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MoneyGram Quantity Up and different Digital Transactions Information briefs from 2/25/20 – Digital Transactions

  • Wire-transfer supplier MoneyGram Worldwide Inc. mentioned transaction quantity from its MoneyGram On-line service grew 39% year-over-year within the fourth quarter; the corporate reported a web lack of $11.9 million in contrast with a lack of $12.5 million in 2018’s fourth quarter.
  • Former Match Pay Inc. shareholders are suing Garmin Worldwide, alleging the corporate, identified for its GPS-enabled gadgets, unjustly benefited from the acquisition of know-how utilized in its Garmin Pay contactless-payment characteristic.
  • Used-car market Shift mentioned a program it launched in November to permit shoppers to purchase vehicles immediately on-line, with no check drive or in-person go to, now accounts for 15% of total gross sales.
  • Transaction Community Providers Inc. accomplished the certification for the Verifone Managed Community Service Program, enabling the TNSLink service, which is utilized by comfort and petroleum retailers to attach their shops to purposes and safe their cost methods.
  • PayMyTuition mentioned Utilized Efficiency Analytics Corp. will combine PayMyTuition’s cost service into the APA HigherEd Metrics product for higher-education establishments.
  • Monetary-software vendor BHMI and consultancy Mercator Advisory Group have launched a white paper entitled “Chargebacks And Disputes: Strategic Options.”
  • Digital River Inc. mentioned it raised $50 million in a funding spherical led by Siris Capital Group LLC; the e-commerce-services supplier mentioned it is going to use the funds for enterprise improvement and attainable acquisitions.
  • Pay as you go specialist InComm mentioned Roblox, an online-gaming platform, launched a present card program in France and Germany.
  • Cellular-commerce supplier CardFree Inc. introduced Sen Wen, one of many firm’s unique executives, has rejoined the agency as chief know-how officer.
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