Tuesday , December 17, 2024

Card Concepts Settles with PayRange and other Digital Transactions News briefs from 12/17/24

  • Card Concepts Inc. will license mobile-payments technology from PayRange Inc. as part of a settlement of a patent-infringement lawsuit PayRange had brought against rival Card Concepts. Both companies provide payments technology for unattended machines, such as laundry equipment.
  • Unattended payments specialist Cantaloupe Inc. said it will provide the point-of-sale technology and Suites management system for soccer team San Jose Earthquakes at PayPal Park, beginning with the 2025 season.
  • Fintech Worth, which specializes in underwriting and onboarding workflow automation, announced several recent milestones including several outside investments and leadership additions.
  • Digital currency provider Ripple said its Ripple USD stablecoin is now available on global exchanges.
  • Tether, a major stablecoin platform, has invested in StablR, a stablecoin provider, as part of an effort to promote stablecoin adoption in Europe. Terms of the investment were not available.
  • Former Sodexo executive Ryan Bott has been appointed chief executive of Ordr Technologies, a payments provider specializing in sports and entertainment. With the move, co-founder Jade Chiles assumes the office of chief marketing officer.

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