Digital Transactions Authoritative, insightful and timely information for payments professionals
International expansion of U.S. real-time payment services seems to be at hand as FedNow, the instant-payment service operated by the Federal Reserve, prepares to test cross-border transactions. Announced Wednesday, the test will involve a group of organizations that were not named. They will test “FedNow enhanced message formats that facilitates …
September, 2026
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24 September
A Judge’s Ruling Re-Ignites a Fierce Battle Over Interchange
A federal court ruling issued Tuesday has re-ignited a longstanding dispute over the question whether tips and tax can be exempted from the calculation of interchange merchants pay on credit card transactions in Illinois following that state’s adoption in 2024 of the Illinois Fee Prohibition Act. The controversial act is …
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24 September
Scooter’s Opts for Olo and other Digital Transactions News briefs from 9/24/26
Scooter’s Coffee, a drive-through chain with more than 900 locations in 32 states, is using restaurant-payments specialist Olo to run its digital-ordering service, Olo announced. SumUp has launched U.S. POS Plus, a subscription-based point-of-sale technology offering for small café and restaurant businesses. Square, the merchant services arm of Block Inc., said its sellers …
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23 September
Consumers Yearn for Cheaper And Faster Remittances, Visa Finds
Remittances across borders are a welcome but expensive cross-border payment service for many, finds a new Visa Inc. report, “Money Travels 2026.” With the U.S. alone sending $107.1 billion in outbound remittances in 2025, according to World Bank data, remittances can have a significant impact on recipients. Yet, many have …
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23 September
Track Rabbit And Fiserv Clock Event Wins
Sometimes a fully scaled, massive payments machine isn’t necessary, leaving organizers of semi-informal events to run their own payments options. Now, event organizers who don’t want to be restricted to a single payments provider are a target audience for Track Rabbit, an event manager and payments platform. In an unusual move …
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23 September
NMI Expands Capital Program and other Digital Transactions News briefs from 9/23/26
Processor NMI said it has expanded its NMI Business Capital program, offering new term loans and starter offers that ISOs, software companies, and software-as-a-service companies can offer merchants. U.S. consumers now expect AI agents to conduct 15% of their transactions, up from 9% a year ago, while 45% of Americans have used …
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22 September
Fanatics Names Afterpay to Preferred BNPL List; Landmark Global’s Shopify App Debuts
With the e-commerce arena weeks away from one of its busiest times of the year, retailers and vendors are readying their checkouts. Sports apparel merchant Fanatics Inc. says Afterpay is its preferred buy now, pay later provider and Landmark Global, which helps merchants with cross-border e-commerce transactions, says its new …
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22 September
ACI Adopts Tokenized Deposits, While SoFi Looks to Stablecoin Settlement
ACI Worldwide Inc. early Tuesday said banks will be able to process payments via tokenized deposits as well as traditional payment methods through its move to add Swift ledger transactions to its ACI Connetic payments hub. The international payments network Swift introduced its blockchain-based ledger last year. The move comes …
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22 September
Sam’s Club Picks InComm Deals and other Digital Transactions News briefs from 9/22/26
InComm Payments said Sam’s Club, a unit of Walmart Inc., will use its InComm Generated Offers service to create personalized digital offers that are authenticated and redeemed in real time at the checkout. Banking services provider Finzly said it received certification for request for payment transactions on the RTP network, an Early Warning …
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21 September
Eye on AI: Juniper Forecasts AI-Fueled Banking Fraud; True Fit Sizes up Glance
Consumers and merchants may stand to benefit in many ways from agentic commerce and artificial intelligence, but fraudsters may also see what they consider plusses of the data-centric technology, with Juniper Research forecasting global fraudulent transactions in digital banking and money transfer surpassing 2.2 billion by 2031, influenced by the …
