The FIFA World Cup, set for June 11 to July 19, is expected to drive increases in transactions but also in ticketing and payment fraud, warned payments processor Spreedly, citing a 36% rise in fake-ticket fraud in the months leading up to the event, as reported by Lloyds Bank. Brightwell has renamed …
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Colorado’s SB 26-134, a bill that would have eliminated sales tax as part of the interchange-fee calculation, has been vetoed by Gov. Jared Polis. SB 26-134, similar to the Illinois Interchange Fee Prohibition Act, would have taken effect Jan. 1, 2028, had Polis approved it. The contentious Illinois law, which …
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Visa Inc. is setting the stage for stablecoin settlement in a partnership with Brale, whose technology enables businesses to introduce and operate digital currencies backed by fiat money. The collaboration, announced early Thursday, will allow the card network to test settlement with Brale’s SBC, a stablecoin backed by the U.S. …
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PaidBy, an account-to-account payments provider, said it is working with Mastercard Inc. to boost global uptake of A2A payments using open banking. American Express Co. has added a second checked bag as a new benefit for holders of its Basic Delta SkyMiles, Gold, Platinum and Reserve Consumer cards and Business cards. AmEx said …
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Buy now, pay later specialist Sezzle Inc. is ready to be known for more than its installment payment service, hoping to capitalize on its Earn features. Meanwhile, BNPL provider Klarna AB says Ulta Beauty now offers its payment option to U.S. consumers. A year old, Earn, displayed as a tab …
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Mastercard announced early Wednesday it plans to introduce settlement options including weekends, holidays, and at times during the day of the transaction. The new settlement windows will apply to both card-based fiat transactions and those involving cards linked to regulated stablecoins, the network said. The move would expand availability beyond …
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Work on growing the real-time payments ecosystem goes on with Payfinia completing an integration with The Clearing House Payments Co LLC’s RTP network and Aeropay making an integration with Jack Henry & Associates Inc. to boost its pay-by-bank service. Portland, Ore.-based Payfinia says its work with TCH, which launched the …
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NMI announced early Tuesday it has acquired Fee Navigator, a provider of analysis for acquirers looking to price services for merchants. Terms were not disclosed. Schaumburg, Ill.-based NMI says the deal brings merchant-pricing capabilities supported by AI, adding to an arsenal of services the processor offers to independent sales organizations, independent …
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MoneyGram has launched a U.S. dollar stablecoin called MGUSD, furthering its move into blockchain technology for payments. Soar Payments LLC, also known as SoarPay, announced the publication of “High Risk Merchant Accounts 101,” a guide to processing payments for high-risk and regulated businesses. Fifth Third Bank launched Report Phishing, a feature in …
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Early Warnings Services LLC told Digital Transactions News in March that a marketing push for its 3-year-old Paze online checkout platform would be starting in coming months. Early Monday, that push arrived with the launch of a national campaign running on TV, digital video, and social platforms. The new advertising …
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