Real-Time Payments Catch on and other Digital Transactions News briefs from 9/19/19
Digital Transactions News staff
September 19, 2019
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, News, Prepaid Cards, Transaction Processing
- A survey by processor Fidelity National Information Services Inc. (FIS) found that 54 countries now have active real-time payment programs, up from 40 in 2018 and nearly four times as many as 2014.
- Cross River Bank, which specializes in services for technology companies, has applied to link to The Clearing House Payments Co.’s Real Time Payments (RTP) network.
- JPMorgan Chase & Co. said its Interbank Information Network has expanded to more than 330 financial institutions, with 65 having gone live on the system it launched last year. INN is intended to simplify and speed up global payments flows.
- Payment card maker Idemia and Zwipe, a biometric-technology company, have agreed to invest jointly in a platform aimed at mass-market production of biometric payment cards.
- Co-Op Financial Services said its card-controls and alerts app, CardNav, has expanded to include all credit and debit and card products it manages for its credit-union members.
- Dunkin’ Brands Group Inc. announced its On-The-Go Mobile Ordering app is now available to all customers. Before, it was restricted to members of its DD Perks rewards program who paid with an enrolled Dunkin’ gift card. Customers may pick up orders in-store or at the drive-through window.
- Crypto.com, which offers a cryptocurrency-based consumer-payments service, said its wallet app has reached 1 million downloads since premiering in May 2018.
- Discover Financial Services said it will be making job offers at next month’s Grace Hopper Celebration, a large gathering of women technologists in Orlando, Fla., to help fill more than 300 roles in technology and data science.
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