The proposed Credit Card Competition Act staged a comeback Tuesday with a huge boost from President Trump, who endorsed the bill on the Truth Social platform the previous day. The President’s backing breathes new life into the bill, which has been bandied about Capitol Hill for years. The last major …
Read More »Eye on BNPL: Affirm’s Underwriting Open Banking Reliance; Klarna Delves into P2P Payments
With more than 100 million U.S. consumers expected to choose a buy now, pay later payment option by 2027, according to eMarketer Inc., BNPL providers are preparing better underwriting and new services as the payment option is further cemented in the U.S. payments economy. Affirm Holdings Inc. says its underwriting …
Read More »Blackhawk’s EV and Grocery Cards and other Digital Transactions News briefs from 1/14/26
Payments and rewards platform Blackhawk Network said it will issue two Mastercard-branded products: the Drive Prepaid Card, aimed at EV adoption programs, test drive incentives, and other programs related to automobiles; and the Grocery Prepaid Card, meant for cost relief. Polygon Labs, a blockchain-based payments company, announced agreements to acquire Coinme, a …
Read More »Papa John’s Picks PARTech and other Digital Transactions News briefs from 1/13/26
PAR Technology Corp. will provide its PAR POS and PAR OPS technologies for ordering and restaurant management under an agreement announced by Papa John’s International Inc., operator of more than 6,000 locations globally. PAR OPS is a back-of-house management platform. Ingenico Group announced it will work with Toshiba Global Commerce Solutions to …
Read More »AI is Driving More Online Traffic, Conversions, and Revenues, Adobe Analytics Says
Artificial intelligence is playing a significantly bigger role in online shopping, according to Adobe Analytics. During the 2025 holiday shopping season, AI referrals generated a nearly seven-fold increase in online retail shopping traffic, compared to a year earlier, Adobe says. At the same time, conversion rates from AI referrals were …
Read More »Worldpay Sale Closes and other Digital Transactions News briefs from 1/12/26
The private-equity firm GTCR said the previously announced $24.25-billion sale of processor Worldpay to Global Payments Inc. has closed. As a result of the transaction, GTCR will own roughly 15% of Global Payments’ equity, the investment firm said. GTCR acquired a majority stake in Worldpay in July 2023 from the processor FIS Inc. Global …
Read More »Lightspeed Is the Latest Processor to Adopt AI as the Trend Accelerates
Lightspeed Commerce Inc. has launched Lightspeed AI, becoming the latest point-of-sale system and e-commerce platform provider to add an artificial intelligence layer to its platform. Lightspeed is integrating the app into its retail, restaurant, and NuOrder business-to-business platforms in an effort to provide merchants and business-to-business sellers with automated insights …
Read More »An ISV Deal for PointsKash and other Digital Transactions News briefs from 1/9/26
Payments and rewards platform PointsKash Inc. said it has signed a new independent software vendor (ISV) agreement with payments processor Paysafe, allowing PointsKash to integrate Paysafe’s processing capabilities into its app. NCR Voyix Corp. announced it has begun to outsource its self-checkout and point-of-sale hardware businesses to technology firm Ennoconn Corp. under a …
Read More »PayPal’s Copilot Checkout Venture and other Digital Transactions News briefs from 1/8/26
PayPal Holdings Inc. said it will support the launch of Microsoft Corp.’s Copilot Checkout capability, part of the company’s Copilot technology. PayPal will enable discovery of merchant inventory and enable branded and guest checkout and credit card payments as part of the program. Modulr Finance Ltd. announced it is launching its real-time …
Read More »Online Shoppers Set a New Holiday Spending Record in 2025
Online shoppers spent a record $257.8 billion from Nov. 1 through Dec. 31, a 6.8% increase from the same period in 2024, according to Adobe Analytics. Over the same period, daily e-commerce spending totaled or surpassed $4 billion on 25 days, compared to 18 in 2024. Cyber Week, the five …
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