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- Sionic Mobile, a provider of payment and rewards technology, announced a single account through which users can pay a range of providers through mobile devices or in-car commerce.
- Gas Pos, which sells EMV-acceptance services to fuel retailers, announced a $1 million investment from Merus Capital, a venture-capital firm.
- Bluefin Payment Systems LLC announced it will provide point-to-point encryption services to users of Destiny Solutions, developer of software for higher-education administrators.
- The volume of fraud attempts is expected to rise 14% between Thanksgiving and Christmas compared to the same period last year, according to an analysis from ACI Worldwide.
- CanPay, a payments provider specializing in the cannabis industry, said it is working with Jane Technologies, an online cannabis marketplace, to launch an integrated online menu and ordering platform with payments for cannabis dispensaries across the country.
- BillingTree expanded the integration of text-based billing and payments within its CareView and Payrazr services and rebranded them as BillingTree SMS.
- Installment-payment provider Splitit released survey results that found almost 70% of consumers plan to spend more than $100 online this holiday season. Additionally, 40% of shoppers plan to complete the majority of their holiday shopping via large online retailers.
- Discover Financial Services’s 2018 Holiday Shopping Survey found that 80% of Generation Z, typically those born in 1997 or later, intend to use a mobile device to shop for holiday gifts, compared to 73% of Millennials, 62% of Generation X, and 41% of Boomers.
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