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- Alviere, a platform for embedded payments, has launched its Loyalty Wallets product, which features pay-by-bank functionality. The wallets can be funded by ACH transfer or direct deposit.
- Bank3, a community bank in Tennessee and Mississippi, has chosen Tyfone Inc.’s Instant Payment Xchange technology, meant to facilitate real-time payments on the FedNow system. The announcement came as Tyfone said the bank had adopted its nFinia Digital Banking platform.
- The Miami Heat, a National Basketball Association team, has chosen Shift4 Payments Inc. to process ticket sales for games at Miami’s Kaseya Center, which has a capacity of 19,600 seats.
- FlexPay, a provider of technology to prevent cases of declined transactions, said it is working with ROI Solutions, a software vendor to nonprofits, to address the issue of failed payments at nonprofit entities.
- The trend toward contactless payments by card and wallet will help drive global sales of point-of-sale terminals to $212.9 billion by 2032, up from $107.4 billion last year, a nearly 8% compound annual growth rate, according to a report from SNS Insider, a market-research company based in Pune, India.
- Treasury and finance software developer Treasury4 said it has joined the J.P. Morgan Payments Partner Network, aimed at helping fintechs link to payments developers.
- E-commerce technology provider Miva Inc. said it designated Square, the point-of-sale unit of Block Inc., a Miva Preferred Payment Partner.
- Gateway Funnel Pros announced a new program aimed at supporting Shopify merchants looking for alternative transaction gateways.
- SecurityMetrics said it has launched what it calls a limited-release version of its Shopping Cart Monitor to help merchants combat card skimming and comply with PCI DSS requirements 6.4.3 and 11.6.1.
- Former NatWest Group and JP Morgan Chase executive Mike Elliff has joined Chargebacks911, a developer of chargeback-prevention technology, as chief revenue officer and chief executive for Europe, Middle East, and Africa. He has also joined the company’s board.
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