- J.P. Morgan Payments has entered into an expanded relationship with One Inc, a payments platform specializing in the insurance industry, to focus on property & casualty insurance clients.
- Consumers will spend $1,778 on average during the upcoming holiday season, according to projections from Deloitte Consulting LLP.
- The FIDO Alliance, a group backing authentication technologies for payments, launched Passkey Central, a site featuring information on how to deploy passkeys to help secure digital sign-ins.
- Arnout Schuijff, one of the co-founders of the payments platform Adyen NV, is a co-founder of Tebi, a startup payments platform specializing in restaurants, bars, and cafes. The company recently raised 20 million euros ($21.8 million) in a Series A funding round. Schuijff left Adyen in 2020.
- Blockchain-technology provider Paxos announced its new stablecoin payments platform, adding the new service is providing support for Pay with Crypto, a new product from Stripe Inc.
- Velera, formerly known as PSCU/Co-Op Solutions, has chosen Arroweye Solutions for payment card production for the more than 4,000 financial institutions Velera serves.
- Deluxe Corp., a payments-services provider, named Kimberly D. Cross chief human resources officer. Cross comes to the company from Fiserv Inc.
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