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- Nayax Ltd., a payments processor for vending machines, announced it has launched an EMV-compliant platform allowing multiple choices with a single transaction authorization.
- Hospitality-technology provider Bite Ninja said it has acquired Zenu, a provider of ordering and payment technology for restaurants. Terms were not announced.
- BlueOne Card Inc. said it is launching its BlueOne Card, a prepaid Mastercard issued by Axiom Bank N.A. The card offers a virtual checking account with an account and routing number without the requirement of a Social Security Number. Previously, the product had been available only online or through the BlueOne Card app.
- A startup called Launch Cart has emerged to provide an on-demand, software-as-a-service e-commerce platform for small businesses.
- A study from payments-technology provider i2c Inc. indicates cards backed by cryptocurrency show 7% higher dollar volumes for cross-border transactions than do traditional cards, with cross-border transaction rates double those of traditional cards. The company processes for more than 5 million crypto-backed cards.
- Buy now, pay later provider Splitit said a survey of 2,482 U.S. consumers found that 60% would prefer to use a BNPL option with an existing credit card rather than open a new line of credit.
- Co-Op Financial Services, a credit union service organization, promoted Kelly Mendenhall and Joy Porter to senior vice president positions. Mendenhall is now SVP of Innovation, Product Office, and Porter is SVP, Total Rewards and People Operations.
- Automated clearing house governing body Nacha announced five senior financial services executive joined its board of directors on Jan. 1. Seventeen individuals comprise the board.
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