Issuing/Originating

Buy now, pay later specialist Uplift Inc. said it signed new travel brands and experienced a 72% growth in monthly transaction revenue in the 2020 fourth quarter. New clients coming online in the second quarter include Alaska Airlines, Frontier Airlines, Virgin Voyages, and Air Canada Vacations.ACI Worldwide Inc. said it and Gilbarco Veeder-Root, …

As consumers increasingly turn to fintechs rather than banks, money decisions and payments share are shifting away from traditional financial institutions, according to a study from data-analytics firm Fair Isaac Corp. (FICO). Some 34% of consumers have at least one account with, or conduct financial activity with, a nonbank provider, while …

Like many of its rivals, Fiserv Inc. is looking for ways to prosper as hope begins to rise for a recovery from the Covid-19 pandemic that has ravaged much of the world. Tuesday afternoon, the Brookfield, Wis.-based payments provider revealed a promising report card for its fourth-quarter performance, with high-flying …

Gift card fraud and credential stuffing, a technique in which criminals use stolen account credentials to gain access to legitimate user accounts, ran rampant during the fourth quarter of 2020, according to research by Arkose Labs, a San Francisco-based provider of fraud-prevention technology. Criminals launched 3.6 million attacks on gift …

Consumers continue to show affinity for using mobile wallets for payments with debit-based mobile wallet use growing at 59.6% for the week ending Jan. 31, compared to the week ending Feb. 2, 2020, according to the PSCU Tracking Transaction Trends report. Credit-based mobile wallet use was up 35.7%. The results include the …

ParkMobile LLC said its mobile app will allow students at the University of Wisconsin-Superior to pay for parking at 420 spaces in seven lots on campus.Visa Inc. said it U.S. consumer cardholders now have access to NortonLifeLock, a digital safety service.Atlantic-Pacific Processing Systems NV Corp. made several improvements to its APPSos customer relationship management service.NCR …

The Western States Acquirers Association announced two new board members, Amanda Beam of Humboldt Merchant Services and Glenn Smith of NCR Corp. Also, Scott DeFazio, Fiserv Inc., was elected secretary for 2021 and Jason Putnam, The Independent Bankers Bank N.A., Deborah Camm, SafraPay, and Lane Connor, Fuzse, were reelected as president, vice …

Fiserv Inc. on Wednesday announced CardFree Cash, a new feature within its CardValet mobile-banking app that allows consumers to facilitate a cash withdrawal from an ATM using their mobile phone. The service is available to financial institutions nationwide. Consumers can use CardValet at 30,000 Diebold Nixdorf and NCR ATMs driven by …

Payments provider Lightspeed POS Inc. reported total revenue of $57.6 million for the quarter ended Dec. 31, up 79% year-over-year. Revenue was $49.3 when excluding the recent acquisitions of payments providers ShopKeep and Upserve. The company’s merchant base grew 74% year-over-year to 115,000, or 84,000 excluding the acquisitions, up from 66,000.Fiserv Inc. and the Inclusive Innovation …

Neobank First Boulevard will test a suite of crypto application programming interface tools as part of Visa Inc.’s digital-currency strategy, Visa announced Wednesday. And Uphold Inc., a platform for digital wallets and cryptocurrency trading, has acquired Optimus Cards UK Ltd. and intends to issue crypto-enabled debit cards in Europe on …