Saturday , November 23, 2024

Digital Transactions News staff

NACHA Notes 27 Billion ACH Transactions and other Digital Transactions News briefs from 3/29/19

NACHA, the regulatory body for the automated clearing house network, reported 27 billion ACH transactions for 2018, including 23 billion on the network and 4.1 billion off-network transactions, including mostly on-us volume. PayPal Holdings Inc. is closing two offices in Hunt Valley, Md., and will lay off their 380 workers …

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Concessionnaire Chooses Mobile Order App and other Digital Transactions News briefs from 3/28/19

Spectrum Concessions has chosen a mobile-ordering app from Noble Inc. to allow customers at several Spectrum venues to order and pay for food and drinks with a smart phone. The venues include the Hippodrome Theatre in Baltimore, the Long Center in Austin, Texas, and the Hennepin Theatre Trust in Minneapolis. …

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Square Lands Nationals Deal and other Digital Transactions News briefs from 3/27/19

Square Inc. said concession sellers at the Washington Nationals’ ballpark will be equipped with the Square Terminal device to process fans’ food-and-drink orders in their seats. Fans will also be able to use Square’s Caviar app to order food from concession stands. The Major League Baseball season starts Thursday. The …

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Citigroup Building a Payments Unit and other Digital Transactions News briefs from 3/26/19

Citigroup Inc. says its treasury and trade solutions unit is building a capability to allow consumers to make payments to institutions. Payment methods will include cards, e-wallets, and new bank-transfer services such as request to pay and open banking. Chosen Payments said Hudson Software Inc., developer of software for the …

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Details on Apple/Goldman Card? And other Digital Transactions News briefs from 3/25/19

Apple Inc. on Monday is expected to make several major announcements, possibly including one regarding a credit card it is reportedly developing with Goldman Sachs Group Inc. that would work with the iPhone and Apple Pay, according to news services. Apple’s iOS 12.2 update will integrate a new wallet app …

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Mastercard’s Contactless Transit Announcement and other Digital Transactions News briefs from 3/22/19

Mastercard Inc. announced contactless-payment capability will go live in 20 U.S. cities “within the next few years,” starting with subway and bus systems later this year in New York City, where the company is working with transit-technology firm Cubic Transportation Systems. Bitmo, a startup that offers mobile gift cards that …

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eBay Adds Google Pay and other Digital Transactions News briefs from 3/21/19

The eBay Inc. online marketplace is adding Google Pay as a payment option as it rolls out its new managed-payments platform to sellers. Google Pay will be activated in April and will be available via the app or mobile Web, and users will be able to use it on desktops …

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The Fed’s Defining Security Moment and other Digital Transactions News briefs from 3/20/19

The Federal Reserve announced the 22 members of its new Fraud Definitions Work Group, another component of its sweeping Payment System Improvement Project. The group, which comes from the banking and payments industries, regional Fed banks, and other organizations, will work with Fed leaders on recommendations for improving the quality …

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P2P Users Value Speed and other Digital Transactions News briefs from 3/19/19

Fifty-nine percent of consumers cited the ability to pay quickly as a reason they use peer-to-peer payments apps, according to a survey of more than 380 consumers from Tallwave, a digital-services firm. More than 65% have used PayPal and 37% have used Venmo, PayPal’s P2P payment service. Verifi Inc. launched …

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SpotOn Integrates Poynt Terminal and other Digital Transactions News briefs from 3/18/19

SpotOn Transact LLC said it will integrate Poynt Inc.’s smart point-of-sale terminal into its platform. SpotOn said it is the first to work with Poynt to integrate loyalty, marketing, and POS software directly into the terminal hardware. Synchrony Financial expanded the merchant categories eligible to accept its Synchrony Car Care …

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