Point-of-sale

April, 2025

• 24 April

  Square Releases Revised Point-of-Sale App With Custom Modes

  

  Square is a long way from just offering a plug-in card reader dongle and there may be no better evidence of that with its fully revised Square Point of Sale app. This iOS and Android app enables merchants (Square calls them sellers), to pick and choose which services, such as …
• 24 April

  Fiserv Zeroes in on Restaurants As Its New CEO Settles in

  

  Fiserv Inc.’s Clover point-of-sale technology is set to make a splash in the highly competitive restaurant market with the expected launch next month of Clover Hospitality, the company’s top brass said early Thursday. Lilia, an Italian eatery in Brooklyn, is the first client, said Michael Lyons, the company’s chief executive, …
• 24 April

  Discover Payments Volume Down 4% and other Digital Transactions News briefs from 4/24/25

  

  The payment-services unit of Discover Financial Services reported $96 billion in volume for the first quarter, a 4% drop year-over-year, though increased debit card activity lifted Pulse’s dollar volume 3%. Diners Club volume also increased, growing 18%, but the Network Partners unit recorded a 73% slide “reflecting the anticipated exit of a …
• 23 April

  Trifecta Technologies Partners with Stripe to Offer a ‘Payment Launchpad’

  

  Trifecta Technologies Inc., an IT management company specializing in the Salesforce platform, is partnering with processor Stripe Inc. to create what it calls a payment launchpad for businesses. The launchpad will enable SalesForce users to streamline their payment processes by automating recurring payments. The feature will help businesses ensure on-time …
• 23 April

  Same-Day ACH Volume Rises 19%

  

  Business, consumer, and government use of the automated clearing house network continues on its growth pace with overall ACH payment volume up 4.2% in the first quarter year-over-year. Same-day ACH, Nacha’s faster-payments offering, experienced a 19.1% jump in payments. Same-day ACH volume, as revealed Wednesday by Nacha, totaled 326 million …
• 22 April

  Affirm Expands Its Credit Reporting to TransUnion

  

  Buy now, pay later platform Affirm Holdings Inc. early Tuesday announced it will begin credit reporting for all its loan products to TransUnion LLC, effective May 1. TransUnion is the second of the three credit bureaus to which Affirm is reporting. In March, San Francisco-based Affirm announced it would begin …
• 21 April

  CompoSecure Partners With MoneyGram for Cross Border Traffic, While Circle Announces a Cross Border Platform

  

  CompoSecure Inc., a provider of metal payment cards and security technology, is integrating its Arculus cold-storage wallet with MoneyGram Access, which allows digital-wallet users to convert cash into digital currencies. These include such media as USD Coin, a stablecoin backed by U.S. dollars and dollar-denominated assets. In addition, CompoSecure announced …
• 21 April

  With The Final OKs, the Capital One-Discover Combo Sets a May 18 Closing

  

  More than a year after Capital One Financial Corp. announced its $35-billion deal to acquire Discover Financial Services, it received the last federal regulatory approvals to move ahead and has set a May 18 closing. The last two regulatory approvals, from the Federal Reserve and the Office of the Comptroller …
• 21 April

  Fiserv’s New Fintech Hub and other Digital Transactions News briefs from 4/21/25

  

  Fiserv Inc. announced it will open later this year what it calls a strategic fintech hub in Overland Park, Kan., a suburb of Kansas City, Mo. The new location is expected to create approximately 2,000 jobs. Brightstar Credit Union will add real-time payments capabilities through processor Jack Henry & Associates Inc. under a …
• 18 April

  The CFPB’s Focus Will Narrow in the Wake of Mass Layoffs

  [Editor’s Note: Following Digital Transactions News publication Friday, a U.S. District Court judge temporarily halted the layoffs at the CFPB, according to the Associated Press. Judge Amy Berman Jackson has scheduled an April 28 hearing on the matter.] A dramatically reduced Consumer Financial Protection Bureau will still operate, but with …