Thursday , April 25, 2024

Mastercard Track Instant Pay Unveiled and other Digital Transactions News briefs from 1/20/22

  • Mastercard Inc. launched Mastercard Track Instant Pay, a platform enabling instant payment of supplier invoices via virtual card transactions supported by machine learning. The service is available in the United States now, with plans to expand globally.
  • Nuvei Corp. has been approved by the New York State Gaming Commission to process payments for licensed digital sports-betting platforms in that state.
  • Leslie, a U.K.-based provider of at-table ordering technology for restaurants, announced it is entering the U.S. market.
  • Buy now, pay later activity will be one of the top five fraud arenas in 2022, the annual Experian Future of Fraud Forecast predicted. Specifically, point-of-sale financing providers will see an uptick in identity theft and synthetic identity fraud, the report said.
  • Mastercard will be the exclusive brand for a credit card planned by JPMorgan Chase & Co. and Instacart, an online grocery-delivery platform.
  • Fuel-discount program provider GasBuddy said its Pay with GasBuddy platform has exceeded $1 billion in fuel transactions since the program started in 2017.
  • Factor4 LLC, a provider of gift card and loyalty technology, said it will support independent sales organizations working with payments provider Maverick Payments in offering gift card platforms to merchants.
  • Nayax Ltd., a payments platform, has agreed to acquire On Track Innovations Ltd., a provider of payments technology for unattended markets, for $4.5 million in cash.
  • Daon, a provider of biometric-authentication technology, launched an upgraded version of its digital-identity and proofing software, delivered via a Web app.
  • Stonex Group Inc., a specialist in cross-border payouts to emerging markets, announced its global payments unit has launched a digital-payments initiative to widen the range of services offered to corporate and institutional clients.

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