Tuesday , April 16, 2024

Tassat Preps for FedNow And Other Digital Transactions News briefs from 3/22/23

          • Tassat Group Inc., a provider of real-time business-to-business payments based on blockchain technology, said its client-facing application programming interface enables an “on-ramp” to FedNow, the Federal Reserve’s real-time payments service, which is expected to begin commercial service in July.
          • Liquidity Financial launched CauseCard, a Visa-branded debit card with a connected app that allows users to make micro-donations to selected charities and causes from a linked bank account.
          • Groceries and home furnishings have established themselves as key categories for e-commerce shopping, with the former accounting for $126 billion in online sales last year, up 10.2% over 2021, and the latter for $86.8 billion, up 10.8%, according to a report issued early Wednesday by Adobe Analytics.
          • Cross River Bank announced it will work with the U.K.-based payments provider Pay.com to bring the company’s platform to the U.S. market.
          • U.S.-based banking and payments technology provider i2c Inc. said it is assisting U.K.-based Wirex in expanding the company’s multi-currency debit card to Australia.
          • Payments technology provider Comdata Inc. said it will late this spring release Comdata CStore, a point-of-sale system aimed at convenience stores, travel centers, and truck stops.

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