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- Affinipay, an e-commerce payments provider specializing in professional markets, launched a generative AI capability in its platform for law offices, including its LawPay service. Generative AI refers to predictive technology based on artificial intelligence.
- The cryptocurrency exchange KuCoin announced users of its KuCard debit card can spend their digital currency from their iPhones or Apple watches via Apple Pay.
- Bluefin, a specialist in encryption and tokenization for payments, launched its SmartPOS payment-device line. The Android devices are aimed at clients using the company’s TECS payment platform.
- U.S.-based payments provider FreedomPay announced its commerce capabilities are available to all merchants in Spain through a certification from Redsys, said to be Spain’s largest payments processor.
- In related news, FreedomPay announced it has certified and launched its EFTPOS Least Cost Routing service on its payments platform in Australia.
- In its first global sports sponsorship in more than 15 years, Visa Inc. has agreed to sponsor two Red Bull Formula One racing teams.
- Some 96% of U.S. businesses were victimized by at least one fraud attempt in the past 12 months, according to a survey of more than 260 senior finance and treasury executives conducted by Trustpair, a provider of fraud-prevention technology.
- Payments platform Lightspeed Commerce Inc. launched Lightspeed Scheduling, aimed at allowing golf courses to book off-course events.
- Thumzup Media Corp. announced it raised in excess of $1.75 million from investors in its latest funding round. Thumzup users receive payments from advertisers via PayPal and other payments providers in return for recommending advertisers’ products on the Thumzup platform.
- Payments provider BlueSnap has hired Sharon Weiss as general manager for Israel and executive vice president for research and development.
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