News

June, 2025

• 3 June

  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 …
• 3 June

  PayPal Credit Users To Get a Card for In-Store Use

  

  Consumers with PayPal Credit accounts soon will be eligible for a new Mastercard Inc. branded card to use in store with their accounts. Announced Tuesday, the new card taps consumer credit lines in their PayPal Credit accounts, which are issued by Synchrony Financial. PayPal Credit accounts have been most associated …
• 3 June

  Opposition Mounts to The Durbin Marshall Amendment

  

  Airlines, airline unions, and commercial aircraft manufacturers sent a letter to Congress late Monday voicing their opposition to attaching the Durbin Marhsall credit card amendment to the GENIUS Act, a bill to regulate stablecoins. The letter states that attaching the Durbin Marshall amendment to the GENIUS Act would impose “onerous, …
• 3 June

  Klarna’s New Klarna Card and other Digital Transactions News briefs from 6/3/25

  

  Klarna AB has unveiled Klarna Card, a debit card offering the choice to pay immediately or later. The product incorporates the Visa Flexible Credential technology from Visa Inc. In other Visa news, the card network appointed Andrew Torre president of value-added services, replacing Antony Cahill, who has been appointed regional president and …
• 2 June

  Illinois Delays Implementation of Its First in the Nation Interchange Law

  

  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 …
• 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 …
• 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

• 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, …
• 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 …
• 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 …