Thursday , April 25, 2024

Allied in NYDIG Deal and other Digital Transactions News briefs from 7/6/21

  • Allied Payment Network Inc., a provider of online and mobile bill-payment services, said it will work with New York Digital Investment Group (NYDIG) institutions using Allied to offer customers the ability to buy, sell, and hold Bitcoin. Allied said it and NYDIG plan to add digital payments via Bitcoin.
  • Reuters reported that Sweden-based buy now, pay later firm Klarna AB is being investigated by that country’s financial regulator following an incident in May that reportedly exposed user data during a 30-minute period. Klarna earlier said the incident did not expose users’ card details.
  • E-commerce provider BigCommerce has expanded its merchant platform in Europe beyond the United Kingdom to include the Netherlands, France, and Italy.
  • U.S. artificial-intelligence firm Cerence Inc. said it is expanding its Cerence Pay network to include voice-enabled fuel payments at the gas pump throughout Europe.
  • Fingerprint Cards AB said it will develop and launch biometric payment cards in collaboration with Japan’s MoriX Co., an electronics company.
  • Fintech FlexPay named Steve Arentzoff as senior vice president of marketing and Ray Watson as senior vice president of channel partnerships and e-commerce. Arentzoff’s experience includes stints at Medallia and Cision. Watson’s background includes roles at JPMorgan Chase, Ingenico ePayments, and Litle & Co.
  • The American Transaction Processors Coalition announced Jamie Walker, chief executive of Elavon, will succeed Royal Cole, head of the financial institution payments division at FIS Inc., as chairman. The ATPC represents the payments processing industry.

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