Finastra, a London-based developer of payments software for banks, said Wednesday it will work with Circle Internet Group Inc. to let banks include stablecoin settlement in their cross-border payments processing. In related news, the cross-border payments technology provider Tazapay announced it has closed on a Series B round with funding …
August, 2025
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26 August
Sightline Payments Launches a Debit Solution for the Gaming Industry
Casino-payments specialist Sightline Payments early Tuesday announced the launch of Sightline Debit, a demand-deposit account and debit card service for gamers to hold funds in a bank account and place wagers using a Visa-branded debit card. Developed in collaboration with Cross River Bank, which will hold the accounts, Sightline Debit …
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26 August
Eye on Merchants: LegitScript Adds Merchant Vetting Features; Elavon Enlists Liberis for Merchant Financing
Ensuring healthy merchants are added to a portfolio, and taking care of them once they’re admitted, are two major priorities for acquirers. LegitScript, which provides merchant and product certification and onboarding services, helps organizations vet new merchants and has released updates for its onboarding product. Meanwhile, processor Elavon, a subsidiary …
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25 August
AmEx Issues 50 Grants and other Digital Transactions News briefs from 8/25/25
American Express Co. and the National Trust for Historic Preservation announced 50 restaurants will each get a $50,000 grant plus one year of free service from Resy, an AmEx company. The grants are part of the Backing Historic Small Restaurants program. Payments provider TouchSuite said it acquired a majority ownership in STG, a …
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22 August
Gather FCU Becomes the First Credit Union in Hawaii to Launch BNPL
Gather Federal Credit Union in Hawaii has partnered with equipifi Inc. to become the first credit union in the state to offer buy now, pay later to its members. The credit union, which has more than 39,000 members on the islands of Kauaʻi and Niʻihau, will offer the service as …
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22 August
Cannabis Payments Edge Further Toward the Mainstream
The U.S. cannabis market, which saw $30.1 billion in sales last year, is growing at an accelerating pace, and that’s attracting the attention of processors and other providers. The market’s emergence as a fertile payments-processing market comes as it continues to wrestle with regulatory issues and limited banking services. POSaBIT …
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21 August
Zūm Rails Launches an Embedded White-Label Prepaid Cards Program for Canadian Businesses
Canadian fintech Zūm Rails early Thursday launched a reloadable prepaid card program on the Mastercard network for businesses in Canada, in which Zūm will serve as the card issuer. As the issuer, Zūm Rails says it can reduce by months the time it would take for businesses to launch such …
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21 August
Eye on Restaurants: Qu Updates Its Kiosk; Purdys Chocolatier Picks Square
In the fiercely competitive restaurant market, point-of-sale systems makers can’t afford to slack off when it comes to features for restaurant operators. That’s why companies frequently develop new features. Qu POS Inc. and Square, separately, are the most recent examples. First up is Qu, an Arlington, Va.-based POS system maker with …
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21 August
Q2’s Real-Time Payments Move and other Digital Transactions News briefs from 8/21/25
Technology provider Q2 Holdings Inc. announced Open Payment Network is its first partner to offer integration for Q2 Instant Payments Manager, a product aimed at banks looking to manage real-time payment workflows. Canada-based payments provider Corpay Inc. announced its cross-border platform has become the official foreign-exchange partner to the New Zealand Football club. Klear.ai, …
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20 August
Shift4 Adds the Detroit Lions to Its Sports Portfolio; Remitly’s Sponsorship Deal in Soccer
Shift4 Payments Inc. expanded its portfolio of professional sports teams early Wednesday through a partnership with the Detroit Lions of the National Football League. Shift4 will provide processing for game tickets and in-stadium commerce, including concession and merchandise sales, on game days. The Lions will deploy Shift4’s SkyTab point-of-sale system …

