Klarna AB early Tuesday reported a 26% jump in revenue for its September quarter, to $903 million, the highest revenue number in its 20-year history. The Sweden-based company, which maintains major operations in the U.S. market and internationally, said it processed $32.7 billion in transactions for the quarter, up 23%. …
November, 2025
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18 November
Nacha’s $10 Million Feedback and other Digital Transactions News briefs from 11/18/25
Nacha, the automated clearing house rule maker, is soliciting feedback on potentially increasing the transaction size of a same-day ACH payment from $1 million to $10 million. Comments are being accepted through Dec. 18. Steamboat Capital sent an open letter to the directors of Priority Technology Holdings Inc. expressing disappointment in an …
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17 November
Another Merchant Lawsuit Settlement Is Reached, This One on EMV-Related Chargebacks
A lawsuit filed in March 2016 over how the four U.S. card brands handled the liability shift during the EMV migration more than 10 years ago, along with unreimbursed chargebacks associated with it, has reached its next step. The suit is over unreimbursed liability-shift chargebacks made with a credit or …
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17 November
PhotonPay Is the Latest to Join Circle’s New Arc Blockchain
PhotonPay announced over the weekend it has joined Circle Internet Financial’s fledgling Arc blockchain, representing the latest participant for Arc since Circle unveiled the network in August. Hong Kong-based PhotonPay, which in July became a Mastercard commercial card issuer, also supports Mastercard users of Google Pay to enable contactless payments …
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17 November
Amscot Teams with Green Dot and other Digital Transactions News briefs from 11/17/25
Amscot Financial said it will work with Green Dot Corp. to offer demand-deposit accounts offering a secured credit card, a network of more than 25,000 ATMs, and other features. Banker Washington Trust Co. said it added Fiserv Inc.’s Clover point-of-sale system to its roster of products available to its business clients. ECI Software Solutions launched …
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14 November
3 Great Reasons to Partner with North
We’ve been a payments leader for over thirty years. And one thing we’ve learned in that time is that our success is measured by the people with whom we work. Give your partners substantial, meaningful ways to thrive, and it will translate to greater success for everyone. And since there’s …
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14 November
‘Not the Final Chapter:’ Questions Arise About the Latest Interchange Settlement
As the dust settles around the latest settlement agreement in Visa Inc.’s and Mastercard Inc.’s long running legal battle with merchants over card-acceptance fees, how the offer will impact the payments industry is coming into focus. Early reaction to the agreement from payments experts is that interchange relief will be …
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14 November
A Fast-Growing Payroc Widens Its Offering for Service Businesses
Payroc LLC on Thursday announced its latest move in its expansion into service businesses. The Tinley Park, Ill.-based company said it is widening the capabilities of Roc Services with what it says is expanded scheduling utility and wider flexibility for pricing. Introduced in July last year, Roc Services allows business …
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14 November
New Gen’s Agentic Commerce Platform Launches and other Digital Transactions News briefs from 11/14/25
E-commerce technology company New Generation released Kepler, an agentic commerce platform for retailers. Kepler has a suite of tools to help merchants structure, analyze, and present their product data in formats that both humans and artificial intelligence engines can understand, New Gen said. The Pix real-time payments network in Brazil is likely to surpass …
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13 November
Cash App Intros Its Moneybot AI Tool Amid a Range of New Features
It’s a big update day for users of Cash App, the money-movement service from Block Inc., as a new artificial-intelligence tool, a borrowing service, and cryptocurrency options are added. Announced Thursday, the roster of 11 product updates to Cash App, which launched in 2013 as a person-to-person payment method called …
