Colony Bankcorp Launches Merchant-Acquiring Division and other Digital Transactions News briefs from 12/23/21
Digital Transactions News staff
December 23, 2021
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Mobile Wallets, Person-to-Person Payments, Point-of-sale, Real-time Payments
- Colony Bankcorp Inc. announced it has launched a merchant-acquiring division led by Steve Raines as director for merchant services. Raines most recently was director at Synovus Merchant Services.
- Laurentian Bank of Canada said it will work with the card-issuing platform Brim Financial to issue Visa products in 2022, with features including instant virtual issuance and mobile wallet functionality.
- MoneyGram International Inc. announced its partnership with Paytm Payments Bank now allows MoneyGram users globally to send money in near real-time to Paytm wallets in India.
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