Digital Transactions Authoritative, insightful and timely information for payments professionals
When it comes to payments, Millennials want options that match their mobile-first lifestyle, such as mobile wallets, says a study by payments platform provider PXP Financial Ltd. Overall, 56% of Millennials—generally those born between 1981 and 1996—use a mobile device daily. Apple Pay is one of the most popular mobile …
June, 2025
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13 June
Stablecoins Get a Boost As Walmart And Amazon Look to Adopt Them
Stablecoins are starting to move beyond niche status. Both Walmart Inc. and Amazon.com Inc. are investigating whether to issue the digital currency in the U.S. market, The Wall Street Journal reported early Friday. Details are sketchy. Neither megamerchant responded to queries about the matter from Digital Transactions News. It also …
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13 June
Citizen Revises Credit Card Suite and other Digital Transactions News briefs from 6/13/25
Citizens Financial Group Inc.’s Citizens banking unit released a revised suite of credit cards, all bearing the Mastercard Inc. mark. Open banking technology provider Plaid Inc. launched Plaid Protect, what it calls a real-time fraud intelligence system that Plaid said can detect and prevent fraud beginning with a user’s first interaction with an app …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
