Linxens Holding SAS has become the global provider of biometric smart cards produced with technology from Linxens and Idex Biometrics ASA under a new agreement. The cards feature fingerprint sensors from Idex and an NFC antenna inlay from Linxens.Blockchain-based gaming platform Aqua said it has hired former Facebook executive Sean Ryan as chief …
Read More »Walmart Forges a Path for Streaming Commerce in a Deal With Roku
Walmart Inc. has found another electronic outlet for its merchandise. The retailing giant announced late Thursday it will sell so-called featured products on Roku Inc.’s streaming service, with payments handled by Roku Pay. San Jose, Calif.-based Roku claims to be the largest U.S TV streaming service by hours streamed. Well-known …
Read More »Visa Adjusts Its Chargeback Rules to Help Stem a Rising Tide of Friendly Fraud
When it comes to payment card fraud, criminals trying to bilk the system with stolen card credentials is what typically comes to mind. But with e-commerce sales soaring during the pandemic, another form of fraud has been gaining momentum. This is so-called friendly fraud, in which a consumer disputes a …
Read More »Samsung Wallet Debuts and other Digital Transactions News briefs from 6/17/22
Samsung Electronics launched Samsung Wallet for its Galaxy line of mobile devices. The new application allows users to store payment cards as well as digital keys, boarding passes, ID cards, and other credentials. Later in the year, the wallet will support driver’s licenses and student IDs. Samsung Pay users can upgrade to the wallet …
Read More »Mastercard Deepens Its Fintech Ties With the Launch of Its Start Path Open Banking Program
With open-banking initiatives growing fast along with payments, Mastercard Inc. late Tuesday launched its Start Path Open Banking global program. The program, which is the latest track of Mastercard’s Start Path Global program that supports later-stage fintech startups, will introduce five open-banking startups to Mastercard’s open-banking executives, customers, and partners. …
Read More »In a Volatile Crypto Market, An Online Bazaar for Collectibles Adopts Circle’s USDC
At a time when the values of Bitcoin and other cryptocurrencies are collapsing, interest in the utility of stablecoins for payments appears to be on the rise. On Wednesday, a blockchain-based online marketplace called Dibbs said it had integrated with Circle Internet Financial LLC to allow buyers to use Circle’s …
Read More »Credova’s Pay in 4 for Outdoor Sports and other Digital Transactions News briefs from 6/16/22
Credova, a buy now, pay later platform for outdoor-sports-related purchases, launched its Pay in 4 program, allowing shoppers to split purchases into four installments at no interest.Point-of-sale technology provider PredictSpring said it has raised $16 million in a Series B funding round.Point-of-sale system maker Bravo Systems released updates for automated form completion and text …
Read More »With Pay Monthly, PayPal Expands Its BNPL Platform to Bigger Buys, Longer Terms
The buy now, pay later trend is getting hotter with the summer. PayPal Holdings Inc. announced early Wednesday it will offer a plan allowing consumers to split large purchases over a period of six to 24 months. The monthly payments will incur interest and will apply to transactions valued between …
Read More »RBC Inks Deals With Plaid And Yodlee to Help Jumpstart Open Banking In Canada
To speed adoption of open banking in Canada at a time when Canadians are craving digital services, RBC (Royal Bank of Canada) late Tuesday announced partnerships with open-banking platform provider Plaid Inc. and data-aggregation and analytics provider Yodlee Inc., a unit of Envestnet Inc. The deals will enable RBC customers …
Read More »Omnichannel Revenue up 142% in May and other Digital Transactions News briefs from 6/15/22
Data from Signifyd’s Ecommerce Pulse report found that retailers experienced a 142% increase in omnichannel sales in May from May 2021.Grubhub, the food ordering and delivery app, said it has added PayPal Holdings Inc.’s Hyperwallet and Visa Direct, Visa Inc.’s real-time payment service, to allow drivers to receive immediate payouts.Software provider Marketing 360 launched …
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