Felix Payment Systems Ltd. launched what it says is the industry’s first deployment of a Windows-based softPOS solution. The deployment came in collaboration with Nebraska Furniture Mart and technology company HP Inc. SoftPOS allows merchants to accept contactless payments on an ordinary mobile phone. Celerant Technology Corp. released version 2.8.2 of its point-of-sale technology, …
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The NFC Forum, a global standards body for near-field communication technology, issued Release 15, which extends the range of certified compliant NFC contactless connections up to 2 centimeters, four times greater than the current standard 0.5 centimeters. Some 97% of decision-makers in the hospitality industry said they are confident about …
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Stablecoins are starting to move beyond niche status. Both Walmart Inc. and Amazon.com Inc. are investigating whether to issue the digital currency in the U.S. market, The Wall Street Journal reported early Friday. Details are sketchy. Neither megamerchant responded to queries about the matter from Digital Transactions News. It also …
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Citizens Financial Group Inc.’s Citizens banking unit released a revised suite of credit cards, all bearing the Mastercard Inc. mark. Open banking technology provider Plaid Inc. launched Plaid Protect, what it calls a real-time fraud intelligence system that Plaid said can detect and prevent fraud beginning with a user’s first interaction with an app …
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Efforts to attach the Durbin-Marshall Amendment to the proposed GENIUS Act, a bill to regulate stablecoins, have failed. The Senate moved late Wednesday to advance the stablecoin bill without any amendments. Efforts to attach the amendment, which is the latest version of the Credit Card Competition Act, to the GENIUS …
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Buy now, pay later specialist Klarna AB is working with gift card platform Nift to boost customer engagement while retailer Dick’s Sporting Goods says it will renew its buy now, pay later deal with Affirm Inc. In the partnership announced Thursday with Nift, Klarna will be able to create gift …
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FlightLogger, a provider of software for flight training, has chosen BlueSnap Inc. as its payments provider globally. Gross proceeds to Circle Internet Group Inc. from its recent initial public offering came to $1.2 billion, a total that includes an agreement by underwriters to purchase an additional 5.1 million shares of Class A common stock …
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OnePay, a New York City-based fintech, is partnering with Synchrony Financial to launch a credit card program for Walmart Inc. The program, which will debut in the fall, will offer a general-purpose Mastercard credit card and a private-label Walmart card. Walmart expects the deal to provide a better customer experience when …
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PayPal Holdings Inc. has formed an integration with Selfbook, an AI-based booking application for hotels, allowing customers who check out with PayPal and Venmo to get access to savings on hotel rates, PayPal says. DealerLogix, a provider of scheduling and payments software for automobile service departments, said it has been certified …
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As cryptocurrency such as stablecoins inch toward mainstream acceptance, some platforms are starting to adapt slogans borrowed from the established world of payments. In the latest example, a new San Francisco-based company called NeverPay announced early Friday a program called Buy Now, Pay Never, which it says will let users …
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