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- NCR Corp. is the top provider of multivendor software for ATMs globally, according to U.K.-based research firm RBR. The company controls 32% of the installed base of 1.3 million machines running the software, 12 points higher than the second-place vendor.
- EMVCo, the chip card standards organization owned by the major card networks, reported that the number of EMV payment cards in circulation worldwide grew by 1 billion in 2017 to 7.1 billion, and that 63.7% of all card-present transactions used EMV chip technology, up from 52.4% in 2016. In the U.S., EMV accounted for 41.2% of card-present credit and debit card transactions.
- The usually secretive Amazon.com Inc. disclosed it has more than 100 million Prime members, and said it added more members in 2017 than in any previous year.
- Online lender Affirm Inc. announced it will finance retail purchases of any size over a three-month period.
- Sweden-based iZettle, which markets mobile card readers and card processing to merchants chiefly in Europe, launched a platform that enables merchants to create online stores. The company faces increasing competition in Europe from Square Inc., which launched in the United Kingdom last year.
- An app called CryptoMaps has launched on the Apple App Store that allows users to find merchants in their area that accept digital currencies.
- Cloud-based mobile-pharmacy platform mscripts launched a mobile app to let patients pay for their prescriptions through their phones.
- ReviMedia, an online media company, said it selected Payoneer for its cross-border payments needs.
- StayNTouch Inc., developer of hotel property-management software, announced a partnership with payments provider 3C Payment.
- NACHA, the automated clearing house governing body, added ACI Worldwide Inc. to its preferred partner program.
- AvidXchange, a startup specializing in accounts-payable and payment automation for mid-size companies, named Dan Drees chief growth officer. A 25-year veteran of companies such as General Electric, Bank of America, and Capital One, Drees most recently served as a fraud and risk manager at Fiserv Inc.
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