Digital Transactions Authoritative, insightful and timely information for payments professionals
Illinois lawmakers extended the implementation date for the Interchange Fee Prohibition Act by 12 months early Sunday to July 1, 2026. Groups opposing the IFPA, the first law of its kind passed by any state, argued the law would cause “widespread economic disruption” and that it would place an undue …
June, 2025
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2 June
COMMENTARY: Online Marketplaces: A Dynamic, Growing, and High-stakes Environment
As online marketplaces continue to reshape global commerce, the opportunities for these businesses—and their payment providers—are vast. Yet, as recent trends demonstrate, so are the risks. Online marketplaces and their payment providers are increasingly at the center of a growing web of sophisticated fraud, regulatory scrutiny, and legal accountability. Challenges …
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2 June
Isaacman Grounded from NASA and other Digital Transactions News briefs from 6/2/25
Over the weekend, President Donald Trump withdrew the nomination of Jared Isaacman, Shift4 Payments Inc. founder and chief executive, as the nominee to lead NASA, the Associated Press reported. In a statement on Truth Social, Trump wrote, “After a thorough review of prior associations I am hereby withdrawing the nomination of Jared …
May, 2025
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30 May
Mastercard’s Small Business Navigator Aims to Level up Small Businesses
Filled with ideas and enthusiasm, U.S. small businesses have the drive to grow their businesses, but a low availability of tools and resources may hamper some of that ambition. Mastercard Inc. says its new Small Business Navigator can help with that. The program offers education, insights, protection, and planning tools, …
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30 May
Congress Mulls a Tax on Cross Border Remittances
Several organizations representing the payments industry sent a letter to Congress late Wednesday urging lawmakers not to pass legislation that will tax cross-border remittances originated in the United States and will require money transmitters to gather identity and citizenship verification data from the sender. The bill has advanced to the …
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30 May
Flexa Teams with Nexus Wallet and other Digital Transactions News briefs from 5/30/25
Flexa, a payments platform based on digital assets, said it is working with wallet provider Nexus Wallet to simplify payments via the cryptocurrency Litecoin. The partnership is active at 41,000 retail locations in North America, the parties say. Stablecoin-based payments platform Stable Sea launched Stable Sea Terminal, said to be capable of …
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29 May
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 …
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29 May
NMI Adds Tap to Pay for iPhone
Payment processor Network Merchants LLC, or NMI, on Thursday announced it is enabling tap to pay for iPhone. The move will enable merchants to accept contactless credit and debit cards, as well as Apple Pay and other digital wallets, through an iPhone and a supporting iOS app. iOS is Apple’s mobile …
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29 May
Expect More AI in Fraud Prevention Measures, a Survey Finds
As the nascent artificial-intelligence field develops, financial institutions are readying to adopt AI in their fraud-prevention measures just as criminals are devising AI-enabled ways to make their schemes more harmful. Evidence of this is that 43% of financial institutions surveyed for the DataVisor “2025 Fraud and AML Executive Report” will …
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29 May
Bluevine Launches Payment Links and other Digital Transactions News briefs from 5/29/25
Bluevine, a banking platform for small businesses, launched Invoicing and Payment Links, aimed at allowing businesses to receive payments directly in bank accounts via a range of payment methods. The buy now, pay later platform Affirm Inc. said it is expanding its partnership with the merchant Williams-Sonoma Inc. to Canada. Besides Williams-Sonoma, …
