Digital Transactions Authoritative, insightful and timely information for payments professionals
In a first, point-of-sale system and e-commerce platform Lightspeed Commerce Inc. exceeded $1 billion in yearly revenue, posting $1.1 billion for its fiscal year ended March 31. That’s up 21% from $909 million the previous year. It wasn’t enough, however, to offset financial performance, resulting in a loss for the …
May, 2025
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22 May
How CCCA Sponsors See an Opportunity to Advance the Bill
Sponsors of the Credit Card Competition Act saw the passage of the GENIUS Act on a preliminary vote as an opportunity to give the CCCA new life in advance of plans to reintroduce the legislation in the current Congress. Attaching the bill to the GENIUS Act, which would regulate stablecoins, …
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22 May
Curve Pay Debuts on iOS Devices in Europe and other Digital Transactions News briefs from 5/22/25
Curve has launched Curve Pay on the iOS operating system for European consumers, becoming the first payments technology to use the iPhone’s NFC interface following Apple Inc.’s agreement with the European Commission to open that interface to competing services. U.S. Bank has issued a Visa debit card cobranded with Gonzaga University and aimed at …
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21 May
Trying to Revive the CCCA, Durbin And Marshall Look to Make It an Amendment to the GENIUS Act
Sponsors of the Credit Card Competition Act moved late Tuesday to attach the legislation as an amendment to the GENIUS Act, a proposed bill to regulate stablecoins. While the Senate must approve the move, it potentially gives the legislation new life as it failed to advance out of committee in …
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21 May
Eye on BNPL: Pay-Over-Time Besting Credit Cards for Some; Afterpay Lines up More Merchants
The predictability of buy now, pay later loans and the interest-free nature of many of them is appealing to merchants, as many consumers—86%—believe the economy is uncertain, finds a new report from Affirm Inc. Commissioned by installment-payment provider Affirm, the survey, conducted by Talker Research in March of 2,000 U.S. …
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21 May
Fintech Breach Sources and other Digital Transactions News briefs from 5/21/25
Nearly 42% of breaches suffered by major fintech companies stem from third-party vendors, according to “Defending the Financial Supply Chain: Strengths and Vulnerabilities in Top Fintech Companies,” issued by Security Scorecard, which analyzed 250 major fintechs. The processor FIS Inc. said it will work with Letskipp Ltd., also known as Kipp, to develop …
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20 May
HungerRush Enables Direct Connections for Delivery; DoorDash’s Preferred Integrations Program
HungerRush, a provider of point-of-sale and online-ordering systems for restaurants, has launched the Grubhub Marketplace integration for its POS platform. The Grubhub Marketplace integration allows restaurants to “reduce technology clutter” by receiving Grubhub orders directly from the HungerRush POS platform, HungerRush says. The integration also enables orders from DoorDash and …
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20 May
New Markets Are Just the Ticket for Affirm And Nuvei
Ticketing is set for rapid growth, and payments firms are jockeying to get a piece of the action. Affirm Inc. announced early Tuesday it will offer its buy now, pay later option for lift tickets sold through Cali Pass at more than 20 ski resorts, six of them in California. …
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20 May
Nuvei; BHMI Preps for IFPA July 1 and other Digital Transactions News briefs from 5/20/25
Payments-software developer BHMI said it has updated its Concourse Financial Services Suite to allow firms to comply with the Illinois Interchange Fee Prohibition Act, which is set to take effect July 1. The law prohibits interchange on state and local taxes and on tips. Galileo Financial Technologies launched Galileo Payment Method Switch, technology …
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19 May
Fiserv Rolls Out Clover Hospitality; Bluefin and Verifone Team Up to Offer Point-to-Point Encryption
Clover, Fiserv Inc.’s point-of-sale platform, has launched Clover Hospitality by BentoBox, a customized point-of-sale system for high-end restaurants. Clover Hospitality enables restaurants to build an online presence to engage with consumers through Web sites and enable online ordering and reservations. It also includes marketing tools designed to increase customer loyalty …