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- Credit Sesame, which allows consumers to access their credit information, launched a Mastercard debit card called Sesame Credit Builder. The card is aimed at enabling consumers to build a credit history via routine transactions.
- NCR Corp. announced the U.S. Securities and Exchange Commission has declared effective a Form 10 registration statement filed by NCR Atleos, which will run NCR’s ATM business. NCR announced earlier it would split into two companies. The other spin off is NCR Voyix, which comprises NCR’s hospitality, retail, and digital-banking technologies.
- Crypto platform Coinbase is working in Canada with open-banking provider Trustly to enable transfers to and from bank accounts and users’ Coinbase wallets.
- Customers using Alternative Airlines, a flight-booking platform, will be able to pay for flights directly from their bank accounts using open-banking technology from Link Financial Technologies Inc., according to a new agreement.
- U.S.-based payments platform Metera announced it has acquired Cinnecta, a Brazil-based specialist in artificial intelligence for loyalty and digital transactions. Terms were not announced.
- The fraction of U.S. card-present transactions made with EMV chip technology came to 87.19% last year, up from 81.74% in 2021, according to research from EMVCo. That proportion, though, lags behind the global figure, which reached 93.01% in 2022. The data compiles figures from American Express, Discover, JCB, Mastercard, UnionPay, and Visa.
- Payments provider Paysafe Ltd. reported revenue of $402.3 million for the June quarter, up 6% year-over-year, on a 6% rise in total payment volume to $35.5 billion.
- Processor Jack Henry & Associates reported $311.9 million in revenue for its June quarter, up 12% year-over-year, while net income climbed 22% to $97.8 million.
- Merchants that use a point-of-sale financing service from ChargeAfter will be able to offer customers private-label credit programs from Wells Fargo under a new agreement between the companies.
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