September 8, 2022
Acquiring, Competitive Strategies, Credit Cards, E-Commerce, Issuing/Originating, Point-of-sale, Transaction Processing
Block Inc.’s Square unit announced it has integrated accounting software from Sage into its point-of-sale software in Canada.A fintech called DailyPay launched a Visa-branded card called Friday that allows users to access earned pay before payday. The card is issued by The Bancorp Bank.Insurance-industry payments network ePayPolicy launched CheckMate, a facility that converts paper checks into …
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September 7, 2022
Acquiring, Competitive Strategies, Digital Currency, Fraud & Security, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Paysafe Ltd. announced a link to mobile sportsbook ClutchBet that will allow Paysafe’s Skrill USA digital wallet and Paysafecash digital-cash platform to support online payments for ClutchBet’s Iowa sportsbook.Payments platform Spreedly launched a payments-orchestration capability for marketplaces and other merchant aggregators. Payments orchestration manages transactions arriving from various gateways and by means of …
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September 6, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Point-of-sale, Transaction Processing
A study of fraud losses in European countries by FICO indicates the United Kingdom cut losses by 49 million pounds last year, the most of any European country, according to the 2021 European Fraud Map from FICO, a predictive-analytics company.Checkout-technology provider Bolt launched Checkout Links, which it says enables consumers to check out …
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September 2, 2022
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Block Inc. has opened its Cash App wallet for payments to e-commerce merchants outside the Square seller network, TechCrunch reported.Health-insurance plan provider Gravie said it is expanding access for members of the plan to Gravie Pay, a buy now, pay later program for medical bills.Commerce Bank launched Commerce Connections Direct in conjunction with the fintech …
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September 1, 2022
Acquiring, Competitive Strategies, E-Commerce, Fraud & Security, Marketing, Mergers & Acquisitions, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Fifty-four percent of sports bettors using mobile technology earn incomes of $100,000 or more but “many” are worried about the impact of inflation on their ability to make credit card payments in the future, according to research from TransUnion in its report, “Consumer Pulse Online Sports Betting Study.”In other research, some 59% …
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August 31, 2022
Acquiring, Competitive Strategies, Credit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Mobile Commerce, Point-of-sale, Transaction Processing
Pet Supplies Plus, an operator or franchisor of more than 600 pet stores in North America, chose Adyen NV to process online and in-store payments.Plug’n Play Technologies, a provider of e-commerce technologies, said it has implemented a platform from Authvia that allows stores to request and receive payments via messaging, text, and chat services.Mercury …
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August 30, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, Marketing, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Nacha, the regulatory body for the automated clearing house network, has named open-banking specialist MX Technologies Inc. a member of its Preferred Partner Program. MX is the 30th company to be named to the program.Consumers’ top five favorite ways to pay are debit cards, credit cards, cash, contactless, and mobile wallets, according …
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August 29, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Law and Regulation, Prepaid Cards, Transaction Processing
A startup rent-payment processor called RentSpree closed on $17.3 million in Series B funding led by Green Visor Capital. The company projects it will process more than $160 million in rent payments over the next 12 months.Truist Financial Corp. launched Truist Invest and Truist Invest Pro, an automated investment advisory service and a …
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August 26, 2022
Acquiring, Competitive Strategies, Credit Cards, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
The buy now, pay later provider Affirm Inc. reported gross merchandise volume for its June quarter totaled $4.4 billion, up 77% year-over-year. For the year ended June 30, volume came to $15.5 billion, up 87%. Active merchants ballooned from 29,000 a year ago to 235,000, driven by Shop Pay Installments, an Affirm …
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August 25, 2022
Acquiring, ATMs, Competitive Strategies, Debit Cards, Marketing, Point-of-sale, Prepaid Cards, Real-time Payments, Transaction Processing
MoviePass, a movie-theater subscription service, selected Usio Inc. as its exclusive prepaid card issuing platform. Usio will be the program manager and processor for the upcoming MoviePass debit card it plans to issue to all subscribers.PayPal Holdings Inc., in conjunction with National Philanthropic Trust and Vanguard Charitable, launched Grant Payments, a product …
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