Digital Transactions Authoritative, insightful and timely information for payments professionals
Several organizations representing the payments industry sent a letter to Congress late Wednesday urging lawmakers not to pass legislation that will tax cross-border remittances originated in the United States and will require money transmitters to gather identity and citizenship verification data from the sender. The bill has advanced to the …
May, 2025
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30 May
Flexa Teams with Nexus Wallet and other Digital Transactions News briefs from 5/30/25
Flexa, a payments platform based on digital assets, said it is working with wallet provider Nexus Wallet to simplify payments via the cryptocurrency Litecoin. The partnership is active at 41,000 retail locations in North America, the parties say. Stablecoin-based payments platform Stable Sea launched Stable Sea Terminal, said to be capable of …
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29 May
Bluevine Launches Payment Links and other Digital Transactions News briefs from 5/29/25
Bluevine, a banking platform for small businesses, launched Invoicing and Payment Links, aimed at allowing businesses to receive payments directly in bank accounts via a range of payment methods. The buy now, pay later platform Affirm Inc. said it is expanding its partnership with the merchant Williams-Sonoma Inc. to Canada. Besides Williams-Sonoma, …
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28 May
Global Offloading Payroll Unit with Thredd and other Digital Transactions News briefs from 5/28/25
Global Payments Inc. has agreed to sell its payroll unit, Heartland Payroll Solutions, to insurance fintech Acrisure LLC for $1.1 billion. The business serves more than 50,000 clients. Castles Technology said it is working with PXP, a payments platform, to offer Android point-of-sale devices to merchants regardless of size. Some 73% of …
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27 May
P2P Brands Can Gain Wallet Share Despite Consumers’ Loyalty to a Primary Brand, J.D. Power Finds
While consumers remain extremely loyal to their primary peer-to-peer payment brand, opportunities exist for other brands to gain share of wallet as a secondary brand, as consumers use more than one P2P service to ensure they can send and receive money across their entire social network, a recent study by …
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27 May
How Worldpay, OwlTing, and PSQ Are Moving on Stablecoins
The big processor Worldpay said early Tuesday it will work with BVNK, a stablecoin-technology company, to provide to Worldpay clients what the companies say will be “nearly instant global payouts” in stablecoins. The service will be available to clients in the United States and Europe starting in the second half …
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23 May
CIMB Bank Picks ACI for Payments Update and other Digital Transactions News briefs from 5/23/25
Payments-technology provider ACI Worldwide Inc. announced CIMB Bank, said to be the second-largest financial-services provider in Malaysia, has opted for ACI’s services to merge all of the bank’s account-to-account transactions onto a single platform. Bitget Wallet unveiled a new logo as part of an ad campaign to advertise its position as a crypto …
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15 May
Mastercard Looks to Support Stablecoins in a Deal With Wallet Provider MoonPay
The big card networks have worked for several years to exploit the growing business of transactions based on cryptocurrency, and the latest development emerged early Thursday with an announcement that Mastercard Inc. is looking to enable acceptance of stablecoin-backed cards at the more than 150 million merchants worldwide that accept …
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14 May
With HODL Pay, BitPay Aims to Bridge the Gap Between Decentralized Finance and Everyday Crypto Spending
Cryptocurrency-payments platform BitPay Inc. is betting its HODL payment option will make it easier for investors to spend their digital currency without first having to sell their crypto assets to make a purchase or pay a bill. Launched earlier this week, HODL Pay enables consumers to borrow stablecoins against their …
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9 May
A New Crypto Gateway and other Digital Transactions News briefs from 5/9/25
ONE.io, a specialist in digital-currency payments, and BoomFi, a cryptocurrency-technology provider, announced they will launch ONE Gateway, designed to allow ONE.io clients to accept crypto payments while automatically receiving settlement in fiat currency. In related news, SmartMedia Technologies, a loyalty and payments technology provider for blockchain-based transactions, launched its Pay with …
