- Varo Bank entered the peer-to-peer payments fray with Varo to Anyone, which allows Varo accountholders to send funds to anyone who holds a U.S. debit card. Varo says the service carries no fee.
- Mitek Systems Inc. announced it has agreed to offer its biometric-based identity verification technology to complement the credit-reporting agency Equifax Inc.’s digital-identity software.
- Clip Money Inc., operator of the Clip Money multi-bank cash-deposit network using ATMs and so-called ClipDrop boxes, announced a $10-million investment from Cardtronics, an ATM-network operator acquired by NCR Corp. in June 2021.
- Using Apple Wallet as a mobile access tool to access buildings and doors could cost $1,000 or more per door, suggests a new report from BeXar Technology Partners, a demand creation consulting firm.
- VendorInfo launched an automated bank account verification service that can instantly verify the ownership and standing of a bank account.
- The board of directors of Bitcoin Depot, operator of a network of 6,400 kiosks that convert cash into Bitcoin, announced a share-repurchase program in which the company is authorized to buy back up to $10 million in outstanding Class A common-stock shares, starting now and lasting through June 30, 2024.
- Former Ford and eBay executive Suzy Deering has joined The Western Union Co.’s board of directors.
Check Also
Who Will Benefit Most Becomes the Latest Flash Point in the Battle Over the Illinois Interchange Law
The latest controversy about the law, which passed in June, revolves around a study from …