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Mastercard Makes a Quantum Leap And Other Digital Transactions News briefs from 7/18/22

  • Mastercard Inc. and D-Wave Systems Inc., a quantum computing systems firm, announced a multiyear alliance to advance the adoption of quantum computing technology in areas such as consumer loyalty and rewards, cross-border settlement, and fraud management applications.
  • Payments provider Adyen NV said it has processed 10 million donations by buyers on the commerce platform Etsy to the Uplift Fund, established to help sellers on the platform form businesses.
  • NextGen Healthcare Inc., a provider of health-care technology, said it has expanded a relationship with payments provider InstaMed, a unit of JPMorgan Chase & Co., to widen payment options for patients, including online options when visiting doctors.
  • Recent Covid-related lockdowns in China severely impacted sales for biometric-technology provider Fingerprint Cards AB, which reported sales fell 21% year-over-year in the second quarter. In December, Fingerprint Cards said it would provide iris-recognition technology to Mantra Softech India.
  • Blockchain-payments provider Paystand introduced a capability for sellers to offer discounts to buyers for early business-to-business payments through Ethereum.
  • Buy now, pay later specialist Splitit USA Inc. appointed payments-industry veteran Dan Charron and chief executive Nandan Sheth to its board. Charron, appointed non-executive director, is a veteran of First Data Corp. and Fiserv Inc.

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