Point-of-sale

October, 2025

• 1 October

  Merrick Relaunches Ollo and other Digital Transactions News briefs from 10/1/25

  

  The credit card issuer Merrick Bank has re-launched its Ollo credit card with a refreshed design and new technology. The card was first issued in 2017 as a product for U.S. consumers facing challenges in obtaining a credit card. Valor PayTech, a 5-year-old provider of point-of-sale technology for merchants, announced it has …

September, 2025

• 30 September

  Nuvei’s AI Onboarding Agent and other Digital Transactions News briefs from 9/30/25

  

  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. …
• 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 …
• 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 …
• 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 …
• 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 …
• 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 …
• 24 September

  Red Lobster Is the Latest Restaurant to Add an AI Phone-Ordering System

  

  SoundHound AI Inc., a provider of artificial intelligence-based voice technology, said Red Lobster Hospitality LLC will roll out SoundHound’s AI-powered phone-ordering system across the restaurant chain’s more than 500 locations. The system will enable SoundHound to field all incoming calls for takeout orders, provide answers to common customer questions, such …
• 24 September

  Eye on AI: Seon Enlists AI To Cut Manual Review Time; Sigma360 AI-Driven Transaction Screening Debuts

  

  Artificial-intelligence tools continue to find their way into the payments system. Two companies, Seon and Sigma360, are the latest to incorporate AI into new products. Austin, Texas-based Seon Technologies Ltd. says its new AI suite can help reduce manual review times on transactions by up to 50%. It does this by …
• 23 September

  Consumer Reports Issues a Fintech Playbook That Could Aid Trust

  

  Consumer-advocacy organization Consumer Reports on Tuesday issued its “Fairness By Design Playbook” with expectations it can help fintechs build consumer trust. The new guide starts with the Consumer Reports thesis that what it calls fair design is not just beneficial to consumers, but can help organizations create sustainable financial products …