Monday , May 13, 2024

Green Dot Dollar Volume Up and other Digital Transactions News briefs from 2/20/20

  • Prepaid card and banking services provider Green Dot Corp. reported $10.6 billion in gross dollar volume on its products for the fourth quarter, up 8% year-over-year. Green Dot also announced a multi-year extension of its contract with Apple Inc. for issuing the Apple Cash card.
  • ATM network operator Cardtronics plc said Amazon.com customers can now add cash to their Amazon balances at more than 400 deposit-taking ATMs within the Cardtronics-owned Allpoint+ surcharge-free network.
  • Payments gateway Cardknox launched a point-of-sale application that aids developers wanting to integrate EMV-ready POS terminals with browser-based POS systems.
  • The Bancorp Bank announced an extension of its agreement to provide private-label banking services, including debit card issuance, for Chime Financial Inc., a so-called challenger bank that operates only in online and mobile channels.
  • The PCI Security Standards Council published a guide for large organizations on complying with the Payment Card Industry data-security standard.
  • Fiserv Inc. completed the sale of 60% of its Investment Services Business unit to Motive Partners for $510 million after tax. Fiserv retained 40% of the unit.
  • PIN-on-mobile specialist MyPINPad named Colin Greene its chief executive. Greene’s career includes stints at NCR, Intel, and most recently, Apple Inc.
  • Digital-wallet provider Coinbase Inc. said Visa Inc. has approved it as a principal member, making Coinbase the first pure-play cryptocurrency company to receive a Visa membership. Coinbase introduced its Coinbase Card, a Visa debit card, in the United Kingdom last year; the card is now available in 29 markets.
  • Sweden’s central bank, the Riksbank, said it has begun testing an e-krona, a digital version of the country’s krona currency, Reuters reported. If launched, the e-krona would be the world’s first central-bank digital currency.

Check Also

Shift4 Addresses Sale Rumors, Lays Out Strategic Plan During Q1 Earnings Call

After months of speculation that Shift Payments Inc. was an acquisition target, company founder and …

Digital Transactions