Industry News

FISERV, the second largest US merchant acquirer, has launched Unknown Shopper from Fiserv for retail, restaurant and fuel merchants and their marketing partners. Unknown Shopper from Fiserv is billed as a service that transforms payment data into actionable insights that support more relevant engagement and better customer experiences. Users can build customer segments based on spending patterns and deliver relevant offers and experiences to customers not already connected to a loyalty program.

INGENICO has integrated with WalletConnect to support stablecoin payments directly at checkout in stores where Ingenico Android-based POS terminals are deployed. WalletConnect facilitated over $400 billion in crypto volume on its network in 2025 from more than 700 compatible wallets. More than half was stablecoins, including USDC, EURC and USDT.

ONEBILL, a subscription billing and revenue management company, has integrated with Linked2pay, a cloud-based payment gateway that facilitates card, ACH and remote deposit transactions. The partners will offer their service to ISOs and merchants.

THE U.S. SECRET SERVICE conducted 22 EBT fraud and ATM skimming operations in more than 17 US cities in 2025 in partnership with federal, state and local law enforcement agencies. More than 9,000 businesses were visited and 411 illegal skimming devices were removed. Nearly 60,000 POS terminals, gas pumps and ATMs were inspected. Criminals steal EBT and other card numbers by installing skimming devices, which capture card information. They then encode that data onto another card with a magnetic stripe. Criminals time their fraudulent withdrawals and purchases around monthly deposits.

WORLDLINE, Europe’s sixth largest merchant acquirer, has added Model Context Protocol (MCP) servers to its Global Collect processing platform to act as a bridge and translation layer between large language models and Worldline APIs to support agentic commerce. MCP enables AI agents to initiate payments, refunds, status checks and payment captures via natural language. The company has also created a hub called ConnectAI for developers and merchants to explore, build, test and prepare for agentic commerce.

VISA and APPLE are working with banks in China to provision Visa account credentials to Apple Pay wallets. Cardholders will be able to make payments in-store, online and in-app at Visa merchants outside of China. Of the 10 largest payment card issuers in the Asia-Pacific region, 8 are in the first batch of banks in China to have completed work with Visa and Apple on the project. The other large card issuers in China are working on rollout.

PAYSAFE has become a recommended payment card processor for online merchants connected to the payment orchestration platform of Pay.com. Three alternative payment method products of Paysafe—Skrill and Neteller digital wallets and the voucher-based PaysafeCard—have also been integrated with the Pay.com platform.

GIFTCARDS.COM, a Blackhawk Network company, is offering consumers 5% cash back when they opt-in and purchase prepaid cards using their PayPal wallet. The offer expires seven days after consumers save it in the PayPal app.

TREVIPAY is making its Pay by Invoice order-to-cash accounts receivable automation technology available to Visa-issuing banks. Business-to-business trade credit is funded by the issuer.

TRUELAYER, a UK-based pay by bank payment provider, has expanded into Finland with Stripe and local processor Kustom Checkout. The 24,000 online merchants connected to Kustom Checkout can use TrueLayer’s open banking technology to offer pay by bank to their consumers. TrueLayer and Stripe introduced pay by bank in the UK, France and Germany in 2025.

DXC TECHNOLOGY will integrate its Hogan core banking platform with Euronet’s Ren platform, which processes card accounts and payments. Hogan software is used to manage more than 300 million deposit accounts worldwide. Mutual Euronet and DXC customers will be able to adopt preintegrated issuing and payment services that support debit, credit and revolving credit programs as well as gateways for payment acceptance.

TENCENT, a China-based payment processor, will incorporate Mastercard’s Click to Pay into its Midas cross-border payment system for online entertainment content. Click to Pay enables buyers to skip the manual entry of card credentials and confirm payments with biometric (fingerprint or facial) authentication.

MASSPAY has integrated its proprietary orchestration platform with Visa Direct to offer businesses faster cross-border payouts to cards, bank accounts and digital wallets. Use cases include gig workers, marketplace sellers and independent contractors. The MassPay routing engine analyzes each transaction in real time and automatically selects the most efficient path for delivery of funds based on speed, cost and compliance.

