Wednesday , August 10, 2022

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Dueling Trade Groups Seek to Sway the Payments Industry Over Durbin’s Credit Card Bill
It’s Too Soon To Know Impact of New Routing Proposal, Mastercard Says
Adyen Brings Tap-to-Pay on iPhone to U.S. Merchants
How the Chip Shortage Is Prompting Payments Players to Adopt a Variety of Workarounds
Visa Adjusts Its Chargeback Rules to Help Stem a Rising Tide of Friendly Fraud

Cashless And Contactless Sales in Unattended Retail Post Robust Gains

Cashless sales in unattended retail locations, such as vending machine and kiosks, jumped significantly in 2021, totaling 62% of sales ...
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Eye on Acquiring: Nuvei and Priority Post Revenue Bumps

Merchant acquirers continue to reap the benefits of a bustling economy. Nuvei Corp., a Montreal-based acquirer, said its payments volume ...
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ParTech Acquires Menu Technologies And Other Digital Transactions News briefs from 8/9/22

Restaurant-technology provider ParTech Inc. announced it has acquired Menu Technologies AG, an omnichannel ordering platform serving international restaurant brands. Terms were not ...
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BNPL User Counts Are Poised To Explode, So Lenders Must Differentiate Their Offerings

The upward trajectory of buy now, pay later loans shows no signs of leveling off. By 2027, the number of ...
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A Boom in Contactless Cards Helps Drive a Record Quarter for CPI Card Group

Increasing issuance of contactless cards, along with stronger demand from instant-issuance platforms, are generating tailwinds for at least one of ...
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Forage Raises $22 Million And Other Digital Transactions News briefs from 8/8/22

Forage Technology Corp., a payment processor specializing in SNAP EBT acceptance for grocers, said it raised $22 million in Series ...
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MoneyGram Online Revenue Increased 13% and other Digital Transactions News briefs from 8/5/22

MoneyGram International Inc. said its MoneyGram Online digital service had second quarter revenue of $53.3 million, up 13% from $47 million ...
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Insurer State Farm Adds PayPal as an Option for Digitally Receiving Claims Payouts

State Farm Insurance has expanded its relationship with Fiserv Inc. to enable claims payouts into customers’ PayPal accounts. The agreement ...
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Digital Transactions