Encryption specialist Bluefin Payment Systems said it will provide encryption services to clients of payments provider Accepta LLC. A report from processor Fidelity National Information Services Inc. (FIS) found 25 real-time payments systems in operation globally, up from 19 last year and more than twice the number in 2013. Another …
Read More »Bitcoin Futures Market Planned and other Digital Transactions News briefs from 11/1/17
Mobile point-of-sale provider CardFlight said payment processor Beyond will offer CardFlight’s SwipeSimple device to merchants. The technology enables EMV chip card transactions from a mobile device. CME Group, a major derivatives marketplace, announced plans to launch a futures market for Bitcoin before the end of the year, pending regulatory review. On …
Read More »Pineapple Payments Buys Payline Data and other Digital Transactions News briefs from 10/31/17
American Express Co. released SafeKey 2.0, an online authentication tool that uses the EMVCo 3-D Secure 2.0 standard. The service will be available in spring 2018. Payline Data Services LLC announced that payment-processing technology company Pineapple Payments purchased Payline Data for an undisclosed amount. Payline Data has almost 10,000 merchants processing …
Read More »WaveCrests Adds Chips to its Prepaid Cards and other Digital Transactions News from 10/30/17
Payments company PayTrace Inc. launched a browser-based EMV-acceptance service that uses an Ingenico Group EMV card reader and processing from Total System Services Inc. (TSYS). WaveCrest, an issuer of prepaid cards used to pay fleet drivers and reimburse workers, said it has introduced EMV chips on its cards issued in …
Read More »Revel Systems Inks LevelUp Deal and other Digital Transactions news briefs from 10/27/17
Point-of-sale system provider Revel Systems announced it is working with mobile-payments provider LevelUp to integrate mobile order-ahead, in-store mobile payments, and loyalty service for Revel’s restaurant clients. After more than 50 years in the Houston area, First Data Corp.’s TeleCheck Services unit will vacate its headquarters in suburban Sugar Land, …
Read More »P2P Specialist Zelle Adds Partners and other Digital Transactions News briefs from 10/26/17
Zelle, the person-to-person payments service from bank-owned Early Warning Services LLC, added ACI Worldwide, CGI, D3 Banking Technology, and IBM to its list of processor and technology partners that enable their financial-institution clients to offer Zelle to consumers. Processor Fiserv Inc. said Regions Bank will offer digital money-movement services, including …
Read More »Pulse Volume Jumps 17% and other Digital Transactions News briefs from 10/25/17
The Western Union Co. early next year will start allowing money transfers via Mastercard Send, a service that allows people to send money within seconds from a debit card to another person’s debit card, including non-Mastercard cards. Senders can also fund transfers with credit cards or bank accounts, but must …
Read More »First Data Adds UnionPay Acceptance and other Digital Transactions News briefs from 10/23/17
Facebook Inc. has joined Visa Inc.’s Digital Enablement Program, giving the social-networking giant access to tokenization services globally. First Data Corp. said it will add UnionPay International acceptance to its merchant network, enabling UnionPay cardholders traveling as tourists in the United States to use their cards in stores and online. Eventually, …
Read More »Joe Kaplan Moves to Sage and other Digital Transactions News briefs from 10/23/17
Private-equity firm GTCR, which bought Sage Payment Solutions in August from its British parent company The Sage Group plc, appointed veteran independent sales organization executive Joe Kaplan as chief executive of the merchant processor, and also announced that it would invest $350 million to support Sage. Kaplan is the former …
Read More »First Data Buying BluePay and Other Digital Transactions News briefs from 10/20/17
First Data Corp. made it official: it is acquiring merchant processor BluePay Holdings Inc. for $760 million in cash. BluePay processes $19 billion annually for 77,000 merchants and is integrated into more than 450 software platforms. The deal is expected to close by the end of the year. First Data inadvertently …
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