Monday , March 16, 2026

Person-to-Person Payments

Zelle and BofA Team up and other Digital Transactions News briefs from 3/12/26

Peer-to-peer payments platform Zelle has collaborated with Bank of America to process charitable disbursements from Donor Advised Funds, enabling nonprofits to receive charitable grant funding in near real time. Zelle is a unit of Early Warning Services. Some 26% of bill-pay platforms said their systems are ready for the future, though 80% …

Read More »

The Top 50 Originators Account for 91% of Total ACH Commercial Payments Volume, Nacha Says

The Top 50 originating financial institutions handled 30.7 billion automated clearing house payments in 2025, up 4.7% from 2024, and accounted for 91.4% of the ACH Network’s total commercial payments volume, down from for 93.8% in 2024, according to Nacha, the rules-setting organization for the ACH network. The Top 50 …

Read More »

Block Slashes Its Workforce as It Goes All in on AI

Block is cutting its headcount by more than 40%, the company announced late Thursday during its fourth-quarter 2025 earnings call. The move—which will leave Block with less than 6,000 employees, down from more than 10,000—comes as the fintech posted one of its best financial performances for 2025, according to company …

Read More »

A Banner 2025 for Zelle With 20% Year-over-year Growth

Zelle, the peer-to-peer payment service from Early Warning Services LLC, says U.S. consumers sent more than $1.2 trillion in payments using the service in 2025, a 20% increase from 2024. Zelle first surpassed $1 trillion in 2024. That comes on 4.2 billion transactions, a 16% increase from 3.6 billion transactions …

Read More »

Automotive POS Gains Momentum As UpdatePromise Offers PayPal and Venmo

UpdatePromise, a software provider to automobile dealerships, said Tuesday it has agreed to integrate PayPal and Venmo to offer expanded payments capabilities in the service lane. The move comes as payments technology takes on increasing importance at dealerships looking to avoid snarled transactions while working out details with customers, the …

Read More »

Visa Direct Enters China and other Digital Transactions News briefs from 2/3/26

Visa Inc. announced Visa Direct, its near real-time payment service soon will offer cross-border money movement into the Chinese mainland via a partnership with UnionPay International, the Chinese card brand. The Fiserv Small Business Index, which tracks small business transaction activity across the Fiserv Inc. merchant base, declined one point to 143 …

Read More »

Visa Says It’s Positioning Itself to Be a ‘Hyperscaler’ in Payments

Visa Inc. chief executive Ryan McInerney touted the card network’s ability to build and deliver innovations and scalable technologies as drivers behind the company’s strong fiscal first quarter 2026 results.  Processed-transaction dollar volume grew 8% year-over-year in the quarter to nearly $4 trillion in constant dollars, with transactions up 9% …

Read More »

ACH Volume Grew 5% in 2025

Business-to-business and same-day ACH were standout segments of Nacha’s automated clearing house transactions in 2025. Released Thursday, total volume of 35.2 billion payments in 2025 made with the ACH payment method were up 5% over 2024. Reston, Va.-based Nacha, the ACH rules maker, says these transactions were valued at $93 …

Read More »

Zelle Beefs Up Access to CUs and Community Banks, Adds More Resellers

Zelle, the peer-to-peer payment service operated by Early Warning Services LLC, announced late Tuesday 337 financial institutions joined the network in 2025. The majority of the institutions are community banks and credit unions with assets of less than $10 billion. The influx of new financial institutions gives Zelle access to …

Read More »
Digital Transactions