Steven Velasquez, Senior Vice President and Head of Partner Business Development – U.S. Bank | Elavon As the worlds of technology and financial services converge, the pace of innovation is increasing exponentially. The advent of AI, cloud-based, headless architecture, and ‘everything-as-a-service’ presents a challenge to ISVs looking to adapt to …
May, 2025
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1 May
AI Commerce Gets a Boost From Visa, PayPal, and Mastercard
Visa Inc. late Wednesday introduced Visa Intelligent Commerce, an artificial intelligence-based shopping service that enables AI agents to shop and make purchases for consumers. AI agents are software programs that use artificial intelligence to gather information and take actions to achieve clearly defined goals with a minimum of human intervention. The …
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1 May
Mastercard Reckons With a Cap One Impact As Its Crypto Investment Grows
The payments industry may soon be wrestling with the fallout from the upcoming $35-billion merger of Capital One Financial Corp. and Discover Financial Services, and one key question emerging from the deal is how it will affect Mastercard, the network for Cap One’s credit and debit cards. Early on Thursday, …
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1 May
EMS’s Latest Moves and other Digital Transactions News briefs from 5/1/25
Electronic Merchant Systems, also known as EMS, said it has invested in Payment Nerds and Pet Payments, both of which have signed distribution agreements with EMS. The extent of the investment was not disclosed. Merchant services and check printer Deluxe Corp. reported $536.5 million in first quarter 20245 revenue, up 0.3% from …
April, 2025
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30 April
Canadians prioritize security above all when evaluating new payment technologies
Jon, Director of Research at Payments Canada The payment landscape is rapidly changing, and new technologies like generative artificial intelligence (GenAI), social commerce and pay-by-bank are poised to dramatically transform the way we shop and pay. A recent study from Payments Canada shows that Canadians are hesitant to embrace these innovations, …
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30 April
A Time-Tested Playbook Fuels Visa’s Growth, Its Top Brass Says
A proven business model built around executing the fundamentals in consumer and business payments was the engine for solid growth during Visa Inc.’s second quarter of its 2025 fiscal year, the card network’s top executives indicated late Tuesday. The strength of Visa’s business model is evident in the network’s financial …
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30 April
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. …
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30 April
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 …
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29 April
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 …
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29 April
The Request for Payment’s Promise for Real-Time Payments
Request for payment on the RTP network from The Clearing House Payments Co. LLC has been a feature since the network launched 2017, but users’ increasing embrace of RfP is triggering more development of it. With real-time processing backing it, the RfP option allows billers and merchants to receive nearly immediate payment …