quarter for ACH Transactions
Same-day automated clearing house transactions continue to surge, reaching $1.3 trillion in value in the second quarter, says Nacha. That’s up from $980 billion in value in the year-ago quarter. That value came on 435.7 million transactions, a 29.3% increase from 337 million same-day ACH transactions in the 2025 second …
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