News

June, 2025

• 6 June

  NK Retail Partners With Lightspeed to Digitize B2B Buying

  

  NK Retail, a Sweden-based luxury department-store chain, is deploying Lightspeed Commerce Inc.’s NuORDER by Lightspeed B2B commerce platform. NuORDER by Lightspeed is aimed at helping retailers streamline wholesale buying and selling with features like virtual showrooms and order-management systems.  NK offers a broad selection of fashion, beauty, interior design, and …
• 6 June

  ‘Buy Now, Pay Never’ Debuts for Crypto, While Circle Soars on Wall Street

  

  As cryptocurrency such as stablecoins inch toward mainstream acceptance, some platforms are starting to adapt slogans borrowed from the established world of payments. In the latest example, a new San Francisco-based company called NeverPay announced early Friday a program called Buy Now, Pay Never, which it says will let users …
• 6 June

  Fiserv Buys Rest of AIB and other Digital Transactions News briefs from 6/6/25

  

  Fiserv Inc. said it has agreed to acquire the 49.9% share of Ireland-based AIB Merchant Services it doesn’t already own. The joint venture between the two companies dates back to 2007. CPACharge, an online payment service for accounting professionals from AffiniPay, has a new partnership with SafeSend, a service for tax …
• 5 June

  Battle Lines Harden Over a Proposed CCCA Amendment to the GENIUS Act

  

  The Teamsters Union, along with labor unions in the retail and food-service sectors, sent a letter to Congress Wednesday supporting the Durbin Marhsall Amendment to the GENIUS Act, a bill to regulate stablecoins. The endorsement is the latest salvo in the ongoing battle over the Credit Card Competition Act, which …
• 5 June

  How Tap-to-Pay Has Evolved—And What Comes Next

  

  Ever since the card industry launched technology that lets merchants process transactions through an off-the-shelf mobile device, companies have worked to refine the idea further. Now, consumers can look forward to making remote purchases with a tap on their phone’s screen when they see something they want, according to payments …
• 5 June

  Isaacman Moves to Executive Chairman and other Digital Transactions News briefs from 6/5/25

  

  Shift4 Payments Inc. named founder Jared Isaacman as its executive chairman effective Thursday. Isaacman had been nominated to lead NASA but last weekend President Trump withdrew that nomination. Taylor Lauber, who had been Shift4 president, moved to the chief executive position, Shift4 announced. Direct-to-consumer e-commerce provider ESW said its “Impact of Tariffs on …
• 4 June

  Prizeout Launches Debit Rewards Program for Credit Unions

  

  Prizeout, a fintech specializing in digital gift card payouts and cashback rewards, announced CashBack + Pay late Tuesday, a cashback program for debit card holders whose cards have been issued by credit unions. CashBack+ Pay gives credit union debit card holdings instant rewards averaging 6.8% of the transaction amount, the …
• 4 June

  How a Canny Bank Is Making Its Mark In Cannabis Payments

  

  Cannabis remains a federally illegal drug in the United States, but various states have acted over the past decade to legalize it and sales continue to grow fast enough that the market remains potentially lucrative for processors and banks. An example of how a major financial institution has entered this …
• 4 June

  PayPal Enlists in Mastercard One and other Digital Transactions News briefs from 6/4/25

  

  Mastercard Inc. and PayPal Holdings Inc. said they will work together to develop new features to the recently introduced Mastercard One Credential, a digital payment service that supports multiple payment methods that launched in February. In related news, PayPal said it is adding new capabilities to its Venmo social payments platform, including limited time …
• 3 June

  North Developer Is Your Destination for Real Payments Power

  

  There is expanding opportunity for ISVs working in the payments space. The demand for new payment options has driven explosive growth in API-first approaches to processing. This is a field dominated by new thinking, and it’s where ISV and developer opportunities live. But ideas are not enough. Having the right …