The U.S.-based card-issuing platform Marqeta Inc. announced it is working with Credi2, a Europe-focused provider of embedded-finance technology, to offer a buy now, pay later service tailored for bank cards. Topper, a fiat-to-crypto utility that is part of the Uphold financial platform, has added Apple Pay and Google Pay as payment options …
Read More »AppBrilliance Lands Truist Outlay And Other Digital Transactions News briefs from 11/21/23
Real-time account-to-account payments provider AppBrilliance announced it closed an investment from Truist Ventures, the venture-capital arm of Truist Financial. Terms were not announced. AppBrilliance works with The Clearing House’s Real Time Payments network as well as FedNow, the real-time network from the Federal Reserve. Pay Plantation LLC, whose payment gateway allows merchants to accept e-checks …
Read More »Paysafe Adopts Visa Tokens And Other Digital Transactions News briefs from 11/20/23
Payments provider Paysafe Ltd. announced it will integrate network tokens from Visa to mask credit and debit card account numbers. The Federal Reserve Board announced an average 1.8% increase in pricing for established services such as check clearing and automated clearing house transactions, with pricing for the FedNow real-time network, which launched in July, …
Read More »Bold Adds Link Money Pay-by-Bank Option And Other Digital Transactions News briefs from 11/17/23
Checkout-technology provider Bold Commerce said it is working with Link Financial Technologies Inc. to enable Bold Commerce’s client merchants to lower acceptance costs via Link Financial’s open-banking capabilities. Payments provider Bankful said it has enabled an integration to e-commerce platform Woo (formerly WooCommerce) to widen the choice of payments for Bankful client merchants to …
Read More »i3 Verticals’ Revenue Bump And Other Digital Transactions News briefs from 11/16/23
Payments provider i3 Verticals Inc. posted fourth-quarter 2023 revenue of $96.4 million, a 13% increase from $85.3 million for the same quarter a year ago ended Sept. 30. Quarterly income of $3.4 million reversed a $4.4 million loss last year. For the full year, i3 Verticals had a loss of $2.7 million, …
Read More »U.S. Retailers’ Fraud Toll And Other Digital Transactions News briefs from 11/15/23
The United States accounts for 57% of retailers that reported a breach this year, according to Trustwave’s “2023 Retail Threat Landscape: Trustwave Threat Intelligence Briefing and Mitigation Strategies” report. The United Kingdom (8%) and Canada (7%) are a distant second and third. In related news, Riskified Ltd., a provider of technology …
Read More »Zelle’s New Education Campaign And Other Digital Transactions News briefs from 11/14/23
Zelle, the person-to-person payment service from Early Warning Services LLC, said it will launch a consumer education campaign video series this month to help educate consumers how to spot and avoid financial scams, specifically imposter scams. Zelle, in a statement to Digital Transaction News, also said most Zelle transactions—99.9%—are without any …
Read More »Klarna Creator Customization and other Digital Transactions News briefs from 11/13/23
Payments platform Klarna AB added a service in the U.S. market that enables “creators” to open customized online storefronts. PCI Pal, a provider of compliance technology for the Payment Card Industry data-security standard, said it is working with Zoom Video Communications Inc. to launch its services with Zoom Contact Center and Zoom …
Read More »Alkami in Plaid Tie up And Other Digital Transactions News briefs from 11/10/23
Digital-banking software provider Alkami Technology Inc. said it has enabled access for client banks to open-banking network Plaid via an application programming interface. Lightspeed Commerce Inc., a specialist in payments processing for the hospitality industry, launched “Luminaries,” a planned series of interviews with the leaders of client businesses, starting with the corporate …
Read More »Avelo Airlines All in with PayPal And Other Digital Transactions News briefs from 11/9/23
Avelo Airlines said it has entered a multi-year agreement to adopt payments services from PayPal Holdings Inc., including Pay in 4, PayPal’s buy now, pay later service, as well as PayPal Checkout and Braintree, PayPal’s transaction processor. U.S.-based payments platform FreedomPay said it will support transactions for Pennies, a United Kingdom-based fintech that …
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