Wednesday , May 8, 2024

Processor Provides Prepaid Services and other Digital Transactions News briefs from 8/28/18

  • Merchant processor Payment Data Systems Inc. said its FiCentive prepaid card subsidiary will provide program management and processing and develop Web and mobile applications for University Fancards, which offers university-branded gift and reloadable prepaid cards.
  • Speedpay Inc., Western Union’s bill-payment unit, has adopted a customer-guidance tool based on artificial intelligence from technology vendor Beguided Inc.
  • Payments provider North American Bancard Holdings LLC says it is offering merchants employee-management software from Homebase through NAB’s PayAnywhere technology platform.
  • Digital-banking technology provider Kony Inc. said it will offer support for peer-to-peer payment, bill payment, and fraud mitigation to financial institutions through a collaboration with Payveris LLC, a money-movement technology platform provider.
  • Amazon.com Inc. on Monday opened a second cashier-less Amazon Go store in downtown Seattle, TheVerge.com reported.
  • Increasing corporate adoption will drive total revenue from sales of blockchain technology to $20.3 billion by 2025, up from $4.6 billion this year, according to researcher Tractica. In a ranking of the 10 biggest expected use cases, international currency transfer will rank second and payments will rank seventh, according to the firm’s projections.
  • ATM network operator FCTI Inc. unveiled its online resource center of files, templates, and other marketing materials for its bank and credit-union partners.

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