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- Payments provider Bluefin announced it is working with ID Tech, a payments-technology firm, to provide Bluefin clients with Advanced Encryption Standard (AES) technology validated by Payment Card Industry data-security rules.
- Mobile apps have accounted for 11% of e-commerce holiday-season sales volume so far, up from 9.6% last year, according to data from Signifyd, a provider of fraud-protection technology. The period measured is Oct. 1 to Nov. 26 for “thousands” of merchants in the U.S. and overseas. Sales via mobile apps are up slightly to a 51.5% share, while desktop browsers are down to 37.5% from 39.3%.
- Varo Bank N.A. has doubled the limit on its Varo Advance to $500. The cash advance, which flows into users’ checking accounts almost instantly, is triggered through the bank’s mobile app.
- PickleJar Holdings Inc., a payments and commerce platform for live events, announced an all-stock merger with NewRegen, a healthcare-services and technology provider. The new entity will be called PickleJar Entertainment Group and will trade on the OTC stock exchange. NewRegen will spin off its medicine business as NewRegen Operations Inc.
- American Express Co. appointed Sharon Chew vice president and general manager for global merchant services in Asia. A former Mastercard executive, Chew has been with AmEx since 2004.
- U.S.-based payments-technology provider ivendPay launched what it says is the world’s first platform supporting tap-and-pay for card-based cryptocurrency transactions.
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