Digital Transactions Authoritative, insightful and timely information for payments professionals
Southwest Airlines Co. is adding Klarna AB’s buy now, pay later options to its suite of payment methods. It’s the first time Southwest has accepted Klarna. Expected to be available later this year, the Klarna BNPL option will supplement a Flexpay installment option Southwest already offers, a Klarna spokesperson says. …
July, 2026
-
7 July
A Big-Bank Consortium Looks to Buy a Debit Network From Fiserv
The economics of proprietary debit networks appears to be asserting itself as a consortium of big banks is reportedly looking to acquire a debit card system from Fiserv Inc. The banking group, which includes JPMorgan Chase, Bank of America, Wells Fargo, and PNC Financial Services Group, has had “tentative discussions” …
-
7 July
Pizza Ranch Picks NCR Voyix and other Digital Transactions News briefs from 7/7/26
NCR Voyix Corp. has agreed to serve as the exclusive point-of-sale technology provider for Pizza Ranch Inc. at both company-owned and franchise locations. The chain operates 221 restaurants across 15 states. Cambria County Transit Authority in Pennsylvania said it has worked with transit-technology platform Modeshift to launch an account-based fare-collection platform throughout its network. …
-
6 July
Klarna Applies to Start a Utah-Based Bank
The buy now, pay later specialist Klarna AB said early Monday it has submitted applications with U.S. regulators to start an industrial bank called Klarna Bank USA. The company’s applications, filed with the Federal Deposit Insurance Corp. as well as the Utah Department of Financial Institutions, follow its move toward banking in …
-
6 July
COMMENTARY: The SaaS Playbook Built Your Finance Stack. AI Is Breaking It.
Finance teams spent a decade assembling best-of-breed tools. One for AR. Another for AP, treasury, FP&A, etc. The SaaS era rewarded this specialization: find a workflow, own it, expand from there. Point solutions won by going deep on single workflows. I spent decades building the billing systems that finance teams …
-
2 July
Eye on Loyalty: Leaving Gas Discounts on the Table; AmEx And Apple Pay
Only a fraction of U.S. drivers redeemed rewards on millions of eligible gasoline-purchase transactions in June, payment-technology provider Verifone Inc. says following a study of its gas-station merchant base. Meanwhile, American Express Co. reported Wednesday that it has enhanced its Membership Rewards program by allowing cardholders to redeem points directly …
-
1 July
FedNow Marks a Third Anniversary Tally at More Than 1,800 Banks and Credit Unions
Three years since FedNow’s launch, the real-time payment network from the Federal Reserve says the number of banks and credit unions enrolled in it now tops 1,800. That’s 200 more than in January, when it counted more than 1,600 participating financial institutions. That tally includes seven of the 10 largest …
-
1 July
Square Enlists ChatGPT And Claude for Its AI Push
Square, the point-of-sale unit of the payments provider Block Inc., said early Wednesday it is plunging head-first into AI in an effort to build business for its client merchants. The company said it has adopted an app for OpenAI Group’s ChatGPT and a plugin for Anthropic’s Claude technology to help …
-
1 July
Klarna Is Victor over Google and other Digital Transactions News briefs from 7/1/26
Klarna AB said its PriceRunner price-comparison service has won $1.97 billion in damages in its case against Google. PriceRunner had accused the online search giant of exercising preferential treatment for its own comparison shopping platform, causing lost revenue for PriceRunner. Klarna acquired PriceRunner in 2022 for $124.36 million. Bed Bath & Beyond Inc. …
