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Apple Renews App Store Payments Appeal And Other Digital Transactions News briefs from 7/5/23

  • Apple Inc. said it will file a renewed appeal with the U.S. Supreme Court regarding a 2021 case that invalidated Apple’s requirement that App Store businesses accept payments only through Apple’s platform.
  • Keys App Inc., a platform provider for locksmiths, launched its Keys App to enable digital payments for services and connections with potential customers.
  • Online marketing agency Manta launched its Business Management Software to enable small-business clients to accept payments and launch marketing efforts.
  • The total value of stablecoin transactions worldwide will reach $53 billion this year, growing to $187 billion by 2028, according to projections from Juniper Research. Fueling much of the growth is usage in cross-border payments, the firm says.
  • Cheqly, a service intended to simplify banking and card payments for businesses, launched on a platform from Mbanq, a fintech offering banking-as-a-service.
  • Cryptocurrency exchange BitMart said it has integrated a fiat-crypto “on-and-off ramp” from Alchemy Pay.
  • Meta Platforms Inc. has chosen services from nsKnox, a specialist in bank-account validation, to guard outgoing business-to-business payments against fraud.
  • The Marygold Companies, which launched the U.S. version of its mobile banking and financial services app in June, intends to launch it in the United Kingdom in 2024. Marygold also appointed Ian Gass chief product officer in the U.K.

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