Acquiring

Clients using Recurly Inc. to manage their subscription-pricing models have a new feature to use. Recurly on Tuesday launched a ramp-pricing model that enables its clients to dynamically increase or decrease pricing within their subscriptions. This is in addition to the fixed, one-time, usage-based, tiered, volume, stairstep, and hybrid models …

The Federal Trade Commission has launched a probe into whether security tokens issued by Visa Inc. and Mastercard Inc. interfere with the ability of processors to route debit card transactions to alternative networks, according to The Wall Street Journal. Network choice for debit card transactions is mandated by the Durbin Amendment to the 2011 …

Dan R. Henry, who took over as chief executive and president, from Green Dot Corp. founder Steven Streit in March 2020, is out. Green Dot announced Monday Henry, who previously held executive positions at Euronet Worldwide and Netspend, was “terminated” Oct. 14. That’s when Austin, Texas-based Green Dot named George …

Fintech app Karma launched Pay with Karma, an embedded checkout service that enables for consumers a simplified purchase experience across different retailers with multiple payment options.Ammo Inc., owner of GunBroker.com, an online marketplace for the firearms and shooting-sports industry, said it will launch a proprietary payment-processing platform on or about Jan. 1.Mastercard …

Consumer electronics giant Samsung Electronics is looking to expand to 13 new markets for its Samsung Wallet service. Announced Friday, the expansion of the digital-wallet platform will more than double its presence from the eight nations where it is already available. Samsung Wallet is the new brand for the combined …

Priority Technology Holdings Inc. said it is working to integrate omnichannel products from Valor PayTech into the Priority MX Merchant ecosystem.Raiven Capital said it has exited from an unspecified early-stage investment in Whizmo, a fintech that helps small businesses in emerging countries convert from cash acceptance to contactless payments.Mastercard Inc. launched Start Path …

Chargebacks are the bane of e-commerce retailers, but new data from ACI Worldwide Inc. indicate many may have them mostly in check. Separately, Forter launched Smart Claims, a product to help better manage chargebacks. Released Thursday, the new ACI data find that overall fraud attempts remained flat at 0.01%, despite …

Credit unions and other credit card issuers cheered as the provisions of the proposed Credit Card Competition Act fell short of becoming an amendment to a defense-authorization bill in Congress. The bill’s sponsors, including Sen. Richard Durbin, D-Ill., had attempted to attach the CCCA to the defense bill as a shortcut to making it …

A new Juniper Research report forecasted e-commerce fraud will exceed $48 billion globally in 2023, up from $41 billion in 2022.BJ’s Wholesale Club has selected Capital One as the issuer of the retailer’s cobranded Mastercard, which is set to launch early next year.Galileo Financial Technologies said it has been Visa Ready certified as an …

To help restaurants manage catering and wholesale orders with their in-person, takeout, and delivery business while using one POS system, Toast Inc. has launched Toast Invoicing. The new application, developed in response to what Toast sees as restaurants’ growing catering business, will eliminate the need for a separate POS system, …