Digital Transactions Authoritative, insightful and timely information for payments professionals
Nuvei Corp. launched its artificial intelligence-enabled Integration Agent. The tool could help merchants and Nuvei’s partners onboard within hours instead of weeks, Nuvei said. Bank of America Corp. announced its AI-based Ask Global Payments Solutions service, which the banking giant says can answer questions within seconds for its 40,000 business clients globally. …
September, 2025
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29 September
Eye on Processors: Worldpay’s All In on Embedded Finance; An Acquisitive Fiserv Strikes Another Deal
Embedded payments and embedded finance have taken on an almost viral adoption within the payments industry, and the latest to tweak their services is processor Worldpay Inc. with its new Embedded Finance Engine. In related news, Fiserv Inc. says it will acquire StoneCastle Cash Management in a bid to better …
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29 September
Corpay Teams With Mastercard on Cross-Border Payments, While PayOS Leverages Mastercard Agent Pay
Corpay Inc., a provider of corporate payment and expense-management technology, has extended its partnership with Mastercard Inc. to enable corporations, small businesses, and financial institutions to make near real-time payments to 22 new markets across Asia, Europe, the Middle East, Africa, and Latin America. The deal builds on the two …
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29 September
Swift’s Blockchain Addition and other Digital Transactions News briefs from 9/29/25
The international money-transfer system Swift said it plans to add what it calls a “blockchain-based shared ledger” to its technology stack in an effort to process instant cross-border transactions. Some 34 financial institutions from 16 countries are advising Swift on the project. The payments platform Lightspeed Commerce introduced Showroom, a service that provides merchants …
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26 September
Businesses Looking to Revamp Payment Strategies Will Embrace Digital Payments, an AFP Study Says
As the popularity of digital payments increases, more businesses and organizations are looking to revamp their strategies to keep up with the trend, according to the Association for Financial Professionals’ 2025 Digital Payments Survey. Among the businesses and organizations surveyed for the triennial study, 76% expect to update their payments …
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26 September
Eye on Acquiring: Adyen Enlists TSG For Merchant Consult; Valor PayTech Teams with 4LeafLabs
Payment processor Adyen will tap the expertise of analytics and consultancy firm TSG to help its merchants tailor payments applications to their needs. In related news, Valor PayTech is teaming with 4LeafLabs to create what it calls an affordable point-of-sale service for small businesses. Adyen, a Netherlands-based processor initially known …
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26 September
Fiserv Acquires Smith Consulting Group and other Digital Transactions News briefs from 9/26/25
Fiserv Inc. said it has acquired Smith Consulting Group, a Lake Mary, Fla.-based advisory service for community banks and credit unions. Terms were not disclosed. Reverb, a marketplace for musicians, has introduced its Reverb Wallet, which allows sellers to use marketplace earnings to buy new musical gear. The wallet was developed …
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25 September
Citi Teams With Dandelion to Enable Cross Border Payments to Digital Wallets
Citigroup Inc. is partnering with Dandelion Payments Inc., a real-time, cross-border payments network, to enable near-instant, full-value cross-border payments into digital wallets globally. Dandelion will integrate Citi’s WorldLink Payment Services into its digital-wallet network to facilitate the payments. The service will initially launch in the Philippines, Indonesia, Bangladesh, and Colombia. …
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25 September
A Report Says Banks Pay 2.3 Times More to Onboard Merchants Than Pay Tech Firms Do
Landing a coveted merchant account is a top goal for many banks and payment technology firms, but banks may be at a disadvantage. It can cost up to 2.3 times more, on average $496, for a financial institution to onboard a merchant for payment services, as a paytech may spend …
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25 September
Klarna Tops 1 Million Cards and other Digital Transactions News briefs from 9/25/25
Klarna AB said more than 1 million consumers have signed up for its Klarna Card since the product debuted in the U.S. market July 4. The daily signup rate for the debit card reached 50,000 on Tuesday. The news follows the company’s announcement last month that it has become an in-store payment method …