News

July, 2025

• 3 July

  Payments Companies Act As Congress Mulls Stablecoin Legislation

  

  Ripple’s chief executive said Wednesday the company applied to the Office of the Comptroller of the Currency for a national bank charter to support its stablecoin, RLUSD, which it introduced in December. The move, which Ripple chief executive Brad Garlinghouse announced in a post on the social-media site X, follows …
• 3 July

  Worldpay’s Thailand Entry and other Digital Transactions News briefs from 7/3/25

  

  U.S. processor Worldpay Inc. announced it is establishing acquiring services in Thailand, furthering its operations in the Asia-Pacific region. Digital wallet Curve said it will work with the technologist Thales on Curve Pay for iOS, a mobile payment service that enables users to rely on their iPhone’s NFC chip to make contactless payments. Banking technology provider Alkami …
• 2 July

  Payments Industry Support Builds to Eliminate the Federal Government’s Reliance on Paper Checks

  

  Organizations representing the payments industry are coming out in support of the federal government’s move to eliminate paper checks for disbursements. Nacha, the governing body that oversees the ACH network, The Bank Policy Institute, The Clearing House Association, and the Consumer Bankers Association, have submitted comments to the Treasury Department …
• 2 July

  Small Business Sales Jump Year-Over-Year, But Retreat From May

  

  Small businesses in June felt the impact of consumer reaction to reduced inflation, with their overall sales up 4.4% from June 2024, according to the Fiserv Small Business Index for the month, released early Wednesday. While the year-over-year rebound was strong, sales from May to June this year retreated 1.4%, …
• 2 July

  Grocer Tests Instacart Cart and other Digital Transactions News briefs from 7/2/25

  

  Grocery-delivery platform Instacart launched its Caper Carts at Wegmans Dewitt store in Syracuse, N.Y. The technology lets customers track spending while streamlining checkout through a network of cameras, digital scales, and location sensors. Mogo Inc. said it is investigating stablecoins to help support its payments platform, which handles more than $12 billion annually …
• 1 July

  Adyen Launches a Business Partner Program; Klarna And Affirm Add a BNPL Option for Tesla

  

  Adyen NV unveiled an enhanced partner program early Tuesday that it says will provide its more than 1,000 business clients the resources, support, and incentives to deliver a better user experience to Adyen merchants. The new program gives Adyen business partners better visibility into Adyen’s product roadmap and integration expectations, …
• 1 July

  Crypto Giant Circle Bids for a Bank

  

  In a move that could weave cryptocurrency more deeply into the fabric of the U.S. payments industry, Circle Internet Group Inc. announced late Monday it has applied to the Office of the Comptroller of the Currency to form a national trust bank. The application, which seeks to establish what Circle …
• 1 July

  EverC’s Merchant Onboarding Tool and other Digital Transactions News briefs from 7/1/25

  

  Risk management company EverC launched its Instant Onboarding service to help payment providers speed up and better manage the merchant onboarding process. Black Dragon Capital said it will work with Velera, a payments-based credit union service organization, in an effort to start and grow fintechs that can help credit unions. Tyfone Inc., …

June, 2025

• 30 June

  InComm Teams Up With NCR Atleos for Cardless Cash Access

  

  ATM producer and network-services provider NCR Atleos Corp. announced Monday that InComm Payments has adopted its ReadyCode application programming interface to enable cardless cash pick-ups at more than 23,000 U.S. ATMs. Atlanta-based NCR Atleos says ReadyCode-enabled ATMs are located inside retailers in 40 states. InComm, also based in Atlanta, provides …
• 30 June

  A U.K. Regulator Throws an Interchange Obstacle at Mastercard And Visa

  

  A ruling in the United Kingdom could imperil the validity of multilateral interchange fees in the United Kingdom and Ireland assessed by Mastercard Inc. and Visa Inc. A U.K. tribunal Friday ruled the fees infringe on competition law. The Competition Appeal Tribunal ruled the fees infringe on prohibitions to restrict, …