Saturday , January 28, 2023

Moneybird Picks Adyen And Other Digital Transactions News briefs from 11/30/22

  • Payments provider Adyen Inc. said Moneybird, a software-as-a-service platform, has agreed to use card-issuing and business-accounts services the payments company has recently released.
  • Prepaid card specialist Blackhawk Network announced its rebates-redemption platform has exceeded 1 billion transactions. Rebates are processed via branded gift or prepaid cards.
  • POSaBIT Systems Corp., a specialist in payments processing for cannabis retailers, said its third-quarter revenue reached $10.3 million, up 62% year-over-year. The performance marked the first time in the company’s seven-year history that it has exceeded $10 million in revenue for a quarter. Its net loss of $1.2 million was down from $6.9 million in 2021’s third quarter.
  • New York City-based Unbanked Inc., a blockchain-based fintech, has partnered with electronic-money financial institution Moorwand to issue cards that allow users to spend digital assets. The program is available in the United Kingdom and parts of Europe.
  • Payments provider Knox Wire and gift card provider GlobeTopper announced a collaboration to offer same-day payout capabilities in more than 190 countries via GlobeTopper.
  • Payments-technology firm AvidXchange launched a cross-border payments platform, available first to Oracle NetSuite clients.
  • Inter&Co, a Brazil-based super app with banking and remittance features, has joined Amazon.com Inc.’s payment service provider program.
  • Payments-technology provider Transaction Network Services said it is marking 15 years of continuous compliance with the PCI Data Security Standard. PCI DSS 1.0 was introduced in December 2004.
  • Payments provider Valor PayTech named Eric Bernstein its chief executive. Bernstein had been the company’s chief operating officer.

Check Also

Mobile Wallet Usage Is Up, But Many Consumers Still Prefer to Pay With Plastic

Consumer adoption of mobile wallets may be growing, but a lot of consumers still prefer …

Digital Transactions