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- Of 500 companies that process at least 500 online monthly transactions, 58% say their chargeback rates have gone up since March 2020, and of these, 45% say the biggest reason likely is delivery delays, according to a survey by fraud-prevention technology firm Kount, a unit of Equifax Inc.
- Payment processor EirthPay announced its launch. EirthPay labels itself an omni-platform payment processor.
- Pushpay Holdings Ltd., a payments provider specializing in the faith sector, has agreed to pay $150 million in cash and Pushpay shares to acquire Resi Media LLC, a video-streaming platform, in a deal expected to close by the end of the month.
- NCR Corp. said it acquired Foremost Business Systems, a point-of-sale and restaurant services company. Terms were not announced.
- Fifteen percent of mid-tier banks and credit unions—with assets between $2.5 billion and $25 billion—said they are connected to The Clearing House Payments Co. LLC Real Time Payments network, according to a Volante Technologies payment modernization survey. Approximately twice that many expect to connect to the RTP network within the coming year.
- Online publishing platform Substack now accepts Bitcoin payments following an integration with OpenNode, a Bitcoin payment processor.
- Buy now, pay later provider Klarna AB said its U.S. customer base doubled to 20 million in June from June 2020. The Klarna app has 4 million monthly active U.S. users.
- ACI Worldwide Inc. said its fraud-management service has exceeded 1 billion in the number of consumers protected.
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