Visa Inc. announced it has helped enable an estimated 16 million small businesses globally for digital payments, reaching 30% of its goal to so enable some 50 million small concerns.The Goldman Sachs Group Inc. said it will acquire GreenSky Inc., a provider of payments and loans at the point of sale for more …

Wednesday was a busy day for Global Payments Inc. Seeking to expand its share of business-to-business payments processing, the Atlanta-based processing giant on Wednesday agreed to acquire MineralTree Inc., a provider of accounts-payable automation and B2B payments solutions, for $500 million in cash. Global Payments will finance the deal with …

Mastercard Inc. strengthened its hand in open banking on Monday, reaching an agreement to acquire European open-banking platform provider Aiia. Terms of the deal were not disclosed. The acquisition is expected to strengthen Mastercard’s position as a provider of open-banking services in Europe. Mastercard established a presence in the business …

Open banking has been a big trend in payments for some time, and now traditional payment processors are getting in on the action. Paysafe Group Holdings Ltd. early on Monday announced it has agreed to pay $441 million to acquire Miami-based SafetyPay, a 15-year-old provider of digital payments for cash-paying …

Global Payments Inc. early Monday announced it will make its Netspend prepaid card services available via Amazon Web Services. While reporting a strong performance for the June quarter, the Atlanta-based processing company also said it is acquiring from Spain’s Caixabank the payments businesses of the bank’s Bankia unit.  The move …

As they have for rival Visa Inc., transaction volumes are continuing to improve for Mastercard Inc. as world commerce stages its recovery from the impact of the pandemic. “The strong momentum we started the year with accelerated this quarter,” chief executive Michael Miebach said Thursday morning during a session with …

For years, one of the fastest-growing trends in payments has been the idea of weaving transactional capability into business and consumer software. Now, one of the most prominent platforms in that business has launched a network to help connect software firms with payments companies and resources. “We’re doubling down on …

With his eponymous Durbin Amendment, passed into law just over a decade ago, Illinois’s senior senator intended to hurt large banks, along with Visa and Mastercard. The text, however, couldn’t be as expressly punitive as Durbin might have liked. He would likely have preferred capping debit interchange and network acquirer …

Consumer usage of buy now, pay later has increased significantly over the last couple of years. Research from Auriemma Consulting Group Inc. reveals the number of debit card holders offered a BNPL option in-store or online increased more than 10 percentage points between the first quarter of 2019 and the …

Digital currencies like Bitcoin have been beset for years by a limited user base and merchant indifference. As mainline players like Visa and PayPal create new services, is that about to change? Dust off any textbook on economics and you’ll find, buried somewhere in the early pages of the tome, …