Saturday , December 28, 2024

27% of Tickets Made with Mobile Devices and other Digital Transactions News briefs

Payment security technology provider MagTek Inc. and Payment Alliance International (PAI), an ATM independent sales organization and processor, said PAI now supports MagTek’s QwickCodes system for cardless transactions and will deploy it across its nationwide network of more than 74,000 ATMs.

Entertainment operator Live Nation Entertainment Inc. said mobile-ticket purchases accounted for 27% of all ticket purchases made with the company through the first nine months of 2016.

Processor Jack Henry & Associates Inc. reported net income of $62.2 million in its first quarter of fiscal 2017 ended Sept. 30, up 21% from $51.4 million a year earlier, on a 7% increase in revenues to $345 million.

Payment technology provider VeriFone Systems Inc. said it is working with ATIO Group, a consortium supplying 3,300 gas stations in Mexico with technology and fuel-management systems, to provide payment acceptance systems at fuel pumps, in stores, and in back offices.

Gateway provider Shift4 Corp. and Total e Integrated, a club-management software provider, unveiled their joint EMV-certified payment card acceptance service for golf courses and resorts, retailers, private clubs, homeowners and property owners’ associations, and the food and beverage industry.

ACH Alert reported that Hometown Bank in Fond du Lac, Wis., is using its Pro-Tech real-time debit-transaction approval service that enables an account holder to stop an unauthorized entry in a demand-deposit account.

Puerto Rico-based cyber-security technology developer Qondado LLC said it was granted a U.S. patent covering the graphical user interface for its Digital Debit product for iOS and Android mobile apps.

Payments consultancy WesPay Advisors, a unit of the Western Payments Alliance (WesPay) regional automated clearing house association, named Chris Selmi president. A former executive at Bank of America Corp., Selmi has been with WesPay since 2012.

E-commerce platform provider Digital River Inc. said its chief information and risk officer Christopher Rence was appointed to the Minnesota High Tech Association’s board of directors.

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