With the Covid-19 pandemic accelerating the adoption of digital payments, it was only a matter of time before payments providers began pushing the technology beyond mainstream merchants, such as retailers and restaurants, and down to professions with specialized needs, such as realtors, attorneys, and healthcare providers. DepositLink Inc., a Boston-based …
Read More »BlocPal And OneFeather Team to Deliver Services Via Mobile Wallets to Canada’s Indigenous People
As part of its goal to provide unbanked and underbanked consumers affordable digital access to financial services through a single application, BlocPal International Inc. has partnered with OneFeather, a Victoria, British Columbia-based provider of digital services to indigenous people in Canada, to introduce the OneFeather app in that country. The …
Read More »Riskified Files for an IPO; Lightspeed Closes Its NuOrder Deal
Fraud-management platform Riskified Ltd. has filed for an initial public offering of its Class A Ordinary Shares. Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and Credit Suisse Securities (USA) LLC are the lead underwriters. Barclays Capital Inc., KeyBanc Capital Markets Inc., Piper Sandler & Co., Truist Securities, Inc., …
Read More »Contactless Parking Expands As ParkMobile Grows Its Presence in North Carolina
ParkMobile LLC Thursday expanded its partnership with parking-lot operator The Car Park to Raleigh, Asheville, and Boone, North Carolina. Previously, The Car Park worked with another payment provider in those cities. The deal also builds on an existing relationship The Car Park has with ParkMobile in Tampa, Boise, Estes Park, …
Read More »After a Covid Shutdown, a Florida Road Authority Revives Its Visitor Toll Pass Program
Fifteen months after suspending its popular Visitor Toll Pass program due to travel restrictions placed on tourists moving through Orlando International Airport during the Covid pandemic, the Central Florida Expressway Authority on Wednesday rebooted the program. The Visitor Toll Pass, which debuted in May 2019 and was suspended in March …
Read More »Paysafe Continues Its Push Into Online Gaming Via an Expanded Deal With FOX Bet
Paysafe Group Holdings Ltd. continued its push Tuesday into making processing online gambling transactions a larger part of its business by expanding a partnership with FOX Bet, a U.S. online and mobile sports-betting platform operated by Flutter Entertainment plc. Under the terms of the deal, which follows a deal earlier this …
Read More »Cardknox Is the Latest Player to Adopt QR Codes for Contactless Payments
As the popularity of using quick-response codes for payment at the point-of-sale grows, the trend toward offering the technology to software developers and merchants has gained momentum and now includes small and mid-sized processors. Omnichannel payment gateway Cardknox Development Inc. on Monday became the latest processor to enter the fray, …
Read More »Digital Channels Remain Popular for Bill Pay As Covid Fades, an ACI Study Finds
Consumers’ use of digital channels to pay bills continues to rise even as the Covid-19 pandemic begins to ease, according to a study by ACI Worldwide Inc. In looking at how consumers’ use of digital channels, such as Web sites and mobile apps, has grown during the first half of …
Read More »Looking to Grow Debit Card Usage, Oxygen Debuts a Tiered Rewards Program
Looking to make debit cards more attractive to consumers by offering incentives that rival those found in credit card rewards and loyalty programs, Oxygen Inc., a San Francisco-based financial-services technology provider, on Wednesday introduced Elements, a tiered rewards and loyalty program for debit card holders. Rewards available through Elements include …
Read More »KyckGlobal Enables a Cash-Payment Option for Used-Car Dealers
Although the Covid-19 pandemic spurred many consumers to embrace digital payments, the need for cash acceptance— especially among merchants and lenders that service unbanked consumers—remains strong. To help fill that need, KyckGlobal Inc. on Tuesday announced a deal with Advanced Business Computers of America Inc. (ABCoA) to enable used-car dealers …
Read More »