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- ThetaRay Ltd., a U.S. and Israeli provider of transaction-monitoring technology based on artificial intelligence, said France-based payments provider Sylq has contracted to use its customer-screening product.
- Fingerprint-authentication provider IDEX Biometrics is working with security firm AuthenTrend to offer smart cards for digital authentication in such applications as cryptocurrency wallets. The product’s launch is expected in the fourth quarter.
- Point-of-sale transaction processor RevoluGroup Canada Inc. said its worldwide credit and debit card billing and processing platform, unveiled in March, has launched on schedule.
- Payments provider Lightspeed Commerce Inc. launched a series of features for its Lightspeed Retail platform, including an expanded marketing capability and an enhanced e-commerce tool.
- An imperative to broaden revenue streams is driving acquisitions in payments, while a concurrent need to boost cash is pushing companies to divest units, according to Forbes.com.
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