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09.22.17

Digiliti Money Plans to Delist from Nasdaq

Digiliti Money (DGLT), which is in merger negotiations with Urban FT, is planning to delist from the Nasdaq, according to its most recent SEC filing.

09.22.17

U.K. Watchdog Approves Cardtronics’ Purchase of ATM Provider DCP

Cardtronics’ $460-million purchase of rival ATM provider DirectCash Payments finally has been approved by the U.K.’s Competition and Markets Authority.

09.21.17

Innovators’ Spotlight: SPENT Money

Rather than being top of wallet, SPENT Money wants to help consumers manage and earn rewards from what’s already there—at least for now.

09.21.17

TerraPay Partners with Bux for Mobile Money Transfers to India

TerraPay, a mobile payments switch, has partnered with bux, a mobile app money transfer service, to enable instant cross-border money transfers from Australia, Hong Kong, the U.K. and Europe to India.

09.21.17

Fifth Third Bets on Gaming with Investment, Partnership

Fifth Third Bancorp is placing its bets on the newly merged gaming payments companies NRT Technology Corp. and Sightline Payments, announcing a strategic relationship and equity investment in NRT Sightline, “one of the largest pure-play casino payment-technology companies in the world.”

09.20.17

Executive Profile, Solana Cozzo, Mastercard

It’s a good thing Solana (“Sol”) Cozzo is high energy. When she’s not literally running or chasing after 3-year-old twins, she’s running Mastercard’s North American prepaid and inclusive growth business. It’s hard work when you consider that “the cardable opportunity is about seven times the current market,” she says.

09.20.17

JPMorgan Chase Goes in for the Bill with Digital Payments Platform

JPMorgan Chase has teamed with Bill.com, the largest digital business-to-business payments network in the U.S., for its new paytech platform.

09.19.17

UnionPay Taps Allied Wallet for Prepaid Launch in Europe

Allied Wallet, a Los Angeles-based provider of online payment processing, is partnering with UnionPay International to issue a UnionPay-branded prepaid card, the “first ever’ partnership of its kind in Europe.

09.19.17

Raise Pulls in $60 Million in Funding, PayPal Joins Party

Raise, which bills itself as the world’s largest gift card marketplace, has raised $60 million in a Series C funding round led by Accel, with participation from PayPal and existing investors New Enterprise Associates and Bessemer Venture Partners.

09.19.17

Juniper: Apple Users Likely to Reject Facial Recognition

A new survey conducted by Juniper Research has found that more than 40 percent of iOS users in the U.S. consider themselves unlikely to use facial recognition as a payment security technology. This suggests that a core use case for the iPhone X’s main security feature may struggle to gain traction among consumers, the consultancy says.