Digital Transactions Authoritative, insightful and timely information for payments professionals
Revenue for all firms offering open-banking technology will grow at a compound annual growth rate of 16% to $11.7 billion by 2028, up from $5.5 billion in 2023, according to a report from management consulting firm MarketsandMarkets, which singles out Plaid, Envestnet, Finicity, and MX Technologies as primary U.S. developers of the …
August, 2025
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19 August
Nuvei’s Zuora Deal and other Digital Transactions News briefs from 8/19/25
The processor Nuvei Corp. announced an integration with Zuora Inc., a technology developer for subscription businesses, to provide payments technology for Zuora clients. The subscription market globally is forecast to reach $996 billion in volume by 2028, compared to $593 billion last year, according to Juniper Research data cited by Nuvei and …
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11 August
Western Union To Acquire Money-Transfer Rival Intermex for $500 Million
In a move to bolster its leading position in an increasingly difficult money-transfer market, The Western Union Co. announced Sunday it has a deal to acquire International Money Express Inc. for $500 million in cash. Better known as Intermex, Miami-based International Money Express has built a retail network of 100,000 …
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7 August
Eye on Acquisitions: Deluxe Snaps up CheckMatch; Marqeta Closes on TransactPay
Deluxe Corp. is expanding its digital lockbox capabilities with the acquisition of CheckMatch, formerly part of a J.P. Morgan business unit. Meanwhile, Marqeta Inc. completed its purchase of TransactPay, a BIN-sponsorship provider. Minneapolis-based Deluxe says the addition of CheckMatch, which had been part of Kinexys by J.P. Morgan, the bank’s …
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6 August
Global Payments Touts Its Genius POS Platform And Welcomes Worldpay
Global Payments Inc. is focusing on its new Genius point-of-sale initiative as it prepares to welcome the big merchant processor Worldpay into its fold, the Atlanta-based company’s top executives said early Wednesday. Global launched Genius for restaurants in May, with Genius for retail following last month. Now, the revamped POS …
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5 August
Shift4 Looks to Its Global Blue Deal for More Expansion
Shift4 Payments Inc.’s top brass early Tuesday celebrated the long-awaited July 3 closing on its $2.5 billion deal to acquire Global Blue, a Switzerland -based international platform providing transaction services to high-end merchants. The deal clinches a major position internationally for the acquisitive processor, executives said on a call with …
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5 August
EMS’s Latest Acquisition and other Digital Transactions News briefs from 8/5/25
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 …
July, 2025
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24 July
Zelle Roadshow Underway and other Digital Transactions News briefs from 7/24/25
Zelle, the peer-to-peer payments service from Early Warning Services LLC, began a multi-city financial education training roadshow with Consumer Action, a consumer protection and financial awareness organization. Payments-technology provider Alacriti said Citizens Business Bank launched real-time payments services based on Alacriti’s Orbipay Payments Hub. The services involve connections to FedNow and the …
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23 July
Corpay’s Alpha Group Deal and other Digital Transactions News briefs from 7/23/25
Corpay agreed to acquire Alpha Group International plc for $2.2 billion. Alpha Group provides technology to manage cross-border foreign exchange. Fraud prevention and identity verification specialist Socure released its Dispute Abuse Score, a service designed to predict the likelihood individuals will abuse dispute processes. TD Bank’s Merchant Solutions unit agreed to use Fiserv Inc. technology, …
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10 July
Paze Lines Up Payfinia to Expand Its Digital Wallet to Credit Unions
Paze, the digital wallet from Early Warning Services LLC, says it is working with Payfinia, a unit of banking-services provider Tyfone Inc., to expand its reach. Payfinia, formed by Tyfone in 2024 to provide real-time payments technology, has helped line up Star One Credit Union, a Sunnyvale, Calif.-based financial institution, …
