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Cross River Teams With Stripe on Issuance for Agentic Commerce
FedNow Marks a Third Anniversary Tally at More Than 1,800 Banks and Credit Unions
Three years since FedNow’s launch, the real-time payment network from the Federal Reserve says the number of banks and credit unions enrolled in it now tops 1,800. That’s 200 more than in January, when it counted more than 1,600 participating financial institutions. That tally includes seven of the 10 largest …
Read More »Square Enlists ChatGPT And Claude for Its AI Push
Square, the point-of-sale unit of the payments provider Block Inc., said early Wednesday it is plunging head-first into AI in an effort to build business for its client merchants. The company said it has adopted an app for OpenAI Group’s ChatGPT and a plugin for Anthropic’s Claude technology to help …
Read More »Klarna Is Victor over Google and other Digital Transactions News briefs from 7/1/26
Klarna AB said its PriceRunner price-comparison service has won $1.97 billion in damages in its case against Google. PriceRunner had accused the online search giant of exercising preferential treatment for its own comparison shopping platform, causing lost revenue for PriceRunner. Klarna acquired PriceRunner in 2022 for $124.36 million. Bed Bath & Beyond Inc. …
Read More »Visa Expands the Smart Phone’s Role in Payment Acceptance
Visa Inc. has taken steps to make smart phones a more readily available way for merchants, especially micro-size ones, to digitally accept payments with updates to Visa Pay, Visa Accept, and Visa Direct. With Visa Accept, announced in April 2025, Visa makes it easier for these small sellers to get …
Read More »How Payment Friction Puts a Damper on Travel As Summer Sets in
The summer travel season has arrived, promising big volume uplifts for payments processors. But wonky payments, checkout letdowns, and fraud fears could lead to less volume than travel companies expect, according to a pair of travel reports released Tuesday. So far, demand looks strong. Some 91% of consumers are planning …
Read More »Repay’s Latest Bid and other Digital Transactions News briefs from 6/30/26
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 …
Read More »Sherwin-Williams Adds Square for its Pro+ Members
Contractors enrolled in the Sherwin-Williams Pro+ service now have access to Square’s business management, invoicing, and payment-acceptance services via the Sherwin-Williams Digital Alliance Program. This program offers professional painters, contractors, and designers in the Pro+ service access to a variety of business tools. Square is the latest addition. Others include …
Read More »A Survey Shows a Need to Bolster Trust in Agentic Commerce
No sooner has agentic commerce entered the domain of digital payments than questions have sprung up regarding issues of trust and identity. The trust issue in particular came to the fore early Monday with survey results indicating that just 19% of adult consumers in the U.K. trust that AI agents …
Read More »Tech Firms Begin to Tackle the AI Fraud Question
The growing prominence of agentic commerce has raised questions about the potential for fraud in these transactions, and in particular the problem of verifying who is behind the agents. Now, technology is emerging to address that question. In one example, Boston-based Notarize Inc., which does business as Proof, introduced on …
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