Blockspaces, a company that links businesses to blockchain networks, announced it will work with Cogent Bank to use the bank’s real-time, tokenized payment platform and other services.Digital-giving platform DipJar said it is releasing early access to DipJar Online, an online version of its in-person fundraising app.Digital payments provider One Inc said insurer Union Mutual …

Stripe Inc. has introduced a direct-transfer product that it says allows users to send payments from their bank accounts to businesses without the account-reconciliation headaches that have historically plagued wire transfers. The new service is now available in the United States, Mexico, and the European Union, having been launched in …

Citing a gap in the market for real-time loan repayments to financial institutions, bill-payment provider Payveris has launched Loan Payments, a service that can handle payments on debit cards and via the automated clearing house, as well as in cash. The new service comes in response to what the Cromwell, …

Walmart Inc. has found another electronic outlet for its merchandise. The retailing giant announced late Thursday it will sell so-called featured products on Roku Inc.’s streaming service, with payments handled by Roku Pay. San Jose, Calif.-based Roku claims to be the largest U.S TV streaming service by hours streamed. Well-known …

When it comes to payment card fraud, criminals trying to bilk the system with stolen card credentials is what typically comes to mind. But with e-commerce sales soaring during the pandemic, another form of fraud has been gaining momentum. This is so-called friendly fraud, in which a consumer disputes a …

The buy now, pay later trend is getting hotter with the summer. PayPal Holdings Inc. announced early Wednesday it will offer a plan allowing consumers to split large purchases over a period of six to 24 months. The monthly payments will incur interest and will apply to transactions valued between …

To speed adoption of open banking in Canada at a time when Canadians are craving digital services, RBC (Royal Bank of Canada) late Tuesday announced partnerships with open-banking platform provider Plaid Inc. and data-aggregation and analytics provider Yodlee Inc., a unit of Envestnet Inc. The deals will enable RBC customers …

Data from Signifyd’s Ecommerce Pulse report found that retailers experienced a 142% increase in omnichannel sales in May from May 2021.Grubhub, the food ordering and delivery app, said it has added PayPal Holdings Inc.’s Hyperwallet and Visa Direct, Visa Inc.’s real-time payment service, to allow drivers to receive immediate payouts.Software provider Marketing 360 launched …

The steep drop in the value of Bitcoin made itself felt Tuesday at Coinbase when the crypto exchange’s boss announced an 18% cut in its workforce. The 10-year-old company had more than 4,900 employees, according to its Web site. That’s about 880 employees affected by the layoff, though some reports …

Signs continue to mount that peer-to-peer payments are being adopted by businesses, and in turn could be encroaching on card payments at the point-of-sale.  A recent survey of 530 small businesses conducted by The Strawhecker Group and titled “P2P Payment: A Disruption To Plastic?” reveals that 82% of small businesses …