Digital Transactions Authoritative, insightful and timely information for payments professionals
Payment processor Adyen will tap the expertise of analytics and consultancy firm TSG to help its merchants tailor payments applications to their needs. In related news, Valor PayTech is teaming with 4LeafLabs to create what it calls an affordable point-of-sale service for small businesses. Adyen, a Netherlands-based processor initially known …
September, 2025
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26 September
Fiserv Acquires Smith Consulting Group and other Digital Transactions News briefs from 9/26/25
Fiserv Inc. said it has acquired Smith Consulting Group, a Lake Mary, Fla.-based advisory service for community banks and credit unions. Terms were not disclosed. Reverb, a marketplace for musicians, has introduced its Reverb Wallet, which allows sellers to use marketplace earnings to buy new musical gear. The wallet was developed …
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25 September
Citi Teams With Dandelion to Enable Cross Border Payments to Digital Wallets
Citigroup Inc. is partnering with Dandelion Payments Inc., a real-time, cross-border payments network, to enable near-instant, full-value cross-border payments into digital wallets globally. Dandelion will integrate Citi’s WorldLink Payment Services into its digital-wallet network to facilitate the payments. The service will initially launch in the Philippines, Indonesia, Bangladesh, and Colombia. …
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25 September
A Report Says Banks Pay 2.3 Times More to Onboard Merchants Than Pay Tech Firms Do
Landing a coveted merchant account is a top goal for many banks and payment technology firms, but banks may be at a disadvantage. It can cost up to 2.3 times more, on average $496, for a financial institution to onboard a merchant for payment services, as a paytech may spend …
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25 September
Klarna Tops 1 Million Cards and other Digital Transactions News briefs from 9/25/25
Klarna AB said more than 1 million consumers have signed up for its Klarna Card since the product debuted in the U.S. market July 4. The daily signup rate for the debit card reached 50,000 on Tuesday. The news follows the company’s announcement last month that it has become an in-store payment method …
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24 September
Power up Holiday Sales with Factor4 Gift Cards
You may groan, and say, “summer’s not even over!” But now is the perfect time to get a jump on planning for the coming holidays. Adding gift cards to a business can make things very merry and bright for your merchants this season. It’s a great way to engage — …
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24 September
Red Lobster Is the Latest Restaurant to Add an AI Phone-Ordering System
SoundHound AI Inc., a provider of artificial intelligence-based voice technology, said Red Lobster Hospitality LLC will roll out SoundHound’s AI-powered phone-ordering system across the restaurant chain’s more than 500 locations. The system will enable SoundHound to field all incoming calls for takeout orders, provide answers to common customer questions, such …
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24 September
Eye on AI: Seon Enlists AI To Cut Manual Review Time; Sigma360 AI-Driven Transaction Screening Debuts
Artificial-intelligence tools continue to find their way into the payments system. Two companies, Seon and Sigma360, are the latest to incorporate AI into new products. Austin, Texas-based Seon Technologies Ltd. says its new AI suite can help reduce manual review times on transactions by up to 50%. It does this by …
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24 September
Chargeback Guru’s VAMP Tool and other Digital Transactions News briefs from 9/24/25
Chargeback Gurus introduced its VAMP Risk Calculator, aimed at assisting merchants in calculating their financial liability under the Visa Acquiring Monitoring Program, which will be enforced as of Oct. 1. PayPal Holdings Inc. has agreed to sell, over a two-year period, approximately $7 billion in buy now, pay later receivables originated in …
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23 September
Finastra Launches End-to-End ACH Processing Solution
Finastra, a London-based payment software provider, has added an ACH module to its Global PAYplus end-to-end payment processing solution. The new module will provide financial institutions with an alternative to legacy ACH processing systems, which can be less efficient and have limited scalability. With the addition of an ACH module, …