Pricing

Banking services and processor Jack Henry & Associates Inc. reported $2.54 billion in revenue for fiscal 2026, which ended June 30, up 6.7% from $2.38 billion in 2025. Net income for the year of $502.8 million increased 10.3% from $455.7 million the year prior. In the fourth quarter, Jack Henry had $644 …

Swift, a financial-messaging platform, said its new international money-transfer service is now live in the United States, with Bank of America Corp. and J.P. Morgan online with the service. The move follows recent launches in Canada and Germany. Swift says the new service will show recipients the full transaction amount …

Point-of-sale technology provider Toast Inc. reported gross payment volume of $60.7 billion for the June quarter, up 22% year-over-year, as total locations served also grew 22%, to approximately 180,000. Revenue totaled $290 million, up nearly 28%, with net income totaling $154 million, a 93% rise. Also, BHW Hotels, parent of WorldHotels, Best Western, …

With demand for hotel rooms forecasted to pick up this year and next in the United States, hospitality point-of-sale specialist Mews is adding multicurrency processing for hotel operators in the United States and Canada. Already made available 14 months ago to European hotels, the multicurrency service enables international travelers to …

The economics of proprietary debit networks appears to be asserting itself as a consortium of big banks is reportedly looking to acquire a debit card system from Fiserv Inc. The banking group, which includes JPMorgan Chase, Bank of America, Wells Fargo, and PNC Financial Services Group, has had “tentative discussions” …

Payments platform Repay Holdings Corp. reported it has received a revised, unsolicited and non-binding offer from Forager Capital Management LLC to acquire the company’s outstanding shares at $5.25 per share, in cash. Repay says its board is reviewing the offer. The proposal follows an offer in April from Forager at $4.80 per …

With large payments companies beginning to incorporate cryptocurrency and alternative payment methods into their processing flows, the opportunity for sales agents and their acquirers to sell another payment-acceptance method is growing. That’s the takeaway from a panel discussion this week at the Southeast Acquirers Association conference in Miami Beach, Fla. …

Payments executives who may be hoping that a court ruling Tuesday will put an end to years of bitter wrangling over card-acceptance costs are likely to be disappointed, experts tell Digital Transactions News. “This does not end the argument. It just stifles it,” says Cliff Gray, principal at Gray Consulting …

For the better part of two decades, I’ve watched the payments industry evolve from a straightforward utility into a labyrinth of technical complexity. Merchant fee structures today are no longer just the cost of doing business. They are a volatile variable that can quietly erode a company’s bottom line. As …

Colorado’s SB 26-134, a bill that would have eliminated sales tax as part of the interchange-fee calculation, has been vetoed by Gov. Jared Polis. SB 26-134, similar to the Illinois Interchange Fee Prohibition Act, would have taken effect Jan. 1, 2028, had Polis approved it. The contentious Illinois law, which …