Point-of-sale system maker Lightspeed Commerce Inc.’s transaction-based revenue jumped 33.5%, according to the company’s fiscal second quarter results ended Sept. 30. Meanwhile rival NCR Voyix Corp. posted $1.1 billion in net income in its third-quarter revenue, reversing a year-ago loss. Montreal-based Lightspeed says its transaction-based revenue totaled $183.8 million in …

Processor Shift4 Payments Inc. said it will integrate payment-issuance technology from payments provider ConnexPay for online travel agencies operating in the United Kingdom and Europe. The Dow Jones Industrial Average gained 1,100 points in early trading Wednesday as at least five payments companies—including Visa Inc. and American Express Co.—reached all-time highs. The skyrocketing market …

We know you’re not looking for problems. But they are looking for you. Herewith our annual catalog of the ones causing the most headaches. Each year in the fall, as the grass turns brown and the trees shed their leaves, the editors of Digital Transactions start their deliberations over an …

Despite the dark cloud the U.S. Department of Justice’s recent lawsuit over Visa Inc.’s debit business has cast over the network, Visa finished its fiscal year 2024 on a strong note. Among the highlights during Visa’s earnings call late Tuesday were growth in credentials, tokens, and merchant locations, along with …

With the holiday shopping season about to start in earnest, payments companies are preparing their clients—merchants and issuers—for the increased volume of both legitimate and fraudulent transactions. New checkout entrant Paze says with more than 125 million cards enrolled in the e-commerce payment option it anticipates reaching the goal of …

PayPal Holding Inc.’s top management early Tuesday wasted no time extolling the early returns on several initiatives the payments company has launched in recent weeks to reinvigorate growth at the 26-year-old company. Chief executive Alex Chriss, in office for barely more than a year, made it clear he is exercising …

Mastercard Inc. announced early Friday it is expanding its Installments payments program to all eligible digital points of sale within its network in the United States. The expansion will enable merchants, financial service providers, payment processors, and digital-wallet providers to present installment offers to consumers through any eligible credit card …

Account-to-account payments provider Dwolla Inc. is readying itself for more pay-by-bank business with an expanded integration to open-banking platform Plaid Inc. Des Moines, Iowa-based Dwolla says the integration, which is scheduled to go live in early 2025, will make Plaid’s instant account-verification and risk-assessment services available in Dwolla’s pay by …

The Consumer Financial Protection Bureau has fined Goldman Sachs “at least” $19.8 million in redress and assessed the company a $45 million civil-money penalty, while at the same time ordering Apple Inc. to pay a $25-million civil money penalty. The agency has also banned Goldman from introducing a new credit card …

Block Inc.’s Square point-of-sale technology unit announced late Tuesday it completed development work on a new platform it says offers improvements in ordering and payments. According to the brief announcement, the new technology offerings will include capabilities such as pre-authorization of transactions and bar tabs “to sellers of all sizes …