Mobile Commerce

Payments provider Nuvei Corp. and open-banking specialist Plaid Inc. expanded their relationship to include new services, including bank-based payments for recurring payments and payouts, and new vertical markets, including utilities and business-to-business transfers. Synchrony said its Synchrony Pay Later service will be the exclusive buy now, pay later option at the At Home …

Shift4 Payments Inc. continues to assert its position as a leading processor for sports teams and arenas. The Allentown, Pa.-based company announced Monday it will process ticket sales for the Florida Panthers of the National Hockey League through a partnership with SeatGeek, the Panthers’ mobile-based ticketing platform provider. The deal …

As online sports betting and iGaming continue to grow, Paysafe Ltd. has struck another deal with a betting app. Announced Monday, its agreement with Betr, a sports-betting app from social-media influencer Jake Paul, will serve Paysafe customers in Ohio and Massachusetts. Betr launched in Ohio in January and in Massachusetts …

The Consumer Financial Protection Bureau said informal discussions between Rohit Chopra, CFPB director, and Didier Reynders, commissioner for Justice and Consumer Protection of the European Commission, have started on a range of financial consumer protection matters, including the deployment of AI in decision making, BNPL products and their risks, consumer debt issues, …

Open banking, the system enabling seamless sharing of financial data via application programming interfaces between banks and third-party service providers, has captured global attention over the past several years. In 2018, the Second Payment Services Directive (PSD2) marked the official open-banking era by mandating data sharing in Europe. This milestone paved …

Adyen NV said it has become one of the earliest payments providers to finish testing and receive certification on the Federal Reserve’s FedNow real-time payments service, set to launch later this month. The payments platform Flywire is working with Tencent Financial Technology to allow Chinese students to use WeChat Pay to make education-related payments while …

Financial services was the most impersonated industry by criminals launching phishing attacks during the first half of 2023, according to a report from cybersecurity firm Vade. Financial services accounted for more than 33% of all phishing URLs, followed by the social media (22%) and cloud (21%) industries. Phishing is the …

With the Federal Reserve’s rollout of the FedNow real-time payments service expected by the end of the month, a regional Federal Reserve Bank official on Wednesday outlined a roadmap for the new network that includes network interoperability, the possible addition of peer-to-peer payments, and, overall, the prospect of fewer payment …

Music-technology provider SoundExchange announced it is adding PayPal and Venmo as options for royalty payments to registered creators. The two payments channels join CashApp and Zelle as payout options on the platform. Tulip, a point-of-sale technology provider for retailers, said it will incorporate payments services from Stripe Inc. Dollar General announced DG Cash …

Car IQ Inc., a payment-platform provider for vehicles, has partnered with Visa Inc. to enable acceptance of its Car IQ Pay wallet for automobiles across the Visa network. San Francisco-based Car IQ’s wallet can be used by fleet operators, car-sharing services such as Zipcar, and ride-sharing services such as Uber. …