News

March, 2025

• 11 March

  Dwolla Launches Open Banking Via Its Plaid Integration

  

  Account-to-account payments provider Dwolla Inc. has launched an integration to open-banking platform Plaid Inc. The integration is expected to enable Dwolla users to verify accounts and check account balances in real time through a single vendor and application programming interface. Dwolla announced its partnership with Plaid late last year. The …
• 11 March

  Cash Use Slips As Digital Payments Grow, Says Worldpay Survey

  

  As credit and debit cards—and their digital doppelgangers—continue to find favor among consumers, the use of cash over the past 10 years has slipped from 44% of in-store spend to 15% in 2024, finds the latest Worldpay Global Payments Report. Released Tuesday, the report, now in its 10th year, says …
• 10 March

  Affirm Extends Its Reach With Apparel Retailers; Splitit Offers a Digital Wallet

  

  Buy now, pay later specialist Affirm Holdings Inc. continues to expand into fashion merchants through a partnership with online fashion-marketplace StockX. Apparel merchants are a fast-growing merchant category for Affirm. The BNPL provider has added 55 apparel sellers in the past six months, including StockX. In addition, transactions in its apparel and …
• 10 March

  Eye on E-Commerce: Wildfire’s New White-Label Shopping Portal; Best Buy Canada’s Cross-Border Payments Pick

  

  With e-commerce sales accounting for 16.4% of all U.S. retail sales in the fourth quarter, Wildfire Systems Inc. is hoping its new white-label shopping portal will enable more merchants to take advantage of the shopping channel. In related news, retailer Best Buy Canada will use PingPong as its first cross-border payment …
• 10 March

  Shift4’s Lunchbox Stake and other Digital Transactions News briefs from 3/10/25

  

  Shift4 Payments Inc. has chosen ordering-technology provider Lunchbox Technologies as a partner for Shift4’s SkyTab platform and has also invested in the company. The extent of the investment was not disclosed. Meanwhile, Lunchbox has appointed hospitality-industry veteran James Walker chief executive. Ingo Money Inc. said its Ingo Payments service agreed to work …
• 7 March

  AmEx Adds an Expense Management Platform Via Its Center Acquisition

  

  American Express Co. has acquired software developer Center. Terms of the deal, announced late Thursday, were not disclosed. The acquisition is expected to close in the second quarter. The deal will provide AmEx’s corporate and small-business cardholders with an integrated expense-management platform that delivers real-time visibility into all employee spending, …
• 7 March

  For Many, It’s Device First To Make a Contactless Payment

  

  Ten years ago, the U.S. payment card market made its shift to EMV chip cards, and along with that the industry prepared for more contactless payments. That work by issuers and card brands appears to have paid off because 92% of consumers are now familiar with NFC, the technology that …
• 7 March

  Stripe Expanding Chicago Office and other Digital Transactions News briefs from 3/7/25

  

  Stripe Inc. has doubled its office space in Chicago, leasing more than 44,000 additional square feet on the fifth floor of a building in the city’s River North neighborhood and bringing its total space to about 89,000 square feet, according to Crain’s Chicago Business. Business-technology provider Globant announced it has developed systems for …
• 6 March

  Grow Your Portfolio — Sign High-risk Merchants in New and Emerging Verticals

  

  Partnering with the right payment technology company to accept as many payment types as possible is a great way for small- to mid-sized merchants to modernize and grow their businesses. Unfortunately, due to the higher level of risk that comes with certain merchant categories, many small businesses have been left …
• 6 March

  Riskified Launches Adaptive Checkout; Socure Unveils Its Identity Manipulation Risk Score

  

  E-commerce fraud prevention specialist Riskified has launched Adaptive Checkout, an app created to drive higher conversion rates by reducing false positives. The app leverages artificial intelligence to analyze each transaction based on its risk profile and the shopper’s purchase history. For example, a merchant’s best customers can be sent straight …