Digital Transactions Authoritative, insightful and timely information for payments professionals
PayPal Holdings Inc. early Wednesday launched PayPal World, a series of partnerships that will connect digital wallets outside the United States to its platform and enable interoperability with PayPal and Venmo wallets at the point of sale. PayPal World, which will go live this fall, will enable users to pay …
July, 2025
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23 July
A ‘Choppy’ Market Recovery and Timing Issues Lead Fiserv to Trim a Forecast
Fiserv Inc. early Wednesday reported $10.65 billion in revenue for the first half of 2025, representing a 7% increase from the first six months of 2024, but it was a revised projection for revenue growth for the whole year that drew the attention of equity analysts on a group call …
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23 July
Corpay’s Alpha Group Deal and other Digital Transactions News briefs from 7/23/25
Corpay agreed to acquire Alpha Group International plc for $2.2 billion. Alpha Group provides technology to manage cross-border foreign exchange. Fraud prevention and identity verification specialist Socure released its Dispute Abuse Score, a service designed to predict the likelihood individuals will abuse dispute processes. TD Bank’s Merchant Solutions unit agreed to use Fiserv Inc. technology, …
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22 July
Eye on POS: GrabScanGo’s Easy Self-Checkout; Uncle Sharkii Picks Square; Verifone Enables Brazil’s Pix Acceptance in U.S.
It’s a busy time in the point-of-sale arena as three vendors—GrabScanGo, Square, and Verifone—note new products, customers, and features. GrabScanGo, the product name for GSG AveriGo LLC, says it has made its self-checkout platform a plug-and-play installation. Cerritos, Calif.-based GrabScanGo says the self-checkout platform, already in use in hotel brands such …
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22 July
Eyewear Retailer Adopts Affirm and other Digital Transactions News briefs from 7/22/25
Affirm Inc. said it will offer its installment-payment services to customers of New Look Vision Group in Canada. The company operates 475 stores in Canada and the United States. Payments platform Payroc announced it has agreed to acquire LedgerPay Inc., which does business as PayiQ. With the acquisition, Payroc says it will gain …
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21 July
Same Day ACH Remains the Driver of Overall ACH Volume
Same-day automated clearing house payments continue to enjoy robust growth, totaling 336.4 million transactions during the second quarter, a 15% increase compared to a year earlier, says Nacha, the regulatory body for the automated clearing house network. Same-day ACH dollar volume during the quarter totaled $980 billion, up 22%. Through the …
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21 July
Clover PracticePay Debuts and other Digital Transactions News briefs from 7/21/25
Fiserv Inc.’s Clover point-of-sale technology unit announced it is entering the health-care market with Clover PracticePay. Clover worked with Rectangle Health, a developer of payments software for the health-care industry, on the launch. Mastercard Inc. and American Airlines said they have agreed to extend a longstanding agreement under which Mastercard supports a cobranded …
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18 July
Congress Passes The GENIUS Act Without a CCCA Amendment
The House of Representatives on Thursday passed the GENIUS Act, a bill aimed at regulating stablecoins, giving the nascent digital currency a boost as a mainstream payment option. The GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoins) Act is intended to provide a legal structure for stablecoins and enhance …
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18 July
Clover Notes Selling Its 4 Millionth POS Device
In the almost 15 years since its debut, Clover, the point-of-sale system from Fiserv Inc., has reached 4 million devices sold, Fiserv says. Acquired by First Data Corp. in 2012, Clover started in 2010 as a point-of-sale service with hardware and software. Now, its devices and software are part of …
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18 July
American Express’s Rise in Billed Business and other Digital Transactions News briefs from 7/18/25
American Express Co. reported a 7% year-over-year rise in billed business in its June quarter, to $416.3 billion, while revenue increased 9% to a record $17.9 billion. But net income sank 4% to $2.89 billion. For the year’s first half, billed business rose 6% to $803.7 billion. Net income was static …
