- Only 8% of respondents in an HRC Retail Advisory survey said having the option to use a mobile payment in a store was important to them. The survey also found that 30% said being able to complete a transaction anywhere in the store was important.
- Event-organizing service SignUpGenius Inc. enhanced its payments services with flexible fees and other changes.
- Forty-six percent of online merchants said offering instant financing would reduce cart abandonment, according to a survey from Klarna, a payments provider specializing in online retail financing.
- Online financing specialist Affirm Inc. said it will work with merchants to make its service available in stores.
- Payfone Inc., a digital-identity authentication service, launched the Instant Experiences for Retail platform that helps merchants verify identities of shoppers.
- Greenlight Financial Technology Inc., developer of a debit card for children, teens, and college students, said it now has 100,000 customers.
- MoneyGram International Inc. said fourth-quarter 2017 revenues declined 2% year-over-year (4% on a constant-currency basis) to $408.2 million. The wire-transfer provider posted an operating loss of $56.5 million.
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