Digital Transactions Authoritative, insightful and timely information for payments professionals
X said it has become the first U.S. social-media platform to embed FDIC-insured, interest-bearing accounts, a Visa debit card, and other payments services. The move arises from a link between X Money and Cross River Bank. Working with equipifi, a buy now, pay later platform provider for financial institutions, MIT Federal Credit …
July, 2026
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27 July
Use Case Evolution Is One Factor in RTP’s Instant Payments Growth
Business-to-business payments were one of the first use cases for instant payments when the RTP network from The Clearing House Payments Co. LLC debuted in 2017. As more businesses and consumers want to use such services, the use cases are evolving, with digital wallets—like PayPal and Venmo—now being the largest …
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27 July
Flexible Finance’s Bank Option and other Digital Transactions News briefs from 7/27/26
Flexible Finance Inc. announced it has submitted applications to the Federal Deposit Insurance Corp. and the Utah Department of Financial Institutions for a charter for Flex Bank, a Utah state-chartered industrial bank. Flexible Finance is the company behind Flex Rent, which says it has processed more than $40 billion in rent payments for …
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24 July
Kurv Agent Targets Simplicity for Sales Agents
Payments provider Kurv is applying the notion of all-in-one access not just for its merchants, but for its sales agents, too, with the release of Kurv Agent. The online portal contains several tools that agents might have had to access one-by-one. Among the suite of tools is the ability to …
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24 July
Mastercard Tweaks Virtual Card Program and other Digital Transactions News briefs from 7/24/26
Mastercard Inc. unveiled enhancements to Mastercard in Control, its platform for virtual card numbers, including advanced virtual card controls and a single connection to the payments network’s network of embedded-payments partners. Point-of-sale platform Lightspeed Commerce Inc. launched its Lightspeed with Meta Conversions API for Lightspeed Retail. The utility helps merchants understand how Meta ads …
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23 July
Eye on POS: Verifone’s Move Against Skimming; SUNMI’s Multifunctional POS
Verifone Inc. announced early Thursday it has been awarded a U. S. patent on technology that protects point-of-sale terminals and unattended payment devices from card skimming. The move comes as estimates indicate skimming losses grew 5% last year, reaching approximately $1 billion in the U.S. market. In skimming attacks, bad …
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23 July
Early Warning Lawsuit Dismissal Denied other Digital Transactions News briefs from 7/23/26
A New York state lawsuit filed against Early Warning Services LLC and its Zelle peer-to-peer platform can continue, a judge ruled this week. Filed in August, the suit alleged Zelle failed to protect users from fraud. Zelle intends to appeal, Reuters reported. Forty-five percent of U.S. households expect to use a buy now, pay …
