Digital Transactions Authoritative, insightful and timely information for payments professionals
- Comerica Bank said it will be an early adopter of On-Behalf-Of-Payments (OBO) on The Clearing House Payments Co.’s RTP network, a real-time payments platform. OBO payments are originated by a sender acting on behalf of another person.
- SpotOn, a processor specializing in point-of-sale payments for restaurants, announced GoTo Place, a mobile-first ordering channel that it says combines online ordering, loyalty, reservations, and other features.
- JPMorgan Chase’s Chase Freedom said it is offering 5% cash-back on Instacart, live entertainment, gas stations, and EV charging from July 1 through Sept. 30.
- American Express Co. announced it will make its “largest investment ever in a card refresh” later this year with updates to its U.S. consumer and business platinum cards.
- Jingle Pay said it will work with The Western Union Co. to support cross-border transfers to bank accounts and mobile wallets in the Middle East and South Asia.
- The QCAD Digital Trust said it has filed a preliminary prospectus with the Ontario Securities Commission to issue QCAD, a stablecoin backed by the Canadian dollar. QDT is sponsored by the fintech Stablecorp.
- U.S. consumers plan to purchase 10% more gift cards this year than in 2024 in an effort to manage budgets and control spending, according to research from Blackhawk Network, a prepaid card platform. The study queried 23,000 adults globally, including 2,000 in the U.S. market.
- HUB Cyber Security Ltd. appointed Paul Parisi global chief revenue officer. Parisi, who comes to HUB from Silicon Valley Bank, formerly served as president of PayPal Canada and held executive positions at American Express Co.
- MoneyGram International Inc. appointed Lamia Pardo chief marketing officer, effective Monday. She was most recently held a marketing position at HeliosX, a health-technology firm.
Related Articles
Check Also
OneDine Signs California Pizza Kitchen for Payments Tech at 100-Plus Locations
California Pizza Kitchen has signed with restaurant-technology provider OneDine LLC to deploy its platform in …