Fintech Branch launched a payroll debit card tied to a digital bank account instead of a prepaid card, as many payroll cards are set up. Schwarzwald Capital said it has invested an undisclosed amount in Vesta Corp., a transaction-guarantee platform for card-not-present payments. Bitcoin transaction-verification platform Branta said it has worked with Amboss, a provider of …
Read More »CellPoint Digital’s Sabre Expansion and other Digital Transactions News briefs from 4/8/25
CelllPoint Digital, a specialist in payments orchestration, will expand the payment methods available through SabreSonic and Radixx, services offered by Sabre Corp. a travel-technology company. U.S. payments platform Spreedly Inc. said it will work with Ebanx, a payment-service provider, to support alternative payment methods for international firms operating in Latin America. Payments …
Read More »Kuba’s Sacramento Fare System and other Digital Transactions News briefs from 4/7/25
The Sacramento Regional Transit District launched Tap2Ride, a contactless open-loop fare system from Kuba that enables users to use a contactless credit or debit card or a mobile wallet to pay for rides, said Kuba, a transit fare system provider. Floorzap, a developer of business-management tools for flooring retailers, announced a …
Read More »‘Debit With Benefits’ Debuts As Spire Launches Its Pay by Bank Service
What may be the first merchant-branded, automated clearing house-based pay-by-bank service has launched. Pay with Spire Inc., a Dallas-based payments provider, says its new Pay with Spire platform enables merchants to accept pay-by-bank transactions with no integration and at lower acceptance costs than credit or debit cards. Spire says the …
Read More »Alt Payments’ Vaulting Volume and other Digital Transactions News briefs from 4/2/25
Led by digital wallets, instant payments, and QR-code payments, alternative payment methods will account for $142 trillion in volume by the end of 2030, up 170% from now, according to a forecast from ABI Research. Eurostar, the European passenger rail line, has adopted Klarna AB to enable ticket purchases in three equal installments …
Read More »Stride Is New Affirm Debit Issuer and other Digital Transactions News briefs from 4/1/25
Stride Bank N.A. announced it will issue the Affirm Card, a debit card from buy now, pay later platform Affirm Holdings Inc., becoming Affirm’s latest issuing partner. Affirm says it had 1.7 million active cardholders as of Dec. 31, 2024. Payfave Inc., which does business as Wink, announced it has merged …
Read More »Mobile Wallets And Payment Apps Are Favored for Different Uses, an Onbe Survey Finds
Diners visiting a fast-casual restaurant—think Chipotle, Five Guys—are more likely to choose a mobile wallet to pay rather than a payment app, according to data from disbursement platform Onbe. In its Payouts Landscape Report, 56% of consumers prefer to use a mobile wallet for paying at a fast-casual restaurant, compared …
Read More »Galileo Is Tops Among Digital Debit Issuers, Javelin Says
Galileo Financial Technologies LLC’s Digital First product ranks first among digital debit card issuers in Javelin Strategy & Research’s inaugural Digital Issuance Provider Scorecard. Sandy, Utah-based Galileo earned top billing for its flexibility, security, and scalability. Javelin ranked eight digital-issuance vendors’ products, using 25 criteria across features and functionality, technology, …
Read More »Jack Henry’s Mastercard Move and other Digital Transactions News briefs from 3/18/25
Bank processor Jack Henry & Associates Inc. extended its work with Mastercard Inc. to now offer Mastercard Move, the card brand’s portfolio of money transfer products, through Jack Henry Transfers. This is part of Jack Henry’s previously announced partnership with Moov to enable banks and credit unions to offer digital payment services to consumers …
Read More »ICBA Payments’ Mastercard Move and other Digital Transactions News briefs from 3/17/25
The Independent Community Bankers of America said its ICBA Payments subsidiary is working with Mastercard Inc. to offer upgraded and enhanced card and payment services for 1,400 community banks. Mastercard will manage all cardholder communication and marketing while ICBA Payments will move its sponsored card programs to Mastercard at no cost and …
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