MagTek Teams with KwikPOS on Handheld Device and other Digital Transactions News briefs from 5/17/24

Point-of-sale technology provider MagTek Inc. said it has worked with KwikPOS, a developer of POS systems for restaurants, to develop a handheld device that links to MagTek’s gateway and uses the company’s mobile card reader.
Tassat Group Inc., a real-time settlement platform based on blockchain technology, announced it will work with cross-border payments fintech Glasstower Digital Inc. to process worldwide payments for multi-national businesses.
The fintechs Eisen and Checkbook have jointly developed Disbursement Hub, built to comply with Consumer Financial Protection Bureau rules on prompt payouts to account owners when accounts are closed.
Proxet, a custom software development company, said it completed the Arise platform for Aurora Payments, which was announced in April.

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