Digital Transactions Authoritative, insightful and timely information for payments professionals
- Fraud and scams have grown into a “pressing concern” for users of digital payments in the Caribbean and Latin America, according to a regional survey report released by Mastercard Inc. The research effort queried 3,577 adults in 12 countries in October.
- Mastercard has launched Mastercard Access Pass, aimed at allowing card issuers to add perks and other incentives for cardholders.
- The fintech Stelrix launched what it says is the first real-time secured credit card backed by investments. The card taps the holder’s portfolios without the need to sell assets, the company says.
- Licel Corp., whose technology protects applications such as banking and SoftPOS on mobile devices, said it has renewed its EMVCo Security Evaluation and Approval for its Licel vTEE on iOS, regulated under EMVCo’s Software-Based Mobile Payment TEE program. A vTEE is a virtual trusted execution environment.
- The processor Thredd Group Ltd. said it has moved BigPay’s portfolio of 2.5 million cards to its platform from a previous processor. BigPay is a money-management app provider.
- Payments-technology developer Checkbook Inc. said it will work with LL Pay U.S. LLC, known as LianLian Global, to support cross-border payments for merchants, students, and travel agencies.
- The board of cryptocurrency company OBOOK Holdings Inc., also known as OwlTing Group, authorized a share repurchase of up to $10 million as the company plans for an integration with the Visa network and other initiatives.
- The state of New York has approved MoonPay’s MoonPay Trust Co. LLC to start offering cryptocurrency services such as digital-asset custody and over-the-counter trading services.
- DeFi Technologies Inc. said QCAD, introduced by DeFi’s venture portfolio company Canada Stablecorp Inc. and the QCAD Digital Trust, has received regulatory approved as Canada’s first compliant stablecoin.
- Texas-based Sabre Corp., a provider of technology for the travel industry, said its Sabre Direct Pay unit will process travel-related transactions in tandem with Juspay, an India-based provider of payments orchestration.
Related Articles
Check Also
An ETA Report Calculates How Digital Payments Drive the U.S. Economy
Digital payments last year generated $354 billion in economic output and supported more than 2 …