Monday , April 22, 2024

FIS’s Pay by Bank Path And Other Digital Transactions News briefs from 2/14/24

  • FIS Inc. said it is working with Banked, an open-banking provider, to develop new pay by bank services for businesses and consumers.
  • Gateway provider Trice Technologies Inc. said it is a technology provider and real-time payments gateway for the RTP network from The Clearing House Payments Co. LLC.
  • Web services and payments provider GoDaddy Inc. said its fourth-quarter gross payments volume of $1.7 billion increased 125% year-over-year. GoDaddy recently launched Tap to Pay on Android and is an early integrator of the Paze digital wallet from Early Warning Services LLC.
  • PatientFi, a provider of payments technology to medical practices, announced it had closed on what it calls a “significant” growth-equity financing round led by Questa Capital, a new investor in the company. The sum of the investment round was not announced.
  • Weave, a payments platform for medical practices, launched a feature that allows patients to pay bills over time via automated monthly transactions.
  • Blockchain platform Ripple said it has agreed to acquire Standard Custody & Trust Co., a digital-assets platform. Terms were not announced.
  • Payments platform Paystri launched a program for laundromats using card-acceptance technology from Card Concepts Inc. to offer up to $100,000 per year in reimbursements on chargebacks for transactions under $250.
  • Credit reporting agency Experian released its 2024 Future of Fraud Forecast that outlines potential threats posed by generative artificial intelligence; in-person banking; return fraud; synthetic identity fraud; and new cause-related fraud attempts.
  • Payments provider Merchant Industry expanded into South Florida, having been based in Long Island City, N.Y.
  • Blackhawk Network Holdings Inc. announced Roblox, a virtual environment for social networking and gaming, will offer digital gift cards in three international currencies in four countries.

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