Thursday , March 28, 2024

News

August, 2023

  • 10 August

    Visa Commercial Pay Deal Extended And Other Digital Transactions News briefs from 8/10/23

    Visa Inc. said it has extended for four years an agreement with U.K.-based Conferma Pay to support Visa Commercial Pay, a set of business-to-business payments technologies. Payments provider Vanco Payments said its Web-based RevTrak technology will support donations through Livingtree Give, fundraising software from the Livingtree fundraising platform. India-based Tata Group’s Tata AIA Life …

  • 9 August

    Eye on Merchants: The Square Go Booking App Debuts;  Practice Better Adds Integrated Payments

    Block Inc’s Square merchant-processing unit late Tuesday introduced Square Go, a booking app for beauty and personal-care merchants. The app allows consumers to search for, and schedule appointments with, health and beauty merchants locally. The mobile app also suggests merchants based on a consumer’s previous booking patterns. Consumers can receive …

  • 9 August

    Marqeta Will Process for Block’s Cash App Card for Another Four Years

    Marqeta Inc. late on Tuesday announced it will continue processing transactions for Block Inc.’s Cash App card product for another four years under a new agreement between the companies. The renewal will see San Francisco-based Block using Marqeta’s issuing platform through June 2027. The announcement comes days after Block reported …

  • 9 August

    i3 Verticals Revenue up 16.5% And Other Digital Transactions News briefs from 8/9/23

    i3 Verticals Inc. generated $93.9 million in fiscal third quarter revenue, up 16.5% from $80.6 million in the corresponding quarter in 2022, ended June 30. Its quarterly loss widened to $6.7 million from $4.7 million last year for the same period. Rebate-management platform Vendavo announced a collaboration with Oracle to ease payments and …

  • 8 August

    BitPay Adds Bill Payment to Its Crypto Wallet

    BitPay Inc. expanded the payment capabilities of its cryptocurrency wallet Tuesday with inclusion of bill payment. BitPay users can now pay bills with digital currency at more than 5,000 billers, the Atlanta-based company says. To enable bill payment, BitPay has partnered with Method Financial, an Austin, Texas-based provider of embedded …

  • 8 August

    How Dwolla Connect Is Another Step Away From Batch Processing

    As account-to-account payments raise their profile in the payments arena, Dwolla Inc. has launched Dwolla Connect to enable businesses to integrate the payments into their apps and connect with existing cash-management systems. One of its chief utilities is enabling a centralized location for payment information. Announced Tuesday, Dwolla Connect provides …

  • 8 August

    Circle’s Crypto Wallet Boost And Other Digital Transactions News briefs from 8/8/23

    Digital-currency platform Circle Internet Financial has collaborated with Euro Coin to announce Programmable Wallets, aimed at enabling developers to embed crypto wallets in their apps. Payments platform InComm Payments announced it has acquired Zenda, a technology provider for health and benefits administration and provider of platforms for health-savings and flexible-spending accounts. Terms were not …

  • 7 August

    Why Card Skimming, Already Bad, Is Getting Worse

    Card skimming remains a vexing problem in the United States, with the number of reported incidents increasing 20% during the first half of 2023 compared to the same period in 2022, according to the credit-data firm FICO. More concerning, however, is that the number of cards compromised as a result …

  • 7 August

    PayPal Steps Into Stablecoin Territory With Its PayPal USD

    Add a stablecoin to the roster of PayPal Holdings Inc.’s financial and payments products. Announced Monday, the PayPal USD will begin rolling out to PayPal accountholders today and in coming weeks. A stablecoin is a form of cryptocurrency pegged to a reserve asset viewed as stable, such as gold or …

  • 7 August

    iWallet’s RDC in the Field And Other Digital Transactions News briefs from 8/7/23

    Fintech iWallet, whose technology lets repair personnel and other field-service providers process checks on a smart phone, said it is seeing growth among small businesses such as those in the plumbing, appliance-repair, electrical, and HVAC fields. Financial-technology provider Ascend will provide its billing-technology platform to process transactions for NFP, a property and casualty …

Digital Transactions