Friday , May 2, 2025

News

May, 2025

  • 2 May

    Canadians prioritize security above all when evaluating new payment technologies

    Jon Purther, Director of Research at Payments Canada The payment landscape is rapidly changing, and new technologies like generative artificial intelligence (GenAI), social commerce and pay-by-bank are poised to dramatically transform the way we shop and pay. A recent study from Payments Canada shows that Canadians are hesitant to embrace these …

  • 2 May

    Despite Lower-Than-Expected Profit And Cash App Softness, Block Remains Bullish

    Block Inc. remains bullish that its Cash App financial-services platform will remain a growth driver this year, despite its posting lower than projected gross profits during the first quarter, the company said during a conference call late Thursday to discuss its first-quarter results. Block is the parent company of the …

  • 2 May

    Crypto Operators Keep Chipping Away at a Merchant Acceptance Barrier

    Cryptocurrency remains far from mainstream payments, but it keeps edging closer in the United States and worldwide. Further evidence emerged early Friday with news that the money-transfer platform MoneyGram International Inc. has launched MoneyGram Ramps, an application programming interface aimed at easing crypto-based transfers. Simultaneously, a crypto app called Bitget …

  • 2 May

    Priority Sports Goes Wild and other Digital Transactions News briefs from 5/2/25

    Priority Sports, a unit of the payments provider Priority Technology Holdings Inc., announced it has processed ticket sales since March for the Minnesota Wild, a National Hockey League team. A survey from Jack Henry & Associates Inc. found that 89% of financial institutions plan to add new payment services, including the FedNow real-time payments …

  • 1 May

    Payments as a growth strategy – how ISVs can optimize revenue potential with embedded finance

    Steven Velasquez, Senior Vice President and Head of Partner Business Development – U.S. Bank | Elavon As the worlds of technology and financial services converge, the pace of innovation is increasing exponentially. The advent of AI, cloud-based, headless architecture, and ‘everything-as-a-service’ presents a challenge to ISVs looking to adapt to …

  • 1 May

    AI Commerce Gets a Boost From Visa, PayPal, and Mastercard

    Visa Inc. late Wednesday introduced Visa Intelligent Commerce, an artificial intelligence-based shopping service that enables AI agents to shop and make purchases for consumers. AI agents are software programs that use artificial intelligence to gather information and take actions to achieve clearly defined goals with a minimum of human intervention.  The …

  • 1 May

    Mastercard Reckons With a Cap One Impact As Its Crypto Investment Grows

    The payments industry may soon be wrestling with the fallout from the upcoming $35-billion merger of Capital One Financial Corp. and Discover Financial Services, and one key question emerging from the deal is how it will affect Mastercard, the network for Cap One’s credit and debit cards. Early on Thursday, …

  • 1 May

    EMS’s Latest Moves and other Digital Transactions News briefs from 5/1/25

    Electronic Merchant Systems, also known as EMS, said it has invested in Payment Nerds and Pet Payments, both of which have signed distribution agreements with EMS. The extent of the investment was not disclosed. Merchant services and check printer Deluxe Corp. reported $536.5 million in first quarter 20245 revenue, up 0.3% from …

April, 2025

  • 30 April

    A Time-Tested Playbook Fuels Visa’s Growth, Its Top Brass Says

    A proven business model built around executing the fundamentals in consumer and business payments was the engine for solid growth during Visa Inc.’s second quarter of its 2025 fiscal year, the card network’s top executives indicated late Tuesday. The strength of Visa’s business model is evident in the network’s financial …

  • 30 April

    Walmart’s Pay by Bank Project Remains on Track for 2025

    A test this past September of a real-time pay by bank payments option inside the Walmart app indicates the service is on track for a broader debut in 2025, Digital Transactions News has learned. Speaking at the Nacha Smarter Faster Payments 2025 conference in New Orleans, Sarah Arnio, Walmart Inc. …

Digital Transactions