Digital Transactions Authoritative, insightful and timely information for payments professionals
Instant Financial USA Inc., a platform that digitizes payments for hourly workers, said it has been chosen by the Munson Group to launch digital tips and paycards for workers at Munson’s 33 Sonic Drive-In and Buffalo Wild Wings locations. Theatre Capital announced it has acquired AllPaid Inc., a payments platform serving …
October, 2025
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1 October
Jack Henry Acquires Victor Technologies; Global Payments Sheds Its Payroll Business
Jack Henry & Associates Inc. has acquired Victor Technologies Inc., a provider of embedded-payment solutions, from MVB Financial Corp. for an undisclosed sum. While terms of the deal were not disclosed, MVB says it expects to see a pre-tax gain of $33 million from the sale. The acquisition widens an …
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1 October
Eye on Checkout: Affirm lands Ace Hardware for BNPL; Amazon’s Buy With Prime Adds New Retailers
Just in time for the upcoming holiday shopping season, merchants are ready with new e-commerce checkout options. A hardware cooperative is adding the buy now, pay later option from Affirm for in-store use. Brands Dearfoams and Baggallini now offer Buy with Prime, the Amazon.com Inc. online checkout service. Oak Brook, …
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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
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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. …
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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 …
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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 …
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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 …
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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 …
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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 …
