Tuesday , March 19, 2019

Co-Op Financial Services Debuts Cardless Cash Access and other Digital Transactions News briefs from 7/17/18

  • Co-Op Financial Services said it is adding cardless ATM transactions to its roster of services for credit unions. Dubbed Cardless Cash Access, the service is available on Diebold Nixdorf and NCR ATMs within the Co-Op ATM Network that are managed using the Co-Op Terminal Driving program.
  • Hyperwallet, whose technology enables mass payouts to freelancers and other gig workers, said it will manage mass payments to freelance writers for WordApp.com, a content-processing platform. Last month, Hyperwallet agreed to be acquired by PayPal Holdings Inc. for $400 million in a transaction expected to close in the fourth quarter.
  • German payments firm Wirecard said it is working with Mastercard Inc. to promote contactless payments through wearable devices; Wirecard’s mobile-payment app, dubbed “boon,” is now available in Germany through consumer-electronics manufacturer Garmin International Inc.’s Garmin Pay service.
  • CellPoint Mobile, a travel-industry payments provider, said SaudiGulf Airlines is using its technology in the airline’s first mobile app to support booking flights. CellPoint Mobile said 53% of all air travel bookings in Saudi Arabia are made on a mobile device, compared with 22% globally.
  • Mobile payments specialist Glance Technologies Inc. announced it and Big Blockchain Intelligence Group Inc. entered into a strategic alliance. The two will work to establish a mutual referral and marketing relationship, among other goals. Glance is the developer of Glance Pay, which marked its U.S debut in March.
  • Columbia University and IBM Corp. announced a center dedicated to research, education, and innovation in blockchain technology and data transparency.
  • Payments provider Paystri said its services will be available to clients of Designer Advantage, developer of point-of-sale software for interior-design businesses.
  • Centerprism, developer of enterprise resource planning software, announced an integration with BluePay Processing LLC.
  • InComm, a provider of prepaid card transaction technology, said its president, Phil Graves, will retire in December after 21 years with the company. Graves will be succeeded by Stefan Happ, whose background includes more than 20 years in executive roles at American Express Co.

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