PCI Council’s New M-Pay Standard And Other Digital Transactions News briefs from 11/17/22
Digital Transactions News staff
November 17, 2022
Acquiring, Competitive Strategies, Credit Cards, Digital Currency, E-Commerce, Issuing/Originating, Law and Regulation, Mergers & Acquisitions, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
- The PCI Security Standards Council released its PCI Mobile Payments on COTS standard that addresses security requirements for services that enable merchants to accept cardholder PINs or contactless payments using a smart phone or other commercial off-the-shelf mobile device.
- Private equity firms Centerbridge Partners L.P. and Bridgeport Partners completed the acquisition of transaction processor Computer Services Inc. for $1.6 billion.
- Payments provider First American by Deluxe announced it completed an integration of Ingenico point-of-sale hardware into its enterprise payment gateway.
- The fintech Bump, a provider of financial services to freelancers, said it is working with card-issuance platform Highnote and Mastercard to launch the Bump Creator Card.
- Payments and gateway provider NMI said it will offer fraud protection products from Kount to its customers.
- The Uplift buy now, pay later service, which specializes in travel, has been adopted by Emirates, a Dubai-based airline.
- Balance, a business-to-business e-commerce payments specialist, completed an integration with commerce platform Shopify that will enable B2B merchants to offer customers to defer payments for 60 days and pay with multiple methods.
- Cryptocurrency asset platform Bakkt Holdings Inc. confirmed it has no exposure to several crypto companies that have recently halted activities.