News

August, 2026

• 20 August

  Intrigued by AI for Shopping, Many Consumers Spurn it for Financial Actions

  

  A new report from Experian appears to illuminate a key issue for artificial intelligence in commerce. Consumers may be more comfortable using it for product discovery, comparisons, and recommendations, but many lack trust in handing AI financial-services decisions. Experian, in its 11th annual Identity and Fraud Report, found that 31% …
• 20 August

  How Recurly And Justt Are Looking to Fight Subscription Chargebacks

  

  Chargebacks have plagued the card-payments economy for years, leading payments providers to seek solutions, often to no avail. The latest move involves subscriptions, with Recurly early Thursday announcing an integration with Justt, a company that helps sellers manage chargebacks, to reduce losses on a problem that drains significant revenue for …
• 20 August

  Repay’s Visa Connection and other Digital Transactions News briefs from 8/20/26

  

  Payments provider Repay Holdings Corp. announced it has a reseller agreement with Visa Platform Connect, a service that lets acquirers and independent software vendors link directly to the Visa Acceptance Platform and VisaNet. Ninety-one percent of Canadian consumers fear their online data could be used to make impersonation easier or disclose answers to …
• 19 August

  PayPal Makes More Inroads in Higher Education Payments

  

  PayPal Holdings Inc. is banking that it will have a seat on more college campuses with its integration with Illumia, Nelnet Campus Commerce, and TouchNet, payments providers to higher education institutions. TouchNet is owned by Global Payments Inc. PayPal says its PayPal and Venmo wallets can now be used for …
• 19 August

  Kraken Debuts in the U.S. a Debit Card Backed by 600-Plus Fiat And Digital Assets

  

  The digital-asset trading platform Kraken announced the U.S. launch of its Krak Card, a debit card that allows users to conduct transactions in cash and digital currencies. Issued by Kansas City, Mo.-based Lead Bank, the card can be used at Visa-accepting merchants and offers up to 2% cash back. Stripe Issuing …
• 19 August

  Jack Henry’s Profit up 10% and other Digital Transactions News briefs from 8/19/26

  

  Banking services and processor Jack Henry & Associates Inc. reported $2.54 billion in revenue for fiscal 2026, which ended June 30, up 6.7% from $2.38 billion in 2025. Net income for the year of $502.8 million increased 10.3% from $455.7 million the year prior. In the fourth quarter, Jack Henry had $644 …
• 18 August

  Building a successful payments strategy: How ISOs and ISVs can drive scalable growth together

  

  The future is not ISOs versus ISVs. It’s ISOs and ISVs working together. By: Josh Bennett, Vice President of Partner Business Development – U.S. Bank | Elavon The payments industry continues to evolve at a rapid pace, driven by innovations such as agentic commerce, instant payments, and embedded financial services. …
• 18 August

  Full-Service Payments Provider vs Retail or Wholesale ISO or PayFac-as-a-Service: Why the Difference Matters

  

  “White-label” has become a popular term in the payments ecosystem, alongside ISO, PayFac, and PayFac-as-a-Service. There are many ways to bring a branded payments experience to the market. Some providers own the underwriting, risk, and operational infrastructure behind that experience. Others rely on a third party to provide these functions.While …
• 18 August

  Card-on-File Is the Top Use of Debit Cards, SoFi Report Says

  

  Using a debit card as a card-on-file payment accounted for 25% of debit transactions made in the second quarter, says the SoFi Tech Solutions Debit Spend Index. That’s up from 24% in the first quarter, and marks the payment method’s rise past card-not-present debit transactions as the most popular. SoFi …
• 18 August

  COMMENTARY: Stablecoin Adoption Doesn’t Have To Be a Deposit Retention Problem

  

  When people discuss mainstream stablecoin adoption, the conversation usually focuses on payments: Will consumers pay with stablecoins? Will merchants accept them? Will blockchain replace card networks? The bigger challenge is not payments—it is deposits. The real battle is where money lives, not how it moves. Banks have spent decades building …