Issuing/Originating

First National Bank of Omaha Tuesday gave the trend of virtual card issuing a boost with the launch of Bend, a suite of embedded open, application programming interfaces that enable the integration of financial services, such as customized virtual cards, into existing environments. Brands can use Bend to roll out …

While the Federal Reserve mulls the concept of a national digital dollar, private-sector actors are working toward the same end. The Digital Dollar Project early Wednesday launched what it calls a Technical Sandbox Program in an effort, it said, to help advance understanding of the technical requirements undergirding a central …

Pet Supplies Plus, an operator or franchisor of more than 600 pet stores in North America, chose Adyen NV to process online and in-store payments.Plug’n Play Technologies, a provider of e-commerce technologies, said it has implemented a platform from Authvia that allows stores to request and receive payments via messaging, text, and chat services.Mercury …

The Supplemental Nutrition Assistance Program (SNAP), which provides low-income families with benefits to supplement their food budget, suffered a nationwide outage on Sunday, according to news reports. The cause of the outage, which reportedly affected millions of recipients, is unknown. On Sunday several state agencies that help the U.S. Department …

To make modern fraud detection technology more accessible to community banks, Jack Henry & Associates Inc. late Thursday announced plans to launch early next year Financial Crimes Defender, a cloud-native platform for detecting fraud and other suspicious account activity that can hurt consumer’s financial health, as well as financial crimes, such …

Square announced early Tuesday its first integration in the United Kingdom of Clearpay, a buy now, pay later service known as Afterpay outside the U.K. and Europe. Square, the point-of-sale payments unit of San Francisco-based Block Inc., said the latest move is also its first major integration of BNPL in …

Consumers are spending significantly less on their primary credit cards, says J.D. Power’s 2022 U.S. Credit Card Satisfaction Study. Overall, credit card holders are allotting 42% of their monthly spending to their primary credit cards, down from 47% in 2021 and 2020, and down from 50% from 2019. That decline …

For years, payments fintechs with a bank charter have labored under a requirement that, for money movement, deposit-taking, and other related services, they largely had to work with another federally chartered bank. This week, the nation’s top banking regulator announced an important change to its rules that could sweep away …

Tulip.io Inc., a Toronto-based point-of-sale system provider, said it has a certified integration with Moneris Solutions Corp., a large payment processor in Canada. Moneris had a U.S. presence prior to 2016 when it sold the U.S. business to Vantiv Inc.The Western Union Co. said it has renewed an agreement to support digital …

ATM traffic worldwide is on the rebound after two years of pandemic, but it will take years for cash withdrawal transactions to return to 2019 levels, according to “Global ATM Markets and Forecasts to 2027,” a report released this week by RBR, a London-based research firm. ATM activity declined in …