Wednesday , November 27, 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.

Eye on Apple Pay: Pay for Parking Time With an Apple Watch Tap; More iPhones With Face ID

Consumers using PayByPhone’s app for paid parking now have another option to extend their parking time. The Volkswagen AG-owned company launched a feature for Apple Watch users to add more parking time directly from the watch without using an iPhone or visiting the meter again. The PayByPhone Apple Watch app shows …

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Bolt And BigCommerce Team Up on an Instant Checkout Service

BigCommerce Pty. Ltd., an e-commerce platform and online shopping-cart provider, is teaming up with payments provider Bolt Financial Inc. on an instant-checkout service for online merchants. Announced Tuesday, the service is available via a plugin for BigCommerce’s platform. Austin, Texas-based BigCommerce also released its Checkout JS Software Development Kit that …

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Gateway Operators Slice Transaction Time in Half As Uptime Average Nears 100%

U.S. gateway providers have cut the average transaction time in half to 1.6 seconds from 3.2 seconds only a year ago, according to data compiled by Omaha, Neb.-based researcher The Strawhecker Group. Derived from the firm’s Gateway Enterprise Metrics platform that debuted in 2017, the results show that the 12 …

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PIN-on-Mobile Specialist MyPINPad Secures a Spot on the Thales Hardware Security Module

MyPINPad Ltd., developer of software-based PIN-pad technology, said Wednesday its technology is now embedded in the latest software release of the Thales payShield 9000 hardware security module. Often called PIN-on-mobile, the software from London-based MyPINPad enables secure PIN-pad transactions on consumer-grade mobile devices. Formerly, such transactions only were possible on …

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Adyen Touts Its 3-D Secure 2.0 Service As “First” to Market

The first commercial implementation of 3-D Secure 2.0, an online fraud-prevention tool, appears to be here. Processor Adyen N.V. announced Friday the launch of its 3DS 2.0 service, claiming it is the first to be available to merchants. 3-D Secure 2.0 is an EMVCo-maintained standard that aims to curb online …

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In Separate Deals, Global Payments And Paysafe Bolster Their Integrated-Payments Efforts

In deals that further signify the importance to processors of integrated payments, Global Payments Inc. and Paysafe separately brokered pacts with point-of-sale software providers. Atlanta-based Global Payments says Liquid Payments Inc., a Fort Lauderdale, Fla.-based developer, will use the company’s Heartland Payment Systems unit to process payments. Liquid Payments’ service …

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Mitek CEO DeBello Will Leave the Remote Deposit Capture Provider This Year

Mitek Systems Inc. announced the departure of chief executive James B. DeBello at the end of this year. The remote deposit capture provider said DeBello, who became its president and CEO in 2003 and chairman of the board in 2016, will leave Jan. 1. DeBello has served on Mitek’s board …

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MoneyGram Expands Its Online Platform Into Five New Markets

Wire-transfer provider MoneyGram International Inc. once again is expanding to more markets. This time, the company announced Monday, consumers in Ireland, Poland, Sweden, Norway, and Denmark are the latest to have access to the company’s online platform. MoneyGram’s online service is now available in 15 nations. In July, it expanded …

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Yet Another POS System Breach, This One at Cheddar’s Scratch Kitchen

Criminals were able to infiltrate another point-of-sale system, this one used by Cheddar’s Scratch Kitchen, a unit of Darden Restaurants. Announced Wednesday, the breach involved Cheddar’s locations in 23 states. Payment card information, including card numbers, from consumers who used them at Cheddar’s restaurants between Nov. 3, 2017, and Jan. …

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Consumers Keep More Money in Their PayPal Accounts Than Cash in Their Wallets, a Study Finds

U.S. consumers are apt to have more money—$485 on average—in their PayPal Holdings Inc. accounts than cash in their wallet, $196, finds the Future of Money Study from Logica Research. San Francisco-based Logica Research, formerly Koski Research Inc., also found that 58% of Americans have a PayPal account. A number of …

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