Friday , December 5, 2025

Issuing/Originating

LumaPay Debuts and other Digital Transactions News briefs from 6/6/22

Luma Health Inc. debuted LumaPay, which allows patients to pay medical bills via text messages.U.S.-based payments provider FreedomPay said it is working with Network International to provide digital-payment capability to the hospitality industry in the Middle East and Africa region.Canada-based Kapsch TrafficCom announced it has now manufactured 100 million toll-payment transponders, which are used in …

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Shoplazza Integrates With Payoneer and other Digital Transactions News briefs from 6/2/22

Shoplazza, a shopping-cart technology provider for more than 360,000 merchants, said it will support integration of payments-acceptance capability from Payoneer into its clients’ Web stores.Billing and payment platform Kill Bill and Wovenware, a provider of artificial intelligence and software engineering services, said Wovenware created an open-source plugin that integrates e-commerce processor Adyen to the …

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CFPB Targets Card Issuers and other Digital Transactions News briefs from 5/26/22

The Consumer Financial Protection Bureau has sent a letter to the chief executives of JP Morgan Chase, Citibank, Bank of America, Capital One, Discover, and American Express asking them to explain the practice of omitting data about consumers’ monthly credit card payments when sending information to credit-reporting companies. The CFPB contends the …

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Paddle Acquires Profitwell for $200 Million and other Digital Transactions News briefs from 5/25/22

Payments-technology provider Paddle announced it has acquired ProfitWell, a vendor of software for subscription metrics and retention automation. The deal is valued at more than $200 million in cash and equity.Apple Inc.’s tap-to-pay on iPhone is rolling out to its retail stores today, according to a Twitter post from Bloomberg reporter Mark Gurman. The …

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Open Banking in the U.S. Is Moving Ahead, But Not Without Some Debate About Standards

With open banking fast becoming the backbone of today’s payments landscape, the need for an industry standard to ensure protection of consumer data is moving front and center. In the United States, where no such standard currently exists, the payments industry is at odds over whether the country should adopt …

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Outdoorsy Picks PayPal’s Pay in 4 and other Digital Transactions News briefs from 5/20/22

Outdoorsy, a company that arranges rental of recreation vehicles, said it will accept payments through PayPal Holdings Inc.’s buy now, pay later service, Pay in 4.Klarna AB initiated a three-day event called “Dream Deal Days” to observe hitting 150 million users and 400,000 merchant partners. The event, held across 19 markets around …

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The Bahamian Sand Dollar Is the First CBDC to Use Facial Recognition to Verify Users

Central bank digital currencies are still a relatively new payment method around the world, but now they’re starting to address the issue of user authentication, and at least one is doing it with facial-recognition technology. PopID Inc. on Thursday announced holders of the Bahamian Sand Dollar, one of the first …

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SpotOn Raises $300 Million in Funding and other Digital Transactions News briefs from 5/19/22

SpotOn, a payments-technology provider serving restaurants and retailers, raised $300 million in a Series F funding round led by Dragoneer Investment Group LLC. The round, which comes just eight months after a Series E funding, values the company at $3.6 billion.Sphere, a healthcare payments and security software company, launched a …

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Mastercard Will Tackle Biometric Payments at the Point of Sale, Sans Card or Phone

Mastercard Inc. says the future of payments at the point of sale includes the ability to make a point-of-sale payment using a facial image without having to present a credit or debit card or a mobile device. Under its new Biometric Checkout Program, Mastercard has begun testing the service, the …

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Eye On BNPL: Splitit’s Twist on BNPL; Zilch Enters the U.S.; Flexiti And Michael Hill

Looking to add a new twist on buy now, pay later loans, provider Splitit Payments Ltd. Tuesday announced a new BNPL-style loan that will leverage a consumer’s open-to-buy on their payment cards to pre-qualify them for an installment loan at the point-of-sale. To qualify for the loan, merchants run a pre-authorization …

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Digital Transactions