Monday , October 22, 2018

AmEx Anti-Steering Case Moves to Supreme Court and other Digital Transactions News Briefs from 10/16/17

  • The Supreme Court agreed to hear a controversial antitrust case in which American Express Co. is defending its anti-steering rules for merchants against challenges from 11 states led by Ohio, Reuters reported.
  • Payments provider TransCard Payments LLC announced a partnership with ExpenseAnywhere, an accounts-payable software developer.
  • Travel Centers of America LLC has selected a loyalty platform from Paytronix Systems Inc. for its Minit Mart stores.
  • The Bill and Melinda Gates Foundation released an open-source software program for creating payments platforms to aid unbanked individuals across the globe to access digital financial services. The free software is available now.
  • Digital-currency developer Ripple Labs Inc. announced a rebate program for financial institutions that are the first in their markets to process commercial payments on the RippleNet network; the program offers rebates on licensing and integration fees and has a total value of $300 million available in dollars or Ripple’s XRP cryptocurrency.
  • Kyriba Corp., a provider of cloud-treasury and financial-management solutions, launched a module it says can detect and stop payments fraud in real time.

Check Also

Visa And Mastercard Announce Moves to Ease And Secure Online Commerce

Concepts like tokenization, biometrics, and secure e-commerce have attracted much attention in recent years, and …