Thursday , January 16, 2025

Digital Currency

Worldpay To Process GOL Transactions and other Digital Transactions News briefs from 9/17/21

GOL Linhas Aereas Inteligentes S.A., said to be Brazil’s largest domestic airline, has chosen FIS Inc.’s Worldpay unit for payments processing in the 38 global market where the airline operates.Zum Rails, a provider of payments and open-banking software, launched anti-fraud technology for its Instant Deposit feature, which is enabled by Visa Direct.Humbl …

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Bot Attacks up 41% and other Digital Transactions News briefs from 9/14/21

Bot attack volumes increased 41% year-over-year in the first half of 2021, according to the latest Cybercrime Report from LexisNexis Risk Solutions.Outseer, an RSA Security LLC company, said its 3-D Secure technology has processed $100 billion in transactions to date in 2021. It also released its third quarter “Fraud & Payments …

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Kayak Adds More Uplift BNPL Options and other Digital Transactions News briefs from 9/10/21

Travel search engine Kayak Corp. said it will expand its offering of buy now, pay later capability through provider Uplift Inc. to include bookings on the mobile Web and through the Kayak app.In related news, Wisetack, which specializes in buy now, pay later services for home and auto repair, said it raised $45 …

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As It Moves Into Crypto, Mastercard Agrees to Buy Digital-Currency Security Firm CipherTrace

The two big card networks are making preparations for big moves into cryptocurrency payments. But crypto is no stranger to fraud, so Mastercard Inc. on Thursday announced it is acquiring CipherTrace Inc., a 6-year-old company specializing in technology to combat money laundering and other crimes involving digital-currency transactions. The deal, …

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Chase To Acquire 75% of Volkswagen Payments and other Digital Transactions News briefs from 9/8/21

JPMorgan Chase & Co. has agreed to buy close to 75% of Volkswagen’s payments platform, operated by Volkswagen Payments S.A. Terms of the deal were not announced. The unit supports in-car payments and other services in 32 markets worldwide.Clickatell, an online chat provider, launched Chat 2 Pay, a service that enables …

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PopID Plans College Campus Expansion and other Digital Transactions News briefs from 9/7/21

PopID, a consumer authentication service, said its PopPay payment service is used more than more 100 restaurant and retail brands. Approximately 70,000 registered users have authenticated their faces more than 4 million times. PopID recently closed on a $10 million Series B funding round and intends to expand to college campuses across …

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Biometric ID Checks Swell as Digital Payments Grow and other Digital Transactions News briefs from 9/3/21

Accelerated adoption of digital payments during the pandemic helped drive up biometric identity checks by a factor of 20 for ComplyCube in the first half of the year compared to the same period in 2020, said the company, which specializes in anti-money-laundering and know-your-customer compliance.Park Place Payments said it signed with acquirer Payroc …

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Stablecoins Join International Relief Efforts As Circle’s Platform Backs Aid Distribution

Stablecoins are coming to international disaster aid with the announcement Thursday that Ireland-based AID:Tech, a 5-year-old financial-services company specializing in relief distribution around the world, will work with Circle Internet Financial LLC to distribute aid via USD Coin, whose value is tied to the U.S. dollar. “Collaborating with AID:Tech to …

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Installment Payments Arrive for Rent and other Digital Transactions News briefs from 8/24/21

Till Inc., a rental payment provider, announced four new features enabling tenants to pay rent. One, Budget and Save, enables tenants to allocate rent in smaller installments for their entire rent prior to the due date. Landlords still receive the full rent amount on the due date. Another feature, Rewards …

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PayPal Expands Its Cryptocurrency Strategy Outside the U.S. With a Thrust Into the U.K.

As part of its strategy to be a leader in digital currencies, PayPal Holdings Inc. on Monday announced it will enable users in the United Kingdom to buy, hold, and sell cryptocurrency through their PayPal wallets. The move marks the first expansion of PayPal support for cryptocurrency outside the United …

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Digital Transactions