Digital Transactions Authoritative, insightful and timely information for payments professionals
Competition among point-of-sale system providers shows no signs of weakening among two top companies. Square, the acquiring arm of Block Inc., reported a 13% increase in its payment volume for the first quarter, while competitor Toast Inc. says its gross payment volume rose 22% year-over-year. Square’s first-quarter performance comes on …
May, 2026
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8 May
FIS Outlines How Its Anthropic AI Deal Will Pay Off
FIS Inc. is counting on its tie-in with the AI developer Anthropic to pay dividends across several fields, starting with the battle against fraud, the company said early Friday. “The first target is financial crime,” said FIS chief executive Stephanie Ferris early Friday. “The [AI] agent will reduce investigation time …
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7 May
Colorado Advances a Measure to Eliminate Interchange Fees on Sales Tax
A Colorado bill that would eliminate sales tax as part of the interchange fee calculation has moved to Gov. Jared Polis’s desk for review following passage Wednesday in the Colorado House. It passed a state Senate vote last week. Similar in some ways to the Illinois Interchange Fee Prohibition Act, …
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7 May
NCR Voyix Sees Revenue Dip and other Digital Transactions News briefs from 5/7/26
Point-of-sale technology provider NCR Voyix Corp. reported March-quarter revenue dipped slightly to $606 million compared to $612 million in the year-earlier period, led by a 6% slide in restaurant revenue, to $179 million. The company narrowed its net loss to $5 million from $17 million a year ago. Point-of-sale systems provider Aptos LLC said Boot …
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6 May
Clover Remains a Bright Spot for Fiserv
One Fiserv Inc. business stood out in the processor’s first-quarter earnings. Clover, its point-of-sale system and services unit, saw a 12% increase in its gross payment volume from the same quarter in 2025. That is despite a 9% decrease in Clover’s first-quarter revenue from lower hardware and data and analytics …
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6 May
With Worldpay Onboard, Global Payments Focuses on Its Genius POS Tech
Global Payments Inc. spent most of last year launching its Genius point-of-sale platform, and now its focus is on reaping a return on that substantial investment, part of a $1-billion technology program the Atlanta-based processor embarked on earlier this year. That initiative also comes as the company focuses on integrating …
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6 May
Marqeta Volume up 33% and other Digital Transactions News briefs from 5/6/26
Card-issuing platform Marqeta Inc. reported it processed $112 billion in transaction volume in the March quarter, up 33% year-over-year, generating revenue of $166 million, a 19% rise. Net income swung to a positive $8 million from an $8-million net loss a year ago. MoneyGram will work with the crypto platform Kraken worldwide to allow …
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5 May
The AI Upload: Verifone Adapts AI for Fuel and C-Store Merchants; SoundHound AI Debuts an Agentic Platform
It’s heady days for payments and artificial intelligence applications as payments companies prepare for expected growth in AI-assisted commerce. This extends beyond online shopping with Verifone Inc.’s incorporation of AI into Commander, its point-of-sale system for fuel retailers and convenience-store operators. New York City-based Verifone says AI utilities are part …
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5 May
Under Its New CEO, PayPal Looks to ‘Deliver’ on Tech Investments
Two months into the job, PayPal Holdings Inc. president and chief executive Enrique Lores appears to harbor no illusions about the sprawling payments company’s position. “We need to make significant changes,” he said early Tuesday as he opened the company’s March-quarter earnings call. That imperative, he said, stems from several …
