Transaction Processing

SoFi Bank N.A. has enlisted Galileo Financial Technologies LLC to offer real-time send and receive capabilities every day, including weekends and holidays, through FedNow. As a result, SoFi customers will be able to move money between their accounts at different banks in seconds, instead of waiting for ACH transfers to …

Already known for its payment-processing services to merchants, Payroc LLC has added Jeanne D’Arc Credit Union, with its more than 100,000 members, as a payment-processing client. Announced Monday, the partnership sees Tinley Park, Ill.-based Payroc serving the credit union’s business clients with point-of-sale systems, online payments, electronic invoicing, and other …

A partnership between Visa Inc. and insurance-technology firm Neat will allow cardholders in Europe to use new insurance services, including digital claims processing. Repay Holdings Corp. released a statement defending its $372-million deal to acquire Kubra Data Transfer Ltd., announced March 31. The statement responds to objections from Repay investor Veradace Partners, which …

Square, Block Inc.’s point-of-sale payments unit, continues to focus on growing its POS business in the wake of its decision earlier this year to reduce its workforce by more than 40%. The latest deal is an expansion of an existing relationship with Birch Coffee, a New York City-based coffee chain. …

Two venues at Resorts World Las Vegas will adopt point-of-sale technology from Ordr Technologies. Salt Lake City, Utah-based Ordr says the Zouk Nightclub and Ayu Dayclub venues at the Resorts World property will take advantage of Ordr’s artificial intelligence-capable POS system to unify all elements of the transaction, including the …

Intuit Inc. is among the latest corporations to receive FedNow certification, a necessary step to begin offering real-time payments to its clients via the Federal Reserve’s system. Announced Thursday, the certification means Intuit, owner of business-accounting program QuickBooks and other financial-technology services, will be able to partner with financial institutions …

Synthetic-identity fraud was the fastest growing type of fraud in 2025, accounting for 11% of total fraud globally, an eight-fold increase from 2024, says LexisNexis Risk Solutions’ annual cybercrime report. The explosion in synthetic identity fraud—which occurs when a criminal blends pieces of information belonging to multiple consumers to craft …

With nearly 60% of consumers willing to travel to experience live music, according to a Live Nation survey, ticketing could be a beneficial segment for acquirers to pursue. Bluefin Payment Systems and Agile Ticketing Solutions are continuing to court ticketing companies with the expansion of their deal to now support …

Helium Ventures said it has acquired Maroo Inc., a payments platform specializing in weddings and events and serving more than 13,000 businesses. Terms were not disclosed. Fraud-prevention platform Fingerprint said recommendations based on artificial intelligence are now available on its Suspect Score service, a move the company said improves detection accuracy. O Bee …