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- The Consumer Financial Protection Bureau may revisit its new open banking rule, according to a report on Bloomberg Law, which indicated the review likely comes as banks ask about the potential liability for data breaches and being able to charge for access to their data. Bloomberg said it’s uncertain if the existing rule will be amended or eliminated.
- Processor Global Payments Inc. posted first quarter 2025 revenue of $2.41 billion, down 0.4% from $2.42 billion in the same quarter a year ago. Quarterly net income of $312.8 million was down 3.2% from $323.1 million last year.
- Priority Technology Holdings Inc., which recently said its Priority Sports landed ticket sales for the Minnesota Wild, posted first quarter revenue of $224.6 million, a 9.2% increase from $205.7 million in the year-ago quarter. Its net income of $8.3 million was up 59.6% from $5.2 million in the 2024 first quarter.
- Payments provider Deluxe Corp. relaunched Deluxe.connect, its developer portal, that now includes a new interface, better page load times, and a streamlined onboarding flow.
- E-commerce platform BigCommerce said Klarna AB, a buy now, pay later provider, is a global preferred payments partner.
- Ride-share service Uber will allow users in the United Kingdom to use cash to pay for fares, the BBC reported.
- Business-to-business car rental and mobility technology provider CarTrawler found in an analysis of its first quarter data that credit card use for car rentals was at 85% globally in March, down from 90% year-over-year, as alternative payment method use increased.
- Nuvei Corp. added additional integration with the Sage Intacct Construction Real Estate (CRE) software for the construction industry.
- Billing and payments provider InvoiceCloud launched its embedded generative and agentic artificial intelligence technologies within its electronic bill presentment and payment platform. Agentic AI can act autonomously, often without constant human guidance.
- AffiniPay, a legal practice management software provider, named Leslie Witt chief product officer. Witt is a former Headspace and Intuit executive.
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