Friday , November 22, 2024

Search Results for: bill payment

Chase’s JPM Coin: With $1 Billion in Daily Volume, It May Come to Retail Payments

More than four years after it began testing its own blockchain-based stablecoin, JPMorgan Chase & Co. is processing $1 billion in transaction volume per day for JPM Coin, Takis Georgakopoulos, JPMorgan’s global head of payments, told Bloomberg News during an interview. Created in 2019 and launched in 2020, JPM Coin …

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Slake’s Delivery App Supports Crypto Payments; Visa’s Billions in Crypto Volume Since 2021

Slake IT LLC on Monday launched a food-delivery app that enables consumers to pay for orders using cryptocurrency in addition to credit cards. The company, which is supporting the Ethereum platform to enable crypto payments, has partnered with drivers of multiple food-delivery companies, including DoorDash, Uber Eats, and Grubhub, to …

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The CFPB Fines ACI Worldwide $25 Million for Its $2.3 Billion Mortgage-Payments Flub

The Consumer Financial Protection Bureau said Tuesday it has fined payments provider ACI Worldwide Inc. $25 million for erroneously debiting from nearly 500,000 homeowners a total of $2.3 billion in mortgage payments through the automated clearing house network in 2021. The agency’s order also said ACI must “stop its unlawful …

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GoDaddy Payment Volume Tops $1 Billion and other Digital Transactions News briefs from 5/5/23

GoDaddy Inc. reported payments volume from its various commerce services surpassed $1 billion annualized in the first quarter. The Web registrar has launched a number of payments initiatives in the past year, most recently a service that supports transactions through Microsoft Teams. Thinkific Labs Inc., a platform that supports creating, marketing, and …

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Digital Transactions