Transaction Processing

Online shoppers spent a record $24.1 billion during Amazon.com Inc.’s annual Prime Day sales event, a more than 30% increase from a year ago, according to data compiled by Adobe Analytics, which tracks the epic sales event. The final sales tally for the four-day extravaganza was more than twice what …

Zelle, the 7-year-old peer-to-peer payments service, has added another 178 banks and credit unions to its list of Zelle participants, the service announced Monday. Zelle, launched in 2017 by Early Warning Services LLC, says this bumps to more than 2,300 the number of financial institutions that offer the service. Zelle …

Pappas Restaurants said it has selected Tabit as its core technology provider for all of its dining chains. These include Pappadeaux’s Seafood Kitchen, Pappasito’s Cantina, Pappas Bros. Steakhouse, and Pappas Bar-B-Q. The offering includes a heavy emphasis on a mobile point of sale. Fiserv Inc. announced it has added workforce-management capabilities to its …

Caesars Sportsbook is rolling out a universal digital wallet for its mobile betting app that will allow Nevada-based users to fund their wagers directly from their smart phones or tablets. Users will also be able to manage their funds and Caesars rewards through the wallet and track their activity across …

The point-of-sale provider Helcim Inc. launched Smart Terminal, a handheld POS device aimed at smaller merchants. Under a new agreement, acquirer Sona said it will offer merchant services to businesses that are members of Vancity, said to be one of Canada’s largest credit unions. Sona was acquired last year by Celero Commerce. The law …

New Generation, a technology company that creates AI-native storefronts for merchants, unveiled its agentic-commerce platform early Thursday. The platform allows AI agents to securely check out from merchant Web sites. The company is working with Visa Inc. to enable payments through its platform, handle identity checks, and provide fraud protection …

Paze, the digital wallet from Early Warning Services LLC, says it is working with Payfinia, a unit of banking-services provider Tyfone Inc., to expand its reach. Payfinia, formed by Tyfone in 2024 to provide real-time payments technology, has helped line up Star One Credit Union, a Sunnyvale, Calif.-based financial institution, …

Amazon.com Inc.’s Prime Day online shopping extravaganza got off to a record-setting start Tuesday, and without much of an assist from inflation. The day saw $7.9 billion in spending, up 9.9% from the same day last year, according to data compiled by Adobe Analytics, which tracks the annual event. The …

QR code payments have taken a big step towards becoming not only a mainstream payment option but also one that can accelerate the adoption of real-time payments. Late last week, the technology was used to facilitate a transaction over the FedNow network using the X9 standard. The demonstration transferred funds in …

The Federal Trade Commission’s negative option rule, or click to cancel rule, for subscription management, has been struck down by the U.S. Court of Appeals for the Eighth Circuit because the FTC did not follow procedures for creating the rule, The Hill reported. The rule was set to start July 14, having been delayed …