Monday , November 18, 2019

Sezzle Enters Canada and other Digital Transactions News briefs from 6/24/19

  • Point-of-sale installment-loan provider Sezzle Inc. said its service is now available at “thousands” of online stores in Canada.
  • SSI Group, a provider of payments-related software for the health-care industry, announced a capability that relies on machine learning to predict when providers will receive payments from payers.
  • In related news, U.S. Bank and Inworks, an accounts-payable automation company, said they are collaborating on products to simplify business-to-business health-care payments.
  • Also in related news, Ingenico Group launched two new payment devices with antimicrobial protection for hospital and medical-office settings. The new terminals are the Lane/7000 AM smart terminal and Moby/M70 AM tablet POS device.
  • Comdata Inc. said its OnRoad app, launched last year with a payment card that works for both trucking-company and driver purchases, now has more than 10,000 daily users. The app, available in both Android and Apple versions, has been updated to feature TouchID/FaceID login as well as bank transfers and peer-to-peer payments. Also, more than 40,000 OnRoad cards are now in use, Comdata said.
  • 7-Eleven Inc. updated its 7NOW delivery app to allow users to order delivery to specified public locations such as parks, beaches, and entertainment venues. The new 7NOW Pins service lets users pick up their delivery at places within 200 U.S. metropolitan areas.
  • MoneyGram International Inc. announced it and Canada Post introduced a flat fee of $10 for transfers up to $500 sent from anywhere in Canada to anywhere in the world.
  • A fake Web site has surfaced to take advantage of publicity surrounding Libra, a new cryptocurrency initiative led by Facebook Inc. and including 27 other companies so far. The bogus site offers to sell Libra tokens in a so-called pre-sale.
  • BitPay Inc. said it has processed more than $37 million in cryptocurrency donations since 2017.

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