Digital Transactions Authoritative, insightful and timely information for payments professionals
Risk management company EverC launched its Instant Onboarding service to help payment providers speed up and better manage the merchant onboarding process. Black Dragon Capital said it will work with Velera, a payments-based credit union service organization, in an effort to start and grow fintechs that can help credit unions. Tyfone Inc., …
July, 2025
June, 2025
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30 June
A U.K. Regulator Throws an Interchange Obstacle at Mastercard And Visa
A ruling in the United Kingdom could imperil the validity of multilateral interchange fees in the United Kingdom and Ireland assessed by Mastercard Inc. and Visa Inc. A U.K. tribunal Friday ruled the fees infringe on competition law. The Competition Appeal Tribunal ruled the fees infringe on prohibitions to restrict, …
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30 June
Klarna’s Bolt Exclusive and other Digital Transactions News briefs from 6/30/25
Klarna AB said an exclusive agreement with checkout and payments provider Bolt Financial Inc. will allow Klarna to integrate its payment options with Bolt’s CheckoutOS. The move is expected to allow merchants to offer Klarna’s payment options directly at checkout. Bolt says more than 80 million consumers use its one-click checkout …
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27 June
Skyfire Launches AI Agent Checkout and other Digital Transactions News briefs from 6/27/25
Skyfire, a provider of payment and identity technology for AI agents, has launched AI Agent Checkout, technology said to be programmed specifically for transactions conducted via AI agents. Payments-software developer Weave Communications Inc. has appointed Adrian McDermott to its board of directors. McDermott is chief technology officer at ZenDesk.
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26 June
The Cloud Rules in Point-of-Sale Products, TSG Report Finds
It’s not a secret how cloud-based connectivity has changed payments, and now a quantifiable 78% of all point-of-sale product providers have at least one cloud-based POS product, finds the 2025 Directory of POS providers from TSG, an Omaha, Neb.-based payments advisory firm. The directory, which catalogs more than 5,500 data …
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26 June
Affirm Goes Gaming and other Digital Transactions News briefs from 6/26/25
In partnership with Xsolla, a provider of videogame-commerce platforms, Affirm Inc. has agreed to offer its payments options through online-game developers. Square, a unit of Block Inc. released its Square Handheld device in the United Kingdom. Square launched the device in May in the United States. Stablecoin-card issuer Rain said it will work with Toku, a …
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25 June
Eye on Hospitality: Square Greets Concert-Goers at a New Toronto Venue; PayPal’s Summer Promo at Taco Bell
Building on its three-year partnership with the big entertainment promoter Live Nation in Canada, Block Inc.’s Square unit said Wednesday it will roll out point-of-sale payments at the new Rogers Stadium in Toronto, starting June 29. Rogers Stadium stands to become a major new seasonal transaction source for Square, which …
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25 June
Many End up Paying Ransomware Demands, Though Less Than They Did in Prior Years
The scourge of ransomware is not abating, but some of its impact may be. That’s because companies are getting better at negotiating payments of less than the original demand, according to a new report from Sophos, a cyberfraud-prevention firm. In its “State of Ransomware” report, released Tuesday, Sophos says 49% …
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25 June
Xero’s $2.5 Billion Melio Deal and other Digital Transactions News briefs from 6/25/25
Xero Ltd., an accounting and payments firm, announced it will acquire the payments platform Melio Inc. for $2.5 billion upfront, with another $500 million in payments tied to performance targets. The commerce platform NuOrder by Lightspeed launched Order Trends, a compilation of statistics aimed at informing merchants’ buying decisions. Canada-based fintech Nuvei Corp. said …
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24 June
In the Wake of Fiserv’s New Stablecoin, Mastercard Trumpets Its Digital Initiatives
Stablecoins are the talk of the payments town, and some observers are questioning whether these new digital alternatives could undercut the core network businesses of Mastercard and Visa. Now, Mastercard Inc. has announced several initiatives it says will keep it in the thick of the growing stablecoin market. In a …
