Wednesday , March 22, 2023

Gr4vy’s Tokenization Move And Other Digital Transactions News briefs from 1/30/23

  • Gr4vy Inc., a payments-technology provider, has integrated network-tokenization services from Giesecke+Devrient GmbH into its platform in a move expected to improve authorization rates and cut transaction costs.
  • Owlin, an artificial-intelligence technology developer, launched Owlin for KYC, said to be one platform to screen merchants and to ease onboarding, monitoring, and offboarding.
  • The card-issuing platform Marqeta Inc. has agreed to acquire Power Finance Inc., a 2-year-old card-program management platform, in a $275-million deal expected to close by the end of March.
  • Wallet developer Sentry Enterprises said it has selected a biometric sensor from IDEX Biometrics to help secure a cryptocurrency wallet as well as a biometric-based identity platform called SentryCard.

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