Wednesday , December 11, 2024

PayNearMe in Trustly Deal and other Digital Transactions News briefs from 5/7/24

  • PayNearMe, a payments provider for iGaming, online sports betting, and other markets, announced it is integrating open banking capability through a new agreement with Trustly.
  • Visa Inc. launched Visa Account Attack Intelligence, a platform that harnesses generative artificial intelligence to generate a score indicating the probability of card-testing attacks by fraudsters in card-not-present transactions.
  • Processor FIS Inc. introduced Atelio by FIS, a platform aimed at easing the way for banks, businesses, and software developers to incorporate payments and other financial services in their products.
  • Risk-technology firm Unit 21 Inc. launched ACH Risk Scores and Action Event Rules, aimed at managing fraud in automated clearing house transactions to enable faster funding.
  • Blue Payment Agency, a specialist in payments processing for high-risk merchants, announced it has added processing for knife and blade sellers to its e-commerce payment gateway.
  • Property-management platform Maestro PMS said it has added MezzoPay, an embedded-payments capability for hotel operators.
  • Payments platform Volante Technologies said it has achieved Fedwire Funds Service certification for the messaging capabilities of its wire-payment processing technology.
  • Payments-technology provider Stronghold announced it has acquired 20022 Labs, known for its work with the IOS 20022 financial-messaging standard. Terms were not announced.
  • Payments platform ZilMoney has joined the Visa Fast Track program, which aims at easing integration of payments services with Visa’s digital-payments network.
  • CPI Card Group Inc., a manufacturer of payment cards, reported net sales fell 7% in the March quarter, to $111.9 million. Net income dropped 50% to $5.5 million, the company added, chiefly because of expenses related to a transition to a new chief executive. CEO John Lowe succeeded Scott Scheirman in January upon the latter’s retirement.

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