A mobile wallet that allows users to shop and pay for insurance has added a rewards program that offers cryptocurrency based on premium payments. Marble, a New York City-based company that started up in 2020, says it has integrated its wallet with Gemini, a crypto exchange, to let users redeem …
Read More »Usio Feels the Bite of the Crypto Meltdown, But Sees a Boost In ACH Volume
Despite increasing its automated clearing house volume in June, Usio Inc.’s overall processing volume is taking a temporary hit as one of its clients, digital-asset broker Voyager Digital LLC, announced it is suspending all buying and selling of cryptocurrency though its platform. San Antonio-based Usio made the announcement about the …
Read More »Seeking to Tap Into Crypto Lending, Wirex Launches Near-Instant Stablecoin Advances
Cryptocurrency holders looking to leverage their assets can now get a loan of up to $100,000 in stablecoins, the digital-payments platform Wirex Ltd. announced early Tuesday. Under the new service, holders can borrow as much as 80% of the value of their crypto holdings and receive an almost immediate advance …
Read More »Bitcoin Depot Launches Cash-Loading Crypto App and other Digital Transactions News briefs from 7/1/22
Bitcoin Depot, a Bitcoin ATM operator, launched BDCheckout, an app that lets users in North America load cash to their Bitcoin Depot digital wallets, which can then be used to buy Bitcoin. Bitcoin Depot is working with InComm Payments’ VanillaDirect barcode platform to offer the service.The big French processor Worldline S.A. said …
Read More »Blackhawk Makes a Move And Other Digital Transactions News briefs from 6/28/22
Dining-deal Web site Restaurant.com will work with payments provider Blackhawk Network to expand the site’s gift card program via Blackhawk’s online distribution network.SpotOn, a payments provider for restaurants, has been named a preferred technology partner by the New York State Restaurant Association.Amount, a fintech specializing in the rapidly expanding buy now, pay …
Read More »Blockspaces in Cogent Deal and Other Digital Transactions News Briefs from 6/24/22
Blockspaces, a company that links businesses to blockchain networks, announced it will work with Cogent Bank to use the bank’s real-time, tokenized payment platform and other services.Digital-giving platform DipJar said it is releasing early access to DipJar Online, an online version of its in-person fundraising app.Digital payments provider One Inc said insurer Union Mutual …
Read More »Chargebacks911 Takes to the Air And Other Digital Transactions News Briefs from 6/23/22
Chargebacks911 said it is working with AirlinePros, a distribution company for airlines, to combat chargebacks wrongly filed against air carriers as air travel continues to recover.In related news, the Mastercard Economics Institute estimated 1.5 billion more passengers will book flights in 2022 than did so last year, indicating a rebound for air travel …
Read More »Fraudsters Favor Content Scams to Bilk Consumers Out of Crypto And Other Assets
The confluence of the explosion in digital transactions the past two years, hyper-inflation, and pent-up consumer demand has created a perfect storm that is allowing fraudsters to lure consumers into online traps that result in financial losses. A recent report from Sift Science Inc. reveals that such scams account for …
Read More »Linxens in Biometric Card Deal and other Digital Transactions News briefs from 6/20/22
Linxens Holding SAS has become the global provider of biometric smart cards produced with technology from Linxens and Idex Biometrics ASA under a new agreement. The cards feature fingerprint sensors from Idex and an NFC antenna inlay from Linxens.Blockchain-based gaming platform Aqua said it has hired former Facebook executive Sean Ryan as chief …
Read More »Samsung Wallet Debuts and other Digital Transactions News briefs from 6/17/22
Samsung Electronics launched Samsung Wallet for its Galaxy line of mobile devices. The new application allows users to store payment cards as well as digital keys, boarding passes, ID cards, and other credentials. Later in the year, the wallet will support driver’s licenses and student IDs. Samsung Pay users can upgrade to the wallet …
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