Thursday , December 12, 2024

Adyen Gets OCC Approval and other Digital Transactions News briefs from 6/14/21

  • Payments provider Adyen NV announced the Office of the Comptroller of the Currency has approved the company’s application for a federal foreign branch in San Francisco. The Federal Reserve granted its approval in May. Adyen says the U.S. branch license will allow its single platform to scale and introduce more services for client merchants in the United States.
  • Coro Global Inc., which uses distributed-ledger technology to support gold as a medium of exchange, said its Coro Corp. unit has received a U.S. money-transmitter license in Tennessee. Coro now has licenses in 29 states, the District of Columbia, and Puerto Rico.
  • Payments provider Stripe Inc. launched Stripe Identity, a service that relies on Stripe’s own ID technology to let online businesses verify users from more than 30 countries.
  • BMO Harris Bank is broadening its ties to FIS Inc. with a multi-year agreement to incorporate FIS technology in its core banking systems.
  • Wafaa Mamilli, chief information officer at animal-health company Zoetis Inc., has joined the board of directors of Fiserv Inc.

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