Digital Transactions Authoritative, insightful and timely information for payments professionals
[Editor’s Note: Following Digital Transactions News publication Friday, a U.S. District Court judge temporarily halted the layoffs at the CFPB, according to the Associated Press. Judge Amy Berman Jackson has scheduled an April 28 hearing on the matter.] A dramatically reduced Consumer Financial Protection Bureau will still operate, but with …
April, 2025
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18 April
Eye on Cards: TDS Employs Card Compliant for Its Issuing Program; FNBO’s New MGM Mastercard
TDS Gift Cards wants to make it easier for merchants to use its gift card program while the First National Bank of Omaha is leveraging its issuing prowess to market MGM Rewards in a new credit card. TDS, a unit of New York City-based Ziff Davis Inc., says it is …
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18 April
Shift4 Extends Global Blue Offer and other Digital Transactions News briefs from 4/18/25
Shift4 Payments Inc. has extended until May 6 its previously announced all-cash tender offer for all outstanding shares of Global Blue Group Holding AG. The $2.5 billion deal for the Swiss company was announced in February. Shares in Global Payments Inc. tumbled nearly 17.5% Thursday to $69.46 following the news that the payments firm …
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17 April
Global Payments Acquires Worldpay And Sells Its Issuer Business to FIS
Global Payments Inc. agreed early Thursday to purchase the big processor Worldpay LLC for $22.7 billion. GTCR, a Chicago-based private-equity firm acquired a 55% stake in Worldpay in July 2023 from FIS Inc., while parent FIS retained ownership of the remaining share. Concurrent with the announcement of the Worldpay deal, …
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17 April
AmEx Focuses on Small Firms While Assessing the Impact of Tariffs
Top management at American Express Co. early Thursday said the card company’s deal for Center ID Corp., a developer of expense-management software, falls into an overarching strategy to build and reinforce ties with small businesses following years in which AmEx was known for catering to the needs of major firms. …
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17 April
EMS Acquires Peel Payments and other Digital Transactions News briefs from 4/17/25
Electronic Merchant Systems LLC said it acquired Peel Payments, marking a significant expansion into the petroleum and convenience store segment. Peel also brings familiarity with Fiserv Inc.’s platform, says Afshin Yazdian, EMS chairman and chief executive, “which aligns perfectly as we prepare to launch on that platform and integrate with Clover. …
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16 April
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 …
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16 April
Better Defenses Make It Harder to Perpetrate Fraud, a Report Finds
Ransomware demands and payments declined in 2024, thanks to a combination of better law enforcement and defenses by companies, according to BakerHostetler’s annual Data Security Incident Response Report. The average ransomware payment totaled $501,338 in 2024, excluding the largest payment, a 33% decline from the previous year. The amount of …
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16 April
Fiserv Teams With Klarna to Offer Installments Through Clover Devices
In a dual announcement, Fiserv Inc. and Klarna AB said late Tuesday they plan to collaborate on offering Klarna’s installment-credit service through Fiserv’s popular Clover point-of-sale devices, starting with more than 100,000 U.S. merchant locations. An expansion of the rollout to more merchants is planned for early next year, the …
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16 April
CPI’s Digital Wallet Push and other Digital Transactions News briefs from 4/16/25
CPI Card Group Inc. added Web push provisioning to give card issuers the capability to more easily issue credit and debit cards directly to a consumer’s digital wallet. Gateway Funnel Pros, a developer of payment-gateway technology, said it has launched processing services for marketing agencies facing restrictions or denials from other …
