Thursday , April 25, 2024

PCI Council’s New M-Pay Standard And Other Digital Transactions News briefs from 11/17/22

  • 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.

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