News

June, 2025

• 12 June

  The CCCA Goes Into Limbo As a ‘Clean’ GENIUS Bill Advances 

  

  Efforts to attach the Durbin-Marshall Amendment to the proposed GENIUS Act, a bill to regulate stablecoins, have failed. The Senate moved late Wednesday to advance the stablecoin bill without any amendments. Efforts to attach the amendment, which is the latest version of the Credit Card Competition Act, to the GENIUS …
• 12 June

  Eye on BNPL: Klarna Enlists Nift for Unique Offers; Dick’s Sporting Goods Renews Affirm

  

  Buy now, pay later specialist Klarna AB is working with gift card platform Nift to boost customer engagement while retailer Dick’s Sporting Goods says it will renew its buy now, pay later deal with Affirm Inc. In the partnership announced Thursday with Nift, Klarna will be able to create gift …
• 12 June

  BlueSnap On Board with FlightLogger and other Digital Transactions News briefs from 6/12/25

  

  FlightLogger, a provider of software for flight training, has chosen BlueSnap Inc. as its payments provider globally. Gross proceeds to Circle Internet Group Inc. from its recent initial public offering came to $1.2 billion, a total that includes an agreement by underwriters to purchase an additional 5.1 million shares of Class A common stock …
• 11 June

  PNC Launches an Acceptance App for Micro-Merchants

  

  PNC Bank early Wednesday announced the launch of PNC Mobile Accept, a card-acceptance solution for micro-merchants. The app allows very small merchants to accept card payments using their mobile phones or tablet computers without a requirement for external hardware and without paying monthly subscription fees, the bank says. The app …
• 11 June

  Circle Allies With Matera to Push Stablecoins Into Routine Usage

  

  Circle Internet Group Inc. is working with Matera Inc., a developer of banking technology, in a move aimed at speeding adoption of stablecoins by individuals and companies, the two firms announced early Wednesday. In the collaboration, Matera will integrate its Digital Twin real-time ledger with Circle’s platform to support routine …
• 11 June

  BofA’s RTP Values Take Off and other Digital Transactions News briefs from 6/11/25

  

  In the first six weeks after The Clearing House Payments Co. LLC on Feb. 9 raised its real-time payments transaction limit from $1 million to $10 million, transactions of more than $1 million accounted for more than half the value of all real-time payments processed at Bank of America Corp., one of …
• 10 June

  Friction Hobbles Toll Payments, a Study Finds, While PayRange Brings Cashless Payments to More Laundromats

  

  Friction when attempting to pay a past-due road toll online is the leading reason consumers don’t pay overdue tolls, not an unwillingness to pay, says a report from PayNearMe Inc. Among the key findings in the report from the Santa Clara, Calif-based fintech is that 39% of drivers reported difficulty …
• 10 June

  Eye on Point of Sale: PAR Engagement Debuts; Global’s Genius for Retail Released

  

  Competition at the point of sale is just as tough behind the counter as in front. Two payments companies separately are launching new products they hope will give them an edge. PAR Technology Corp. released PAR Engagement, a portfolio of products meant to help enterprise restaurants win over more customers, …
• 10 June

  Embedded lending as a growth strategy for ISVs – how to maximize revenue potential

  

  Steven Velasquez, Head and Senior Vice President of Partner Business Development – U.S. Bank | Elavon As consumer expectations for seamless buying experiences continue to rise, independent software vendors (ISVs) that embed payments into their platforms position themselves to capture greater market share in a growing and increasingly competitive software …
• 10 June

  Sezzle Sues Shopify Over Antitrust Allegations and other Digital Transactions News briefs from 6/10/25

  

  Buy now, pay later platform Sezzle Inc. has sued Shopify Inc., alleging federal and state antitrust violations related to actions Sezzle says “stifle competition for [BNPL] service options on Shopify’s e-commerce platform.” The action was filed in the U.S. District Court for the District of Minnesota. The Shopify platform will adopt a feature from …