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Debit Use up 1% in 2022 And Other Digital Transactions News briefs from 8/17/23

    • Pulse, the debit network owned by Discover Financial Services, released its 2023 debit study that found the total number of debit transactions increased 1% in 2022 over 2021, while dollar volume increased 3% for the same period.
    • Fraud and risk platform DataVisor released its Real-Time Payments Fraud Solution to help counter fraud made with real-time payments services. The service includes preconfigured rulesets, machine learning, and real-time alerts.
    • Mastercard Inc. is working with Riskified, a specialist in technology to control e-commerce fraud, to offer businesses around the world services to control fraud and chargebacks.
    • Payments provider Velo Payments Inc. has agreed to acquire YapStone Inc., a payments processor serving the vacation-rental market. Terms were not announced.
    • Thinkific Labs Inc., an online education content platform, released its Sales Tax Solution for Creators, a service designed to streamline the sales tax process for users of Thinkific Payments that uses Stripe Inc. technology.
    • Buy now, pay later provider Splitit Payments Ltd. said it secured up to $50 million in investments in it consisting of two $25 million tranches.
    • Payments provider Celero Commerce said it will be a presenting sponsor of Bluebird on the Mountain, a six-show concert series hosted by the Bluebird Café in Nashville, Tenn.
    • Payments security provider PCI Pal renewed its membership in the PCI Security Standards Council as a Principal Participating Organization.
    • Visa Inc. said tennis player Iga Swiatek has joined its list of Team Visa athletes.
    • Sightline, a specialist in payments processing for the gaming industry, announced several executive moves, including the appointment of co-founder Omer Sattar as chief executive.

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