Digital Currency

Payments platform Corpay Inc. said its revenue rose 21% year-over-year in the December quarter to $1.25 billion. Net income totaled $264.5 million, up 8%. Transactions in vehicle payments, the company’s largest business, came to 221.9 million, up 7%. Nacha, the regulatory body for the automated clearing house network, announced participants have been elected …

Technology from Stripe Inc. will support transactions for PhotonPay, a Hong Kong-based fintech processing online payments for more than 200,000 businesses globally. According to PhotonPay’s announcement, released early Wednesday, the addition of Stripe’s technology will widen its offering of payment methods as well as reinforce uptime, though the company did …

Buy now, pay later provider Affirm Holdings Inc. will be the exclusive pay-over-time provider integrated with QuickBooks Payments under an agreement announced by QuickBooks provider Intuit Inc. and Affirm. BizTrip AI, whose technology uses AI to help manage payments and other functions in corporate travel, raised $1.5 million in new funding led …

American Express Co., reported 2025 revenue of $72.2 billion, up 9% year-over-year. Fourth-quarter revenue totaled $19 billion, up 10%. Net income came to $2.46 billion for the quarter and $10.8 billion for the year, up 13% and 7%, respectively. Revenue from discount fees was $37.4 billion for the year, a …

Deluxe Corp. reported $2.13 billion in 2025 revenue, up 0.5% from $2.12 billion in 2024. Its net income, however, grew even more reaching $85.3 million in 2025, up 61.2% from $52.9 million the year prior. In the fourth quarter, Deluxe had $535.5 million in revenue, up 2.8% from $520.5 million in …

Merchants and consumers are embracing cryptocurrency as a mainstream payments option, according to a study from the National Cryptocurrency Association and PayPal Holdings Inc. Some 39% of merchants surveyed accept cryptocurrency at checkout, while 84% believe crypto payments will become common in the next five years, the study says. A …

The Merchants Payments Coalition released a letter from it and 350 merchant groups in support of the Credit Card Competition Act urging that the bill be attached to a proposed cryptocurrency marketplace structure legislation. The measure is expected to be discussed Tuesday by the Senate Agriculture, Nutrition, and Forestry Committee. The New England Automated …

Capital One Financial Corp. said it will acquire Brex Inc., a San Francisco-based specialist in corporate cards and expense-management software, for $5.15 billion in stock and cash. Brex founder and chief executive Pedro Franceschi will continue in that role. The deal is expected to close by mid-year. Visa Inc. said it will …

PayPal Holdings Inc. has agreed to acquire Cymbio Ltd., a payments-orchestration platform, with a closing expected in the first half of the year. Terms were not disclosed. Lightspeed Commerce Inc. announced Lightspeed AI along with a number of other new services. The AI service is aimed at aiding merchants in decision making …

U.S. payments platform Payoneer Global Inc. said it has acquired Boundless Technologies Ltd., an employer-of-record platform based in Ireland. Terms were not disclosed. RapidWorks Inc., a software developer for the heavy construction equipment industry, launched Rapid Payments, a service to help contractors collect, track, and manage payments within the RapidWorks system. TreviPay unveiled its …