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- CellPoint Digital, a payments-orchestration platform, announced an alliance with PayU GPO, a platform for alternative payment methods operating in more than 50 markets globally.
- In related news, payments-orchestration platform Transcard said it now supports payments globally through multiple currencies in an effort to smooth payments for financial companies operating worldwide.
- Duck Creek Technologies, a software provider for the insurance industry, launched a payments facilitator to streamline digital payments for collecting funds and for payouts.
- Payments at charging stations for electric vehicles could face money-transmission complications linked to state and federal laws, says “Charging Ahead: Legal, Regulatory, and Operational Considerations for EV Infrastructure Development” a report from the Energy and Environmental Practice of Troutman Pepper, a law firm.
- The consumer financial-services company Synchrony announced its CareCredit credit card has been adopted by PSIvet, a group purchasing organization for more than 5,500 independent veterinary practices in the U.S. market.
- Pavilion Payments said it will work with sports-betting specialist betParx to offer real-time payouts via FedNow and the Real Payments network to bettors on gambling winnings.
- A report from commerce platform Forter indicates consumers spend on average 51% more with retailers they trust compared with those they aren’t familiar with. The results are based on responses from 2,000 consumers in the United Kingdom and the United States.
- Smart watch maker Garmin International Inc. launched its Lily 2 Active model, which among other features includes Garmin Pay, a contactless-payment capability.
- American Express said a partnership with Boost Payment Solutions will make Boost’s straight-through processing technology available to businesses accepting AmEx.
- Illegitimate chargebacks are on the rise again as e-commerce sales hit record highs, according to Chargebacks911’s 2024 Chargeback Field Report.
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