Blackhawk Network Inc. is partnering with Aurus Inc., an omnichannel payments-platform provider, to increase consumer access to digital payments such as digital wallets and buy now, pay later loans. The deal is expected to provide merchants a single payments platform that supports myriad payment options, including general purpose and private-label …
Read More »Mobile Payment Use Increases and other Digital Transactions News briefs from 7/27/22
Consumers making a mobile payment at least once a week increased to 58% in the first half of 2022, compared with 46% in the same period in 2021, according to ACI Worldwide Inc.’s latest 2022 ACI Speedpay Pulse survey.E-commerce specialist Signifyd said a survey it commissioned found that 66% of respondents cut back their …
Read More »Global Digital Cross Border Transactions Are Exploding, a Researcher Reports
With digital domestic money transfers expected to exceed 300 billion transactions globally in 2026, up from a projected 207 billion transactions in 2022, a nearly 50% increase, new players are expected to push the envelope by introducing alternative forms of digital cross-border transfers, such as cryptocurrency and central digital bank …
Read More »Mastercard Makes a Quantum Leap And Other Digital Transactions News briefs from 7/18/22
Mastercard Inc. and D-Wave Systems Inc., a quantum computing systems firm, announced a multiyear alliance to advance the adoption of quantum computing technology in areas such as consumer loyalty and rewards, cross-border settlement, and fraud management applications.Payments provider Adyen NV said it has processed 10 million donations by buyers on the commerce platform …
Read More »Eye on Real Estate: Bank Shot Adds Digital Checks; Prometheus Launches Crypto
Mobile-payment solution provider Bank Shot has added support for digital-check acceptance in the real-estate market. The new feature will enable consumers to initiate an earnest-money or rent payment via a digital check. In addition, real-estate brokers, title companies, and property managers can use Bank Shot to pay realtor commissions. Bank …
Read More »An Insurance App Offers Crypto Rewards for Premium Payments
A mobile wallet that allows users to shop and pay for insurance has added a rewards program that offers cryptocurrency based on premium payments. Marble, a New York City-based company that started up in 2020, says it has integrated its wallet with Gemini, a crypto exchange, to let users redeem …
Read More »Usio Feels the Bite of the Crypto Meltdown, But Sees a Boost In ACH Volume
Despite increasing its automated clearing house volume in June, Usio Inc.’s overall processing volume is taking a temporary hit as one of its clients, digital-asset broker Voyager Digital LLC, announced it is suspending all buying and selling of cryptocurrency though its platform. San Antonio-based Usio made the announcement about the …
Read More »Seeking to Tap Into Crypto Lending, Wirex Launches Near-Instant Stablecoin Advances
Cryptocurrency holders looking to leverage their assets can now get a loan of up to $100,000 in stablecoins, the digital-payments platform Wirex Ltd. announced early Tuesday. Under the new service, holders can borrow as much as 80% of the value of their crypto holdings and receive an almost immediate advance …
Read More »Bitcoin Depot Launches Cash-Loading Crypto App and other Digital Transactions News briefs from 7/1/22
Bitcoin Depot, a Bitcoin ATM operator, launched BDCheckout, an app that lets users in North America load cash to their Bitcoin Depot digital wallets, which can then be used to buy Bitcoin. Bitcoin Depot is working with InComm Payments’ VanillaDirect barcode platform to offer the service.The big French processor Worldline S.A. said …
Read More »Blackhawk Makes a Move And Other Digital Transactions News briefs from 6/28/22
Dining-deal Web site Restaurant.com will work with payments provider Blackhawk Network to expand the site’s gift card program via Blackhawk’s online distribution network.SpotOn, a payments provider for restaurants, has been named a preferred technology partner by the New York State Restaurant Association.Amount, a fintech specializing in the rapidly expanding buy now, pay …
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