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- Nacha, the automated clearing house rule maker, is soliciting feedback on potentially increasing the transaction size of a same-day ACH payment from $1 million to $10 million. Comments are being accepted through Dec. 18.
- Steamboat Capital sent an open letter to the directors of Priority Technology Holdings Inc. expressing disappointment in an offer from chief executive Tom Priore to take the payments company private, deeming Priore’s offer of $6.00 to $6.15 per share a “low-ball” proposal. Steamboat owns or advises entities that own 1.4 million shares of Priority.
- Global Payments Inc. said it will integrate Uber Eats, the food-delivery service, into Genius, Global’s point-of-sale platform.
- Some 36% of consumers who don’t usually shop at small businesses said they would if the stores offered the same payments services as large merchants, according to the sixth annual Consumer Holiday Spending Study, developed by the Electronic Transactions Association and the consultancy TSG (formerly The Strawhecker Group). The research canvassed 1,027 U.S. consumers in September.
- Some 24% of U.S. credit card holders have experienced fraud on their accounts in the past 12 months, yet 29% of cardholders are not taking steps to guard against fraud, according to the J.D. Power 2025 U.S. Financial Protection Satisfaction Study, which surveyed more than 40,000 U.S. banking and card customers between September 2024 and September 2025.
- Canada’s Digital Commerce Bank announced it is the first bank to launch Interac e-Transfer Cards, a money-transfer product from Canada’s national debit network.
- Payment card manufacturer CPI Card Group Inc. has integrated its instant-issuance platform, Card@Once, with Nymbus, a provider of core-banking technology, a move that allows financial institutions that use Nymbus to quickly print and activate payment cards in the branch.
- Gift platform Nift said it is expanding outside of the United States in a deal with Clearpay, a buy now, pay later provider in the United Kingdom that is known as Afterpay elsewhere. Afterpay is part of Block Inc.
- Block kicked off its “Bitcoin is Everyday Money” campaign urging a tax exemption for bitcoin, which under current law is treated as property. Almost 50 million Americans now own bitcoin, Block says.
- Organic Payment Gateways said its payment processing services are now integrated with BigCommerce e-commerce platform for Farm Bill-compliant cannabis seed merchants.
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