Transaction Processing

Fraud-detection service Sift said its Sift Global Network saw transaction volume increase 18% in 2025, though payment fraud attempt rates held at about 3.25%, despite new fraud opportunities arising from new payment methods emerging in the market. The company credits better transaction monitoring and controls. The digital financial-services provider SoFi Technologies Inc. has launched SoFi …

Elavon Inc., the merchant-services subsidiary of U.S. Bancorp, has expanded its relationship with embedded-finance platform provider Liberis US Inc. to offer its Quick Capital service to merchants in Canada. The expansion will enable small and medium-size businesses in Canada to access funding through Elavon’s merchant portal. The move is expected …

Visa Inc. released six new or updated dispute-resolution services, a year after acquirers became subject to the then-new Visa Acquirer Monitoring Program. Known as VAMP, the program, according to Visa, consolidated five fraud and dispute programs and reduced 38 distinct remediation processes into one program. According to Oscar Bello, Chargeback …

A fintech startup called CARD91 launched VerifyIQ, an AI-based identity-verification tool for card issuance, account opening, and other applications. BitRail LLC, a provider of digital wallets and payment technology, said it has added new services in partnership with the processor PaymentLock Inc., including branded online checkout and pay-now buttons, a virtual terminal, …

Firms looking to bring stablecoins and other cryptocurrencies into the payments mainstream are working a variety of angles, as illustrated by news on multiple fronts that emerged early Tuesday. Convera USA LLC, a business-to-business payments platform and provider of foreign-exchange services, announced it will work with Ripple Labs Inc. to …

Repay Holdings Corp. said it has agreed to pay approximately $372 million to acquire Kubra Data Transfer LTD., a provider of bill-payment technology with more than 250 clients. The payment will be financed with cash on hand and debt financing, Repay said. Payway Inc., a developer of payment software, said its …

Digital-payments provider Wirex has expanded its relationship with Crossmint Inc., a stablecoin and wallet-technology provider, to connect Wirex’s card-issuance platform directly with Crossmint’s smart wallet and stablecoin-orchestration platform. The expanded relationship will make it easier for consumers to spend stablecoins directly from their digital wallets by streamlining fintechs’ cumbersome process …

Zelle, the peer-to-peer payment service from Early Warning Services LLC, is renewing its effort to bring more minority deposit institutions, be they banks or credit unions, into its program. Announced Monday, this year’s effort again works with credit union service organization Velera to recruit financial institutions that primarily provide services …

Metro Credit Union will install the nFinia Digital Banking Platform from banking and payments technology provider Tyfone Inc., citing a need for faster-payments and open-banking capabilities. Governments are finding that while they can create digital payment services getting people to use them is another story. 78% of agencies are now offering …

The average ransomware demand soared 70% to $4.24 million last year, while the average payment was up 36% to $682,702. Meanwhile, phishing remains the leading root cause of data-security incidents, accounting for 30%, according to the 12th annual “Data Security Incident Response Report” released late Thursday by the law firm …