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Visa Finishes Strong, Even With the DoJ Taking It to Court
Despite the dark cloud the U.S. Department of Justice’s recent lawsuit over Visa Inc.’s debit business has cast over the network, Visa finished its fiscal year 2024 on a strong note. Among the...
View ArticleNew Clover Devices Debut and other Digital Transactions News briefs from...
Fiserv Inc. announced enhancements to its Clover point-of-sale technology set, including new devices; integrations such as payroll; and financial functions such as cash discounting, cash advances, and...
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Mastercard Looks for Growth Across a Widening Field
Mastercard Inc.’s top management on Thursday made it plain its ambitions for the card payments company have widened dramatically in recent months as the network looks for expansion in such areas as...
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A Court Hears Arguments Over a Possible Injunction Against the Illinois...
Arguments over whether the U.S District Court for the Northern District of Illinois should grant a preliminary injunction to block the scheduled implementation of the Illinois Interchange Fee...
View ArticleNacha’s Pay by Bank Definition Work and other Digital Transactions News...
Nacha, the regulatory body for the automated clearing house network, said its Payments Innovation Alliance group has initiated an effort to define the term “pay by bank” for various industry...
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How Embedded Finance Programs Are Finding New Outlets
Talk of embedded finance, the marrying of financial services with unrelated applications for businesses, threaded through the Money 20/20 conference this week in Las Vegas, as fintechs and financial...
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Who Will Benefit Most Becomes the Latest Flash Point in the Battle Over the...
The latest controversy about the law, which passed in June, revolves around a study from the Electronic Payments Coalition that says the largest merchants stand to see millions of dollars in...
View ArticleShopify Taps Coveo’s AI and other Digital Transactions News briefs from 11/1/24
Artificial intelligence platform Coveo said it will provide AI commerce services to Shopify Inc. enterprise customers. NCR Atleos Corp. announced Rontec, a Shell and Esso BP station operator in the...
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Eye on E-Commerce: USDA Approves Gopuff To Accept Online SNAP Payments;...
Gopuff, the online food and beverage delivery platform from GoBrands Inc., is now accepting SNAP payments (Supplemental Nutrition Assistance Program) for online orders nationwide. The deal makes...
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FIS Restarts Its M&A Engine As It Looks to Its Worldpay Stake for a Payoff
More than a year after spinning off a majority interest in the massive Worldpay merchant-processing platform, FIS Inc.’s top brass said early Monday the move is already paying off. And the company is...
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