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- Mastercard Inc. said it is working with seven companies to enable its branded payment cards to be used for making non-fungible token purchases. NFTs are digital goods.
- Sardine, a provider of anti-fraud and compliance technology to fintechs, said it will work with cryptocurrency-technology provider Zero Hash to enable instant settlement on the automated clearing house network for fiat-to-crypto transactions.
- Star Atlas, a blockchain-based game developer, said crypto-payments technology provider MoonPay will process credit card payments for in-game purchases of non-fungible tokens and Atlas, an in-game currency.
- Specialty-apparel retailer Gap Inc. has launched a set of credit cards issued by Barclays US Consumer Bank on the Mastercard network in an initiative first announced last year. The deal includes cobranded and private-label cards, with Gap’s existing base of 10 million cardholders expected to receive new cards this month.
- Payroll connectivity company Atomic said it will work with finance company Bond Financial Technologies Inc. to launch Repay, a service that lets consumers repay financial obligations over time from their paychecks.
- POSaBIT Systems Corp., a payments processor for the cannabis industry, said it achieved a record in May for transactions processed and total number of merchants. Figures were not announced.
- The Western Union Co. has agreed to integrate technology from cloud-banking platform Mambu in a real-time digital wallet and banking platform in Europe.
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