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- The First National Bank of Omaha launched a buy now, pay later service that enables merchants to offer installment payments to consumers. FNBO tapped EXL, an operations management and analytics company, and Skeps, a point-of-sale loan originations platform, to help develop the service. The BNPL service can be integrated into e-commerce Web sites and into the point of sale with QR codes and text.
- Apple Inc. said the Apple Card now supports rotating security codes, a feature that can be activated in the Wallet app.
- PayNearMe, which enables consumers without access to payment cards to make cash payments for online goods, said the Arizona Department of Gaming approved it to process online sports betting and gaming payments in the 48th state. PayNearMe said it has four clients in Arizona.
- Payments-processing technology provider GK Software said it will enable merchants using its TransAction+ application to accept digital currencies and receive settlement in dollars via an agreement with Flexa.
- Card-issuing platform Marqeta Inc. said it will enable the nationwide launch of Figure Pay, a digital-money app from blockchain-technology provider Figure Inc. The app is now available in 26 states.
- Payments platform dLocal Ltd. launched Direct Issuing, which allows merchants to issue prepaid cards for shopping online and in-store in local currencies.
- Woodforest National Bank has selected payments provider Repay Holdings Corp. as a clearing and settlement processor.
- Square Inc. announced it has launched its services and products for merchants in France.
- Payments provider iStream Financial Services said Shawn Griffin will replace Kris Axberg as chief executive effective Oct. 1. Axberg, a 17-year veteran of the company, will continue in his role as executive chairman of the board. Griffin is a veteran of MB Financial and Fifth Third Bank.
- Former Fiserv Inc. chief executive Jeff Yabuki has been appointed chairman and founding partner of private-equity firm Motive Partners. Yabuki stepped down as Fiserv CEO in July 2020 after serving in that role for nearly 15 years.
- Jack Lord has joined SKUx, a provider of technology for digital offers, as senior vice president of sales. Lord previously was with payments provider Blackhawk Network.
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