Digital Transactions Authoritative, insightful and timely information for payments professionals
• EDGE Mobile Payments LLC, which offers a card-consolidation device, said it is offering users of the former Coin card a discount on the purchase of its EDGE Card. Fitbit Inc. purchased Coin in 2016, and the service was shuttered earlier this year.
• PayPal Holdings Inc.’s dominance in e-commerce payments is driving a surge in its valuation, according to investment firm Robert W. Baird. PayPal shares are up 35% so far this year, compared to 9% for the market, Bloomberg reports, adding Baird’s price target for the company is now $59, up from $54.
• Quisk Inc., a digital cash-payment network for financial institutions, said it will incorporate blockchain technology on its platform, allowing it to store all transaction ledgers on a blockchain accessible by its clients.
• Mobile-ticketing platform Atom Tickets kicked off a promotion with mobile network operator T-Mobile involving offers related to summer movie releases, beginning this week with the release of “Wonder Woman.”
• Payments encryption specialist Bluefin Payment Systems said its service will be available to customers of Nodus Technologies, which provides business process automation software.
• MonkeyMedia Software, a cloud-based software platform, announced it and LevelUp, a mobile loyalty and payments provider, are developing an electronic interface that would connect a merchant’s accounts with each company. It enables the merchant to have a single account for mobile loyalty and payments, and off-premises ordering.
• Online-payments provider Stripe introduced a service called Sigma to allow businesses to run data analytics on the Stripe dashboard, using real-time data and with no setup or ongoing maintenance work, according to TechCrunch.com.
• Discover Financial Services announced it has launched a messaging capability for its mobile app that lets users communicate with Discover customer-service agents within the app and without interrupting other interactions.
