British automaker Lotus Cars Ltd. has selected Stripe Inc. as the processor for its direct-to-consumer sales in Europe. The deal will enable consumers to configure, order, and pay for cars online. Consumers can use such payment methods as Apple Pay, Google Pay, and bank transfers. Lotus will be able to …
Read More »BNPL Providers Could Do a Better Job Protecting Consumers, Consumer Reports Finds
Despite the increasing popularity of buy now, pay later loans, some BNPL providers could do a better job when it comes to providing consumer protections, such as disclosing fees and enabling consumers to manage their data and privacy settings, a study by Consumer Reports found. When it comes to the …
Read More »Citizens Launches Cards For the Visually Impaired
Citizens Bank has launched the Private Client World Elite Mastercard, which uses tactile notches on the side of the card to help visually impaired consumers determine the type of card they are using—credit, debit or prepaid—by touch alone. The card features different types of notches to distinguish the card type …
Read More »Cantaloupe Enlists Amazon to Add Potency to Its Cloud-Based Platform
Cantaloupe Inc., a specialist in micropayments, announced on Tuesday it has teamed up with Amazon Web Services Inc. (AWS) to use AWS cloud services and make AWS its preferred provider to handle transaction volume flowing through Cantaloupe’s merchant network. Cantaloupe, which specializes in payments technology for vending machines and self-service marketplaces, handles …
Read More »Eye on Bitcoin: Marathon, Brink Partner To Raise Money for Bitcoin Developers; Jack Dorsey Invests in Azteco
Marathon Digital Holdings Inc., a digital-asset company that supports the Bitcoin ecosystem, is teaming up with Brink Technology to raise $1 million to support Bitcoin Core developers that maintain the Bitcoin protocol. Brink Technology works to strengthen the Bitcoin protocol and network. The Bitcoin protocol enables Bitcoin to function as …
Read More »Galileo Will Sell Its Apps on Amazon’s AWS Marketplace
Galileo Financial Technologies LLC has reached an agreement with Amazon.com to make its platform available to buyers on Amazon’s AWS Marketplace. AWS marketplace is a digital catalog that features software listings from independent software vendors. Businesses use it to find software that runs on Amazon Web Services (AWS), a unit …
Read More »Eye on Cybercrime: Apple Tackles App Store Fraud; No Slowdown for ID Theft
Cybercrime remains a scourge difficult to tame, according to data from Apple Inc., the Identity Theft Resource Center, and LexisNexis Risk Solutions. Apple Inc. late Tuesday revealed it stopped more than $2 billion in fraudulent transactions in its app store in 2022. In addition, the technology giant blocked nearly 3.9 …
Read More »As the Dark Web Turns Darker, Mitek And DarkTower Partner to Combat Fraud And ID Theft
Mitek Systems Inc., a provider of identity-verification technology, is teaming up with DarkTower, the cyber-intelligence division of Davidson, N.C.-based IT consultancy Queen Associates, to combat account fraud and identity theft. The partnership grew out the increasing role criminal marketplaces on the dark Web are playing in account and check fraud, …
Read More »Eye on BNPL: Capchase Brings BNPL to SaaS Developers and Affirm’s Loss Broadens
Capchase, which provides funding to software-as-a-service companies without requiring them to give up an ownership stake, has launched a buy now, pay later financing option that allows SaaS vendors to collect the full contract value for their applications while providing customers with flexible payment terms. Capchase developed the BNPL payment …
Read More »Payroc Acquires Atlantic Merchant; First American by Deluxe Adds SwipeSimple’s Software
Payroc WorldAccess LLC has acquired Atlantic Merchant Services, LLC for an undisclosed sum. Raleigh, N.C.-based-Atlantic Merchant serves merchants and businesses across the mid-Atlantic region, as well as West Virginia, Tennessee, Michigan, and Texas. Atlantic Merchant’s services include touchscreen POS, mobile solutions, e-commerce, countertop terminals, and smart-phone applications. Merchant segments serviced …
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