Digital Transactions Authoritative, insightful and timely information for payments professionals
Thesis, a venture-financing platform, said its client Fold Holdings Inc. has become the first Bitcoin-related company to go public on the Nasdaq. Fold, trading under the symbol FLD, enables users to earn Bitcoin as rewards on ordinary purchases. Payments processor RevitPay appointed Jack Berry chief revenue officer. Berry formerly was an executive with PaymentCloud. …
February, 2025
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21 February
Block Looks to Cash App and Loans as Growth Drivers in 2025
Cash App was a big growth driver last year for Block Inc. and is expected to remain so as 2025 unfolds, the company said during a conference call late Thursday to discuss Block’s fourth-quarter results. Block is the parent company of the Square and Cash App businesses. During the last …
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21 February
New West Launches PayFusion365 and other Digital Transactions News briefs from 2/21/25
New West Technologies Inc. has launched PayFusion365, which relies on an integration of payment processor Braintree with Microsoft Dynamics 365 that is expected to offer merchants the ability to more readily divide payments among retail, e-commerce, subscription, and other uses. Braintree is a unit of PayPal Holdings Inc. Users of the Venmo payments …
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20 February
Galileo’s Debit Rewards Card; Mastercard’s Cards for Content Creators And Small Businesses
Galileo Financial Technologies LLC announced early Thursday the launch of a co-branded debit rewards card for the hospitality and travel industries. In addition to enabling debit card holders to earn rewards on their purchases, Galileo will use its card-issuing, processing, Cyberbank Digital, and program-management technologies to reduce time to market …
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20 February
Eye on E-Commerce: Adidas Adds Buy with Prime Option; Affirm Expands Shopify Deal
Consumers shopping for the latest in Adidas shoes and sportswear have a new payment option online and in-app with Amazon.com Inc.’s Buy with Prime option. In related e-commerce news, pay-over-time provider Affirm says its exclusive buy now, pay later service for Shop Pay on the Shopify platform will be available …
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20 February
Faster Payments Not Fast Enough and other Digital Transactions News briefs from 2/20/25
For financial institutions that have so far adopted real-time payments, 58% have opted for both FedNow and The Clearing House Payments Co.’s RTP system. But only 41% of large banks and 28% of businesses agree that the United States is moving fast enough toward adoption of faster payments. This is …
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19 February
Mastercard Launches One Credential To Give Gen Zers Access to Multiple Payment Methods Via A Single Card
Mastercard Inc. announced early Wednesday the launch of One Credential, a digital-payment solution that supports multiple payment methods such as credit, debit, and prepaid, as well as installment loans, on a single card. Targeted primarily at Gen Zers, One Credential allows consumers to tailor their payment methods to better manage …
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19 February
Shift4 Bulks Up in Europe With a $2.5 Billion Deal for Global Blue
Shift4 Payments Inc. is beefing up its operations in Europe on the eve of founder and chief executive Jared Isaacman’s departure to run the National Aeronautics and Space Administration. The Allentown, Pa.-based processor announced late Tuesday a $2.5-billion agreement to acquire Global Blue, a Switzerland-based international platform providing transaction services …
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19 February
Discover Merger a Step Closer and other Digital Transactions News briefs from 2/19/25
Separate stockholder meetings for Capital One Financial Corp. and Discover Financial Services voted to approve Capital One’s proposed acquisition of Discover, a deal that was first proposed a year ago. Cap One says it now expects the $35.3-billion transaction to close early this year, subject to approval from the Federal Reserve System’s Board of …
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18 February
Toast Adds Perkins And Huddle House to Its Restaurant Menu
Toast Inc. has signed Ascent Hospitality Management, which owns and manages the Perkins American Food Co. and Huddle House restaurant chains, as a client. Ascent will install Toast’s payments platform in 500 Perkins and Huddle House locations initially. Ascent installed the first Toast platform at a Perkins location last fall, the …
