Payments provider Electronic Merchant Systems acquired Paysley, an omnichannel payment platform. Terms were not disclosed. EMS also recently invested in Payment Nerds and Pet Payments, and acquired Peel Payments in April. Processor FIS Inc. reported June-quarter revenue of $2.6 billion, up 5% from the same period last year. The company’s banking solutions unit took in $1.8 billion, up …
Read More »How Fast Food POS Can Bring on Fast Headaches
Having fought back from the ravages of the pandemic, quick-service restaurants now represent a large and fast-growing market for providers of point-of-sale technology—but also one presenting new and vexing challenges, according to top payments executives who specialize in this industry. For fast-food or fast-casual restaurants, “building a point of sale …
Read More »Fiserv Index up 1 Point and other Digital Transactions News briefs from 8/4/25
The July report from the Fiserv Small Business Index increased to 149, up one point from June. Year-over-year sales increased 3.6% and transactions grew 3%. Consumer spending increased from June, but their foot traffic into small businesses was nearly flat, Fiserv said. NewtekOne Inc. and its banking unit, NewTek Bank N.A., launched a …
Read More »Stablecoins Prove To Be a Reliable Revenue Source for Coinbase
Revenue from its stablecoin offerings grew smartly in the second quarter for cryptocurrency platform provider Coinbase Global Inc. against a backdrop of a tough digital currency market. New York City-based Coinbase reported Thursday that it posted $332.5 million in stablecoin revenue, up 38% from $240.4 million in the year-earlier quarter. …
Read More »Visa Looks to Stablecoins and Remittances to Fuel New Growth Opportunities
With consumer spending remaining resilient, stablecoins and remittances represent future growth opportunities, Visa Inc. chief executive Ryan McInerney told equity analysts during the network’s 2025 fiscal third-quarter earnings call late Tuesday. On the stablecoin front, McInerney said Visa is supportive of the recently passed GENIUS Act, which provides a regulatory …
Read More »COMMENTARY: The Cost of Friction: Rethinking the Payment Experience
In the world of payments, it’s easy to focus on the visible costs—processing fees, transaction expenses, vendor rates. But often, the real cost hides in plain sight. It shows up when a payment fails, when a customer gives up mid-transaction, or when confusion leads to a flood of support calls. …
Read More »Darwinium Launches New Tools to Combat AI-Assisted-Fraud
Darwinium, a provider of cybersecurity software, has rolled out two new modules aimed at enhancing its digital-security and fraud-prevention platform. The modules detect criminals’ use of malicious AI agents to bypass a business’s fraud prevention defenses. The two new modules, called Beagle and Copilot, simulate malicious AI-based attacks to distinguish …
Read More »PayNearMe Shares a Lane With a Software Firm Catering to Auto Dealers and Lenders
Furthering its penetration into the transportation sector, PayNearMe Inc., a fintech that enables paying for online transactions with cash and other payment methods, on Monday said it has integrated its payments system with a business platform from Emotive Software Inc. for automobile dealers and independent lenders. The Emotive deal comes …
Read More »PayPal Launches Pay with Crypto for Cross Border Transactions
PayPal Holdings Inc. early Monday launched Pay with Crypto, a cross-border payment option that instantly converts cryptocurrencies to stablecoins or fiat currencies. The new payment option provides merchants and consumers a unified platform that connects fiat and digital payments and supports more than 100 cryptocurrencies and crypto wallets, such as …
Read More »Card 91’s AI Gambit and other Digital Transactions News briefs from 7/28/25
Card91, a payments-software platform based in India, announced merchant onboarding and verification technology based on artificial intelligence and aimed at banks and payment aggregators. FreedomPay’s gateway will support e-commerce and in-store payments for restaurants as part of an agreement with Deliverect, a provider of commerce technology for fast-food chains, including Taco …
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