Real-time Payments

April, 2025

• 25 April

  Regulators Lighten up on Crypto, But Will That Really Matter?

  

  In keeping with Washington’s friendlier attitude toward cryptocurrencies, the Federal Reserve and the Federal Deposit Insurance Corp. on Thursday pulled statements they had issued early in 2023 that had indicated a tougher stance on crypto regulation for banks. The regulators’ new approach, as indicated in a statement issued late Thursday …
• 25 April

  Truist First with RTP’s Alias-Based RFP and other Digital Transactions News briefs from 4/25/25

  

  Truist Financial Corp. said it is the first financial institution to use an alias-based request for payment utility on the RTP network, the real-time payments service from The Clearing House Payments Co. LLC. The service is available for both corporate and individual customers, Truist said. POSaBIT Systems Corp., a point-of-sale maker for cannabis …
• 23 April

  Klarna Added to eBay’s U.S. Marketplace and other Digital Transactions News briefs from 4/23/25

  

  The e-commerce giant eBay Inc. said it will widen its global partnership with payments platform Klarna AB to include the U.S. market, allowing the shopping site to roll out Klarna’s payments capabilities to ”millions” of eBay shoppers, eBay says.  PSQ Payments said it is available on the Shopify App store, making the service …
• 22 April

  Circle’s New Payments Network Solicits Banks for Cross-Border Stablecoin Settlement

  

  The stablecoin platform Circle Internet Group Inc. late Monday unveiled a payments network aimed at linking financial institutions and digital wallets for cross-border payments. The network, which will enable real-time settlement using what Circle calls regulated stablecoins, represents a major new thrust for the 11-year-old, New York City-based company into …
• 22 April

  CU Taps Jack Henry and other Digital Transactions News briefs from 4/22/25

  

  Brightstar Credit Union will add real-time payments capabilities through processor Jack Henry & Associates Inc. under a new agreement. The capabilities will include the Federal Reserve’s FedNow service and the RTP network from The Clearing House Payments Co. RentRedi, a mobile app for rent payments and other landlord-tenant functions, introduced Chat 2.0, …
• 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

  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 …
• 17 April

  EMS Acquires Peel Payments and other Digital Transactions News briefs from 4/17/25

  

  Electronic Merchant Systems LLC said it acquired Peel Payments, marking a significant expansion into the petroleum and convenience store segment. Peel also brings familiarity with Fiserv Inc.’s platform, says Afshin Yazdian, EMS chairman and chief executive, “which aligns perfectly as we prepare to launch on that platform and integrate with Clover. …
• 15 April

  PayPal Working with TerraPay and other Digital Transactions News briefs from 4/15/25

  

  PayPal Holdings Inc. said it will work with TerraPay to let PayPal users make real-time money transfers throughout the Middle East and Africa. Cantaloupe Inc., a payments provider for self-service markets and vending, launched Go Micro, a compact kiosk for micro markets that features an integrated barcode scanner and 5-inch touchscreen. …