Sift, a provider of technology to prevent online fraud, said it has been engaged by Underdog, an online sports-fantasy platform, to prevent the use of stolen payment credentials. Darwinium, a fraud-prevention provider, said it will work with email-address technology from AtData to enable clients to identify fraudulent emails. Digital authentication …
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The battle between merchants, on one hand, and financial institutions and payment networks, on the other, over the Credit Card Competition Act continues to heat up. The Merchants Payments Coalition on Thursday sent a letter to Congress signed by nearly 2,000 merchants, including hundreds of small businesses, calling on legislators …
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The big U.S. payments processor Global Payments Inc. announced Commerz Globalpay GmbH, a joint venture with Commerzbank to offer digital-payments technology to businesses in Germany. Global Payments will hold a 51% stake in the venture. The United Kingdom-based retailer Co-op said it has moved its payments technology into a cloud configuration on a platform …
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Affirm Holdings Inc. has extended its reach into the vacation-property rental market through a partnership with Evolve Vacation Rental. Consumers renting vacation properties through Evolve can use Affirm as a payment option for bookings exceeding $500. Consumers pay in monthly installments and as little as 0% interest. Evolve says it …
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BitPay Inc. said Tuesday it will start adding dozens of cryptocurrencies to its platform this week in a move that includes a revamp of the company’s payments service. The Atlanta-based company, which has been processing crypto-based payments for more than 10 years, said it will start supporting more than 100 …
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X, the social network formerly known as Twitter, announced in a Tuesday blog post it will launch peer-to-peer payments this year, “unlocking more user utility and new opportunities for commerce, and showcasing the power of living more of your life in one place.” Payments provider VizyPay announced it processed $1.8 billion in …
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The Electronic Payments Coalition has come out swinging in the new year as it intensifies its fight against the Credit Card Competition Act. The EPC, which lobbies on behalf of financial institutions and payments networks, late Monday announced it is launching an ad campaign aimed at federal lawmakers. The campaign …
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GoCardless said it will process open-banking payments made on JustGiving, an online donation platform, replacing American Express Co. FirstOntario Credit Union said it is preparing to launch open banking through connections to Everlink Payment Services Inc. and open-banking technology platform Flinks. The federal government in Canada said in November it planned to …
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NetCents Technology Inc., a payment-processing gateway specializing in cryptocurrency, has partnered with the massive acquiring processor Worldpay. The deal is expected to boost adoption of cryptocurrency and stablecoins as mainstream payment options, according to NetCents. NetCents’ gateway provides corporations, small and medium-sized businesses, startups, and blockchain companies, a crypto …
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Payments provider Talus Pay announced two acquisitions on Thursday, indicating it acquired Clarus Merchant Services and Jobox.ai in separate deals. Total annual payments volume for the newly combined company total $9 billion for more than 22,000 U.S. merchants. Dallas-based Talus Pay says Clarus Merchant Services, based in Gaithersburg, Md., provides …
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