Digital Transactions Authoritative, insightful and timely information for payments professionals
- FlexPoint announced its launch as a payments platform for so-called managed-service providers, or organizations that provide information-technology services to companies. Flexpoint also announced a long-term financing program for clients through GreatAmerica Financial Services.
- Automaker Mitsubishi Electric said it has enlisted BlackBerry Ltd. to supply in-vehicle data services, including digital payments.
- Commerce-technology provider Treez launched new payments services for cannabis retailers, including card and automated clearing house options.
- SurgePays Inc., a technology company concentrating on the underbanked market, announced a partnership with point-of-sale device maker ClearLine Mobile Inc. to support a consumer-facing checkout tablet that accepts prepaid card top-ups and other transactions.
- Venture-capital firm Melka Capital announced it has invested an undisclosed sum in Kicbac, a startup payments platform.
- Compliance with rules surrounding prevention of financial crimes is costing financial institutions globally more than $2 trillion per year, according to the True Cost of Financial Crime Compliance Report from LexisNexis Risk Solutions.
- Everi Payments Inc. announced it has won a patent dispute before the U.S. Patent and Trademark Office Patent Trial and Appeal Board. Sightline Payments LLC in September 2021 had alleged Everi’s “Cash Club Wallet” infringed on Sightline patents.
- Weave, a health-care platform, said patients can finance their care through an arrangement with buy now, pay later platform Affirm.
- Payments-technology provider Infinicept and processor Datacap Systems Inc. announced they will collaborate to support software companies developing embedded-payments capabilities.
Related Articles
Check Also
Initiatives From Mastercard And Visa Bring Stablecoin Payments Closer to the Mainstream
Two of the world’s largest payments networks early Thursday announced programs geared to bring stablecoins …