Real-time Payments

February, 2023

• 1 February

  Ingenico Adopts Splitit BNPL And Other Digital Transactions News briefs from 2/1/23

  

  Point-of-sale technology provider Ingenico is working with buy now, pay later specialist Splitit to offer BNPL at the physical checkout using Ingenico’s payments-platform-as-a-service technology. Block Inc.’s Afterpay buy now, pay later service said it will enable access for users to New York Fashion Week beginning Feb. 11 and running for four days. Afterpay is …

January, 2023

• 27 January

  Visa’s Kelly Stresses Stability As He Prepares to Hand Off The Reins of Leadership

  

  Following years of pandemic restrictions that all card companies had to contend with, Visa Inc.’s top executives late Thursday highlighted stable transaction and processing volumes and growing cross-border travel as the United States and other global regions continued to recover. The event also featured an appearance by Visa president Ryan …
• 18 January

  The U.S. Should Exert CBDC Leadership And Invest More in a U.S. Version, a Digital Dollar Group Says

  

  The Digital Dollar Project early Wednesday issued recommendations that include bigger investments by the federal government in researching a tokenized digital dollar. The group also called on the United States to exert leadership internationally in setting global standards for government-issued digital currencies even if the U.S. itself ultimately refrains from …
• 17 January

  ACI Launches Its Instant Pay in the U.S. And Wallet Acceptance Internationally

  

  ACI Worldwide Inc. early Tuesday announced it is offering a real-time payments service to U.S. merchants and launched a platform to ease acceptance of digital wallets for merchants in more than 70 countries. ACI Instant Pay is aimed at easing acceptance of online and mobile transactions, as well as payments …
• 6 January

  Fintech NorthOne Offers a Real-Time Payments Capability Via The Clearing House

  

  Five years on, the Real Time Payments network from The Clearing House Payments Co. LLC continues to gain new members outside of legacy banking. The latest is NorthOne, a fintech that offers financial management services for small businesses, startups, and freelancers. New York City-based NorthOne, which was founded in 2016, …
• 4 January

  Ackroo’s Simpliconnect Deal And Other Digital Transactions News briefs from 1/4/23

  

  Ackroo Inc., a point-of-sale marketing and payments platform, said it has closed on its acquisition of Simpliconnect, a cloud-based marketing service for service stations and convenience stores. Under the terms of the deal, Ackroo paid $750,000 at the close and will make six monthly cash payments of $125,000 starting July …
• 3 January

  Inflation’s Impact On Remittances And Other Digital Transactions News briefs from 1/3/23

  

  The number of cryptocurrency hacks globally reached 190 last year, setting a new annual record and exceeding 2021’s total by 44%, according to Comparitech. The value stolen totaled $3.57 billion, exceeding the combined total for 2019, 2020, and 2021. Some 82% of senders of remittances across borders said the cost of living has risen …

December, 2022

• 29 December

  DealerPay Shifts to a Higher Gear And Other Digital Transactions News briefs from 12/29/22

  

  Dealer-Pay, a payments-technology provider for automobile dealerships, has integrated its platform with Dealertrack, a management system serving the same industry. Guarda, whose cryptocurrency wallet includes a prepaid Visa card, added five more digital currencies to the 14 it already supports. Supported cryptocurrencies include Bitcoin and Ethereum. Japan-based Smartpay has launched Smartpay …
• 23 December

  Eye on Blockchain: RocketFuel Sees Rising Crypto Transaction Counts; Centbee Raises $1 Million

  

  You wouldn’t know it from all the headline stories regarding the collapse of the FTX cryptocurrency exchange, but below the surface commerce in digital currencies continues unabated, albeit still at very low volumes relative to commerce in fiat. RocketFuel Blockchain Inc., a San Francisco crypto processor for e-commerce merchants, announced …
• 21 December

  Fraud on P2P Networks Hits 12% of Bank Customers in the U.S., J.D. Power Finds

  

  Some 12% of U.S. customers have lost money to fraud on a peer-to-peer payment network, while 11% have seen it happen to a family member, according to survey results released earlier this month by J.D. Power. The networks cited by the respondents were Zelle, Venmo, and PayPal. For the survey, …