Circle Internet Group Inc. is working with Matera Inc., a developer of banking technology, in a move aimed at speeding adoption of stablecoins by individuals and companies, the two firms announced early Wednesday. In the collaboration, Matera will integrate its Digital Twin real-time ledger with Circle’s platform to support routine …
Read More »Friction Hobbles Toll Payments, a Study Finds, While PayRange Brings Cashless Payments to More Laundromats
Friction when attempting to pay a past-due road toll online is the leading reason consumers don’t pay overdue tolls, not an unwillingness to pay, says a report from PayNearMe Inc. Among the key findings in the report from the Santa Clara, Calif-based fintech is that 39% of drivers reported difficulty …
Read More »Sezzle Sues Shopify Over Antitrust Allegations and other Digital Transactions News briefs from 6/10/25
Buy now, pay later platform Sezzle Inc. has sued Shopify Inc., alleging federal and state antitrust violations related to actions Sezzle says “stifle competition for [BNPL] service options on Shopify’s e-commerce platform.” The action was filed in the U.S. District Court for the District of Minnesota. The Shopify platform will adopt a feature from …
Read More »Synchrony And OnePay Team Up for a Walmart Credit Card Program
OnePay, a New York City-based fintech, is partnering with Synchrony Financial to launch a credit card program for Walmart Inc. The program, which will debut in the fall, will offer a general-purpose Mastercard credit card and a private-label Walmart card. Walmart expects the deal to provide a better customer experience when …
Read More »Cross River Bank Adds Request for Payment on RTP
Plaid Inc., the open-banking technology provider, will be the first Cross River Bank client to enable a much-desired request-for-payment function for real-time payments, Cross River announced Monday. As part of The Clearing House Payments Co. LLC’s RTP network, request for payment allows businesses to send a secure request for payment, …
Read More »PayPal’s Selfbook Integration and other Digital Transactions News briefs from 6/9/25
PayPal Holdings Inc. has formed an integration with Selfbook, an AI-based booking application for hotels, allowing customers who check out with PayPal and Venmo to get access to savings on hotel rates, PayPal says. DealerLogix, a provider of scheduling and payments software for automobile service departments, said it has been certified …
Read More »‘Buy Now, Pay Never’ Debuts for Crypto, While Circle Soars on Wall Street
As cryptocurrency such as stablecoins inch toward mainstream acceptance, some platforms are starting to adapt slogans borrowed from the established world of payments. In the latest example, a new San Francisco-based company called NeverPay announced early Friday a program called Buy Now, Pay Never, which it says will let users …
Read More »Battle Lines Harden Over a Proposed CCCA Amendment to the GENIUS Act
The Teamsters Union, along with labor unions in the retail and food-service sectors, sent a letter to Congress Wednesday supporting the Durbin Marhsall Amendment to the GENIUS Act, a bill to regulate stablecoins. The endorsement is the latest salvo in the ongoing battle over the Credit Card Competition Act, which …
Read More »How Tap-to-Pay Has Evolved—And What Comes Next
Ever since the card industry launched technology that lets merchants process transactions through an off-the-shelf mobile device, companies have worked to refine the idea further. Now, consumers can look forward to making remote purchases with a tap on their phone’s screen when they see something they want, according to payments …
Read More »Isaacman Moves to Executive Chairman and other Digital Transactions News briefs from 6/5/25
Shift4 Payments Inc. named founder Jared Isaacman as its executive chairman effective Thursday. Isaacman had been nominated to lead NASA but last weekend President Trump withdrew that nomination. Taylor Lauber, who had been Shift4 president, moved to the chief executive position, Shift4 announced. Direct-to-consumer e-commerce provider ESW said its “Impact of Tariffs on …
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