Industry News

EXPERIAN and PLAID are collaborating to offer lenders in the US their combined expertise to deliver real-time cash flow data and credit analytics. When a consumer consents to share cash flow data from their bank account as part of a loan application, a report is generated by Plaid and delivered to Experian, which analyzes the data and returns a predictive score or set of cash flow attributes to the lender in near real time.

VERIZON will offer customers in its retail stores a Pay by Bank option through a processing deal with Trustly. The telecommunications company, which operates about 1,400 retail locations, already offers Trustly’s Pay by Bank solution for bill payments. The new service allows customers at brick-and-mortar locations to use Pay by Bank for transactions and offers discounts to those who enroll in autopay using Trustly. Trustly offers Pay by Bank services to over 9,000 merchants across more  than 30 countries in Europe and North America.

TRUST PAYMENTS, which provides payment processing, retail operations technology and loyalty management services to 20,000 merchants in the UK and EU, has integrated with Trulioo’s identity platform to support the verification of individuals and businesses when onboarding new accounts. Trulioo can verify more than 14,000 ID documents and 700 million business entities covering 195 countries. Trust Payments processes more the $1.30 billion in payments monthly.

EFLOW, a payment service provider to online merchants, mostly in Europe, has boosted its chargeback prevention and management services with technology from US-based DisputeHelp. Tools from DisputeHelp address Ethoca Alerts, Visa RDR, Verifi Inform and more and include delivery of transaction and merchant details to cardholders and issuers.

DEUTSCHE BANK MERCHANT SERVICES will integrate with Mastercard’s open banking technology to promote A2A payments, particularly its Request to Pay (R2P) service. R2P will be promoted as a preferred payment method to the bank’s merchants. It delivers real-time processing and immediate confirmation of payment.

PayXpert, an omnichannel payment processing subsidiary of France-based Societe Generale, will offer JCB card acceptance to its merchants in Europe. There are 169 million JCB cardholders, most are in Asia.

Transcard offers a payment orchestration platform with multirail capabilities, embedded workflows, system of record integration and more, to banks, fintechs and other businesses. To grow its business outside the US, Transcard has formed a partnership with Thredd, a provider of card-issuing processing support to more than 100 fintechs, digital banks and embedded finance providers in 47 countries.

Token.io, a provider of account-to-account (A2A) payment infrastructure ta provider of account-toaccount (A2A) payment infrastructure  to Tier 1 banks and payment service providers (PSPs) in Europe, is the first third-party provider to be admitted to the giroAPI scheme in Germany. GiroAPI, which launched in January 2025, provides standardized interfaces, legal agreements and a governance framework that connects banks to thirdparty providers. As a member, Token.io will deliver A2A payment features to GiroAPI partners, including online micropayments, recurring and future-dated bank payments.

Token.io, a provider of account-to-account (A2A) payment infrastructure ta provider of account-toaccount (A2A) payment infrastructure  to Tier 1 banks and payment service providers (PSPs) in Europe, is the first third-party provider to be admitted to the giroAPI scheme in Germany. GiroAPI, which launched in January 2025, provides standardized interfaces, legal agreements and a governance framework that connects banks to thirdparty providers. As a member, Token.io will deliver A2A payment features to GiroAPI partners, including online micropayments, recurring and future-dated bank payments.

DCS Card Centre, formerly known as Diners Club Singapore, will offer its Flex Visa Platinum cardholders the opportunity to earn and redeem carbon credits to offset carbon emissions. Sphere, an Australian-based SaaS company, provides banks with transactional carbon emissions insights AND automated, fractional carbon offsets in accredited environmental projects - enabling banks to display this information real time in their mobile apps. Other Sphere bank partners in Asia are Sacombank and Techcombank in Vietnam and MayBank and Public Bank in Malaysia.

DCS Card Centre, formerly known as Diners Club Singapore, will offer its Flex Visa Platinum cardholders the opportunity to earn and redeem carbon credits to offset carbon emissions. Sphere, an Australian-based SaaS company, provides banks with transactional carbon emissions insights AND automated, fractional carbon offsets in accredited environmental projects - enabling banks to display this information real time in their mobile apps. Other Sphere bank partners in Asia are Sacombank and Techcombank in Vietnam and MayBank and Public Bank in Malaysia.

