Shift4 Payments Inc. has expanded its merchant-gaming portfolio by striking a deal with the Chickasaw Nation to process payments across all of its tribal-owned casino and non-casino locations, as well as third-party venues, such as valet services or restaurants operated by third parties within Chickasaw-owned casinos. The Chickasaw nation, the …
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Varo Bank early Tuesday announced it has become the first digital neobank to be admitted to the Zelle peer-to-peer payments network. The bank, a unit of the 7-year-old, San Francisco-based Varo Money Inc., said it will now offer payments via Zelle through its mobile app. “Adding Zelle to our product …
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Authorized push payments fraud is expected to reach $5.25 billion in fraud losses in the United States, United Kingdom, and India by 2026, according to research from ACI Worldwide Inc. and GlobalData, an analytics firm. In 2021, U.S. authorized push payment fraud was $1.6 billion and is forecasted to be $3.1 …
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American Express Co. is working with the popular social-media platform TikTok to launch the #ShopSmall Accelerator, a program intended to help small-business owners reach a new generation of shoppers on Small Business Saturday, Nov. 26, and throughout the rest of the holiday-shopping season. The deal will provide business owners with …
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As clients of payment gateways turn to them for more than connectivity to multiple processors, choosing a gateway becomes more complex. The 2022 edition of The Strawhecker Group’s Payment Gateway Directory hopes to help with that, even as gateways’ role expands. Payment gateways are a key driver in the payments …
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Buy now, pay later provider Klarna AB said its service is now included in Viva Wallet, a European payment platform. Klarna says it serves 150 million active users globally, conducting 2 million daily transactions.In the wake of the implosion of cryptocurrency exchange FTX, Silvergate Capital Corp. said FTX’s deposits at the bank totaled $11.9 …
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Instacart, the online grocery-delivery service and marketplace that employs personal shoppers to shop for consumers—and then facilitates delivery of those orders to the customer’s home—has brought on Adyen Inc. to provide additional payment processing capabilities. The deal will enable Instacart to leverage Adyen’s platform for payments including, PINless debit. Instacart …
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Few merchant markets are more competitive these days than hospitality, particularly restaurants, a state of affairs that only gained intensity with the onset of the pandemic. But at the same time, the drive among eateries to install modern payment-processing technology has lent impetus to many point-of-sale technology providers and processors …
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Moca Financial, a platform for digital cards and payment processing, launched The Patriot Card in partnership with the Association of Military Banks of America. Aimed at veterans, the physical and virtual Visa cards enable holders to receive, spend, and save government benefits.Banking giant J.P. Morgan announced it will open an office in Athens, Greece, …
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The kinetic energy powering the open-banking wave continues to build. On Thursday, fintech Sila Inc. and MX Technologies Inc. announced tokenized integration for bank-account verification through MX’s MXapi Processor Tokens. The tokens will enable clients of Sila and their end users to digitally verify bank accounts and account data for …
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