Monday , November 11, 2024

EDGE, a Universal Card Service, Eyes Coin Users and other Digital Transactions News briefs

• EDGE Mobile Payments LLC, which offers a card-consolidation device, said it is offering users of the former Coin card a discount on the purchase of its EDGE Card. Fitbit Inc. purchased Coin in 2016, and the service was shuttered earlier this year.

PayPal Holdings Inc.’s dominance in e-commerce payments is driving a surge in its valuation, according to investment firm Robert W. Baird. PayPal shares are up 35% so far this year, compared to 9% for the market, Bloomberg reports, adding Baird’s price target for the company is now $59, up from $54.

Quisk Inc., a digital cash-payment network for financial institutions, said it will incorporate blockchain technology on its platform, allowing it to store all transaction ledgers on a blockchain accessible by its clients.

Mobile-ticketing platform Atom Tickets kicked off a promotion with mobile network operator T-Mobile involving offers related to summer movie releases, beginning this week with the release of “Wonder Woman.”

Payments encryption specialist Bluefin Payment Systems said its service will be available to customers of Nodus Technologies, which provides business process automation software.

MonkeyMedia Software, a cloud-based software platform, announced it and LevelUp, a mobile loyalty and payments provider, are developing an electronic interface that would connect a merchant’s accounts with each company. It enables the merchant to have a single account for mobile loyalty and payments, and off-premises ordering.

Online-payments provider Stripe introduced a service called Sigma to allow businesses to run data analytics on the Stripe dashboard, using real-time data and with no setup or ongoing maintenance work, according to TechCrunch.com.

Discover Financial Services announced it has launched a messaging capability for its mobile app that lets users communicate with Discover customer-service agents within the app and without interrupting other interactions.

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Digital Transactions