Chip for EBT/SNAP Cards? and other Digital Transactions News briefs from 10/28/26 – Digital Transactions
- Chip cards for recipients of the Supplemental Nutrition Assistance Program may be on the horizon because the Food and Nutrition Administration of the U.S. Dept. of Agriculture has issued a proposed rule that all states adopt the technology as one way to count fraud. Currently, just eight states issue chip cards for this program.
- Payroc WorldAccess LLC released a report on software companies and their views on integration that found 73% said their organizations had delayed or chose not to add a payment capability because of the integration cost or complexity. Payroc surveyed 750 executives.
- Buy now, pay later provider Klarna AB said CarParts.com now offers its BNPL payment options.
- MoneyGram has chosen AiPrise, an AI-based verification platform, to boost efforts in verifying and monitoring data in the markets the money-transfer company serves.
- An agreement between Ripple and Robinhood Markets Inc. will make the Ripple USD stablecoin available across Robinhood’s digital-asset trading platforms.
- In related news, an agreement between Ripple and Coinbase will allow Coinbase clients to trade and manage Ripple’s RLUSD stablecoin through Coinbase Prime, Coinbase Exchange, and the Coinbase Retail app. Launched in December 2024, RLUSD has exceeded $2.6 billion in market capitalization, resulting in part from payments applications.
- Reuters reported that Google and Apple have been fined by South Korea’s Media and Communications Commission for confining users to specific app payment systems. Google was fined 42.9 billion won, or $32.35 million, while Apple must pay 20.8 billion won, or $15.6 million.
- Paysafe announced it has introduced its PaysafeWallet in Croatia, Bulgaria, and Estonia. With the expansion, the digital wallet is now available in 25 European markets.
- VGS, developer of agentic-commerce technology, announced it will hold its second annual Agent Connect conference March 9 in San Francisco, focused on AI-based payments.
- Sonata Bank named Glenn Murray director of sponsor banking. Murray, who has worked at DreamFi and Sutton Payments, will work with fintechs to bring banking products and services to fintech customers.
