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- Payments provider Klarna AB has entered the cryptocurrency market with an agreement with Swedish crypto broker Safello, which is launching Klarna Open Banking to allow 180,000 Safello users to buy digital currencies directly from their bank accounts.
- Mastercard Inc. and payments provider Island Pay have collaborated with the central bank of the Bahamas to issue the Bahamas Sand Dollar prepaid card, which enables users to convert the country’s digital currency to fiat Bahamian dollars to use wherever Mastercard is accepted.
- Browser provider Opera Ltd. launched Dify, an in-browser e-commerce utility that supports payments and cashback. The Dify app also includes a virtual Mastercard debit card. Opera says its browser has 380 million users worldwide.
- Paysafe Group said Luckbox, an e-sports betting platform, has integrated Paysafe’s Skrill and Netteller services into its system. Skrill will be available to U.S. consumers and Netteller to those in Canada.
- First Digital Asset Group, whose platform supports merchants, acquirers, and payment-service providers in accepting digital currencies, is teaming with Fireblocks Inc., whose platform enables the movement and storage of digital assets, to issue a digital wallet and platform linking financial institutions to the Diem network. Diem is the successor name for the Libra digital-currency initiative.
- Discover Financial Services said its Cashback Debit online checking account is the first such product from a digital bank to be certified by the Bank On National Account Standards, which were developed by the Cities for Financial Empowerment Fund. The standards are aimed at helping financial institutions link consumers to low-cost bank accounts.
- Image capture and payments technology provider Digital Check Corp. promoted John Gudenburr to vice president of engineering. He has more than 25 years’ experience.
- Point-of-sale system provider Toast said Susan Chapman-Hughes was appointed to its board of directors. Chapman-Hughes had been an executive at American Express Co.
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