U.S. consumers have spent $451.7 billion online through June, a 7.5% year-over-year increase, Adobe Inc. said in its Adobe Digital Price Index.Payments association EPCOR announced its acquisition of the Central Oklahoma Clearing House Association, which includes its fraud alert and settlement service. Terms were not disclosed.Payments provider Digital River said it will integrate its Global Seller …
Read More »Eye on Real Estate: Bank Shot Adds Digital Checks; Prometheus Launches Crypto
Mobile-payment solution provider Bank Shot has added support for digital-check acceptance in the real-estate market. The new feature will enable consumers to initiate an earnest-money or rent payment via a digital check. In addition, real-estate brokers, title companies, and property managers can use Bank Shot to pay realtor commissions. Bank …
Read More »With P2P Payments Booming, U.S. Senators Spotlight Consumer Losses to Fraud
Consumers’ loss of funds to fraud and other deceptive activity on peer-to-peer payment networks has drawn the attention of U.S. Senators, who are demanding answers on the matter from the big banks that own the Zelle P2P network. The senators’ actions come as P2P activity has boomed in response to …
Read More »Argyle Payments Launches And Other Digital Transactions News briefs from 7/11/22
Payments professionals Joseph Daly and Eric Kellogg announced they formed Argyle Payments LLC, an independent sales organization that will focus on small and midsize merchants in high-margin specialty markets.Buy now, pay later provider Klarna AB closed on an $800-million funding round aimed at bolstering its stance in the U.S. market. The round values the …
Read More »An Insurance App Offers Crypto Rewards for Premium Payments
A mobile wallet that allows users to shop and pay for insurance has added a rewards program that offers cryptocurrency based on premium payments. Marble, a New York City-based company that started up in 2020, says it has integrated its wallet with Gemini, a crypto exchange, to let users redeem …
Read More »Eye On Acquiring: Deluxe Expands Processing; Nuvei Signs Delivery Platform WeCook
Deluxe Corp. announced on Thursday a deal with Dupaco Community Credit Union to process transactions for its business clients using its First American by Deluxe service. The Madison, Wis.-based credit union has more than 120 business clients. The service will also be made available to new Dupaco business customers, Deluxe …
Read More »As Amazon’s Prime Day Shopping Spree Nears, Overall Consumer Spending Grows
In-store sales growth continued to outpace that of online shopping in June, though e-commerce sales may get a big boost next week. According to the Mastercard Inc. SpendingPulse report, in-store sales increased 11.7% last month over June 2021, and were up 10.7% from June 2019. And, while e-commerce sales experienced …
Read More »Xplor’s New CBD Payment Service And Other Digital Transactions News briefs from 7/7/22
Payments and commerce platform Xplor Technologies announced a new payment service for merchants that sell cannabidiol, also known as CBD, products.Dispute technology provider Chargebacks911 said it reached 1,000 integrated data connections on its platform.Payments-technology provider i2c Inc. has agreed to support fintech Marygold & Co.’s Tap to Pay debit Mastercard product.Prove Identity Inc. said its identity-verification …
Read More »Eye on Donations: Sionic Adds Real-Time A2A Payments; Givesmart Adds Apple Pay and Google Pay
Sionic Mobile Corp., a provider of omni-commerce, consumer-to-business payments technology, has introduced online and mobile widgets that enable non-profit organizations to accept real-time, bank-to-bank donations. Donors can use the apps, dubbed Pay-by-Bank, to initiate one-time or recurring donations direct from their bank account. Two key benefits of account-to-account donations is …
Read More »Uniqlo Picks Adyen And Other Digital Transactions News briefs from 7/6/22
Adyen NV has been selected to process payments for Fast Retailing, operator of the Uniqlo platform of clothing stores and sites.Authentic Brands Group, which includes Eddie Bauer and Forever 21, settled a lawsuit against commerce platform Bolt. The two companies will continue to work together.The peer-to-peer payments platform Paxful Inc. has selected iProov, a provider …
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