Issuing/Originating

The Berks Area Regional Transportation Authority in Reading, Pa., will launch its Go Mobile payment app Jan. 26, allowing riders to use a mobile device to pay for bus fares and passes. The app was developed by Modeshift Inc., a specialist in technology for transit agencies.Bestpass, a processor of toll payments for …

Online account debiting has grown in usage and prominence as consumers and businesses turn to e-commerce in the face of the coronavirus pandemic. But now many businesses are reckoning with a rule that will take effect in March that requires sellers using the automated clearing house to perform more rigorous …

Givingli Inc., an app provider for virtual greeting cards and gifts, will use the Blackhawk Network platform to allow app users to send digital gift cards.Gateway NMI outlined its 2021 ambitions, including launching a tap-on-phone solution that will build on its recent partnership with Mastercard Inc.’s Cloud Tap on Phone.Gamber-Johnson LLC, a maker of mounting …

The holiday shopping season may be over, but the holiday returns are coming in at full force. Data from PSCU, a credit union service organization, showcases the impact the rise in e-commerce spending is having on returns. Return purchases using debit cards were up 76.2% for the week ending Jan. …

Standards are the prerogative of the International Organization for Standardization (ISO) for most industries around the world. According to ISO, “ISO standards are internationally agreed by experts” and “should be thought of as a formula that describes the best way of doing something.”  Unfortunately, the roles of ISO and its …

Visa Inc. has dropped its year-old, $5.3-billion bid for the data network Plaid Inc. in the wake of an antitrust lawsuit filed by the U.S. Department of Justice. The DoJ feared Visa could use Plaid’s links to financial institutions to stifle competition in the debit market, a contention Visa denied.The big drugstore chain Walgreen …

Unlike many fintech startups, Walmart’s Inc.’s new financial company is expected to be a formidable player right out of the gate. The retail giant unveiled plans late Monday to partner with Ribbit Capital to create a fintech that will provide what Walmart describes as “modern, innovative, and affordable financial solutions.” …

Wells River Bank has agreed to join the Real Time Payments network operated by The Clearing House Payments Co. LLC. The bank will connect to the network through the Shazam EFT network’s Shazam Pay faster-payments gateway.Payments provider Lightspeed POS Inc. launched its Lightspeed Supplier Network, a platform aimed at North American merchants to …

As part a strategy to widen its market for banking solutions, Green Dot Corp. Wednesday launched GO2bank, a mobile-banking application intended to help the 7.1 million unbanked households in the United States manage their finances.  Green Dot says it is launching the program as a way to eliminate the costly …

PayPal Holdings Inc. may have prevailed in its lawsuit against the Consumer Financial Protection Bureau over the CFPB’s rules pertaining to prepaid cards and digital wallets, but the overarching legal battle is likely to continue. The ruling, which was handed down Dec. 30 by U.S. District Judge Richard Leon and …