Wednesday , January 8, 2025

Digital Transactions News staff

Clowd9 Enlists Netcetera’s 3-D Secure And Other Digital Transactions News briefs from 1/10/23

Clowd9, a cloud-based payment-processing platform, said it will use 3-D Secure issuer services from Netcetera to authenticate transactions and for access control services. Mastercard Inc. introduced its Mastercard Artist Accelerator program, which aims to assist fledgling music artists through nonfungible tokens and other Web3 technologies.

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Fleetcor Closes on Global Reach Acquisition And Other Digital Transactions News briefs from 1/6/23

Payments platform Fleetcor Technologies Inc. has closed on its acquisition of Global Reach Group, a United Kingdom-based provider of cross-border payments. Terms of the deal, which was announced in June, were not released. Ionia, a provider of embedded-payments technology, has joined Visa Inc.’s Fast Track Program, a service enabling fintechs to tap …

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What’s in ACI’s Future? And Other Digital Transactions News briefs from 1/5/23

ACI Worldwide Inc.’s shares finished up 13% to $26.11 on Wednesday as Bloomberg reported the payments company is talking to private-equity players about a possible sale. Payments processor Computer Services Inc. said it is working with Microsoft to rebuild its technology on Azure, Microsoft’s cloud-services platform. CardWorks Servicing LLC, a unit of CardWorks …

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Ackroo’s Simpliconnect Deal And Other Digital Transactions News briefs from 1/4/23

Ackroo Inc., a point-of-sale marketing and payments platform, said it has closed on its acquisition of Simpliconnect, a cloud-based marketing service for service stations and convenience stores. Under the terms of the deal, Ackroo paid $750,000 at the close and will make six monthly cash payments of $125,000 starting July …

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Inflation’s Impact On Remittances And Other Digital Transactions News briefs from 1/3/23

The number of cryptocurrency hacks globally reached 190 last year, setting a new annual record and exceeding 2021’s total by 44%, according to Comparitech. The value stolen totaled $3.57 billion, exceeding the combined total for 2019, 2020, and 2021. Some 82% of senders of remittances across borders said the cost of living has risen …

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UnionPay Adds 4 million Merchants Globally And Other Digital Transactions News briefs from 12/30/22

China-based UnionPay International announced 38 million merchants globally now accept the UnionPay card, four times the number 10 years ago, with 4 million added in 2022. UnionPay has issued more than 20 million cards internationally this year, bringing to more than 200 million the number of cards outside the Chinese Mainland. Former …

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DealerPay Shifts to a Higher Gear And Other Digital Transactions News briefs from 12/29/22

Dealer-Pay, a payments-technology provider for automobile dealerships, has integrated its platform with Dealertrack, a management system serving the same industry. Guarda, whose cryptocurrency wallet includes a prepaid Visa card, added five more digital currencies to the 14 it already supports. Supported cryptocurrencies include Bitcoin and Ethereum. Japan-based Smartpay has launched Smartpay …

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MoneyGram Links to CellPay for Bill Pay And Other Digital Transactions News briefs from 12/28/22

MoneyGram International Inc. announced a partnership with bill-payment platform CellPay to expand bill-pay options for MoneyGram users while expanding acceptance for MoneyGram’s service to more than 30,000 billers. Some 3.46% of U.S. consumers opened a new credit card in November, down from 3.7% in November 2021, according to the December 2022 …

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U.S. Holidays Sales Soar 7.6% And Other Digital Transactions News briefs from 12/27/22

U.S. retail sales in the Nov. 1 to Dec. 24 period, excluding automotive, grew 7.6% compared to the same time in 2021, according to Mastercard Inc.’s SpendingPulse, which tracks in-store and online sales. E-commerce sales alone were up 10.6%. The calculation took account of all forms of payment but was not …

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U.S. BNPL Forecasted To Reach $6.5 Billion In 5 Years And Other Digital Transactions News briefs from 12/23/22

The volume of buy now, pay later loans in the U.S. market will total $1.92 billion this year, up 25% from $1.54 billion in 2021, according to research from Research and Markets. The report projects the market will hit $6.5 billion by 2027.

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