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 …
Read More »Eye on Bill Pay: Language Options Could Hinder Online Bill Pay; Utility Bills Increase Almost 5%
Americans are now paying a median $363 per month for utility bills, or $4,361 annually, a 4.63% year-over-year increase, according to the latest doxoInsights 2026 Utility Report on electronic bill payments. And as utility bills grow, some are challenged to pay them online because of the absence of a language …
Read More »As Visa Looks to New Services, It Turns in a Positive June Quarter
MoonPay’s Open Web Agentic Commerce Tool and other Digital Transactions News briefs from 7/29/26
MoonPay USA LLC launched PayBox, its payment vault for AI that enables a user’s AI agent to transact on the open internet without leaving the AI conversation they are in. Corporate payments processor Corpay Inc. announced Agent Card, a platform enabling creation of virtual cards for commerce conducted by AI agents. Cresora Commerce has …
Read More »Speculation Ends as Klarna and Apple Debut a Leasing Program
Apple Inc. and Klarna AB are launching a new lease program called Apple Upgrade for Apple devices that sees consumers apply for a Klarna account. Consumers will use the Klarna app to monitor their Apple Upgrade account. Initially rumored last week, the now verified program offers users 12- and 24-month …
Read More »
