Real-time Payments

September, 2024

• 24 September

  Mothership Opts for UnionPay and other Digital Transactions News briefs from 9/24/24

  

  Logistics provider Mothership Technologies Inc. announced it has adopted UnionPay as a payment option to ease international transactions. First Pacific Bank will adopt FedNow real-time payments through a connection to software provider Finastra’s Payments to Go platform. Relay Payments said it is extending its trucking and logistics payments network to Love’s Travel Stops. The …
• 20 September

  A Top Visa Official Outlines Four Big Trends Impacting Acquirers

  

  Acquirers and independent sales organizations wanting to improve their standing among merchants should take note of four trends affecting payments today, according to Bill Dobbins, head of acquiring and enablement at Visa Inc. Dobbins, speaking at the Western States Acquirers Association conference in Las Vegas this week, outlined why the …
• 17 September

  Alviere’s Loyalty Wallet and other Digital Transactions News briefs from 9/17/24

  

  Alviere, a platform for embedded payments, has launched its Loyalty Wallets product, which features pay-by-bank functionality. The wallets can be funded by ACH transfer or direct deposit. Bank3, a community bank in Tennessee and Mississippi, has chosen Tyfone Inc.’s Instant Payment Xchange technology, meant to facilitate real-time payments on the FedNow system. The …
• 4 September

  With Paysemble, Opus Looks to Simplify Payment App Integration

  

  Payments-technology provider Opus Technologies Inc. has launched Paysemble, a suite of apps that are meant to streamline payment integration for financial institutions and merchants. A cloud-based solution, Paysemble allows businesses to consolidate payments from multiple channels through interoperable message hubs, configurable security, and batch processing. As a result, businesses can …
• 4 September

  U.S. Bank’s New Smartly Card and other Digital Transactions News briefs from 9/4/24

  

  U.S. Bank said it is launching two new products, the Smartly Visa Signature card and the Smartly Savings account. The former offers as much as 4% cash back on transactions. Some 48% of consumers in the U.S. market are using digital wallets for payments, up from 38% in 2021, according to …

August, 2024

• 27 August

  Fortis’ New Features and other Digital Transactions News briefs from 8/26/24

  

  Payments provider Fortis Payment Systems announced new features developed in partnership with accounting-software developer Sage and aimed at simplifying payment processes and streamlining back-office functions. Payments provider PayJunction said it has added text-to-pay capability, allowing businesses to accept customer payments through text messages. Meal Ticket, a developer of technology for food-service companies, has launched …
• 23 August

  A Crypto Exchange Adds Apple Pay And Google Pay As Payment Options

  

  Bitget, a cryptocurrency platform that allows investors to buy and trade cryptocurrencies and altcoins, has expanded the payment options for its digital wallets to include Apple Pay and Google Pay. The addition of Apple Pay and Google Pay, which have a combined user base of more than 650 million, is …
• 23 August

  Affinity Plus Adds FedNow and RTP and other Digital Transactions News briefs from 8/23/24

  

  Affinity Plus, a credit union, announced it has added a real-time payment service based on FedNow and The Clearing House Payments Co.’s RTP network. Ark Labs said it has closed on a $2.5-million funding round led by Tim Draper, a venture capitalist. The startup says the funding will help it as …
• 22 August

  InvoiceASAP Partners With Adyen on Instant Payouts As Real Time Processing Unfolds

  

  InvoiceASAP Inc., a provider of invoicing and payment technology for small and medium-size businesses, has partnered with Adyen NV to provide merchants instant access to deposited funds. InvoiceASAP will leverage Adyen for Platforms, an end-to-end payments and customer-experience platform, to offer its 23,000 merchants immediate access to pending funds and …
• 21 August

  Jack Henry Revenue up 4.7% and other Digital Transactions News briefs from 8/21/24

  

  Processor Jack Henry & Associates Inc. reported June-quarter revenue of $559.9 million, up 4.7% from the same quarter last year. Revenue for the 12-month period came to $2.22 billion, up 6.6%. Net income for the quarter totaled $101 million, a 3.4% increase; for the year ended June 30, $381.8 million, up 4.1%. …