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  • Breaking Industry News

    Breaking News articles for July 2025

    Toast ups the ante with new handheld POS

    Thursday, July 31, 2025

    Toast today debuted Toast Go?3, its next-gen handheld POS designed for hospitality environments where restaurants operate beyond fixed Wi?Fi, such as patios, food halls, curbside pickup and festivals.

    Read the whole story

    PayPal to connect world's main payment systems, digital wallets

    Wednesday, July 30, 2025

    PayPal wants to be available anywhere in the world that you want to make a purchase. The payments company is rolling out PayPal World, a global platform to connect the world's largest payment systems and wallets.

    Read the whole story

    MWAA to honor Ken Musante

    Tuesday, July 29, 2025

    In recognition of Ken Musante's upcoming Lifetime Achievement Award at the Midwest Acquirers Association conference, The Green Sheet is pleased to share this timely conversation between Musante and Allen Kopelman, CEO of Nationwide Payment Systems and host of the B2B Vault podcast.

    Read the whole story

    Eliminating pennies will produce merchant windfall

    Monday, July 28, 2025

    The U.S. Department of the Treasury is expected to stop producing pennies in July 2026, in accordance with an executive order issued by President Trump in March 2025. Now a new report out of the Federal Reserve Bank of Richmond suggests the move will result in a "rounding tax" costing U.S. consumers over $6 million a year. If the government decides to cease producing nickels as well, the cost to consumers would balloon to almost $56 million annually, the report revealed.

    Read the whole story

    Green Sheet interviews RS2's Radi El Haj

    Friday, July 25, 2025

    In today's rapidly evolving payments landscape, complexity is no longer a back-office issue; it's a global crisis affecting everything from user experience to financial inclusion. In this Q&A, Radi El Haj, CEO of RS2, shares his insights on the forces driving this crisis, the pitfalls of one-size-fits-all strategies in high-growth regions like Latin America, and why the future of payments hinges on unified infrastructure, regulatory innovation and a shift in mindset among fintechs worldwide.

    Read the whole story

    Keeping cash in the mix

    Thursday, July 24, 2025

    There is no disputing it: digital payments dominate the payments mix. That doesn’t mean there is no place for cash, however. Several states, New York most recently, have passed laws requiring that merchants accept cash payments.

    Read the whole story

    Remembering Jack T. Baldwin: Teacher, technologist, trailblazer

    Wednesday, July 23, 2025

    Jack T. Baldwin PhD, co-founder and CEO of BHMI and a widely respected figure in the payments and technology sectors, died on July 18, 2025, after facing leukemia with unwavering strength and grace. He was 78.

    Read the whole story

    Same-day payments lead ACH growth

    Monday, July 21, 2025

    The ACH network continues to chart solid growth, driven in large part by same-day payments, Nacha reported. Overall, 8.7 billion payments valued at $23.3 trillion moved across the ACH network in the quarter ending on June 30, 2025. That's a 5 percent increase in transactions and a 7.9 percent increase in value over the same quarter last year.

    Read the whole story

    Crypto week ends on high note

    Friday, July 18, 2025

    Congressional leaders delivered on their promise to pass legislation this week establishing the first-ever set of federal rules governing the U.S. stablecoin market. Stablecoins are digital assets (or cryptocurrencies) pegged to instruments with fixed monetary value, such as the U.S. dollar.

    Read the whole story

    Real growth in real-time payments

    Thursday, July 17, 2025

    Real-time payments adoption is accelerating. Not just in numbers, but in value. During the second quarter of 2025, the RTP network, the nation's only private sector real-time payment network, averaged 1.18 million payments a day, processing a total of $481 billion. That's a 195 percent jump in value over the previous quarter.

    Read the whole story

    Aussies to slash interchange, ban surcharging

    Wednesday, July 16, 2025

    The Reserve Bank of Australia released a consultation paper on July 15, 2025, proposing to put an end to merchants assessing surcharges on payments made using Mastercard or Visa debit cards. What’s more, it said the cap on credit card interchange fees paid by businesses need to be lowered, and the card brands and acquirers need to publish the fees they charge.

    Read the whole story

    AppOmni report finds urgent gaps in SaaS security readiness

    Tuesday, July 15, 2025

    SaaS security is becoming a critical enterprise concern, but many organizations are not as prepared as they believe, according to the recently released State of SaaS Security 2025 Report from AppOmni. The SaaS and AI security company's third annual report revealed a sharp rise in SaaS-related security incidents and mounting risks stemming from AI-enabled applications, all while organizations cling to a false sense of confidence in their existing protections.

    Read the whole story

    Bye, bye federal checks

    Friday, July 11, 2025

    The federal government wants to start phasing out paper checks beginning Sept. 30, 2025. This is according to an executive order signed by President Trump on March 25. Not surprisingly, the feds have received plenty of recommendations for how to accomplish this feat. Among them: the person-to-person payment network Zelle.

    Read the whole story

    Green Sheet interviews Ingenico's James Lloyd

    Thursday, July 10, 2025

    This summer, as temperatures rise and foot traffic picks up across retail, travel, and hospitality, merchants are under pressure to deliver seamless payment experiences that meet evolving consumer expectations. In this Q&A, The Green Sheet touches base with James Lloyd, head of transformation at Ingenico, to explore the payment trends shaping the season, from mobile wallets and contactless cards to the growing popularity of QR codes and SoftPOS solutions.

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    A penny for your thoughts, err that POS device

    Wednesday, July 09, 2025

    It's not often you see a card brand involved with giving away hardware. But that's what's happening, through a collaboration between Mastercard and Fiserv. The two companies are running a sale, offering up to 1,000 qualifying small businesses Clover POS devices for just a penny a month in hardware rental fees.

    Read the whole story

    Stakeholders tackle AI?fueled fraud in Web3, digital channels

    Monday, July 07, 2025

    Bitget, a global cryptocurrency exchange, concluded its 2025?Anti?Scam Month, an awareness and education campaign designed to fortify users against escalating Web3 fraud. Throughout June, Bitget rolled out its flagship Smarter Eyes Challenge, designed to be an engaging, comic-style mini-game simulating real-world scams such as phishing, social engineering and fake token approvals.

    Read the whole story

    Walmart hit with $10M fine for turning blind eye to scammers

    Thursday, July 03, 2025

    Walmart will pay $10 million to settle Federal Trade Commission charges that it turned a blind eye to scammers who used the mega retailer's in-store money transfer services to bilk U.S. consumers of hundreds of millions of dollars.

    Read the whole story

    ETA spotlights FTC action against Paddle, prepares for AI future

    Tuesday, July 01, 2025

    As previously reported in The Green Sheet, the UK payment processor Paddle.com Market Ltd., and its subsidiary, Paddle.com Inc. (based in Delaware), will pay $5 million and be permanently banned from processing payments for tech-support telemarketers under a settlement reached with the Federal Trade Commission on June 16 2025. See the full article here.

    Read the whole story

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