J.P. Morgan Debuts Pay-by-Bank And Other Digital Transactions News briefs from 10/20/23

J.P. Morgan Payments launched its pay-by-bank service, relying on open-banking technology from Mastercard Inc. The service lets customers pay bills directly from their bank accounts.
Block Inc.’s Afterpay buy now, pay later platform announced a partnership with Nift Networks to offer users access to products and services offered by Nift.
Point-of-sale system maker Revel Systems said HTeaO, an iced-tea franchise, will use Revel’s POS technology at 270 new locations, in addition to the existing 80 locations already live on Revel’s platform.
TZP Growth Equity has invested in Finzly Inc., a banking and payments provider. Finzly said the investment closed a $10 million funding round.
American Express Co. announced additional benefits for its Surpass cards cobranded with Hilton, including quadruple Hilton honors bonus points for online retail purchases in the U.S. market.
The Fido Alliance released its 2023 Online Authentication Barometer report that found consumers continue to enter a password manually nearly four times a day, or 1,280 times a year.
Surfshark, a virtual private network provider, said in a new report that U.S. consumers lost more than $8 billion in social engineering scams in 2022, with an average loss of $35,000.
Citcon USA LLC, a digital payments provider, named Casey Bullock its chief executive. Bullock previously was an executive at Rapyd Inc. and Worldpay/FIS Inc.

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