After rolling out access to public transportation fare payments on its app in Denver last year, ride-hailing leader Uber Technologies Inc. has added a similar service in Las Vegas. Fare-payment software provider Masabi Ltd. said late Monday that it along with the Regional Transportation Commission of Southern Nevada (RTC) and …
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Consumers with Alexa, Amazon.com Inc.’s voice assistant, enabled in their cars and trucks soon will be able to pay for fuel at more than 11,500 Exxon and Mobil gas stations from inside their vehicles. Announced Monday, the service, compatible with vehicles with Alexa built in or enabled with an Echo …
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MoneyGram International Inc. announced online transactions grew more than 70% year-over-year between Dec. 1 and Dec. 25, a record growth rate for that period. The money-transfer provider, which did not report the actual transaction volume, said 80% of the transactions were initiated on a mobile device.PayPal Holdings Inc. has closed on its …
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At least six lawsuits seeking class-action status have been filed in U.S. District Court in Philadelphia against Wawa Inc., an 850-location convenience-store chain, in the wake of Wawa’s previously announced data breach. Most recently, the Goldman Scarlato & Penny P.C. law firm said its attorneys are investigating consumer claims concerning the breach. Data stolen …
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PayPal Holdings Inc. announced it has signed a commercial agreement with MercadoLibre, a major e-commerce marketplace in Latin America. As part of the deal, PayPal will become a payment choice in the Mercado Pago online checkout for customers in Brazil and Mexico, a move PayPal says could lead to PayPal users getting …
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Citcon USA LLC said it prevailed in a lawsuit against Canada-based RiverPay Inc. over allegations of misappropriation of source code trade secrets. Citcon, which helps North American merchants integrate Chinese mobile wallet acceptance, sued RiverPay in 2018 in the U.S. District Court for the Northern District of California because it said RiverPay …
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On Track Innovations Ltd., a provider of payments technology based on near-field communication, announced it raised $2.5 million in a private placement of shares.Digital-banking and payments-processing technology provider i2c Inc. launched a mobile app and cardholder Web site it says are designed to help persons who have color-blindness conduct digital banking.TriumphPay, a …
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Over the last decade, we have seen an explosion in fintech, ushering in a new era of commerce. Payment innovations have closed the technology gap and have connected consumers all around the world—even those without bank accounts—to the digital marketplace. Many fast-emerging markets across Asia and Latin America have seen …
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Hardly any industry is currently in such a state of flux as is digital commerce. Of course, it’s precisely for this reason that the participating players are particularly concerned with the trends of the future. While it’s no surprise that customers will continue to take center stage, they will do …
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PayPal Holdings Inc. officially opened the door to a vast market for payments on Thursday with the closing of its deal for 70% of the equity in China’s Guofubao Information Technology Co. Ltd., better known as Gopay. The Peoples Bank of China had already okayed the deal, for which terms were …
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