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June, 2025

• 18 June

  Ring, Ring—It’s Klarna Calling

  

  Add another unique service to Klarna AB’s product roster. The buy now, pay later specialist is adding mobile-phone service to its product list. A waitlist is available now, with a launch expected in coming weeks, Klarna says. The United Kingdom and Germany are expected to follow. Klarna hopes to tap …
• 10 June

  Eye on Point of Sale: PAR Engagement Debuts; Global’s Genius for Retail Released

  

  Competition at the point of sale is just as tough behind the counter as in front. Two payments companies separately are launching new products they hope will give them an edge. PAR Technology Corp. released PAR Engagement, a portfolio of products meant to help enterprise restaurants win over more customers, …
• 4 June

  Prizeout Launches Debit Rewards Program for Credit Unions

  

  Prizeout, a fintech specializing in digital gift card payouts and cashback rewards, announced CashBack + Pay late Tuesday, a cashback program for debit card holders whose cards have been issued by credit unions. CashBack+ Pay gives credit union debit card holdings instant rewards averaging 6.8% of the transaction amount, the …

May, 2025

• 16 May

  How Barry McCarthy Is Steering Deluxe Into Digital Payments

  

  At the helm of Deluxe Corp. since 2018, Barry McCarthy is seeing a payoff from the company’s shift from paper-based to electronic payments. Minneapolis-based Deluxe, which posted $2.1 billion in 2024 revenue, has seen its percentage of overall revenue attributed to its payments services, which includes merchant services and business-to-business …

April, 2025

• 21 April

  With The Final OKs, the Capital One-Discover Combo Sets a May 18 Closing

  

  More than a year after Capital One Financial Corp. announced its $35-billion deal to acquire Discover Financial Services, it received the last federal regulatory approvals to move ahead and has set a May 18 closing. The last two regulatory approvals, from the Federal Reserve and the Office of the Comptroller …
• 8 April

  Lightspeed’s Retail Forecasting Tool; Ingenico’s SoftPOS Certification

  

  With a renewed emphasis on retail merchants, Lightspeed Commerce Inc. is launching a tool to help retailers data and inventory forecasting. In related news, point-of-sale terminal maker Ingenico says its SoftPOS software development kit achieved a PCI Security Standards Council certification. Montreal-based Lightspeed announced the its four-part plan to boost …

January, 2025

• 9 January

  The CFPB Picks FDX for Oversight of U.S. Open Banking Standards

  

  The Consumer Financial Protection Bureau said Thursday U.S. open-banking standards will be developed under the aegis of Financial Data Exchange Inc., a standards-setting body. The CFPB recognized FDX as the standard-setting body under the bureau’s Personal Financial Data Rights rule. The final version of that rule was released in October, …
• 7 January

  Eye on Point of Sale: Elo’s New Display; FreedomPay’s Verifone Partnership; Blaze’s Sage Integration

  

  Point-of-sale systems makers are already putting 2025 to work, with multiple announcements from vendors. First, Elo Touch Solutions Inc. launched a 10-inch point-of-sale system for retailers and restaurateurs. The Elo Pay 10” is built on the Android operating system. In addition to contact and contactless payment acceptance, the device has …

December, 2024

• 6 December

  Bank of America Completes Paze Enablement

  

  Consumers holding Bank of America Corp. credit and debit cards now have access to the Paze online checkout following BofA’s  declaration that all of its eligible cards are now enabled for the e-commerce service. Paze is an online-checkout service developed by Early Warning Services LLC. It is designed to provide …

October, 2024

• 28 October

  Chopra Fires Back at Critics of the CFPB’s New Data-Privacy Rule

  

  Rohit Chopra, director of the Consumer Financial Protection Bureau, spent his Sunday afternoon highlighting key elements of the CFPB’s new data-privacy rule and criticizing banking organizations that have targeted the rule. The assault on the regulation includes a lawsuit filed the same day the final rule, in development for more …