Saturday , November 23, 2024

Digital Transactions News staff

PayPal, Venmo Activate Visa+ and other Digital Transactions News briefs from 4/2/24

Visa Inc. announced PayPal and Venmo have activated Visa+, its interoperable peer-to-peer payments service that enables users in one P2P service to make a payment to another person using another network. Fintech Current and The Western Union Co. are expected to enable Visa+ next, Visa said. The service’s B2C payout capability has …

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AirAsia and Trip.com in Payments Collab and other Digital Transactions News briefs from 4/1/24

Travel platform Trip.com Group said it will work with Capital A Berhad, parent of the airline AirAsia, to support ticketing, payments, and other functions. Visa Inc. has been announced as a founding partner of Bay FC, a new Bay Area women’s professional soccer franchise in the National Women’s Soccer League. Dime Community Bancshares launched …

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Ant’s Deal With Air Asia and other Digital Transactions News briefs from 3/29/24

The big digital-payments platform Ant International said it will support local payment methods and payment orchestration for Capital A Berhad, owner of AirAsia. Tink, a payments provider acquired by Visa Inc. in 2022, has agreed to provide pay-by-bank payout options in Europe for checkout platform Payop. Adyen NV will process online and offline …

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Discover CEO Leaving and other Digital Transactions News briefs from 3/28/24

Michael Rhodes has resigned as chief executive and president of Discover Financial Services Inc., effective April 1. Rhodes was “not expected to have a long-term role at the combined company after completion of the Company’s merger with Capital One Financial Corporation,” Discover said in a Form 8-K filed with the Securities and …

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Visa’s AI-Powered Trio and other Digital Transactions News briefs from 3/27/24

Visa Inc. announced three technologies leveraging artificial intelligence and aimed at controlling fraud risk, including Visa Deep Authorization, real-time account-to-account payment protection, and extension of Visa Advanced Authorization and Visa Risk Manager to non-Visa card transactions. The services are expected to launch by mid-year. Cantaloupe Inc., a specialist in payments for …

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Breeze Taps Barclays and other Digital Transactions News briefs from 3/26/24

Breeze Airways unveiled a credit card cobranded with Barclays US Consumer Bank. The card offers triple points on purchases of airfare and other items, including in-flight items. The Brussels-based financial-messaging body Swift said early testing of its early-stage central bank digital currency shows financial institutions can process a variety of transactions through CBDCs …

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X Gets More State OKs and other Digital Transactions News briefs from 3/25/24

X Payments LLC, the payments platform for the social-media network X (formerly Twitter), received money-transmitter licenses last week from New Mexico, Oregon, and Illinois, bringing to 22 the number of states that have approved the platform for money movement. Fleetcor Technologies Inc., a business-payments provider, said it has now renamed …

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ParkHub and JustPark Combo and other Digital Transactions News briefs from 3/22/24

Parking management and payment providers ParkHub said it will merge with JustPark, a United Kingdom-based parking reservations and payments platform. Dallas-based ParkHub said the new organization serves more than 20 million drivers and more than 500 business-to-business clients representing more than $1 billion in booking volume. Terms were not disclosed. Payments provider North …

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Digital Wallets A Powerhouse And Other Digital Transactions News briefs from 3/21/24

Digital wallets accounted for $13.9 trillion in payments volume last year, or 50% of e-commerce and 30% of point-of-sale spending, according to Worldpay’s Global Payments Report 2024. This will grow to more than $25 trillion by 2027, or 49% of combined point-of-sale and online volume, the report forecasts. Automated clearing house …

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Rams Draft Shift4 And Other Digital Transactions News briefs from 3/20/24

The Los Angeles Rams of the National Football League chose Shift4 Payments Inc. to process ticket sales through Shift4’s Ticketmaster integration. TokenEx, a cloud-based provider of tokenization services to shield personal information in payments, launched a point-to-point encryption service for both online and in-person transactions. The company says the service reduces the scope …

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