Fintech

Payment-processing platform provider Aptys Solutions had added automated clearinghouse functionality to its PayLogics processing platform, the Rockwell, Texas-based company announced Feb. 9.

Visa Inc. is paying $190 million in cash to buy PlaySpan Inc., a private company that provides e-commerce services to developers of online games and smartphone applications, the card brand and network announced Feb. 9.

Lakshmi Vilas Bank Pvt. bank has become the 10th bank in India to launch the Internet Mobile Payment Service in India, a spokesperson for the Karur-based bank tells PaymentsSource.

Discover Financial Services is buying about $1.1 billion in deposits from the retail banking arm of insurer Allstate Corp., the Riverwoods, Ill., company said Tuesday.

CHARLOTTE, N.C. – Charlotte Metro CU, which built on its local image with a 2009 Super Bowl commercial touting banks’ “Fee Pigs,” scored again with a 30-second spot on Sunday’s local broadcast of the big game.

Merchants using direct marketing services from Marketing Architects Inc. will be able to determine faster whether a consumer’s payment card is valid through a new authorization service the company is using from VeriFi Inc.

As the mobile-payments ecosystem continues to take shape, Total System Services Inc., or TSYS, is dipping its toe into the pool for the first time through a partnership with a Singapore-based trusted service manager for financial institutions, retailers, transit operators and mobile-service providers.

Telefónica O2 UK Ltd. is adding its name to a growing list of wireless carriers planning to launch Near Field Communication initiatives to enable consumers to use their smartphones to initiate payment at the point of sale.

Fidelity National Information Services Inc., or FIS, says demand is picking up for core processing upgrades, contradicting a report last week from rival Fiserv Inc., company executives said during a Feb. 8 conference call to discuss earnings.

French bank Crédit Agricole SA has selected Gemalto NV to support its deployment of Near Field Communication mobile-payment services in Nice, the France-based technology provider announced Feb. 8.