Monday , January 20, 2025

Digital Transactions News staff

PAX Intros New POS Devices and other Digital Transactions News briefs from 4/11/24

PAX Technology Inc., a provider of point-of-sale payments technology, released its IM15 device, aimed at unattended, heavy-traffic POS environments. Separately, the company also unveiled its E700Mini SmartPOS POS device. Payments provider Trustly said it is working with games company Light & Wonder to offer RapidPlay to the casino industry. The feature enables immediate cashless …

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Airwallex’s Borderless Card and other Digital Transactions News briefs from 4/10/24

Airwallex launched in Canada what it calls its Borderless Visa Card, a virtual card Canadian business travelers can use for payments where Visa is accepted globally. Peoples Trust Co. is the issuer. Payments provider Talus Pay announced it is rebranding as simply Talus, while its recently acquired Jobox.ai unit will take on the …

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Mastercard Realigns Units and other Digital Transactions News briefs from 4/9/24

Mastercard Inc. announced an organizational realignment that centers on core payments, commercial and new payment flows, and services. Jorn Lambert will lead core payments as chief product officer. Raj Seshadri will head commercial and new payment flows as chief commercial payments officer. Craig Vosburg becomes the chief services officer in charge …

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Busey Enlists Corserv for Card Program and other Digital Transactions News briefs from 4/8/24

Corserv, a payments provider for banks and fintechs, said it will work with Busey Bank to launch a credit card for the bank’s commercial clients. Synchrony Financial said BRP US Inc., a powersports and marine products maker, said it will Synchrony’s installment finance service to its dealers. The big France-based processor Worldline said …

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Skipify Working with Visa’s Digital Commerce Program and other Digital Transactions News briefs from 4/5

Checkout fintech Skipify said it is working with Visa Inc.’s Digital Commerce Program on initiatives, among them letting Skipify users link Visa Click to Pay cards to a Skipify’s Connected Wallet. This move speeds recognition of Skipify users on e-commerce sites to more quickly show the users’ available cards. PSCU/Co-op Solutions, a …

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NAB’s Visa Integration and other Digital Transactions News briefs from 4/4/24

Payments provider North American Bancard LLC said it has integrated its merchant processing platform with Visa Inc.’s Visa Acceptance Platform, allowing it to offer merchants access to Visa properties such as Cybersource, a fraud-detection platform. The Clearing House Payments Co. LLC said first-quarter volume on its RTP real-time payments network set a quarterly …

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Lightspeed Makes Layoffs and other Digital Transactions News briefs from 4/3/24

Canada-based payments processor Lightspeed Commerce Inc. announced it will reduce its headcount by roughly 10%, or 280 jobs, and make other spending cuts in operations and facilities, in a cost-cutting initiative it expects to complete by the end of June. The company has not had a profitable year since going public in …

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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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