Wednesday , January 8, 2025

Mobile Commerce

Galileo Teams With DataVisor to Launch All-in-One Fraud Detection Beyond Credit Cards

Galileo Financial Technologies LLC said late Tuesday it is partnering with DataVisor Inc. to enhance its fraud-detection technology beyond credit cards to include such payments options as debit cards and the automated clearing house. The new technology will also include provisioning and onboarding of new accounts. The partnership comes as …

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Looking to Upgrade Their Skills, Consumers Take BNPL to School

As consumers look to improve their education and gain new skills, many are turning to buy now, pay later services to finance these efforts. On Wednesday, the Atlanta-based BNPL provider Splitit USA Inc. said its merchant sales volume in digital education and professional development ballooned 350% from 2019 to 2022. …

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Paysafe Makes a Spreedly Connection And Other Digital Transactions News briefs from 9/21/22

Paysafe Ltd. said it will offer its payment gateway to international merchants using a payments orchestration platform from Spreedly.Payments provider Fortis said its services will be integrated with hotel property-management systems from Visual Matrix under a new agreement. Visual Matrix says more than 3,000 properties use its technology.Visa Inc. said it has processed more …

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Flexbase Technologies Brings Buy Now, Pay Later To B2B Transactions

Seeking to carve out a slice of business-to-business sales, Flexbase Technologies Inc., a San Francisco-based fintech that provides financing technology to businesses, has launched a buy now pay later app for the B2B market. The app, called Flexbase Pay, provides a fresh twist on the traditional net-60 credit terms in …

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Netcetera and Mastercard And Other Digital Transactions News briefs from 9/19/22

Netcetera, a provider of digital-payments software, has joined Mastercard Engage, the card company’s global partner network.Canada-based payments provider OTT Pay Inc. has expanded to the U.S. market to offer a cross-border payments platform for global e-commerce merchants.Technologies such as smart phones and the Internet will drive digital payments volume to $19.89 trillion …

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Block’s Cash App Expands Its Merchant Reach in a Deal With Adyen

Adyen Inc. has become the first third-party processor to offer Block Inc.’s Cash App mobile wallet to merchants. The news comes hard on the heels of reports earlier this month that Block had opened its Cash App wallet for payments to e-commerce merchants outside the Square seller network. Square is …

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NCR To Split into Two Companies And Other Digital Transactions News briefs from 9/16/22

NCR Corp.’s board approved a plan to split the company into two publicly traded entities, one concentrating on digital commerce and the other on ATMs. The move is expected to take place at the end of next year.Warehouse-store chain BJ’s Wholesale Club said it will accept SNAP EBT payments across all of its …

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The CFPB’s Buy Now, Pay Later Report Offers a Regulatory Outline, But No Sweeping Overhaul

Long anticipated, a report from the Consumer Financial Protection Bureau offers suggestions on how regulation might aid the buy now, pay later industry, but doesn’t recommend a wholesale review of its practices. Among the risks outlined in the “Buy Now, Pay Later: Market trends and consumer impacts” report, released Thursday, are …

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Dwolla And MX Aim at a Broader Approach to Open Banking

The open-banking platform MX Technologies Inc. has become the latest partner in Dwolla Inc.’s Secure Exchange solution. Through the partnership, which builds on the two companies’ existing relationship, digital-payments fintech Dwolla will be able to offer clients and reseller partners it has in common with MX access to account-verification services …

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POPcodes And Arcum Take on ISO Attrition Rates with Targeted Messaging

Having made a sale, independent sales organizations and merchant acquirers are loath to lose merchants to a competitor but they must contend with this turnover, called attrition, every day. POPcodes Inc., a smart point-of-sale terminal service provider, and Arcum Partners, an artificial intelligence firm, say they are working on reducing …

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Digital Transactions