Category: Financial Services

The collaboration is expected to deliver a cost-effective, secure, and mobile-first payment acceptance method, enhancing accessibility for merchants across various industries. SoftPOS, or Software Point of Sale, enables merchants to accept payments directly on smartphones, tablets, or Android mobile devices without requiring additional hardware.  Worldline said in its press release that the solution is particularly…

CME Group revealed it has successfully completed the first phase of integration and testing of Google Cloud Universal Ledger (GCUL), a distributed ledger designed to streamline asset management and financial transactions.  The initiative aims to improve collateral, margin, settlement, and fee payments by introducing more efficient digital value transfers. Terry Duffy, Chairman and CEO of…

The expanded agreement, announced Tuesday, is expected to enable businesses using J.P. Morgan Payments’ network to integrate Affirm’s flexible financing options at checkout.  The company explained that it will allow consumers to select biweekly or monthly payment plans, with no late or hidden fees.  Affirm’s technology supports transactions ranging from $35 to $30,000 with repayment…