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- Breeze Airways unveiled a credit card cobranded with Barclays US Consumer Bank. The card offers triple points on purchases of airfare and other items, including in-flight items.
- The Brussels-based financial-messaging body Swift said early testing of its early-stage central bank digital currency shows financial institutions can process a variety of transactions through CBDCs as well as through other digital tokens. Some 38 financial institutions participated in the tests.
- Some 76% of major U.S. banks are offering account-to-account transfers in their mobile-banking services, up from 44% three years ago, while 82% are offering bill payment, including recurring payments, according to the Q1 2024 edition of Keynova Group’s semi-annual Mobile Banker Scorecard. The study covered 17 mobile-banking services.
- RevoluGroup Canada Inc. has agreed to offer payments processing through its RevoluSend platform as part of a new white-label agreement with Moneco France, a payments-services provider.
- Bitcoin Depot has agreed to install Bitcoin ATMs in 87 retail locations in Puerto Rico, with 40 having been shipped so far. The company announced earlier the purchase of some 900 Bitcoin ATMs to support its overall expansion plans for the first quarter. It had deployed a total of 6,339 kiosks in retail locations in North America as of Dec. 31.
- Visa Inc. said adoption of Visa Token Service led to an increase of $2 billion in digital commerce last year in the Asia-Pacific region. The service replaces debit and credit card numbers with unique identifiers, or tokens, that can be deciphered only by Visa.
- AppTech Payments Corp. announced it will sell shares of its common stock along with pre-funded warrants in a public offering, with EF Hutton acting as book-running manager. The proceeds will be used for the integration of existing business, as well as for working capital and general corporate needs. AppTech went public in January 2022. Its shares closed Monday at $1.65 vs. a 52-week high of $4.81. The company became a payments facilitator through its October acquisition of Alliance Partners LLC and its FinZeo money-management software.
- Canada’s Regina Transit chose a fare-collection platform from Cubic Corp. for ticketing and contactless payments via phone, debit and credit cards, or a reloadable smart card.
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