Transaction Processing

Freightos, a freight booking and payments platform, has added Canada-based WestJet Cargo as a client. Visa Inc. announced a partnership with fintech DealMe to enable Visa cardholders in Vietnam to access real-time installment offers from merchants in South Korea, which is a top travel destination for Vietnamese travelers. Payments and data …

Bold Commerce Inc., a developer of e-commerce checkout software, has added two integrations to OpenCart and Gravity Forms to enable small and mid-size businesses using those platforms to accept any PayPal payment option, including Fastlane and Venmo.   OpenCart is a free, open-source platform for building and managing online stores. Gravity Forms …

Top executives at American Express Co. early Friday celebrated the final quarter of what they said was a year to remember. “We delivered record revenue, record net income, and new records in many categories,” including all-time-high cardholder spending, AmEx chief executive Steve Squeri told equity analysts during a conference call …

Merchants are increasingly levying surcharges on purchases made with credit cards to help offset processing fees, a new study from J.D. Power finds. Some 34% of merchants surveyed are adding surcharges for credit card transactions, the study says. The study also found that flat-rate pricing lends merchants greater impetus to …

Fiserv Inc. early Thursday announced Michael P. Lyons will take over as chief executive at Fiserv Inc., replacing Frank Bisginano. Lyons, who is also taking on the office of president at the Milwaukee-based company, arrives from PNC Financial Services Group, a Fiserv client, where he was president and a key …

Discover Financial Services reported payments volume of $102 billion for the fourth quarter of 2024, up 4% year-over-year, including a 7% rise for the Pulse electronic funds transfer network and a 9% increase for Diners Club. Overall, the company reported a 14% increase in revenue net of interest expense, to $4.76 …

Payments provider Global Electronic Technology Inc., known as Gettrx, launched a white- label platform for agents, independent sales organizations, and independent software vendors that could help them compete against larger payment processors. The platform, called Gettrx One, enables agents, ISOs, and ISVs to market the service under their brand at …

The Maryland legislature held a hearing late Tuesday on a bill prohibiting interchange from being charged on sales tax and gratuities linked to credit and debit card transactions. The bill, introduced by Delegates Todd Morgan and Brian Crosby, is the latest in what is expected to be a flurry of …

Cardworks Inc. and its banking unit, Merrick Bank, have agreed to acquire Ally Financial Inc.’s credit card portfolio. The business includes $2.3 billion in receivables and serves 1.3 million active cardholders. Terms were not announced. The card-issuing platform Marqeta Inc. is supporting efforts by Trading 212, a developer of financial apps, to launch …

Agilysys Inc., a provider of hospitality solutions, is implementing 13 integrated software solutions at Kiva Dunes, a golf resort located in Gulf Shores, Ala., intended to optimize per guest revenue, automate administrative tasks, and improve the guest experience. Agilysys’ applications, which includes point-of-sale software, will eliminate repetitive administrative tasks across …