RocketFuel Blockchain, Inc., a provider of payment technology for Bitcoin and other cryptocurrencies, has finalized the integration of its payment solution with ACI Worldwide Inc. The integration to ACI’s Secure eCommerce platform will enable ACI’s more than 80,000 merchants to accept cryptocurrency payments with no processing fees. The partnership between …
Read More »Rising Attack Rates Show How Fraudsters Are Zeroing in on Fintechs, According to Sift Data
Fraudsters targeted fintechs at an alarming rate in 2021, according to Sift Science Inc.’s first-quarter 2022 Digital Trust & Safety Index. The index reveals that the payment-fraud attack rate across fintechs within Sift’s network increased a whopping 70% in 2021 compared to 2020. The attack rate is defined as the …
Read More »Eye On Earned Wage Access: CloudPay Partners With Visa; indi Rolls out Early Pay
CloudPay, a provider of employee payment solutions, is partnering with Visa Inc. to enable payroll to be deposited directly to employee debit or credit cards through Visa Direct, Visa Inc.’s real-time payment network The new service is expected to provide employees immediate access to their funds compared to the two …
Read More »BigCommerce Partners With Bolt to Offer Easier One-Click Checkout for Merchants
As e-commerce merchants look to make checkout faster and more convenient for a rising volume of online customers, e-commerce platform provider BigCommerce Holdings Inc. is partnering with Bolt Financial Inc., a developer of cloud-based checkout, payments, and fraud prevention solutions, to more quickly enable BigCommerce merchants of all sizes to …
Read More »Texas Roadhouse Partners With Ziosk to Roll Out a Tableside Ordering And Payment Platform
With consumers starting to dine out again, improving their dining experience through digital ordering and tableside payments solutions is becoming a pressing need for restaurants. Texas Roadhouse has become the latest restaurant chain to take the digital plunge, implementing Ziosk’s Cloud Commerce Platform for digital tableside ordering and payments. The …
Read More »Targeting Growth Markets, PayNearMe Scores Walgreens for Its Merchant Network
Bill-payment platform provider PayNearMe Inc. will dramatically expand its merchant network with the addition of Walgreens Co. in an agreement announced Wednesday. The pharmacy chain adds nearly 9,000 Walgreens and Duane Reade locations to PayNearMe’s merchant network, bringing the company’s total to more than 40,000 retail locations. PayNearMe’s platform lets …
Read More »A Year After Its SPAC, Payoneer Eyes Growth Opportunities in Emerging Markets
Having posted strong revenue growth in 2021, Payoneer Global Inc., a provider of online money transfer, digital payment services, and working capital to businesses, sees significant growth opportunities in such markets as Latin America, Asia, the Middle East, and Africa. “These are regions that are in the early stages of …
Read More »The CFPB Turns Its Attention to Block’s Cash App
Block Inc., parent company of Square Inc., has become the latest payments provider to come under the scrutiny of the Consumer Financial Protection Bureau. The CFPB, as well as attorneys general from multiple states, have requested information from Block related to how the company handles complaints and disputes from customers …
Read More »Chargebacks911 Partners With Microsoft to Cut Down On Friendly Fraud
With card issuers making it easier to dispute a transaction in the two years since the Covid-19 pandemic hit, observers say it has become harder for them to distinguish good customers from bad customers, especially when a transaction is disputed post-purchase. The latter case is when friendly fraud can occur, …
Read More »It Took off During the Pandemic, And Now E-Commerce Shows No Signs Of Slowing
Despite the economy reopening after the disruptions caused by the Covid-19 pandemic, e-commerce continues to boom as consumers embrace shopping online from home or via their mobile device. A recent study from FIS Inc. reveals that e-commerce transaction values in the United States grew 10% in 2021 compared to 2020, …
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