Defendants in the long-running legal battle over merchants’ card-acceptance costs officially filed an Amended Settlement Agreement Monday. The agreement, filed in the United States District Court for the Eastern District of New York, will provide plaintiff merchants meaningful relief by remedying the concerns expressed by the court over a previously …
November, 2025
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11 November
Eye on POS: Global’s New Device for Genius; Toast Signs TGI Fridays
Global Payments Inc. said it has launched what it calls the payments industry’s first modular countertop point-of-sale device, aimed at retail stores and restaurants. The device, set for commercial rollout in December and tied into Global’s Genius processing platform, is aimed first at enterprise clients, followed by small businesses in …
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10 November
A Deal Looks No Closer In Merchants’ Long-Running Legal Battle Over Acceptance Fees
Merchant organizations contend an expected settlement offer in their ongoing, two-decades-old lawsuit against Visa Inc. and Mastercard Inc. over card-acceptance fees does not address the underlying problem that leads to high card-acceptance costs in the first place. Merchant opposition surfaced over the weekend after a story in The Wall Street …
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10 November
Priority To Go Private? and other Digital Transactions News briefs from 11/10/25
Processor Priority Technology Holdings Inc. said it has received a preliminary, non-binding take-private proposal from an investor group led by Priority’s chairman and chief executive, Thomas Priore. The proposal envisions buying the shares the group does not already own at a price ranging from $6 to $6.15 each. The stock was trading …
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7 November
Cash App And Square Are Key for Block As It Looks to AI for the Future
The 12-year-old Cash App wallet remains a key driver for Block Inc. Cash App gross profits grew 24% year over year during the third quarter of 2025, which helped contribute to Block’s overall gross profit of $2.66 billion during the quarter, an 18% increase from a year earlier, Block chief …
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7 November
Affirm’s Results Boost Its BNPL Ranking
Buy now, pay later specialist Affirm Holdings Inc. says Amazon.com Inc. extended by five years its deal with Affirm to offer installment-payment services, an option first offered in 2023. The move comes as Affirm posted $933.3 million in revenue for its 2026 fiscal first quarter. Affirm, in a shareholder letter, …
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7 November
Upward Employs Mastercard’s Embedded Service and other Digital Transactions News briefs from 11/7/25
Upward Financial, a provider of payments and other financial technology, announced Mastercard Inc. will provide embedded financial technology to Upward’s clients to enable them to launch Mastercard-branded card programs in a matter of weeks. Upward also announced an $8-million seed round co-led by Dundee Venture Capital and Breakwater Ventures Fund. …
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6 November
‘We Are Just Beginning’ Says Shift4’s CEO As He Reviews a Strong Quarter
Shift4 Payments Inc. early Thursday reported a 26% jump year-over-year in September-quarter processing volume as the company continues to deploy assets acquired in its $2.5-billion deal for the Swiss processor Global Blue. “We are number one in hotels, number one in stadiums, and we are just beginning to bring these …
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6 November
Adyen’s New POS Terminals and other Digital Transactions News briefs from 11/6/25
Payments-technology platform Adyen NV introduced two new point-of-sale terminals, the S1E4 Pro, a mobile device, and the S1F4 Pro, aimed at countertops. The devices will be available for order in the first quarter next year. Processor Lightspeed Commerce Inc. reported September-quarter revenue of $319 million, up 15% year-over-year, on a 22% jump in gross …
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5 November
Toast Adds 7,500 Locations in the Third Quarter
Toast Inc. is coming on strong when it comes to adding new locations for its point-of-sale system, with 7,500 net new locations added in the third quarter. That brings it locations total to 156,000 globally as of Sept. 30. It added 8,500 locations in the second quarter and more than …

