Wednesday , October 2, 2024

Moving Cards from Plastic to Paper And Other Digital Transactions News briefs from 9/6/23

  • Prepaid card platform Blackhawk Network said it is working with Visa Inc. to convert its Visa-branded cards from plastic to paper-based materials.
  • Payments provider Central Payments released PayCP, its payout platform that initially includes a virtual Discover prepaid card, a physical Discover prepaid card, push to debit cards via Mastercard Send, and ACH bank transfers as options.
  • The latest ACI Speedpay Pulse report from ACI Worldwide Inc. found that nearly 20% of Baby Boomers—those born between 1946 and 1964—continue to write checks.
  • Crunchfish, developer of a digital cash platform, and LISNR, which offers technology that enables mobile payments over sound waves, have created a turnkey proximity-based payment service.
  • Esker, a specialist in artificial intelligence technology for procurement and customer service, said it will work with commercial card provider Boost Payment Solutions to support virtual card processing for accounts-receivable departments.
  • Payments provider Paysafe Ltd. said it has agreed to develop a digital wallet for traders using Eightcap, a platform for global derivatives trading.
  • Payments provider Corpay said its cross-border payments service has agreed to be the official commercial foreign-exchange partner for the United Kingdom-based Aston Villa Football Club.
  • Discover Financial Services appointed former bank regulator Kathy Lonowski to the boards of Discover Financial Services and Discover Bank. The move follows the departure last month of long-time Discover CEO Roger Hochschild in the wake of merchant-overcharge and banking compliance issues.
  • Payments-technology provider Opus Consulting Solutions announced it is changing its name to Opus Technologies.

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