Saturday , November 23, 2024

Digital Transactions News staff

VizyPay, Clover, And Cash Discounts and other Digital Transactions News briefs from 6/9/20

Independent sales organization VizyPay LLC launched a cash-discount app for Fiserv Inc.’s Clover point-of-sale systems; the app, an extension of VizyPay’s cash-discount program, is available in the Clover App Market.MoneyGram International Inc. reported a doubling of its digital-transaction volume in May from May a year ago. Growth in this category in the first …

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Covid-19’s Payment Choice Impact and other Digital Transactions News briefs from 6/8/20

Fearing Covid-19, consumers are less likely to use any method to make a payment in a store these days, but 20% say they have used a smart phone or smart watch do so in the past week, no change from a year ago, even though fewer say they have used a debit …

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Faster Payments Council Releases Interoperability Report and other Digital Transactions News briefs from 6/5/20

The U.S. Faster Payments Council’s network committee released a white paper on faster payments interoperability.MoneyGram International Inc. said it has agreed with Al Rajhi Bank, said to be the largest Islamic bank in the world, and its remittance unit, Tahweel al Rajh, to offer money transfers in Saudi Arabia.IBS Software, which serves …

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Huntington Adds TCH’s Real Time Payments Service and other Digital Transactions News briefs from 6/4/20

Huntington Bancshares Inc. has made the Real Time Payments service from The Clearing House Payments Co. available to its consumer and business customers. Huntington has 839 branches and 1,434 ATMs in seven Midwestern states.Processor Fiserv Inc. introduced its FlexLine Advance service that enables holders of credit cards issued by Fiserv client banks and credit unions to …

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Repay Partners With Inovatec and other Digital Transactions News briefs from 6/3/20

Payments provider Repay Holdings Corp. said it will work with Inovatec Systems Corp., a software vendor to financial institutions, to allow lenders to accept debit and credit cards as well as automated clearing house transactions via such channels as text-to-pay, interactive voice response, online, and the Repay mobile app.Maverick Payments released application programming …

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Konnect’s M-Payments Restaurant Service Debuts and other Digital Transactions News briefs from 6/2/20

Konnect Solutions Inc. introduced a mobile-payments service for restaurants that allows customers to pay inside or in drive-throughs by choosing the restaurant’s local WiFi wireless access point to view a menu, place an order, and access the restaurant’s point-of-sale system. They can pay on their phone or use options offered by …

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ACH Sender Receives Certification and other Digital Transactions News briefs from 6/1/20

Nacha, the automated clearing house rule maker, awarded its Nacha Certified status to Secure Payment Systems. Nacha Certified is a voluntary program for third-party senders.ACI Worldwide Inc. said Conductor, a Brazil-based processor, is entering the Latin American acquiring business using ACI’s UP Retail Payments and UP Payments Risk Management software products.Tokyo-based …

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Vesta Notes $125 Million Investment and other Digital Transactions News briefs from 5/29/20

Vesta, a vendor of fraud-fighting technology, said it has received a $125 million growth-capital investment from Goldfinch Partners.Fiserv Inc. said True Sky Credit Union will move to its platform for core account processing, including access to the Zelle peer-to-peer payments network.Mastercard Inc. launched Recovery Insights, a set of data and tools aimed at …

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Visa Names Chief Strategy Officer and other Digital Transactions News briefs from 5/28/20

Visa Inc. appointed Chris Newkirk as chief strategy officer, a newly created position in which he will lead strategic planning for Visa overall and work with Visa’s regional teams. Newkirk, who will report to chairman and CEO Al Kelly, comes to Visa from Capital One Financial Corp., where he held a …

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More Spend on Streaming Services and other Digital Transactions News briefs from 5/27/20

In its first “State of Spend” report, loyalty platform provider Cardlytics Inc., which develops offers for customers of some of the nation’s largest banks based on transaction data, says spending on streaming services rose 24% year-over-year in the March 12-April 29 period.Digital-payments and banking-services provider i2c Inc. said it is supporting Crypto.com as …

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