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- Payments-technology provider ACI Worldwide Inc. announced CIMB Bank, said to be the second-largest financial-services provider in Malaysia, has opted for ACI’s services to merge all of the bank’s account-to-account transactions onto a single platform.
- Bitget Wallet unveiled a new logo as part of an ad campaign to advertise its position as a crypto wallet for use in everyday transactions. The app claims more than 80 million users.
- Payments-technology provider TransFi Inc. launched BizPay, a service allowing businesses and persons to send and receive money and initiate payouts to and from more than 100 countries in what the company says is “just minutes.”
- A new report from ABI Research forecasted that token-service providers’ revenue will surpass $1 billion globally by 2031 as more forms of payment tokenization emerge in response to security fears and heightened data-protection concerns.
- Global Legal Law Firm released an update on recent developments on the legal nature of processing payments for cannabis dispensaries.
- Payments platform PSQ Holdings Inc. has appointed James Rinn chief financial officer, effective June 1. Rinn, a PSQ board member, succeeds Brad Searle, who is assuming the role of senior vice president of finance for the company’s brands division.
- Former Visa Inc. and PayPal Holdings Inc. executive Mahdura Belani has been appointed chief product officer at myNetWatchman, a specialist in account-takeover prevention and compromised credential monitoring.
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