E-Commerce

Online shoppers in the United States are projected to spend a record $23.8 billion during Amazon.com’s upcoming Prime Day event, a more than 28% increase from the prior year, according to figures released early Monday by digital publishing and services provider Adobe Inc. Amazon’s Prime Day event runs July 8 …

Restaurant-technology provider Olo Inc. has entered into an agreement to be acquired by software-investment firm Thoma Bravo. Thoma Bravo has agreed to pay Olo shareholders $10.25 per share in cash, a 65% premium over Olo’s unaffected share price of $6.20 as of April 30, 2025. Thoma Bravo has placed Olo’s …

Ripple’s chief executive said Wednesday the company applied to the Office of the Comptroller of the Currency for a national bank charter to support its stablecoin, RLUSD, which it introduced in December. The move, which Ripple chief executive Brad Garlinghouse announced in a post on the social-media site X, follows …

Organizations representing the payments industry are coming out in support of the federal government’s move to eliminate paper checks for disbursements. Nacha, the governing body that oversees the ACH network, The Bank Policy Institute, The Clearing House Association, and the Consumer Bankers Association, have submitted comments to the Treasury Department …

Small businesses in June felt the impact of consumer reaction to reduced inflation, with their overall sales up 4.4% from June 2024, according to the Fiserv Small Business Index for the month, released early Wednesday. While the year-over-year rebound was strong, sales from May to June this year retreated 1.4%, …

Grocery-delivery platform Instacart launched its Caper Carts at Wegmans Dewitt store in Syracuse, N.Y. The technology lets customers track spending while streamlining checkout through a network of cameras, digital scales, and location sensors. Mogo Inc. said it is investigating stablecoins to help support its payments platform, which handles more than $12 billion annually …

Adyen NV unveiled an enhanced partner program early Tuesday that it says will provide its more than 1,000 business clients the resources, support, and incentives to deliver a better user experience to Adyen merchants. The new program gives Adyen business partners better visibility into Adyen’s product roadmap and integration expectations, …

In a move that could weave cryptocurrency more deeply into the fabric of the U.S. payments industry, Circle Internet Group Inc. announced late Monday it has applied to the Office of the Comptroller of the Currency to form a national trust bank. The application, which seeks to establish what Circle …

A ruling in the United Kingdom could imperil the validity of multilateral interchange fees in the United Kingdom and Ireland assessed by Mastercard Inc. and Visa Inc. A U.K. tribunal Friday ruled the fees infringe on competition law. The Competition Appeal Tribunal ruled the fees infringe on prohibitions to restrict, …

Klarna AB said an exclusive agreement with checkout and payments provider Bolt Financial Inc. will allow Klarna to integrate its payment options with Bolt’s CheckoutOS. The move is expected to allow merchants to offer Klarna’s payment options directly at checkout. Bolt says more than 80 million consumers use its one-click checkout …