The Independent Community Bankers of America said its ICBA Payments subsidiary is working with Mastercard Inc. to offer upgraded and enhanced card and payment services for 1,400 community banks. Mastercard will manage all cardholder communication and marketing while ICBA Payments will move its sponsored card programs to Mastercard at no cost and …
Read More »MTech Mobility’s New Touchtab and other Digital Transactions News briefs from 3/13/25
MTech Mobility introduced Touchtab, a mobile point-of-sale platform aimed at restaurants and promising faster processing of customer tickets. A recent study by SpotOn found 84% of U.S. independent and chain restaurants want improved POS technology. Buy now, pay later provider Sezzle Inc. announced new app features including auto-applied coupons, notifications of price drops, and smoother …
Read More »PayMaple Adds Real-Time Payments and other Digital Transactions News briefs from 3/12/25
Payments platform PayMaple LLC launched a new accounts-payable service enabling vendor payments via real-time payments, the automated clearing house, or virtual cards. The last option is expected by the third quarter, the company says. Vitesse, a specialist in claims payments for the insurance industry, is working with Five Sigma Ltd., a claims-management …
Read More »Eye on E-Commerce: Wildfire’s New White-Label Shopping Portal; Best Buy Canada’s Cross-Border Payments Pick
With e-commerce sales accounting for 16.4% of all U.S. retail sales in the fourth quarter, Wildfire Systems Inc. is hoping its new white-label shopping portal will enable more merchants to take advantage of the shopping channel. In related news, retailer Best Buy Canada will use PingPong as its first cross-border payment …
Read More »Fiserv Closes Payfare Acquisition and other Digital Transactions News briefs from 3/3/25
Fiserv Inc. said it has closed on its previously announced acquisition of Payfare Inc., a Toronto-based earned-wage access firm, for approximately $193 million Canadian, or $133 million U.S. Health-care payments provider RevSpring Inc. launched Let’s Talk, a virtual agent created via artificial intelligence to handle inbound calls from patients, including answering questions and …
Read More »Flexa Introduces Tap to Pay For Crypto; Wirex Pay Launches in the U.S.; Bybit Runs a Netflix Tie-in
Flexa Inc., a digital-payments provider, has introduced tap-to-pay for cryptocurrency transactions. The contactless-payment method enhances digital-asset usability by enabling blockchain payments via NFC-enabled hardware wallets without a mobile phone or internet connection, the company says. Hardware wallets, known also as burner wallets, are physical devices that store private keys for …
Read More »Eye on Mastercard: i2c Joins One Credential; Ondo Enlists in Multi-Token Network; Personnel Moves
Mastercard Inc.’s One Credential, just announced last week, already is seeing some recruiting success with payments-technology provider i2c Inc. enrolling as one of the first issuing-processing partners. The Mastercard One Credential is a digital-payment service that supports multiple payment methods, such as credit, debit, and prepaid, as well as installment loans, …
Read More »Galileo’s Debit Rewards Card; Mastercard’s Cards for Content Creators And Small Businesses
Galileo Financial Technologies LLC announced early Thursday the launch of a co-branded debit rewards card for the hospitality and travel industries. In addition to enabling debit card holders to earn rewards on their purchases, Galileo will use its card-issuing, processing, Cyberbank Digital, and program-management technologies to reduce time to market …
Read More »Discover Merger a Step Closer and other Digital Transactions News briefs from 2/19/25
Separate stockholder meetings for Capital One Financial Corp. and Discover Financial Services voted to approve Capital One’s proposed acquisition of Discover, a deal that was first proposed a year ago. Cap One says it now expects the $35.3-billion transaction to close early this year, subject to approval from the Federal Reserve System’s Board of …
Read More »Payment Attacks Lessen and other Digital Transactions News briefs from 2/13/25
Identity and verification services firm AU10TIX released its “2024 Report on Global Identity Fraud” that found 54% of attacks in the first quarter were against the payments sector but declined to 43% by the fourth quarter because of tougher law enforcement. Euronet Worldwide Inc., a U.S.-based processor operating in Europe, said that …
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