Marketing

The Securities and Exchange Commission sued cryptocurrency exchange Coinbase, alleging the company operates as an unregistered broker. The suit comes on the heels of a similar SEC action against Coinbase competitor Binance. U.S.-based stablecoin platform Circle Internet Financial LLC said its Circle Singapore affiliate obtained a Major Payment Institution license from the Monetary …

Finding and paying for parking can be a hassle, but Mercedes-Benz, the German automaker, is hoping its new in-car parking payment service can help with that. Newly released as part of the MBUX infotainment system in eligible U.S. Mercedes-Benz vehicles, the parking service enables motorists to find off-street parking and …

Google Wallet is adding the ability to store a digital image of a state-issued ID card along with several other features announced Thursday. In related news, Alipay, a China-based digital wallet with an estimated 1.3 billion users, is enabling users to add Alipay to their Apple IDs for use with …

ACI Worldwide Inc. named Thomas Warsop its president and chief executive effective June 1. Warsop continues to be a member of ACI’s board of directors, which he joined eight years ago. He had served as interim president and CEO since November following the departure of Odilon Almeida, who held that role since …

Citizens Bank has launched the Private Client World Elite Mastercard, which uses tactile notches on the side of the card to help visually impaired consumers determine the type of card they are using—credit, debit or prepaid—by touch alone. The card features different types of notches to distinguish the card type …

Four-year-old payments provider Green Payments said it has expanded into a new office after what it says was a “record year of portfolio and employee growth.” The company, which focuses on health care, hospitality, and automotive sales, says its portfolio grew 134% last year to a total of $1.2 billon in volume. …

Amazon.com Inc. is adding another feature to its Amazon One palm-based identity service, and Chinese site WeChat has brought palm recognition to cameras used for facial recognition. Amazon One has added an age-verification component, Amazon said in a blog post. Launched in 2020, the technology recently expanded beyond Amazon properties …

In the hotly competitive restaurant point-of-sale market, acquirers are constantly devising new products and enticements to attract these merchants. To that end, SpotOn Transact LLC said Monday it has released three new point-of-sale devices for restaurants, and Shift4 Payments Inc. has enlisted hospitality expert Jon Taffer in a contest. Announced …

Presto Automation Inc., a provider of voice ordering and other payments technology for drive-through restaurants, reported March-quarter revenue of $6.6 million, down 12% year-over-year. The company says it swung to a net loss of $15.7 million, compared to a gain last year of $9 million, owing to a change in the fair …

Blockchain company Ripple unveiled its Ripple CBDC Platform, technology supporting central banks, governments, and financial institutions in issuing central bank digital currencies. More than 90% of the world’s countries are at some stage of development toward a CBDC, according to the Atlantic Council. Matera, a U.S.-based instant payment and QR code technology …