Monday , April 29, 2024

Square Outage Disrupts Transactions And Other Digital Transactions News briefs from 9/8/23

  • Block Inc.’s Square and Cash App units began experiencing system outages late Thursday, according to news reports. Cash App’s outage reportedly affected peer-to-peer payments, cash-ins, and cash card transactions. At Square, engineers reported early Friday they were deploying a solution.
  • Point-of-sale system maker iPOS Systems has enabled Tap to Pay on iPhone for U.S. merchants using its equipment.
  • Trolley, a platform that manages payouts to contractors, introduced a new version of its payouts-automation technology that includes support for complex organizations, multi-jurisdiction tax compliance, and other features.
  • Sutton Bank has appointed Darryl Clukey chief payments officer. Clukey comes to Sutton from The Bancorp, according to his LinkedIn profile.
  • The U.S. Faster Payments Council announced its 2023-2024 FPC Board Advisory Group, which advises the FPC board of directors and staff.

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