GOL Linhas Aereas Inteligentes S.A., said to be Brazil’s largest domestic airline, has chosen FIS Inc.’s Worldpay unit for payments processing in the 38 global market where the airline operates.Zum Rails, a provider of payments and open-banking software, launched anti-fraud technology for its Instant Deposit feature, which is enabled by Visa Direct.Humbl …
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Square Enters Spain and other Digital Transactions News briefs form 9/16/21
Square Inc. launched its Early Access Program for beta testing in Spain. The program allows select businesses and freelancers to access Square technology. The move marks Square’s entry in the Spanish market.Sky Systemz, a business-to-business software company, launched Sky Paymentz, a service to enable businesses to accept payments in person, online, …
Read More »Visa’s 16 Million SMB Tally and other Digital Transactions News briefs from 9/15/21
Visa Inc. announced it has helped enable an estimated 16 million small businesses globally for digital payments, reaching 30% of its goal to so enable some 50 million small concerns.The Goldman Sachs Group Inc. said it will acquire GreenSky Inc., a provider of payments and loans at the point of sale for more …
Read More »Behind SKUx’s Bid To Turn Coupons Into Digital Currency
In a bid to help brands and retailers counter fraud, counterfeiting, and misredemption losses from coupons, all of which can total more than $100 million annually, fintech SKUx early Tuesday introduced SKUPay. The application allows brands to replace paper and digital coupons with serialized digital offers that have individualized tracking …
Read More »Bot Attacks up 41% and other Digital Transactions News briefs from 9/14/21
Bot attack volumes increased 41% year-over-year in the first half of 2021, according to the latest Cybercrime Report from LexisNexis Risk Solutions.Outseer, an RSA Security LLC company, said its 3-D Secure technology has processed $100 billion in transactions to date in 2021. It also released its third quarter “Fraud & Payments …
Read More »SpotOn To Acquire Appetize and other Digital Transactions News briefs from 9/13/21
Commerce specialists SpotOn Transact LLC said it will acquire Appetize Technologies Inc., a point-of-sale technology provider for the hospitality and entertainment industries. Terms were not disclosed. SpotOn also said it raised $300 million in Series E funding, which it will use to help pay for the Appetize acquisition.Integrated-payments provider EngageSmart LLC announced an initial public …
Read More »Kayak Adds More Uplift BNPL Options and other Digital Transactions News briefs from 9/10/21
Travel search engine Kayak Corp. said it will expand its offering of buy now, pay later capability through provider Uplift Inc. to include bookings on the mobile Web and through the Kayak app.In related news, Wisetack, which specializes in buy now, pay later services for home and auto repair, said it raised $45 …
Read More »Eye On Faster Payments: Data Center Links Small Banks to RTP; One Inc. Recruits Mastercard
The momentum behind real-time payments continues to build with announcements Thursday from Data Center Inc. (DCI), a software provider to community banks, and One Inc., a digital-payments processor for the insurance industry. Community banks using DCI’s banking software can now receive real-time payments through the RTP network, the faster-payments system from …
Read More »As It Moves Into Crypto, Mastercard Agrees to Buy Digital-Currency Security Firm CipherTrace
The two big card networks are making preparations for big moves into cryptocurrency payments. But crypto is no stranger to fraud, so Mastercard Inc. on Thursday announced it is acquiring CipherTrace Inc., a 6-year-old company specializing in technology to combat money laundering and other crimes involving digital-currency transactions. The deal, …
Read More »Marqeta’s 350% BNPL Revenue Bump and other Digital Transactions News briefs from 9/9/21
Card-issuing platform Marqeta Inc. said in the first year of a partnership with Zip Co., an Australia-based buy now, pay later provider that recently changed its U.S. branding to Zip from Quadpay, it experienced a 350% year-over-year increase in BNPL net revenue in the 2021 second quarter.Payments and buy now, pay later …
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