Priority Sports, a unit of the payments provider Priority Technology Holdings Inc., announced it has processed ticket sales since March for the Minnesota Wild, a National Hockey League team. A survey from Jack Henry & Associates Inc. found that 89% of financial institutions plan to add new payment services, including the FedNow real-time payments …
Read More »Walmart’s Pay by Bank Project Remains on Track for 2025
A test this past September of a real-time pay by bank payments option inside the Walmart app indicates the service is on track for a broader debut in 2025, Digital Transactions News has learned. Speaking at the Nacha Smarter Faster Payments 2025 conference in New Orleans, Sarah Arnio, Walmart Inc. …
Read More »Affirm’s AI Launch and other Digital Transactions News briefs from 4/30/25
Affirm Inc. has launched AdaptAI, a promotions platform aimed at merchant clients and relying on artificial-intelligence technology. Business-software platform onPhase announced it will incorporate the Paymode business-payments feature from Bottomline Technologies Inc. Bluefin Payment Systems LLC has agreed to integrate its payment-processing platform and point-to-point encryption technology in C-Park, the parking-management software from Campus …
Read More »Branded Checkout Helps Buoy PayPal As It Eyes Crypto And BNPL
PayPal Holdings Inc. recorded a tepid 1% growth rate in revenue in the first quarter, with overall transaction revenue flat, but the company’s stress on branded checkout appears to be yielding more optimistic results, the company reported early Tuesday. PayPal is also building up its cryptocurrency business and beginning a …
Read More »OneCause And Stripe and other Digital Transactions News briefs from 4/29/25
Shift4 Payments Inc. reported early Tuesday it logged volume of $45 billion for the first quarter, up 35% year-over-year, while revenue climbed 20% to $848.3 million and gross profit hit $240.7 million, up 37%. OneCause launched OneCause Payments, a payments platform for nonprofits that offers processing from Stripe Inc. and Deluxe Corp. …
Read More »Early Warning Says Zelle Is Gaining Popularity With Small Businesses
Zelle, the peer-to-peer payments network operated by Early Warning Services LLC, continues to make steady inroads with small businesses, according to data released early Monday by Early Warning. About 7 million small businesses are enrolled in the network to make and receive payments, while the use of Zelle by consumers …
Read More »COMMENTARY: Why Consumers Love BNPL—And What It Means for Businesses
As consumers navigate tighter budgets and businesses adapt to shifting spending habits, buy now, pay later (BNPL) has emerged as more than just a passing trend. Like layaway in the days of yore, BNPL breaks purchases into smaller pieces. However, unlike layaway, BNPL meets the need for instant gratification by …
Read More »Digital Wallets Fall Down on Fraud Protection And Data Minimization, Consumer Reports Finds
Digital wallets provide a variety of benefits to consumers, including convenience speed, security, and record keeping, but they also pose risks for users and stand to be improved in several areas, says a study from Consumers Reports. Consumers Reports evaluated six wallets—Apple Pay, Cash App, Google Pay, PayPal, Samsung Pay, …
Read More »Regulators Lighten up on Crypto, But Will That Really Matter?
In keeping with Washington’s friendlier attitude toward cryptocurrencies, the Federal Reserve and the Federal Deposit Insurance Corp. on Thursday pulled statements they had issued early in 2023 that had indicated a tougher stance on crypto regulation for banks. The regulators’ new approach, as indicated in a statement issued late Thursday …
Read More »Fiserv Zeroes in on Restaurants As Its New CEO Settles in
Fiserv Inc.’s Clover point-of-sale technology is set to make a splash in the highly competitive restaurant market with the expected launch next month of Clover Hospitality, the company’s top brass said early Thursday. Lilia, an Italian eatery in Brooklyn, is the first client, said Michael Lyons, the company’s chief executive, …
Read More »