Wednesday , December 11, 2024

NAB’s Visa Integration and other Digital Transactions News briefs from 4/4/24

  • Payments provider North American Bancard LLC said it has integrated its merchant processing platform with Visa Inc.’s Visa Acceptance Platform, allowing it to offer merchants access to Visa properties such as Cybersource, a fraud-detection platform.
  • The Clearing House Payments Co. LLC said first-quarter volume on its RTP real-time payments network set a quarterly volume record of 76.4 million transactions valued at $42.3 billion. It set a single-day transaction volume record of 1,255,696 on March 1.
  • Embedded-payments technology platform Exact Payments launched a network tokenization service based on Cybersource’s Token Management Service. The company expects the integration to lead to higher approval rates and fewer chargebacks for merchants.
  • Open-banking payments platform Trustly said it is working with Cross River Bank to offer Trustly merchants real-time payments on the Federal Reserve’s FedNow network.
  • U.S.-based Bitcoin ATM deployer Bitcoin Depot said it will expand internationally with an expected shipment of 125 machines to Australia in the second quarter this year. The shipment will follow the company’s entry in Puerto Rico last month.
  • The fintech Tally launched software aimed at businesses to help consumers better manage credit card debt.
  • Digital-tipping provider eTip announced its technology is available on Oracle Cloud Marketplace and can be deployed through Oracle’s Hospitality Integration Platform.
  • Domuso, a payments provider for multi-family rental units, announced a new data dashboard called Payment Insights, which the company says spans multiple property-management systems.
  • Fiserv Inc.’s Fiserv Small Business Index dropped one point in March to 141 as small-business sales dropped 0.8% from February but grew 2% year-over-year.
  • Justin Kaufenberg, managing director at Rally Ventures, is joining the board of directors at PayGround, a payments platform for health-care companies. Rally participated in a Series A fundraising round for PayGround last year.

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