Money-transfer platform Thunes is working with blockchain-based payments provider Ripple Labs Inc. to offer broader reach for payouts and increased streamlining for money transfer globally, the parties said. Visa Inc. said it will work with Ample Earth, a fintech focused on climate issues, to incorporate sustainability information in digital banking apps and loyalty …
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Zelle, the peer-to-peer payments service from Early Warning Services LLC, is preparing to launch a marketing campaign aimed at highlighting its utility in everyday life. Dubbed “When It Counts,” the campaign is intended to show how woven into consumers’ daily lives Zelle has become, with such features as splitting a …
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The continuing popularity of the buy now, pay later won the attention of financial institutions some time ago, and now credit unions are starting to get in on the act. That news emerged Thursday as statistics from the big BNPL platform Affirm Inc. showed that the increasingly popular shopping service …
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The I-485 express lanes in North Carolina are the first U.S. highway to adopt connected tolling, allowing in-vehicle devices to collect tolling information and make payments, according to system provider Indra Sistemas S.A. Consulting firm Infosys Ltd. said it is working with Mastercard Inc. to offer what the parties say is enhanced access …
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Payments-orchestration platform Run Payments has launched Run Merchant, an application that consolidates a merchant’s payment infrastructure into a single portal, making it easier to access payment data across multiple gateways and processors. Run Merchant supports payment acceptance via virtual terminals, hosted payment pages, and application-programming interfaces. Additional features include a …
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Shares in PayPal Holdings Inc. traded down toward the end of the day Wednesday following a report from Reuters that some banks in Europe were experiencing unauthorized direct debits from PayPal accounts, according to the BBC. PayPal told Reuters some banking partners had been affected by “a temporary service interruption” and the …
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Dutchie, a payments platform provider for more than 6,500 cannabis retailers in the United States and Canada, announced Wednesday the launch of two new enhancements to its platform, E-commerce Pro and the Certified Partner Program. E-commerce Pro is an omni-channel shopping application that embeds payments, loyalty, and marketing capabilities across cannabis retailers’ …
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Finastra, a London-based developer of payments software for banks, said Wednesday it will work with Circle Internet Group Inc. to let banks include stablecoin settlement in their cross-border payments processing. In related news, the cross-border payments technology provider Tazapay announced it has closed on a Series B round with funding …
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Casino-payments specialist Sightline Payments early Tuesday announced the launch of Sightline Debit, a demand-deposit account and debit card service for gamers to hold funds in a bank account and place wagers using a Visa-branded debit card. Developed in collaboration with Cross River Bank, which will hold the accounts, Sightline Debit …
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VersaBank USA started a pilot for its USDVBs, tokenized versions of actual cash deposits at the bank. The move follows a similar pilot by the bank in Canada. VersaBank says it will seek a non-objection statement from the Office of the Comptroller of the Currency before launching the product commercially. Thread …
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