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- Point-of-sale and payments software provider Sound Payments said it completed an integration with two Equinox Payments POS terminals in Sound’s Quantum Cloud platform.
- Blaze Solutions Inc., a provider of technology for cannabis sellers, has released new point-of-sale technology for that market, featuring a Web-based POS system and upgraded user interface.
- A startup called Inrupt, which develops software for the Web, has launched its Data Wallet, a digital wallet that the company says can enable everyday transactions including but not limited to payments. Tim Berners-Lee, credited as inventor of the World Wide Web, is chief technology officer and a cofounder of the company.
- Payments provider ACI Worldwide Inc. has renewed an agreement to provide software support globally to processor Worldpay.
- Payments technology developer Galileo Financial Technologies launched Galileo 3D Secure Access Control Server to assist clients in preventing card-not-present fraud. Annual losses from the fraud by 2026 will climb to $28.1 billion, up 40% worldwide from last year’s figure, Galileo says, citing research by Ethoca.
- Cross-border payments platform TerraPay said it can support money movement by financial institutions to more than 2.1 billion mobile wallets globally, using their existing Swift links.
- Clio, a developer of software that manages payments and other functions for law offices, announced it received $900 million in a Series F investment round led by New Enterprise Associates. The round values Clio at $3 billion.
- Conduent Transportation announced it has completed installation of new toll-collection technology for the Ohio Turnpike. The project includes upgrades to 216 toll lanes.
- Orbograph said it will integrate its check-processing technology with fraud-detection technology from Featurespace. Check fraud accounted for more than one-third of all fraud at depository institutions last year, according to research from the Financial Crimes Enforcement Network (FinCEN) cited by the two companies.
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