Transaction Processing

Sports-and-entertainment consultancy Liberty Sports Group says it will work with Shift4 Payments Inc., enabling the point-of-sale and payments specialist to be its exclusive technology partner. In related news, SpotOn Transact LLC says Adalina Prime, a new steakhouse from the well-known Adalina restaurant in Chicago, will use its POS technology. New …

Black Friday through Cyber Monday shopping generated a 10% rise year-over-year for Block Inc.’s Square, Cash App, and Afterpay payments properties, to 124 million transactions, the company reported. Payments processor Nuvei Corp. announced it is expanding a partnership with Microsoft Corp. to enable its core payment processing APIs to run on Microsoft Axure and use Azure AI to …

Consumer spending is expected to remain strong on Cyber Monday, after merchants saw robust holiday sales over Thanksgiving weekend. Shoppers in the United States are projected to spend $14.2 billion online on Cyber Monday, a 6.3% increase from a year ago, says Adobe Analytics. Spending is expected to peak at $16 …

Merchants processing with Kurv, which was known as Electronic Merchant Systems until November, have a new option and a new app. In related news, the airline Lufthansa Group is adding Klarna AB’s buy now, pay later options via a Klarna and Adyen NV integration. Cleveland-based Kurv debuted a merchant app …

Klarna AB said its U.S. processing volume across all product categories was up a record 45% for November through Black Friday. Absolute figures were not immediately available. Black Friday sales data from Accertify Inc. indicate consumers spent $115.46 per transaction on average, down 17% from last year, while initiating 52.5 million transactions, up …

Online shoppers have spent $79.7 billion in the first 23 days of the 2025 holiday shopping season, a 7.5% year-over-year increase, Adobe Analytics finds. Within that period, online shoppers spent more than $3 billion in a single day on 22 days, up two days from last year. Discounts played a big …

Having just Tuesday activated PayPal acceptance within the Perplexity.AI artificial-intelligence engine, electronics retailer Newegg is one of the first sellers to integrate PayPal Holdings Inc.’s agentic-commerce services. This means consumers can discover and purchase Newegg products directly inside Perplexity and potentially other AI-shopping environments. A form of e-commerce, agentic commerce …

Fraud and scams have grown into a “pressing concern” for users of digital payments in the Caribbean and Latin America, according to a regional survey report released by Mastercard Inc. The research effort queried 3,577 adults in 12 countries in October. Mastercard has launched Mastercard Access Pass, aimed at allowing card issuers to …

Worldpay LLC has launched an open-source standard to help developers create artificial intelligence-based commerce agents and connect AI apps to external systems. The standard, known as the Model Context Protocol, enables such AI apps as ChatGPT to connect to databases, search engines, and workflows, or specialized prompts, to access information …