NEWLAND PAYMENT TECHNOLOGY’S Android-based POS terminals will be distributed in North America by NewBold, which handles technology management for retailers and quickservice restaurants. NewBold operates a PCI-certified infrastructure and nationwide service network that serves PSPs, gateways, ISVs and enterprise merchants in the US and Canada.

NUVEI, a provider of merchant acquiring, gateway and processing services to merchants worldwide, will offer the travel industry and marketplace customers integrated into its network virtual card technology from Wex. Virtual cards streamline supplier payments by automating issuance. They also provide built-in controls and increased transparency across the pay-in and payout process. Wex offers a global virtual card infrastructure.

AFFIRM, a top BNPL and installment loan provider in the US, Canada and the UK, has submitted an application to the Nevada Financial Institutions Division as well as to the Federal Deposit Insurance Corporation in the US to establish Affirm Bank. The bank will help Affirm expand the financial products it offers. Since 2012, Affirm has extended nearly $130 billion in credit to 60 million people.

SWIIPR provides airlines with an instant payout product via Mastercard-branded virtual cards. The company will use Google’s web push provisioning service to offer airlines the ability to instantly provision compensation cards without passengers needing to download an app. An estimated 500 million passengers are impacted by disruptions in their air travel plans annually. In several jurisdictions, airlines need to provide immediate assistance and compensation.

THREDD will provide its full-stack cards-as-a-service (CaaS) platform to Philippines-based Netbank. The bank, which has more than 120 fintech customers, will use the platform to issue virtual and physical cards with spend controls and integration with Google Pay.

Nexi, the second largest merchant acquirer in Europe, has expanded its partnership with Zucchetti into Switzerland. Zucchetti provides software products to hospitality and retail sector customers.  The companies, which previously launched an integrated commerce and payment serve in Italy, will rollout into Austria and Germany this year.

Klarna, which provides flexible payment plans to more than 100 million consumers worldwide, has launched its Agentic Product Protocol, which makes products on the internet easy to discover and purchase. The protocol defines a common language for how AI systems, merchants and platforms exchange product data. Klarna’s APP gives AI systems access to a live, structured feed of more than 100 million products and 400 million prices standardized in 12 countries. 

Stripe has introduced Agentic Commerce Suite, a low-code technology created to help businesses get ready to sell through multiple AI agents. Through a single integration, businesses including ecommerce platforms BigCommerce, Wix, Etsy, Squarespace and WooCommerce and retailers Anthropologie, Coach and Urban Outfitters, will use Agentic Commerce Suite. Previously, Stripe launched Agentic Commerce Protocol, an open standard for agentic commerce.

PayPal Holdings has submitted an application to the Utah Department of Financial Institutions and the Federal Deposit Insurance Corporation (FDIC) to establish PayPal Bank, an industrial loan company. If approved, customer deposits at PayPal Bank would be eligible for FDIC insurance coverage. In addition to interest-bearing savings accounts, PayPal Bank will offer loans to small businesses. PayPal has provided access to $30 billion in loans and working capital to more than 420,000 business accounts worldwide since 2013.

Visa has launched a Stablecoins Advisory Practice, a suite of services designed to guide strategy and implementation of stablecoin programs, as part of its Visa Consulting & Analytics (VCA) unit. Stablecoins offer the promise of speedier payments at lower cost. VCA is a global network of consultants, data scientists and product experts.

MassPay has integrated its proprietary orchestration platform with Visa Direct to offer businesses faster cross-border payouts to cards, bank accounts and digital wallets. Use cases include gig workers, marketplace sellers and independent contractors. The MassPay routing engine analyzes each transition in real time and automatically selects the most efficient path for delivery of funds based on speed, cost and compliance requirements.

Payoneer, which operates a financial platform that facilitates cross-border business and global payments, has selected Oscilar to modernize its fraud and risk intelligence across core payment systems. Oscilar's no-code risk decisioning platform leverages agentic AI and advanced signal processing to analyze complex data, detect anomalies and automate decisions for fraud, credit and compliance.