AmEx Expands Virtual Card Offerings and other Digital Transactions News briefs from 9/24/21

American Express Co. said it is working with Extend, a virtual card specialist, to expand its virtual card options for U.S. businesses.
Gift card provider Factor4 LLC said it is work with SavorConnect, a cloud-based integration platform, to make its gift cards that can used online, in stores, and with mobile devices available on Shopify’s platform.
The Third Party Payment Processors Association submitted its response to two proposed rules in California that could affect companies that provide financial products and services to state residents.
Afterpay Ltd. has agreed to provide installment credit for purchases on Fashion Nova, an e-commerce fashion platform. Square Inc. last month agreed to buy Afterpay in a $29-billion deal expected to close early next year.
Fintech Mbanq Inc. has agreed to use a platform from Galileo Financial Technologies to accelerate card issuing and perform banking functions via a single application programming interface. Social Finance acquired Galileo last year in a $1.2-billion deal.
Strike, a digital-currency wallet provider, said users can now send tips in Bitcoin through Twitter using the Bitcoin Lightning network. Strike is available in the United States and El Salvador, though not available in Hawaii and New York state.
Point-of-sale technology maker PAX Technology issued new marketing materials that include its new slogan, “Empowering Digital Payments.”

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