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- JetBlue Vacations said it will work with Flex Pay, a buy now, pay later platform, to offer monthly payment options to customers planning flight-and-hotel vacation packages. JetBlue Vacations is a unit of JetBlue Airways Corp.
- SpotOn Transact LLC said four hospitality operators were among new clients signed in the first quarter for payment processing services.
- Cash App, the peer-to-peer payment service from Block Inc., launched parent-managed accounts for children. Users between six and 12 years old can earn interest on savings, receive money from trusted contacts, and design their own Cash App Visa Card with parent or guardian oversight.
- PayPal Holdings Inc. said it has been named the official peer-to-peer payments partner of the National Football League. As part of the collaboration, PayPal said it will run a series of sweepstakes that will award as much as $1 million to NFL fans during the football season.
- Achieva Credit Union said it has invested in Payfinia, a payments platform, and will use Payfinia’s Instant Payment Xchange for real-time payments.
- “Scaling Trust in Digital Finance,” a report from device-intelligence firm Fingerprint, indicates digital-first financial institutions have been targeted by fraud syndicates that use AI-based synthetic identities and sophisticated account-takeover methods. The report says the number of neobanking customers globally has jumped 30% over the past 18 months, to about 1.1 billion.
- Ballerine, a risk-detection platform serving acquirers and payment providers, said its agentic-detection service, Scam & Fraud Detection API, has gone live.
- Cross-border payments specialist Nium said it will work with cryptocurrency services provider Coinbase to enable USDC stablecoin payments on its platform. USDC is issued by Circle Internet Financial Ltd.
- Mastercard Inc. joined the Blockchain Security Standards Council, which is a nonprofit that develops security standards for blockchain and digital asset adoption.
- CPI Card Group Inc. said it is working with the nonprofit Street Charity to provide 25,000 single-use paper prepaid cards for use at participating chain restaurants.
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