Xero Ltd., an accounting and payments firm, announced it will acquire the payments platform Melio Inc. for $2.5 billion upfront, with another $500 million in payments tied to performance targets. The commerce platform NuOrder by Lightspeed launched Order Trends, a compilation of statistics aimed at informing merchants’ buying decisions. Canada-based fintech Nuvei Corp. said …
Read More »In the Wake of Fiserv’s New Stablecoin, Mastercard Trumpets Its Digital Initiatives
Stablecoins are the talk of the payments town, and some observers are questioning whether these new digital alternatives could undercut the core network businesses of Mastercard and Visa. Now, Mastercard Inc. has announced several initiatives it says will keep it in the thick of the growing stablecoin market. In a …
Read More »AI-Assisted Mobile Device Takeovers Are Becoming a Threat to Consumers
While fewer consumers reported identity crimes between April 2024 and March 2025 compared to the same time a year earlier, the number of consumers reporting multiple identity crimes increased, The Identity Theft Resource Center says. In its annual industry report, the IRTC says reports of identity crimes declined 31% to …
Read More »Lightspeed’s Expanded Saks Deal and other Digital Transactions News briefs from 6/24/25
The commerce platform NuOrder by Lightspeed said it will work with Neiman Marcus and Bergdorf Goodman as part of an expanded agreement with Saks Global. In related news, Lightspeed Commerce Inc. said it will integrate reservations software from Whoosh for golf and club clients using Lightspeed’s payments platform. Shift4 Payments Inc. said it has yet …
Read More »Fiserv Will Work With Circle to Develop Stablecoin Products
Fiserv Inc. and Circle Internet Group Inc. early Monday announced they will collaborate to build products based on stablecoins for banks and merchants in Fiserv’s client base. The announcement came at the same time Fiserv said it plans to launch its own stablecoin, FIUSD, by year’s end. Simultaneously, Fiserv said …
Read More »Payroc’s Republic Bank Boost and other Digital Transactions News briefs from 6/23/25
Payments provider Payroc said it will support payments programs for business clients of Republic Bank of Chicago. The collaboration will include smart point-of-sale technology, contactless payments, and real-time analytics. DNA Payments said it will work with retail point-of-sale technology provider MWC Partners to launch what they say will be a series of payment …
Read More »Meijer Says Its Rewards Program Has Delivered Michigan Consumers $200 Million in Savings
Michigan consumers enrolled in Meijer Inc.’s mPerks rewards program saved nearly $200 million the past year, the Grand Rapids, Mich.-based supermarket chain announced late Thursday. To encourage consumers enrolled in mPerks to shop more often this summer, Meijer is offering customers the opportunity to earn 30 points on every gallon …
Read More »As More Countries Adopt Stablecoin Laws, Usage Is Likely to Spread
With rules governing stablecoins under development in the U.S. Congress, there are now at least 14 countries and regions worldwide that have established or are considering regulations for the digital currency. The need for regulations in jurisdictions around the globe comes as stablecoins grow in awareness and usage and pose …
Read More »Uber Expands its AI Solutions and other Digital Transactions News briefs from 6/20/25
The ride-share platform Uber said it has expanded its AI Solutions business to support its gig-work model in 30 countries, with capabilities for payments and identity verification. Cryptocurrency wallet Coinbase launched Coinbase Payments for e-commerce that enables payment service providers, marketplaces and commerce infrastructure providers to offer stablecoin payment acceptance. The first user is …
Read More »Wyndham Franchisees Tap Into Elavon’s Cloud-based Technology
Elavon Inc. announced Thursday it is expanding its two-decades-old-relationship with Wyndham Hotels & Resorts by making its Cloud Payments Interface available to more than 6,000 Wyndham franchisees in the United States and Canada. The scalable, cloud-based technology supports mobile check-in, reduces overhead costs, and minimizes security issues, the Atlanta-based merchant-services …
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