Tuesday , October 4, 2022

Finastra Adds Visa Direct for Payouts And Other Digital Transactions News briefs from 9/23/22

  • Financial-technology provider Finastra said it is incorporating Visa Direct, a real-time push-payment capability developed by Visa Inc., as a cross-border payout offering for banks.
  • Coinsquare, a crypto asset trading platform based in Canada, said it has agreed to acquire Simply Digital Technologies Inc., owner of the CoinSmart trading platform and a unit of CoinSmart Financial Inc. Terms were not announced.
  • PracticeTek, a payments provider specializing in health care, announced it has acquired GrowthPlug, a marketing platform for medical practices. Terms were not announced.
  • The three major credit-reporting agencies—Equifax, Experian, and TransUnion—announced they are extending to the end of 2023 the availability of free credit reports to U.S. consumers.
  • The law firm Latham & Watkins LLP has released its “Book of Jargon,” containing definitions of terms used with respect to blockchain, cryptocurrency, and Web3 matters.
  • The hotelier Marriott Bonvoy launched two additional cobranded credit cards, the Marriott Bonvoy Bevy American Express card and the Marriott Bonvoy Bountiful card from Chase.
  • Greg Castro has joined payments provider PayTrace as president. Castro comes to the company from EVO Payments, and before that worked for Mercury Payments.

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