Real-time Payments

February, 2025

• 26 February

  Sightline’s Recap Move and other Digital Transactions News briefs from 2/26/25

  

  Sightline Payments, a specialist in payments for the gaming industry, announced it has completed a recapitalization, with participation from “most” existing major investors. The 15-year-old company estimates the U.S. digital gaming industry at $30 billion in annual revenue. Generation Z is overwhelmingly adopting digital-payment methods, with 92% using peer-to-peer payment …
• 24 February

  Coinbase Appears to Be off the Hook As the SEC Pulls Its Case

  

  A top executive at Coinbase Global Inc. said Friday the Securities and Exchange Commission has withdrawn an enforcement action against the cryptocurrency platform, a move the executive lauded as a “victory not just for Coinbase, but for our customers, the United States, and individual freedom.” “We’ve always maintained that we …
• 18 February

  CellPoint’s New Platform and other Digital Transactions News briefs from 2/18/25

  

  CellPoint Digital Holdings Ltd. introduced a new payment-orchestration platform aimed at simplifying travel payments and related orders and offers. Merchant data provider Spade Data Inc. said it will work with Bilt Rewards, a loyalty provider for home and rent payments, to provide more merchant details to Bilt users. PSQ Holdings Inc. said it has …
• 17 February

  InComm’s Red Cross Donation and other Digital Transactions News briefs from 2/17/25

  

  InComm Payments, which has launched the Mastercard Give Hope gift card, has agreed to donate to the American Red Cross $2 from the purchase price of each card sold on mastercardgiftcard.com. Cubic Transportation Systems Inc., a developer of payments technologies for mass-transit systems, announced it is opening an innovation center …
• 14 February

  EasyPark Acquires Rival Parkopedia and other Digital Transactions News briefs from 2/14/25

  

  EasyPark Group, a provider of technology that allows drivers to find and pay for parking, said it has acquired rival parking app developer Parkopedia. Terms were not announced. The health-care fintech Veuu Inc. announced it will work with Wipro Ltd., a consulting company, to develop an instant-payment service for transactions between payers …
• 12 February

  Peer-to-Peer Platform Zelle Handled a Record $1 Trillion in Volume In 2024

  

  Zelle, the peer-to-peer payments service from Early Warning Services LLC, announced early Wednesday that dollar volume sent over the network last year totaled a record $1 trillion, up 27% from 2023. Transactions for the year totaled 3.6 billion, a 25% year-over-year increase, while the number of consumer and business accounts …
• 10 February

  BNY Sends the Largest Payment So Far Over the 8-Year-Old RTP Network

  

  BNY, formerly the Bank of New York Mellon Corp., early on Monday completed a $10 million transaction over the RTP Network, a record payment for the instant-payments system, which launched in 2017. The transaction, an inter-company liquidity-management payment from BNY client Computershare to an account at another financial institution, is …
• 6 February

  Another Step for Pay by Bank and other Digital Transactions News briefs from 2/6/25

  

  Trustly, an open-banking specialist, will work with payments specialist Spreedly to offer pay-by-bank services to merchants. ACI Worldwide Inc. will work with Banfico, a provider of technology for open banking and regulatory compliance, to help banks and payment service providers in Europe comply with confirmation of payee and verification of payee …
• 5 February

  Fiserv Gets Set for a New CEO As Bisignano Trumpets a Strong Quarter

  

  President Donald Trump may have tapped Frank Bisignano to run the Social Security Administration, but for the time being he remains very much in charge of the big processor Fiserv Inc. Early on Wednesday, he reported a robust 2024 in which the company recorded 16% growth in organic revenue—growth apart …
• 4 February

  FIS Enables FedNow Send Capability and other Digital Transactions News briefs from 2/4/25

  

  FIS Inc. said it is one of the first fintechs certified to offer send capability on credit transfers through the FedNow real-time payments network, operated by the Federal Reserve. The company is offering the new service to bank clients for use by both consumers and commercial clients. Hospitality point-of-sale services specialist Olo said …