Real-time Payments

June, 2025

• 26 June

  As Colleges Pay Athletes, PayPal Looks to a Big Role in the Big 10 and Big 12

  

  PayPal Holdings Inc. will process payments from universities to student athletes under multi-year deals the payments company announced early Thursday. PayPal’s agreements with the Big 10 and Big 12 college conferences follows a court ruling June 6 that permits colleges and universities to include student athletes in a revenue share. …
• 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 …
• 24 June

  Lightspeed’s Expanded Saks Deal and other Digital Transactions News briefs from 6/24/25

  

  The commerce platform NuOrder by Lightspeed said it will work with Neiman Marcus and Bergdorf Goodman as part of an expanded agreement with Saks Global. In related news, Lightspeed Commerce Inc. said it will integrate reservations software from Whoosh for golf and club clients using Lightspeed’s payments platform. Shift4 Payments Inc. said it has yet …
• 23 June

  Fiserv Will Work With Circle to Develop Stablecoin Products

  

  Fiserv Inc. and Circle Internet Group Inc. early Monday announced they will collaborate to build products based on stablecoins for banks and merchants in Fiserv’s client base. The announcement came at the same time Fiserv said it plans to launch its own stablecoin, FIUSD, by year’s end. Simultaneously, Fiserv said …
• 20 June

  As More Countries Adopt Stablecoin Laws, Usage Is Likely to Spread

  

  With rules governing stablecoins under development in the U.S. Congress, there are now at least 14 countries and regions worldwide that have established or are considering regulations for the digital currency. The need for regulations in jurisdictions around the globe comes as stablecoins grow in awareness and usage and pose …
• 19 June

  The Future of Stablecoins Hangs on Action From Congress

  

  With action Tuesday by the U.S. Senate to pass the GENIUS Act, the move to establish rules that would govern the burgeoning stablecoin industry now transits to the U.S. House of Representatives, where lawmakers have developed their own set of rules, the STABLE Act. Meanwhile, stablecoin-market participants are looking to the …
• 19 June

  LendingClub’s New Debit Card and other Digital Transactions News briefs from 6/19/25

  

  LendingClub Corp. said its LendingClub Bank unit introduced LevelUp Checking, which includes a debit card. LendingClub specializes in personal loans. LevelUp Checking users with one of these personal loans could receive up to 2% of their monthly payment in cash back when making on-time payments from the checking account. HungerRush, a …
• 17 June

  U.S. Consumers Embrace Digital Remittances, According to Visa Research

  

  Some 55% of remittance-sending consumers expect to send more or the same amount of money overseas in 2025, says Visa Inc.’s “2025 Digital Remittances Adoption Report.” In 2024, global remittances totaled $905 billion, up from $865 billion in 2023, according to the World Bank, a 4.6% increase. In the United …
• 17 June

  NFC Range up 4X and other Digital Transactions News briefs from 6/17/25

  

  The NFC Forum, a global standards body for near-field communication technology, issued Release 15, which extends the range of certified compliant NFC contactless connections up to 2 centimeters, four times greater than the current standard 0.5 centimeters. Some 97% of decision-makers in the hospitality industry said they are confident about …
• 16 June

  Comerica Bank Adopts RTP’s OBO and other Digital Transactions News briefs from 6/16/25

  

  Comerica Bank said it will be an early adopter of On-Behalf-Of-Payments (OBO) on The Clearing House Payments Co.’s RTP network, a real-time payments platform. OBO payments are originated by a sender acting on behalf of another person. SpotOn, a processor specializing in point-of-sale payments for restaurants, announced GoTo Place, a mobile-first …