Friday , April 12, 2024

AfterShip Apple Wallet Updates And Other Digital Transactions News briefs from 2/21/2024

  • AfterShip, an e-commerce service, said it has enabled merchant users to get real-time delivery updates and track orders through Apple Wallet.
  • Fortress Payments, a fintech for credit card issuing and acquiring, said it will work with AI-software provider Paravision to update Fortress’s Payment Identity Platform via face-matching and “liveness” technology.
  • Nexxchange, a European provider of technology for golf-course operators, will work with U.S.-based encryption and tokenization provider Bluefin to offer unattended-payment technology to golf courses and resorts globally.
  • Mortgage servicer LoanCare announced an update of its mobile app, MyLoanCare Go, which includes autopay for monthly payments, paperless billing, and other new features.
  • Consumers are more trusting of social-media e-commerce sites than are the companies that sell on those sites, according to “Crossing the e-commerce trust divide,” a study commissioned by the insurer Chubb and run by iResearch Services. Some 85% of consumers say they trust the sites while 65% of sellers don’t trust them for payments processing and 58% lack trust in them for security and privacy. The iResearch survey was conducted in November among 526 online sellers and 500 consumers who buy from online channels, including social-media marketplaces.
  • Wix.com Inc., which builds and manages e-commerce sites, reported total bookings on its sites grew 6% to $395 million in the fourth quarter and 9% to $1.6 billion for the full year.
  • The Western Union Co. and fintech Mercado Pago announced users in the United States and Canada can now send money from Western Union’s mobile app, its Web site, or its retail locations to Mercado Pago digital wallets in Mexico.
  • Montreal-based payments provider Nuvei Corp. said it has begun local acquiring operations in Colombia, adding it is the first processor to do so in that country.
  • Payments-technology firm Bread Financial Holdings announced its board has approved a plan to purchase up to $30 million of the company’s common stock.
  • The Conference Board’s Leading Economic Index fell 0.4% to 102.7 in January, after slipping 0.2% in December, the group reported. For the six months from July to January the index fell 3%, a slower rate of decline than the 4.1% seen in the previous six months.

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