Sunday , November 3, 2024

Varo to Anyone P2P Payments Debuts And Other Digital Transactions News briefs from 9/22/23

  • Varo Bank entered the peer-to-peer payments fray with Varo to Anyone, which allows Varo accountholders to send funds to anyone who holds a U.S. debit card. Varo says the service carries no fee.
  • Mitek Systems Inc. announced it has agreed to offer its biometric-based identity verification technology to complement the credit-reporting agency Equifax Inc.’s digital-identity software.
  • Clip Money Inc., operator of the Clip Money multi-bank cash-deposit network using ATMs and so-called ClipDrop boxes, announced a $10-million investment from Cardtronics, an ATM-network operator acquired by NCR Corp. in June 2021.
  • Using Apple Wallet as a mobile access tool to access buildings and doors could cost $1,000 or more per door, suggests a new report from BeXar Technology Partners, a demand creation consulting firm.
  • VendorInfo launched an automated bank account verification service that can instantly verify the ownership and standing of a bank account.
  • The board of directors of Bitcoin Depot, operator of a network of 6,400 kiosks that convert cash into Bitcoin, announced a share-repurchase program in which the company is authorized to buy back up to $10 million in outstanding Class A common-stock shares, starting now and lasting through June 30, 2024.
  • Former Ford and eBay executive Suzy Deering has joined The Western Union Co.’s board of directors.

Check Also

A Court Hears Arguments Over a Possible Injunction Against the Illinois Interchange Law

Arguments over whether the U.S District Court for the Northern District of Illinois should grant …

Digital Transactions