News

May, 2025

• 21 May

  Trying to Revive the CCCA, Durbin And Marshall Look to Make It an Amendment to the GENIUS Act

  

  Sponsors of the Credit Card Competition Act moved late Tuesday to attach the legislation as an amendment to the GENIUS Act, a proposed bill to regulate stablecoins. While the Senate must approve the move, it potentially gives the legislation new life as it failed to advance out of committee in …
• 21 May

  Eye on BNPL: Pay-Over-Time Besting Credit Cards for Some; Afterpay Lines up More Merchants

  

  The predictability of buy now, pay later loans and the interest-free nature of many of them is appealing to merchants, as many consumers—86%—believe the economy is uncertain, finds a new report from Affirm Inc. Commissioned by installment-payment provider Affirm, the survey, conducted by Talker Research in March of 2,000 U.S. …
• 21 May

  Fintech Breach Sources and other Digital Transactions News briefs from 5/21/25

  

  Nearly 42% of breaches suffered by major fintech companies stem from third-party vendors, according to “Defending the Financial Supply Chain: Strengths and Vulnerabilities in Top Fintech Companies,” issued by Security Scorecard, which analyzed 250 major fintechs. The processor FIS Inc. said it will work with Letskipp Ltd., also known as Kipp, to develop …
• 20 May

  HungerRush Enables Direct Connections for Delivery; DoorDash’s Preferred Integrations Program

  

  HungerRush, a provider of point-of-sale and online-ordering systems for restaurants, has launched the Grubhub Marketplace integration for its POS platform. The Grubhub Marketplace integration allows restaurants to “reduce technology clutter” by receiving Grubhub orders directly from the HungerRush POS platform, HungerRush says. The integration also enables orders from DoorDash and …
• 20 May

  New Markets Are Just the Ticket for Affirm And Nuvei

  

  Ticketing is set for rapid growth, and payments firms are jockeying to get a piece of the action. Affirm Inc. announced early Tuesday it will offer its buy now, pay later option for lift tickets sold through Cali Pass at more than 20 ski resorts, six of them in California. …
• 20 May

  Nuvei; BHMI Preps for IFPA July 1 and other Digital Transactions News briefs from 5/20/25

  

  Payments-software developer BHMI said it has updated its Concourse Financial Services Suite to allow firms to comply with the Illinois Interchange Fee Prohibition Act, which is set to take effect July 1. The law prohibits interchange on state and local taxes and on tips. Galileo Financial Technologies launched Galileo Payment Method Switch, technology …
• 19 May

  Fiserv Rolls Out Clover Hospitality; Bluefin and Verifone Team Up to Offer Point-to-Point Encryption

  

  Clover, Fiserv Inc.’s point-of-sale platform, has launched Clover Hospitality by BentoBox, a customized point-of-sale system for high-end restaurants. Clover Hospitality enables restaurants to build an online presence to engage with consumers through Web sites and enable online ordering and reservations. It also includes marketing tools designed to increase customer loyalty …
• 19 May

  A ThreatMark Tool Gives Consumers a Role in Identifying Scams

  

  As scams and fraud continue to wreak havoc on consumers and financial services companies, one fraud-prevention firm has released a service it says will help consumers better self-identify potential deceptive payment decisions. ThreatMark released ScamFlag, a service banks can add to their mobile-banking apps to help give consumers more insight …
• 19 May

  Authvia’s Sinch Relationship and other Digital Transactions News briefs from 5/19/25

  

  Authvia, a platform for conversational commerce and payment by text, will work with Sinch, developer of cloud-based customer communications, to allow businesses to offer mobile-payments capability within messaging platforms such as SMS and WhatsApp. Shift4 Payments Inc. announced it is expanding its processing capabilities in the travel industry through an alliance …
• 16 May

  Global Payments Launches Its Genius Platform

  

  Global Payments Inc. has rolled out its long-awaited Genius point-of-sale package of products and services. Touted by Global Payments as a “POS command center for business operations,” Genius is a major step in the Atlanta-based company’s quest to unify all of the its POS products into a single, configurable POS …