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- UnionPay, an international payment card network based in China, said it is now accepted in 183 countries and regions, with issuance outside the Chinese mainland exceeding 230 million cards in 81 countries. Issuance outside Mainland China commenced in January 2004.
- Consumer-finance and card issuer Synchrony said it is testing a browser extension that can prompt cardholders during an e-commerce checkout to use a Synchrony credit card. It can also provide a virtual card in case the user doesn’t have a card handy.
- Some 72% of mid-tier financial institutions said real-time payments are now a “must-have,” according to the third annual mid-tier bank payments modernization report from Volante Technologies and Datos Insights. The report surveyed 72 U.S. institutions.
- RealPage, a software provider to the real-estate industry, said it will work with rewards platform Bilt to create tenant-rewards programs for Bilt clients.
- Fingerprint Cards AB introduced FPC Smart ‘Nroll, a device that lets card users register their fingerprints on a payment card for biometric authentication. The process reportedly takes less than a minute.
- Bitcoin Depot Inc. said it has agreed to deploy 940 Bitcoin ATMs at convenience stores in 24 states. The retail partner, said to be a “leading national convenience retailer with an extensive international network of locations,” was not named.
- Discover Financial Services reported fourth-quarter revenue of $4.2 billion, up 13% year-over-year. Discover last month appointed Michael Rhodes chief executive, succeeding interim CEO John Owen. Rhodes will take office on or before March 6.
- Boku Inc., a London-based payments platform with offices in the United States and 12 other countries, appointed Stuart Neal chief executive, succeeding company founder Jon Prideaux. Neal has held several positions at Boku, most recently chief business officer.
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