Monday , November 25, 2024

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.

Human-Initiated Bot Attacks Spike 50% in North America, a New Report Finds

Growth in human-initiated bot attacks outpaced growth in automated bot attacks in the second half of 2021. That’s according to the latest Cybercrime Report from LexisNexis Risk Solutions. Automated bot attacks globally increased 32% for June through December last year over the same period in 2020, trailing the 46% spike …

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Eye on BNPL: Startup Airline Breeze Adds Uplift; Mastercard Installments Expands

Buy now, pay later options for consumers continue to grow. Nascent airline Breeze Airways will offer Uplift Inc.’s BNPL option to its travelers and Mastercard Inc. announced several more retailers joined its Mastercard Installments program. Sunnyvale, Calif.-based Uplift said it is the exclusive BNPL option for Breeze flights. The service …

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ACI Opens up Federal Tax Payments for PayPal And Venmo Options

Consumers accustomed to the PayPal and Venmo digital wallets from PayPal Holdings Inc. can now deploy them to make federal tax payments when using the ACI Payments Inc. service. Announced Tuesday by parent company ACI Worldwide Inc., the service adds another digital tax payment option. And ACI Payments, which ACI …

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Olo Pay Entices Restaurants With a Digital Ordering App That Stores Checkout Credentials

Olo Pay is a new digital ordering platform for restaurants that soon will enable consumers to order and pay with the same payment data at different establishments without having to create unique credentials for each one. Dubbed borderless payments, this element is part of the newly launched Olo Pay from …

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MoneyGram Will Go Private in $1.8 Billion Deal With Private-Equity Player Madison Dearborn

Money-transfer powerhouse MoneyGram International Inc. will go private later this year in a deal announced Tuesday with private-equity firm Madison Dearborn Partners LLC. Valued at $11 per common-stock share, the deal also includes assumption of $799 million in debt.  Expected to close in the fourth quarter, the deal will see …

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Celero’s Omega Acquisition, Its Second in a Month, Brings Strength in Software

Celero Commerce made its second acquisition in a month with its deal to acquire Omega Technology, a Fort Thomas, Ky.-based payments provider. Nashville, Tenn.-based Celero says the combined company will process payments for more than 50,000 merchants at approximately $20 billion in annual card volume. Celero acquired Everest Payment Solutions in …

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Eye on the POS: Texas Roadhouse Selects Sparkfly for Offers; Merrco’s POS System Marks U.S. Entry

Diners visiting Texas Roadhouse restaurants will soon be able to tap on digital offers in the Texas Roadhouse app thanks to a newly announced deal with Sparkfly, a retail services provider. In related point-of-sale news, Merrco Payments Inc. launched its expanded PayHQ service in the United States. Merrco specializes in …

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Most Financial Services Firms Report Increases in Fraud Targeting Mobile

With mobile-device use firmly ingrained in consumer behavior, it’s little wonder that fraudsters are following these consumers. That’s very apparent in the latest LexisNexis Risk Solutions report, which found 98% of financial-services firms it surveyed reported that fraud targeting mobile has increased. These increases also meant the cost of the …

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Cerence Moves a Step Closer to AI-Based In-Car Ordering and Payments

Get ready for even more sophisticated in-car virtual assistance. Cerence Inc., which develops in-car virtual technology, has launched Co-Pilot, its advanced assistant that uses artificial intelligence and vehicle integration to help with such tasks as ordering and paying for a coffee while a mile away. Cerence says its technology—it has …

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In the Latest BNPL Twist, Afterpay Users Can Rack up Cash Back in a Rakuten Program

Consumers have flocked to buy now, pay later services, but providers still have to find ways to stand out. Afterpay Ltd. hopes to do that by enabling consumers who have a Rakuten account to earn cash back in the Rakuten program. Announced Monday, the Afterpay program enables Afterpay users who also …

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