News

October, 2025

• 23 October

  Merchants And Banks in the IFPA Case Tangle Over a Motion for Summary Judgement

  

  Attorneys for plaintiffs and defendants in the lawsuit challenging the Illinois Interchange Fee Prohibition Act presented oral arguments Wednesday on plaintiff’s motion for Summary Judgment in the case. Attorneys for the plaintiffs argued that the preliminary injunction against the IFPA be broadened so that all financial institutions are exempt from …
• 23 October

  Eye on BNPL: Splitit Adds Debit Cards as BNPL Funding Source; Affirm Expands Worldpay Partnership

  

  Buy now, pay later providers continue to make inroads in payments, with Splitit Payments Ltd. integrating a service to make it easier for banks to offer their customers installment plans at checkout. Meanwhile, Affirm Holdings Inc. expanded how it works with processor Worldpay LLC by integrating its BNPL service into …
• 23 October

  CardFlight’s Tap to Pay Move and other Digital Transactions News from 10/23/25

  

  CardFlight Inc. announced Tap to Pay on iPhone is now available to client merchants using Worldpay for processing. Rokt Corp., an e-commerce marketing-technology company, said PayPal Holdings Inc. has started to use its services to support advertisements that appear on “thank you” pages following peer-to-peer payments. PayNearMe Inc. said it has rolled …
• 22 October

  Finzly Launches AI Agents to Help Processors Streamline Operations

  

  Payments-technology provider Finzly announced early Wednesday its launch of technology that allows financial institutions to create AI agents to automate payment processing and operational workflows, and make informed decisions on the bank’s behalf in seconds. The launch, what Finzly calls Agentic Galaxy, comes at a time when financial institutions are …
• 22 October

  An Acquisitive Shift4 Bids for Worldline’s U.S. and Canadian Assets

  

  Shift4 Payments Inc. announced late afternoon Tuesday it is negotiating details with Worldline S.A. to acquire the big French processor’s acquiring assets in the United States and Canada. The negotiations, which Shift4 says are exclusive of other parties, would result in the big U.S. processor picking up Bambora Inc., Bambora …
• 22 October

  Restaurateur Adopts ParTech Loyalty and other Digital Transactions News from 10/22/25

  

  PAR Technology Corp., a provider of payments technology to restaurants, said Krystal Restaurants LLC has opted to use PAR’s Punchh loyalty technology to support its recently introduced Club Krystal program. Krystal operates close to 300 locations in 11 states. Payments-technology platform Yeeld said it has expanded its surcharging service to Canada for …
• 21 October

  For Ransomware, Payouts Go Up While Attacks Decline

  

  The average payout for a ransomware attack has increased despite a drop in the number of times an organization is attacked annually, a study by cybersecurity firm ExtraHop Networks Inc. finds. The average payout per attack the past year was $3.6 million, up from $2.5 million. The number of ransomware …
• 21 October

  How Flexa’s Venture With Bealls Could Be Key for Crypto

  

  Flexa Network Inc., a payments provider based on digital currencies, has agreed to support in-store cryptocurrency acceptance at Bealls Inc., operator of more than 660 stores in 22 states under Bealls and other brand names. The move, announced Monday afternoon, represents one of the largest planned deployments of in-store crypto …
• 21 October

  Wayfair Adds Affirm In-Store and other Digital Transactions News from 10/21/25

  

  Buy now, pay later specialist Affirm Holdings Inc. expanded its partnership with retailer Wayfair Inc. to include in-store transactions. Wayfair initially adopted Affirm in 2016 for online checkout. First Internet Bank adopted Zelle, a peer-to-peer payment service, for its business customers. Payment orchestration platform Gr4vy Inc. completed an integration with the new Mastercard Merchant Cloud, a payments platform …
• 20 October

  Global Payments Expands Its Sports Team And Venue Portfolio

  

  Global Payments Inc. has expanded its reach into the highly competitive world of payment processing for sports teams and entertainment venues through a deal with sports and venue-management company Harris Blitzer Sports & Entertainment LLC. Global Payments will be the official payment technology provider for the Prudential Center, as well …