- Sixty-three percent of consumers in a survey of U.S., U.K., and German shoppers say they prefer to shop in person rather than online, with 70% of U.S. shoppers saying so. The results, released by payments platform Digital River, stemmed from a canvass of 3,000 consumers across the three countries.
- Garmin launched its Venu 3 and Venu 3S smart watches, which among other features include the Garmin Pay contactless payment capability.
- Bank of America Corp. introduced its Global Digital Disbursements feature for clients holding accounts at the bank’s Canada branch. The payments feature relies on the e-Transfer capability of Interac, the national Canadian payments network.
- Weave, a business platform for medical practices, launched Scan to Pay, a QR-code scanning capability for payment acceptance.
- Mastercard Inc. has certified the Idex Biometrics Payment Card, Idex Biometrics ASA announced. The card includes a sensor for fingerprint identification to authenticate transactions. More than 15 card manufacturers and resellers have signed up to support the card, Idex says.
- Innovative Payments Solutions Inc. announced a reverse stock split in the ratio of one post-split share for every 30 pre-split shares. The move was effective at 8 a.m. Wednesday.
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