Digital Transactions Authoritative, insightful and timely information for payments professionals
- Some 90% of businesses are “concerned” about whether they will be able to meet a March 2025 deadline for compliance with PCI DSS 4.0, a newly updated payments-security standard, according to a survey from payments-security firm Bluefin and S&P Global Market Intelligence. The survey was conducted during the second quarter and included 250 North American executives across multiple business verticals.
- Hospitality-payments provider Toast Inc. launched its Toast for Cafes and Bakeries platform, which the company says builds on recent launches from Toast that introduce functionality tailored for specific restaurant categories.
- Visa Inc. has invested in Form3, a London-based account-to-account payment platform. Terms were not announced.
- TurboTenant announced a mobile-app version of its rental-property management software, which includes collection of rent payments.
- Mastercard Inc. said it is working with U.K.-based payments fintech Paysend to add enhancements such as real-time transfers via links to instant-payment networks.
- Microsoft Corp.’s video game-console maker Xbox on Sept. 21 will issue its first U.S. cobranded credit card through an arrangement with Barclays’ U.S. Consumer Bank and Mastercard. The no-annual-fee card will first be available to “Xbox Insiders,” with general availability following next year.
- Business-payments provider Corpay launched Payments GPS, a utility allowing clients to track cross-border payments in real time. Corpay is a unit of FleetCor.
- Blockchain platform Ripple announced it has agreed to acquire Fortress Trust, a unit of Fortress Blockchain Technologies. Terms were not announced. With the deal, Ripple will add to its roster of regulatory licenses with Fortress Trust’s Nevada Trust license.
- Point-of-sale technology provider MagTek Inc. announced its DynaFlex II PED device has earned PCI PTS PED certification as a PIN-entry device. PCI certification refers to security standards applicable to payments-acceptance hardware and software.
- Digital-payments platform CSG Forte announced CSG Forte Engage, a service allowing businesses to create statements and send them to customers for payment through SMS, email, voice response, or contact center.
Related Articles
Check Also
Small Businesses Have Work to Do to Attract Shoppers, NMI Finds
While 78% of consumers say they are willing to pay more to shop at small …