Fifty-four percent of sports bettors using mobile technology earn incomes of $100,000 or more but “many” are worried about the impact of inflation on their ability to make credit card payments in the future, according to research from TransUnion in its report, “Consumer Pulse Online Sports Betting Study.”In other research, some 59% …
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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 …
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Nacha, the regulatory body for the automated clearing house network, has named open-banking specialist MX Technologies Inc. a member of its Preferred Partner Program. MX is the 30th company to be named to the program.Consumers’ top five favorite ways to pay are debit cards, credit cards, cash, contactless, and mobile wallets, according …
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The buy now, pay later provider Affirm Inc. reported gross merchandise volume for its June quarter totaled $4.4 billion, up 77% year-over-year. For the year ended June 30, volume came to $15.5 billion, up 87%. Active merchants ballooned from 29,000 a year ago to 235,000, driven by Shop Pay Installments, an Affirm …
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The ATM world is about to get another publicly held company. Bitcoin Depot, a Bitcoin ATM operator with more than 7,000 machines in the United States and Canada, intends to go public in a merger with GSR II Acquisition Corp., a special purpose acquisition company. Announced Thursday, the proposed deal …
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MoviePass, a movie-theater subscription service, selected Usio Inc. as its exclusive prepaid card issuing platform. Usio will be the program manager and processor for the upcoming MoviePass debit card it plans to issue to all subscribers.PayPal Holdings Inc., in conjunction with National Philanthropic Trust and Vanguard Charitable, launched Grant Payments, a product …
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Gift cards are expected to be popular presents this holiday season as 60% of consumers say they will buy the cards to fill a void in product availability created by disruptions to product supply chains, says Fiserv Inc.’s Q3 2022 Gift Card Gauge. Discount stores and big-box retailers will be …
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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 …
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Dutchie, which develops technology for cannabis retailers, unveiled Dutchie POS, which includes a hardware terminal and point-of-sale software.In related news, point-of-sale technology vendor POSaBIT Systems Corp. announced an agreement to license its point-of-sale technology to an unnamed “large cannabis technology partner.” The agreement calls for a one-time fee to POSaBIT of $500,000, …
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The regulated online sports-betting and casino market in the United States has exploded in recent years following the Supreme Court’s repeal of the Professional and Amateur Sports Protection Act (PASPA) back in 2018. This repeal put the power to regulate single-event sports betting in state hands, with many subsequently passing …
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