Darwinium, a fraud-prevention platform serving payments providers and fintechs from global offices in London and Sydney, announced its expansion into the U.S. market, including relocation of its corporate headquarters to San Francisco. Some 65% of treasury officers reported their organizations were victimized by attempted or actual fraud last year, the …
Read More »Fiserv’s Digital Debit Cards And Other Digital Transactions News briefs from 4/18/23
Fiserv Inc. launched a platform that can issue digital versions of a replacement debit card, enabling immediate use of a card that can be added to a digital wallet. Mobile-messaging provider Clickatell announced what it calls the world’s first chat-commerce platform as a service (CCPaaS). The platform allows customers to …
Read More »NCR Investigates a Ransomware Attack And Other Digital Transactions News briefs from 4/17/23
NCR Corp. said it is investigating a ransomware incident affecting one of its data centers and its Aloha cloud-based services for the hospitality industry. Its ATM, digital banking, payments and other retail services are not impacted. Huntington National Bank said it has extended Huntington ChoicePay to payments in higher education and business services. …
Read More »Affirm Extends Stripe Agreement to Canada And Other Digital Transactions News briefs from 4/14/23
Buy now, pay later provider Affirm Inc. said it is extending to Canada its processing agreement with payments platform Stripe Inc. Payments fintech Alacriti said it will provide identity verification for real-time payments through fraud-solutions provider Socure. Payments-technology provider Central Payments renewed an agreement with Galileo Financial Technologies LLC to process for Central’s Open*CP Fintech API …
Read More »Data Breaches Drop 13% And Other Digital Transactions News briefs from 4/13/23
The number of reported data compromises totaled 445 in the first quarter, a 13% decrease from the previous quarter, according to the latest report from the Identity Theft Resource Center. The number of victims decreased 64% in the same period. Health care breaches, at 81, led the quarter followed by financial services …
Read More »Garmin Pay on Another Watch And Other Digital Transactions News briefs from 4/12/23
Garmin Ltd. launched its latest smart watch, the $450 Instinct 2X Solar, which like most of its devices includes Garmin Pay, the company’s contactless-payment capability. ParkHub, a specialist in digital payments for parking, announced an agreement under which it will process payments at three venues owned by sports and live-entertainment company …
Read More »Visa+ P2P Service in Tests And Other Digital Transactions News briefs from 4/11/23
Visa Inc. announced a pilot for Visa+, a service that allows users to move payments between rival peer-to-peer payments networks. The pilot, set to launch later this year, will begin with transfers between PayPal and Venmo, a PayPal-owned network, but plans are to include P2P services DailyPay, i2c, TabaPay, and Western …
Read More »Praxis Debuts Card-on-File Option And Other Digital Transactions News briefs from 4/10/23
Payments provide Praxis Tech Ltd. has introduced a service it calls Merchant Initiated Transactions, which allows sellers to leverage a card-on-file option to initiate single-click payments on behalf of customers. GoDaddy Inc., a provider of payments and other services for small business, has released a small-business generative AI prompt library, which offers …
Read More »Higlobe’s Prepaid Card And Other Digital Transactions News briefs from 4/7/23
Cross-border payments fintech Higlobe Inc. said users can make payments in the United States from their Higlobe account with a new Visa prepaid card issued by Dash Solutions. POSaBIT Systems Corp., a payments platform specializing in the cannabis industry, said a previously announced agreement under which it would acquire MJ Platform, Leaf …
Read More »ePayPolicy Launches PayablesConnect And Other Digital Transactions News briefs from 4/6/23
Insurance-industry payments specialist ePayPolicy launched Payables Connect, which it says automates reconciliation, creation, and payment of due payables. Technical-standards provider Global Platform said it will offer a seminar in Brussels April 26 on security for digital wallets offering eID. MSP Recovery Inc., which offers a product called LifeWallet to help providers manage medical …
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