Kevin Woodward
Kevin's role at Digital Transactions is to write news and features stories for publication on the Web site and in the magazine. He also oversees the digital editorial aspect of the site and the Digital Transactions News daily newsletter.
September 28, 2023
Acquiring, Competitive Strategies, Marketing, Point-of-sale, Transaction Processing
Unceasing competition for restaurant payments revenue has spurred two developments among point-of-sale system makers catering to the segment. Santa Clara, Calif.-based SoundHound AI Inc. says Olo, a New York City-based hospitality specialist, will make SoundHound’s voice-ordering service, which relies on artificial intelligence, available to its approximately 77,000 merchant locations. When …
Read More »
September 27, 2023
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
The hotly contested restaurant point-of-sale market shows no signs of cooling off. Inspire Brands Inc., a global restaurant chain that is home to Arby’s, Baskin-Robbins, Dunkin’, and four other brands, has expanded its work with processor Fiserv Inc. with the goal of unifying in-store, in-app, and online transactions for more …
Read More »
September 26, 2023
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Citcon USA LLC, an e-commerce wallet-technology provider, is adding Block Inc.’s Cash App Pay and Afterpay buy now, pay later payment methods to its inventory of merchant options. In related news, Block’s Square point-of-sale unit is bolstering merchant selling tools with new online features. Citcon’s integration of Cash App Pay, …
Read More »
September 25, 2023
Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Automaker Mercedes-Benz is enabling in-car fuel payments for users of its Mercedes pay+ service. Announced Monday, the service also integrates Mastercard Inc.’s Secure Card on File for Commerce Platform technology. Available initially only on select Mercedes models in Germany, the fuel payment app joins a parking-payment app the giant carmaker …
Read More »
September 21, 2023
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Featured, Marketing, Real-time Payments, Transaction Processing
Consumers have come to expect an electronic payment to happen in seconds with zero or few errors, but for organizations the situation is a little more fraught. At least that’s the feedback from a new report, “The State of Payment Operations 2023,” from Modern Treasury Corp., a payments and financial …
Read More »
September 18, 2023
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Nearly 90% of financial-institution clients predict 5% or more of cross-border market share will be forfeited to fintechs within the next 10 years, according to a study from Citicorp that canvassed more than 100 financial-institution clients. Why is this important? “The Bank of England estimates that the value of cross-border payments is …
Read More »
September 12, 2023
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
E-commerce platform Wix.com Ltd. looks to make it easier for its merchants with stores to accept physical payments with the debut of Tap to Pay on Android. The technology, coming from Stripe Inc., means merchants can accept contactless payments with a regular Android smart phone and no additional hardware. Tap …
Read More »
September 11, 2023
Competitive Strategies, E-Commerce, Featured, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Step one for Hyundai Pay, the in-car payment service debuting in the 2024 Kona crossover, is enabling payments for parking while sitting in the driver’s seat. Step two is broadening its capabilities and making it an integral part of the vehicle, Olabisi Boyle, Hyundai Motor North America vice president of …
Read More »
September 7, 2023
Acquiring, Automated Clearing House, Competitive Strategies, Debit Cards, Digital Currency, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Though not as credit and debit card friendly as some industries, the legalized cannabis industry continues to create opportunities for payments companies. Among the latest developments are the release of POSaBIT Systems Corp.’s latest point-of-sale system and a new program from Organic Payment Gateways. Bellevue, Wash.-based POSaBIT says its POSaBIT …
Read More »
September 6, 2023
Acquiring, Competitive Strategies, E-Commerce, Kiosks & Ticketing Machines, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
When the Cleveland Browns open their 2023 NFL home stand Sunday, fans at the stadium using credit and debit cards will be tapping and dipping via new Clover Sport devices. Announced Wednesday, the nearly 500-device installation in concession and premium-seating locations in the Cleveland Browns Stadium will make the arena …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
