It may be the midst of winter, but some payment companies are preparing for the travel season. Travelers booking passage on a Norwegian Cruise Line ship can now use their PayPal Holdings Inc. digital wallet to pay for their cruises. PayPal says the payment option is available for trips with …
Read More »Eye on BNPL: Affirm’s Toothy Win; Gateway Adds Klarna Integration
Coast Dental, a dental practice with 100 locations in Florida, Georgia, and Texas, added Affirm’s buy now, pay later payment options. In related news, Decta Ltd., a United Kingdom-based fintech, has integrated Klarna AB’s BNPL service into its white-label payment gateway. Tampa, Fla.-based Coast Dental says the Affirm payment option …
Read More »Lightspeed Says It Will Remain Public As It Posts a 17% Revenue Bump
After more than 19 weeks of strategic review, Lightspeed Commerce Inc. said Thursday it will remain a publicly traded company. That will mean a renewed emphasis on retail, too, it said. Montreal-based Lightspeed announced the review in September, having brought back founder Dax Dasilva as chief executive a year ago, …
Read More »Financial Services Companies Are Embracing AI for Customer Interaction and in the Back Office
A new report from Nvidia Corp. sheds some light on how quickly and broadly the financial-services industry has picked up on using artificial intelligence tools for the customer experience and in the back office. In its latest “State of AI in Financial Services” report, Nvidia found that 60% of more …
Read More »Moov Lands Trump Media Processing Deal And Supports Jack Henry’s Visa Direct Push
Payment processor Moov Financial Inc. will process payments for a particularly high-profile enterprise, the Truth Social platform and Truth+ video streaming service, both owned by President Trump’s Trump Media and Technology Group Corp. Announced Monday, the deal includes credit card, debit card, and ACH acceptance. Moov says the deal will …
Read More »Eye on POS: Cake POS Taps PopMenu; Shopstr Lands in Shopify’s App Store
Just as acquirers always seek a competitive advantage when courting restaurant clients, so too do restaurateurs. The latest along these lines is an integration between Cake POS and Popmenu, a restaurant-services developer. Shopstr, a travel-booking service, also is now available as a Shopify app. Mad Mobile Inc., the Tampa, Fla.-based …
Read More »C-Store Chain RaceTrac Deploys 10-4 by WEX for Cardless Fuel Payments
RaceTrac Inc., an Atlanta-based convenience store chain with more than 800 locations, is debuting cardless payments for truck drivers via the 10-4 by WEX app. The free app enables independent owner-operators to pay for diesel fuel without a physical card at the pump. Users upload their credit or debit card …
Read More »Gettrx Debuts a White Label Processing Program for ISOs And ISVs
Payments provider Global Electronic Technology Inc., known as Gettrx, launched a white- label platform for agents, independent sales organizations, and independent software vendors that could help them compete against larger payment processors. The platform, called Gettrx One, enables agents, ISOs, and ISVs to market the service under their brand at …
Read More »The Naughty List Grows: 13% Committed First-Party Fraud During the Holiday Shopping Season
Some consumers better hope Santa Claus doesn’t read the latest fraud report from Socure, a fraud-prevention and authentication provider. It found 13% of U.S. consumers committed first-party fraud during the 2024 holiday-shopping season. Often called friendly fraud, first-party fraud occurs when a consumer exploits return and refund policies for financial …
Read More »Guidelines Emerge for Adding Send Capabilities for Instant Payments
The U.S Faster Payments Council has released fresh guidelines to help financial institutions add send capabilities to their instant-payments functions, a component just as critical as the ability to receive fast transfers. Among the pieces of the “Guideline.02: Operational Considerations for Instant Payments Send-Side Primer” are items explaining the instant-payment …
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