Debit Cards

Payments provider Sionic said it has agreed to provide its Pay-by-Bank faster-payments service to payments platform iVertical Payments Network to allow consumers to load gift cards directly from their bank accounts. A buy now, pay later startup called Tranch said it has raised $100 million in seed equity and debt funding. The round was …

A major venture by some of the country’s biggest banks to launch a digital wallet using a platform from Early Warning Services LLC, news of which emerged early Monday, is likely to benefit from the banks’ technology resources. But it could be hindered by consumers’ entrenched preferences for major-brand wallets …

Bluefin Payment Systems LLC is leveraging Visa Inc.’s technology to provide network tokenization through its ShieldConex vaultless-tokenization service. Bluefin will integrate directly with Visa to provide network tokens across card brands. In addition, Bluefin’s payment gateway, PayConex, will have the ability to process network tokens. ShieldConex protects payment and ACH …

As costs continue to increase across the country, many Americans worry about their bill-payment obligations, with 86% concerned about the inflationary impact, found a new survey from doxo, a bill-payment services company. In the report, “The Impact of Inflation on Paying Household Bills in the New Year,” doxo found that …

Priority Technology Holdings Inc. said it will offer merchants gift card products from Factor4 and GiftYa. Doma Holdings Inc., a technology platform for the real-estate industry, said it linked to payments provider paymints.io to allow home buyers to deposit earnest money digitally. The Electronic Transactions Association announced its 2023 board of directors. Eric Hoffman, …

Card-issuing platform Marqeta Inc. has extended its tokenization technology to allow card issuers to push tokenized cards to consumers’ mobile devices, where consumers can use the cards to make purchases. The new technology, which Marqeta calls “web push provisioning,” is expected to reduce friction in mobile payments by eliminating the …

Discover Financial Services posted single-digit growth rates for both its Pulse and Discover network units in the fourth quarter of 2022. Discover on Thursday said volume on its Discover Network was $58.1 million in the quarter, a 9.2% increase from $453.2 million in the year-ago quarter. Pulse, Discover’s debit network, …

Convenience store chain Circle K is migrating its electric vehicle charging network to Driivz, a service that includes scalable EV charging billing. Tel Aviv-based Driivz says the network includes more than 600 public EV charging stations in Europe and North America.  Laval, Quebec-based Alimentation Couche-Tard Inc., parent company of Circle …

Cheq Inc. continues its expansion into the highly competitive market for in-stadium payments through a deal with the Sacramento Kings of the National Basketball Association. The agreement includes mobile ordering, social payments, and express kiosks at Golden 1 Center, the Kings’ home arena. The deal is the first of five …

For several years, MagicCube Inc. has worked to prove that merchants can safely and speedily accept card payments with no hardware other than an off-the-shelf mobile device. Now the Santa Clara, Calif.-based company has added a new wrinkle to its strategy: agreements with device vendors that make MagicCube’s iAccept the …