In an effort to move automated clearing house transactions closer to real-time, E-Complish, a New York City-based payment processor, announced Monday it has teamed with data network Plaid Inc., to validate a bank account, and the funds in it, for ACH transactions. The service makes it possible for E-Complish customers …

The growing number of attacks targeting third-party developers’ payment applications, as well as the third-party applications into which the payments capabilities are integrated, is the impetus behind the PCI Security Standards Council’s decision to update the PCI Secure Software Lifecycle standard. Introduced this month, PCI Secure SLC Standard v1.1 is …

Payment platform provider NMI’s acquisition of gateway provider USAePay for an undisclosed sum is based on the rationale that it better positions NMI to meet merchants’ need for connected, multichannel payment technology, which has become especially valuable in the face of the pandemic. It also bolsters NMI’s economies of scale. …

In a nod to merchants’ need for more favorable point-of-sale pricing as a way to counterbalance the decline in business many have incurred as a result of the Covid-19 pandemic, cloud-based POS-services provider Sky Systemz has introduced the Sky Terminal. Priced at $749, Sky Systemz’s contactless point-of-sale terminal features a …

While the Covid-19 pandemic has deepened consumers’ reliance on contactless payments, as well as digital and mobile banking, a generation gap exists when it comes adoption of those technologies, separate reports from Oxygen, a San Francisco-based financial-platform provider, and digital consulting firm Mobiquity, have found. Of the more than 1,000 …

Now that criminals have milked the bulk of their opportunities related to pandemic relief efforts, they are turning their attention back to their old standby, payments-related fraud. Not surprisingly, their target of choice is e-commerce, which has rocketed due to restrictions on the number of consumers allowed in physical stores and …

Passport Labs Inc., a provider of transportation software, announced Wednesday it is expanding its integration with Alphabet Inc.’s Google to enable payment for parking within Google Maps in more than 400 cities, including Boston, Cincinnati, Portland, Me., Norfolk, Va., Cheyenne, Wy., Westminster, Colo., and Green Bay, Wis. The integration of …

As part of its ongoing efforts to make purchasing cryptocurrency easier and attract new users, Atlanta-based blockchain-payment processor BitPay Inc. is teaming with Simplex Payment Services, a Vilnius, Lithuania-based financial institution, to enable European consumers to purchase cryptocurrency using a credit or debit card and incur no cardholder fees for 45 …

The push to increase the utility of cryptocurrency for purchases got a shot in the arm Friday as BitPay Inc., an Atlanta-based processor that offers crypto e-wallets, announced its prepaid Mastercard cardholders can add their card to the Apple Wallet and make purchases using Apple Pay. The BitPay Mastercard is …

Payments-technology provider Mogo Inc. is initially acquiring about 20% of Coinsquare, a Canadian cryptocurrency-trading platform, for US$44.4 million, with an option to purchase another 20% in the future. Mogo’s first option to increase its investment in Coinsquare, which acts as the trading platform for MogoCrypto, which Mogo launched in 2018, …