Thursday , September 19, 2024

Search Results for: digital identity

Uniqlo Picks Adyen And Other Digital Transactions News briefs from 7/6/22

Adyen NV has been selected to process payments for Fast Retailing, operator of the Uniqlo platform of clothing stores and sites.Authentic Brands Group, which includes Eddie Bauer and Forever 21, settled a lawsuit against commerce platform Bolt. The two companies will continue to work together.The peer-to-peer payments platform Paxful Inc. has selected iProov, a provider …

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Contactless Booms On Campuses And Other Digital Transactions News briefs from 6/29/22

Transact Campus Inc., a specialist in mobile identity and payments for colleges, announced students have conducted more than 100 million contactless mobile-wallet transactions since the company’s start less than three years ago.TenureX, a platform founded in 2020 to enable correspondent-banking relationships, has added an extension to its Digital Transaction Certificate …

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BofA Card Volume up and other Digital Transactions News briefs from 6/7/22

Total credit and debit card dollar volume for Bank of America Corp. increased 9% in May year-over-year, with credit card volume up 16% and debit volume up 9%, the Bank of America Institute reported.A research report from Aite-Novarica finds what the report calls “excessively high rates” of identity theft, which the report says …

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Checkout.com To Acquire ID Firm ubble and other Digital Transactions News briefs from 5/12/22

Payments provider Checkout.com has agreed to acquire ubble, a provider of identity-verification technology, in a transaction set to close later this year. Terms were not disclosed.The March 18 increase in the same-day limit to $1 million helped lift same-day ACH volume in the first quarter to $290.3 billion, up 53.3% year-over-year, Nacha said. Transactions …

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Paying Rent with Crypto and other Digital Transactions News briefs from 5/10/22

Apartment-rental platform Livly said tenants can make rent payments in cryptocurrency through the Livly Resident Mobile App. Landlords will be paid in U.S. dollars.Banking-technology provider Jack Henry & Associates said consumers and businesses will be able to access cryptocurrency trading through the company’s Banno Digital Platform. Jack Henry is partnering with NYDIG, a crypto …

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Fiserv Adds Loyalty Option and other Digital Transactions News briefs from 5/9/22

Large retailers that use Fiserv Inc. payments-acceptance technology can add loyalty functions via a new agreement between Fiserv and loyalty-technology provider Exchange Solutions.The global standards body EMVCo said it is developing an EMV Contactless Kernel Specification for contactless payment acceptance around the world. The new specification will take the place of the more than …

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Rite Aid Adds Afterpay BNPL and other Digital Transactions News briefs from 5/3/22

Buy now, pay later provider Afterpay said retailer Rite Aid now accepts the installment payment option online and intends to offer it in-store in coming months.MoneyGram International Inc. rebutted claims by the Consumer Financial Protection Bureau that the company is a “repeat offender” with respect to “consumer harm,” citing the fact that the …

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Early Warning Rolls Out an Account-Based Identity Verification Service

In an effort to tackle the growing problem of digital-payment fraud, Early Warning Services LLC on Tuesday introduced Authentify, an account-based identity-verification service for consumers and businesses. When loaded on to a business’s Web site or app, Authentify streamlines the customer identity-verification process by allowing consumers to share their bank-account …

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Trust Payments Launches Stor E-Commerce Platform and other Digital Transactions News briefs from 3/22/22

Payments provider Trust Payments launched Stor, an e-commerce platform for small and medium-size businesses, and is inviting independent sales organizations, banks, and other third-party players to market the service to merchants. The new product is based on technology Trust Payments acquired earlier this year.NoFraud, an online fraud prevention service, released NoFraud Checkout, …

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FreedomPay Adds Sephora USA and other Digital Transactions News briefs from 3/21/22

Mobile point-of-sale provider FreedomPay said it has signed Sephora USA, a retail chain offering beauty products at more than 500 stores.The total value of consumer credit card rewards globally will rise 15% to $108 billion by 2026 from $92 billion this year, fueled by increasing adoption of cobranded cards issued by merchants, according to …

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Digital Transactions