Digital Transactions Authoritative, insightful and timely information for payments professionals
The Electronic Payments Coalition has launched the latest salvo in its offensive against legislation seeking to regulate credit card interchange. This time the thrust takes aim at federal and state legislative efforts. At the federal level, EPC executive chairman Richard Hunt said during a press conference late Wednesday morning the …
March, 2025
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12 March
Beyond the Big Processors: What ISOs Really Need to Thrive
By Matt Nern, Managing Partner at SignaPay Being an ISO is a balancing act. Between closing deals, staying on top of evolving payment technology, and ensuring merchants get the support they need, there’s hardly time to deal with the inefficiencies of a slow-moving processor. Yet, too often, ISOs find themselves …
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12 March
How New Capital Positions Fortis to Pursue Faster Growth
Fortis Payment Systems LLC early Thursday announced it is receiving a capital infusion from a new investor, Audax Private Equity, as well as from an existing investor, Lovell Minnick Partners. The amount of the investment was not disclosed. A privately held company, Fortis actively began seeking new investors about six …
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12 March
Feedzai Releases ScamAlert in an Effort to Help Banks
As financial institutions help their customers counter fraud, Feedzai is releasing a tool to help FIs better identify potential scams. Dubbed ScamAlert, the service, which incorporates an artificial-intelligence utility, can help identify tactics criminals use to exploit consumers. Many consumers may initially fall for a scam through a phishing email; …
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12 March
PayMaple Adds Real-Time Payments and other Digital Transactions News briefs from 3/12/25
Payments platform PayMaple LLC launched a new accounts-payable service enabling vendor payments via real-time payments, the automated clearing house, or virtual cards. The last option is expected by the third quarter, the company says. Vitesse, a specialist in claims payments for the insurance industry, is working with Five Sigma Ltd., a claims-management …
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11 March
Grow Your Portfolio — Sign High-risk Merchants in New and Emerging Verticals
Partnering with the right payment technology company to accept as many payment types as possible is a great way for small- to mid-sized merchants to modernize and grow their businesses. Unfortunately, due to the higher level of risk that comes with certain merchant categories, many small businesses have been left …
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11 March
Dwolla Launches Open Banking Via Its Plaid Integration
Account-to-account payments provider Dwolla Inc. has launched an integration to open-banking platform Plaid Inc. The integration is expected to enable Dwolla users to verify accounts and check account balances in real time through a single vendor and application programming interface. Dwolla announced its partnership with Plaid late last year. The …
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11 March
Cash Use Slips As Digital Payments Grow, Says Worldpay Survey
As credit and debit cards—and their digital doppelgangers—continue to find favor among consumers, the use of cash over the past 10 years has slipped from 44% of in-store spend to 15% in 2024, finds the latest Worldpay Global Payments Report. Released Tuesday, the report, now in its 10th year, says …
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11 March
Visa’s New Scam Disruptor and other Digital Transactions News briefs from 3/11/25
Visa Inc. introduced its scam-disruption practice, aimed at identifying and preventing scams “as they emerge,” the company says. Just 26% of credit card holders are “satisfied” with their cards, while 24% are “dissatisfied” and 50% are “indifferent,” according to a survey of 8,000 cardholders age 18 to 45, plus 200 senior …
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10 March
Affirm Extends Its Reach With Apparel Retailers; Splitit Offers a Digital Wallet
Buy now, pay later specialist Affirm Holdings Inc. continues to expand into fashion merchants through a partnership with online fashion-marketplace StockX. Apparel merchants are a fast-growing merchant category for Affirm. The BNPL provider has added 55 apparel sellers in the past six months, including StockX. In addition, transactions in its apparel and …
