Payments platform Klarna AB announced a series of new services, including Shopping lens, which enables shoppers to take a picture of an item in their surroundings to find out where to buy it on the best terms. The service uses artificial intelligence to render the item in a search term. Technology consultancy Thoughtworks said …
Read More »Worldpay’s Transit Move And Other Digital Transactions News briefs from 10/10/23
The processor Worldpay said it will work with Masabi, a provider of technology for transit-fare payments, to offer an EMV platform for what the pair call “transit agencies of all sizes.” Health-care payments specialist RevSpring unveiled new features of its Engage IQ platform that includes updated messaging, the ability to use graphics in email …
Read More »Rainforest Raises $11.75 Million And Other Digital Transactions News briefs from 10/9/23
Rainforest, an Atlanta-based platform for embedded payments, has closed on an $11.75-million seed funding round led by Accel. Beverly, Mass., has contracted with Passport for support of mobile payments for parking in the town. Passport claims more than 800 cities and other entities using the app. Instant Financial, a provider of earned-wage …
Read More »Streamline One Launches And Other Digital Transactions News briefs from 10/6/23
Property-management technology provider Streamline launched Streamline One, a set of technologies including reservation verification and rental-payments acceptance. Sightline, a specialist in digital casino payments, launched Deposit+, a service that credits to the casino’s bank account cash sitting in slot machines and kiosks for immediate access. As part of its entry into …
Read More »Mapbox’s In-Car Payments And Other Digital Transactions News briefs from 10/5/23
Location-technology vendor Mapbox launched MapGPT, an automobile-based voice assistant incorporating generative artificial intelligence. Among its features is an ability to process payments, starting in Japan with that country’s PayPay app. Stop & Shop and Food Lion have adopted a mobile shopping app from Peapod Digital Labs, an e-commerce technology developer for Ahold Delhaize …
Read More »Ripple Gets Singapore OK And Other Digital Transactions News briefs from 10/4/23
U.S.-based blockchain platform Ripple Labs Inc. said its unit in Singapore, Ripple Markets APAC Ltd, has received a Major Payments Institution license from Singapore’s Monetary Authority, enabling Ripple to go on providing regulated digital-payment token services in that country. Online grocery-delivery service Instacart said it will now accept payments from users through Medicare Advantage …
Read More »FedNow Tally at 108, up from 35 And Other Digital Transactions News briefs from 10/3/23
The Federal Reserve said FedNow, its real-time payments service that launched in July with 35 banks and credit unions, now counts 108 participating institutions with 21 others providing liquidity and settlement services and 20 service providers. Kenneth C. Montgomery, the Federal Reserve Bank of Boston first vice president and chief operating officer who spearheaded …
Read More »Exchange Bank Picks Pidgin for Real-Time Payments And Other Digital Transactions News briefs from 10/2/23
Payments-technology platform Pidgin said it has agreed to provide real-time payments capability to retail and commercial account holders at Exchange Bank. AffiniPay LLC, a payments platform for professional-services firms, has sold its accounting-software unit, Soluno, to ActionStep, a provider of practice-management technology. Terms were not disclosed. The U.S.-based blockchain firm Coinbase Inc. announced it …
Read More »TNS Lines up 1,500 ATMs Contract And Other Digital Transactions News briefs from 8/29/23
U.S.-based network-management company Transaction Network Services said its technology will manage connectivity for Spain-based Euro Automatic Cash, a network of 1,500 ATMs. Tiptap, a donation platform, said it will enable Visa member financial institutions to offer customers a platform to make small donations to community charities while they are performing routine banking …
Read More »Visa Alters Chargeback Rules And Other Digital Transactions News briefs from 9/28/23
Visa Inc. says a change to its dispute rules and processes will make it easier for merchants to fight so-called friendly fraud in card-not-present transactions. With such fraud, cardholders dispute legitimate transactions to claim a refund. Payments provider Deluxe Corp. will offer bill-payment technology from Aliaswire Inc. to its banking clients through a new …
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