Deluxe profit up 61.2% and other digital transactions news briefs from 1/29/26. * Deluxe Corp. reported $2.13 billion in 2025 revenue, up 0.5% from $2.12 billion in 2024. Its net income, however, grew even more reaching $85.3 million in 2025, up 61.2% from $52.9 million the year prior. In the fourth quarter, Deluxe had $535.5 million in revenue, up 2.8% from $520.5 million in the year-prior quarter. Its quarterly profit of $15.1s million was up 19.8% from $12.6 million. * The Identity Theft Resource Center released its 2025 data breach report that the number of victim notices decreased 79% from 2024 because of the lack of mega-breaches last year. * Subscription recovery platform Butter Payments launched Payments Score and Outreach, two products using agentic artificial intelligence technology. * Online checkout provider Bolt said it will work with Aethir, a cloud infrastructure provider, to enable an open-Web checkout service for games distributed outside of traditional app stores. * The Merchants Payments Coalition, advocates of the Credit Card Competition Act, said four large labor unions endorsed the CCCA's passage. * Processor Fiserv Inc. said it will work with ServiceNow, a business operations platform, to improve its operations for information technology and customer service environments for Fiserv clients. * Security firm VGS announced a one-day event set for March 3 in San Francisco and covering payments based on AI technology. * Restaurant point-of-sale specialist SpotOn outlined its hospitality zone participation at Guy Fieri's Flavortown Tailgate, an event tied to this year's Super Bowl on Feb. 8. * Bitget announced an update and redesign for its wallet app, which it says now brings into one place crypto spending on Mastercard- and Visa-branded cards, QR payments, bank transfers, and in-app shopping capabilities. * Payments-software provider Euna Solutions, formerly based in Chicago, opened its new U.S. headquarters in Sandy Springs, Ga.

Butter Payments said it raised $22 million in Series A funding, led by Norwest Venture Partners.

Butter, a payments Fintech that tackles transaction churn, has raised $22 million in a Series A funding round led by Norwest Venture Partners! Existing investors also participated in the round, including Atomic, Transpose Platform, and Spring Tide Capital. Butter CEO and founder Vijay Menon revealed the funding in a blog post today, noting it was exceptional to raise money in the very difficult economic environment where venture capital has tanked. While not providing a valuation, Menon called the funding a “gift” and testament to what his company is doing. Menon noted that accidental churn is the “single leading cause of subscription churn, resulting in nearly $500 billion in lost revenue on account of false declines per year.” As merchants and payment providers look to stop fraud, many payments are being declined with false positives. When a consumer checks out, Butter highlights there are about 128 different data elements that can be presented to complete a transaction. The challenge of churn is an issue that many companies do not realize it even exists – nor how to fix it