Curve is a UK-based provider of a wallet that enables cardholders to switch a purchase from one card issuer to another subsequent to the time of purchase and split payments between cards. More than six million people in the UK and European Economic Area use the Curve Wallet, which also offers rewards and real-time spending insights. The company has added Curve Pay on iOS, an iPhone NFC interface, to add spending options for iPhone users who previously were locked in to Apple Pay. Curve Pay recently launched an NFC interface for Android devices.

Dillard’s, a department store chain with more than 270 stores in 30 states, has sued Wells Fargo, the 8th largest US credit card issuer, alleging that it lost tens of millions of dollars in a now defunct American Express co-brand card partnership. The litigation, which was filed in federal court in Manhattan, complains that Wells Fargo was an “unwilling and incapable partner” after receiving consent orders from the Federal Reserve and Consumer Financial Protection Bureau. Wells Fargo ended the co-brand partnership. It sold the Amex card accounts and Dillard’s private label credit card portfolio to Citi in 2024.

Worldpay, the third largest merchant acquirer worldwide based on card payments processed, has obtained domestic acquiring capabilities in Colombia. In Latin America, the company already maintains domestic acquiring businesses in Argentina, Brazil and Mexico. Global Payments, a competing merchant acquirer, has made a $22.70 billion cash and stock offer to takeover Worldpay

SHIFT4, a top merchant acquirer in the US and Europe, will integrate with UATP’s payment infrastructure for the global travel market.

Sinch technology enables businesses to transform one-way mobile alerts into two-way, purposeful conversations with customers. Examples include facilitating a co-pay, accepting a delivery, completing a purchase and confirming a flight change. The company has formed a partnership with Authvia, the company behind Text2pay, to bring digital conversations to mobile payments within messaging channels such as SMS, RCS and WhatsApp.

Netopia Payments has become the first card processor in the world to implement Click to Pay with Passkey FIDO (Fast Identity Online).  The company, the largest processor in Romania, worked with Mastercard to achieve the certification, which is built on EMV standards. Click to Pay eliminates the need to manually enter payment card numbers or one-time authentication codes at a merchant’s checkout page. Passkey authentication incorporates fingerprint or facial recognition biometrics.

Airwallex merchants in Australia, Europe, Hong Kong, Singapore and the US can now accept payments from Discover and Diners Club cards. More than 150,000 businesses worldwide use Airwallex services including payments, treasury, spend management and embedded finance.

MuchBetter, a UK-based fintech that offers multiple payment methods in its digital wallet app, has launched a Mastercard-branded MuchBetter Corporate Card. Features include a self-service portal that allows for full card management, access to reports and centralized receipt collection. Companies can issue virtual cards in seconds with customized spending limits. NatWest is the card issuer.

Equifax has launched B2bConnect, which makes commercial marketing data on 67 million US-based small and midsized businesses available on the Equifax Cloud. The platform enables filtering and list-building features, including demographics, business contacts, firmographics, marketability and industry codes, for lead generation to target prospects.

Albertsons Companies, a leading food and drug retailer in the United States which includes Safeway, Albertsons, ACME, Vons and other banner stores, will offer Trevipay’s Pay by Invoice to its business customers. Trevipay’s B2B payments and invoicing network will provide a dedicated line of credit to Albertsons Cos.’ clients for online grocery purchases with 30-day net terms. Additionally, customers will receive a self-service portal to assign spending limits to approved purchasers and real time tracking of invoices.

Au10tix, an identity verification and fraud prevention specialist company, has launched a continuous risk monitoring feature as part of its anti-money laundering service. Typically, AML services screen individuals and businesses only during onboarding or for periodic reviews. Au10tix delivers an adaptive risk scoring that is continuously recalibrated based on real-time data and changing user behavior.

Clover, the point-of-sale and business management platform of global merchant acquirer Fiserv, has launched Clover Hospitality by BentoBox, a customized point-of-sale system built for upper market restaurants. Clover Hospitality technology helps restaurants increase operational efficiencies, including through websites, ordering, reservations and marketing. Clover serves more than 125,000 restaurant customers.

Nuvei, a payment processor with local merchant acquiring capabilities in 50 markets, enables ecommerce businesses to accept Wero, the digital wallet and service mark of the European Payments Inititaive (EPI).  Wero facilitates A2A transfers using SEPA Instant Credit Transfer protocols in online checkout pages. Funds are sent within 10 seconds using mobile numbers, email addresses or QR codes.

Cross Switch, a payment service provider serving merchants in South Africa, Morocco, Ivory Coast and Latin America, has expanded into Kenya in partnership with Pesawise, a payment service provider licensed by the Central Bank of Kenya.