Sunday , November 17, 2024

MEA Picks CPI Push Platform And Other Digital Transactions News briefs from 3/13/24

  • Payment card technology provider CPI Card Group Inc. said it will provide its push-provisioning platform to customers of MEA Financial Enterprises LLC, a financial-services software provider. The CPI technology will allow cardholders to “push” their card credentials into digital wallets through a mobile-banking app.
  • Canadian payments-technology provider VoPay International Inc. said it will expand its U.S. market through an alliance with Cross River Bank.
  • Matt Comyn, chief executive of Commonwealth Bank of Australia, decried Apple Inc.’s grip on mobile payments in that country and called for “more scrutiny” of the company’s competitive practices. Comyn’s comments come as Apple faces stricter rules in Europe regarding its app store and payments practices.
  • A payments-technology provider called Bloxcross announced the introduction of application programming interfaces (APIs) that leverage artificial intelligence to increase transaction speed and security.
  • Fiserv Inc. has appointed to its board Ajei Gopal, president and chief executive of Ansys, a developer of engineering-simulation technology.
  • Dash Solutions, a business-payments processor, appointed Tan Truong chief technology officer. Truong comes to the company from Vesta, where he was chief operating officer.
  • MoneyGram International Inc. appointed Cory Feinberg general counsel and corporate secretary and Bahar Dave Sahajwalla chief regulatory and public affairs officer. The former has been with the company since 2015, the latter since 2017.

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