Thursday , April 25, 2024

74% of Consumers Intend to Keep Using Contactless Cards and other Digital Transactions News briefs from 11/24/21

  • Some 74% of consumers who tried using contactless cards this year plan to keep using them, up from 61% who said the same thing last year, according to a report from the Electronic Transactions Association and The Strawhecker Group.
  • Humbl Inc. released a new version of its Humbl Pay mobile wallet, including upgrades for peer-to-peer functionality and features aimed at simplifying the management of digital assets.
  • Payments provider Nuvei Corp. said a subsidiary has received an event-wagering and fantasy-sports supplier license in Arizona, which legalized online sports betting in April.
  • Afterpay said its buy now, pay later installment-payments service now applies to subscriptions, such as gym memberships, online services, and entertainment subscriptions.
  • Fraud-management platform Riskified Ltd. released its 2021 Holiday Season Report.
  • Cubic Transportation Systems said it will supply the technology to enable TransLink users in Vancouver, British Columbia, to use Interact Debit as a contactless fare payment.
  • Payments platform Tipalti Inc. said it will open an office in Toronto, adding to locations in San Mateo, Plano, and London, as well as in Israel and Vancouver, British Columbia.
  • Webb, Klase & Lemond LLC said it filed a class action lawsuit on behalf of several merchants against Priority Payment Systems LLC and Priority Technology Holdings Inc, alleging fraudulent inducement, breach of contract, and unjust enrichment. Priority did not respond to a Digital Transactions News inquiry.

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