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- The Federal Trade Commission said its Negative Option rule, also known as click to cancel, goes into effect Jan. 14, and regulated entities must be compliant by May 14. The measure obliges entities that offer subscription services to make unenrollment as easy as the enrollment process.
- Airline and travel payments specialist CellPoint Digital raised $30 million from investors Toscafund and Penta Capital, which will help with the launch of its Offer Order Service Delivery payment orchestration platform.
- Credit union service organization Velera said Keesler Federal Credit Union will use its debit card processing and support services.
- One Inc, a specialist in insurance payments, is working to integrate its claims- and premium-payment capabilities with U.S. Bank’s money-transfer technology in an effort to ease payments for insurance carriers.
- Factor4 LLC, a technology platform for gift and loyalty cards, said it has fully integrated with the processor InComm, widening the retail availability of Factor4’s physical and digital cards.
- Finix Payments Inc. debuted its Advanced Fraud Monitoring service that uses technology from Sift Science Inc. to help clients better detect, monitor for, and prevent fraudulent transactions.
- Nacha recognized Stripe Inc. as its latest Preferred Partner for ACH Experience. Nacha is the regulatory body for the automated clearing house network.
- Online delivery provider Instacart launched an online screening tool for consumers to determine if they might be eligible for Supplemental Nutrition Access Program participation. The tool, based on technology from Advocatia Solutions Inc., can provide a response in less than 60 seconds and direct individuals to resources. Instacart has several grocers enrolled in its online SNAP payments program.
- Bitly Inc., a messaging app, has expanded its app market to include text-to-pay links with conversational platforms Authvia, AudienceTap, and OneText.
- The processor Nayax Ltd. said it will launch a service in El Salvador to support payments at automated machines. The move represents an expansion in the Latin American market for Israel-based Nayax.
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