News

March, 2025

• 26 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 …
• 26 March

  After Some Fixes, PayPal Says It Has Surpassed $30 Billion in Loan Originations

  

  Trumpeting its financing services for small and mid-size businesses, payments giant PayPal Holdings Inc. disclosed Wednesday that it has passed $30 billion in global loan originations. It has extended more than 1.4 million loans and cash advances to more than 420,000 business accounts worldwide since 2013, the company said. PayPal, …
• 26 March

  NMI Taps Arcum’s AI To Help With Merchant Retention

  

  Payments provider NMI is counting on the addition of an artificial intelligence tool from Arcum to mitigate merchant retention. Announced Tuesday, the partnership integrates Arcum’s AI services with NMI’s Merchant Relationship Management platform, formerly known as IRIS CRM, to enable Schaumburg, Ill.-based NMI to get advance notice of possible attrition …
• 26 March

  Trump Urges Digital Payment Push and other Digital Transactions News briefs from 3/26/25

  

  President Trump issued an executive order requiring a move to electronic processing for all federal payments and receipts “by digitizing payments to the extent permissible under applicable law.” The order specifically rules out the creation of a central bank digital currency. The Financial Crimes Enforcement Network issued an interim rule that removes the requirement …
• 25 March

  Beyond the Big Processors: What ISOs Really Need to Thrive

  

  By Matt Nern, Managing Partner at SignaPay Being an ISO is a balancing act. Between closing deals, staying on top of evolving payment technology, and ensuring merchants get the support they need, there’s hardly time to deal with the inefficiencies of a slow-moving processor. Yet, too often, ISOs find themselves …
• 25 March

  J.P. Morgan Payments Expands Its Reach Via Deals With Walmart And Affirm

  

  The big payments provider J.P. Morgan Payments expanded its reach into different sectors this week through deals with leading retailer Walmart Inc.’s Walmart Marketplace and buy now, pay later specialist Affirm Inc. At the Shoptalk conference in Las Vegas, the payments unit of J.P. Morgan Chase & Co., the biggest …
• 25 March

  Consumer Information Gains Ground in Criminal Quests, Javelin Report Finds

  

  Ever-clever criminals are expanding their scope in information as well as funds. That’s according to the annual Identity Fraud Study released Tuesday by Javelin Strategy & Research. “The thing that was most surprising to me was that so many scam victims were also deceived into providing personally identifiable information (PII),” …
• 25 March

  Blockchain Token First Noted and other Digital Transactions News briefs from 3/25/25

  

  Two U.S. banks, Custodia Bank and Vantage Bank, executed what they say is the country’s first tokenization via blockchain of U.S. dollar demand deposits held at a bank, with the resulting transfer and redemption of stablecoins for a customer. The banks say the test carried low transaction costs and fast settlement. …
• 24 March

  Lightspeed Warns of Softer Revenue Growth Amid Weakening Economic Conditions

  

  In what could be an ill omen for other payments processors that softer transaction growth lies ahead, Lightspeed Commerce Inc., provider of an e-commerce platform and payment services for small and mid-sized businesses, on Monday revised its outlook for fiscal 2025 to include year-over-year revenue growth of approximately 18%, down …
• 24 March

  Eye on Restaurants: Tech Consolidation’s Importance Grows; Meal Ticket’s New Network

  

  As point-of-sale systems, marketing platforms, and inventory management all find their way to small and large restaurants, there’s a growing need for operators to simplify their technology, finds a new report from Qu Inc., a restaurant platform. As part of its “2025 State of Digital Report,” Arlington, Va.-based Qu found …