Digital Transactions Authoritative, insightful and timely information for payments professionals
- Payments platform Checkbook has acquired sureti, a provider of technology for the distribution of insurance payouts. Terms were not announced.
- The Consumer Financial Protection Bureau said it is asking for comment on implementing existing financial privacy law and how to address what it labeled intrusive data collection and personalized pricing. It also wants comment on a proposed interpretive rule outlining how the Electronic Funds Transfer Act could apply to new digital payment mechanisms, such as those from large tech companies and video gaming platforms, and stablecoins and other digital currencies that are not widely used today in consumer transactions, the CFPB said.
- Identity specialist Entrust released its Artista RS4 Instant Issuance System that replaces the Artista CR285 system.
- PrettyDamnQuick, a checkout, fulfillment, and shipping startup, has closed on a $25-million funding round led by Peakspan Capital.
- Nevermined, a startup developer of payment technology based on artificial intelligence, announced it raised $4 million in a funding round led by Generative Ventures.
- Ramp, a payments and card-issuing platform, said it has integrated with Workday Financial Management to automate manual data entry for corporate card data.
- Heritage Distilling Holding Co., a craft distiller, said its board approved a Bitcoin Treasury Policy statement that supports acceptance of the digital currency in payment for its products via its e-commerce site.
- Block Inc., parent of Square, CashApp, Afterpay, and Tidal, said it will change its stock symbol from SQ and SQ 2 to XYZ effective Jan. 22.
- Former Applied Systems executive Nathan Waite has been appointed chief revenue officer at AffiniPay, a payments-technology provider to the legal profession.
Related Articles
Check Also
Crypto Payroll Payments? and other Digital Transactions News briefs from 1/9/25
A state senator in Oklahoma has introduced the Bitcoin Freedom Act, a bill that would legalize payroll …