Retailing giant Costco Wholesale Corp. has contracted with technology company Vontier to install new payments devices and software at the chain’s 76 fueling stations in Canada, starting next month. Vontier two years ago acquired Invenco, a company that included long-time fueling-technology provider Gilbarco Veeder-Root. Payment processor Silverflow said it has reached a new agreement …
Read More »A Spend Card from Visa and other Digital Transactions News briefs from 8/30/24
Keys Inc., a technology platform for locksmiths, has launched the Keys Visa Spend Card, issued by Celtic Bank. The card allows locksmiths to receive earnings instantly, with processing by Stripe Inc. Payments-technology provider Transcard said it worked with the University of Tennessee Athletics Department to gain naming rights for and launch the …
Read More »Priority’s Volume up 4.5% and other Digital Transactions News briefs from 8/8/24
Priority Technology Holdings Inc., a payments provider, reported $15.8 billion in June-quarter bankcard processing volume, up 4.5% year-over-year. For the first half of the year, volume came to $30.6 billion, up less than 1%. Revenue for the company totaled $219.9 million for the quarter, up 21%. For the first half, …
Read More »Skim Swipe’s POS Role and other Digital Transactions News briefs from 7/9/24
Wireless and cybersecurity developer Berkeley Varitronics Systems Inc. launched Skim Swipe, a tool that can help detect card skimmers hidden in point-of-sale terminals. Galileo Financial Technologies, a payments-technology platform, announced it is offering wire-transfer capability via an application programming interface that links clients of Community Federal Savings Bank to the Federal Reserve’s …
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