Sunday , April 13, 2025

Peter Lucas

How Map App Waze Is Forging a Link Between Mobile Payments And Loyalty at the Pump

Now that Google’s Waze app has embedded a payment option into its software, the integration of navigation apps and payments and loyalty at the pump is under way, experts tell Digital Transactions News. Last week, Waze announced it has integrated an option that consumers can use to pay at the …

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Standard Cognition Argues It Has a Better Alternative to Amazon Go. Will Circle K Prove It?

Credit: Standard Store

Standard Cognition Corp., a San Francisco-based provider of autonomous checkout systems based on artificial intelligence, expects to have the first of Alimentation Couche-Tard’s Circle K convenience stores retrofitted and up and running in early 2021, with potentially dozens more to follow. The first store to adopt the technology will be in …

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E-Commerce Sales See Gains in July, But So Does Fraud, Says ACI Worldwide

The Covid-19 pandemic in July fueled a sharp rise in e-commerce but also in fraud, according to the latest figures from ACI Worldwide Inc.  Global e-commerce transactions rose 19% in July over the same period a year earlier. Fraudulent transactions by value rose 4.4%, up from a 3.7% increase in …

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Eye On Dining POS: Shift4 Adds Uber Eats; SpotOn Transact Buys SeatNinja

With the Covid-19 pandemic accelerating restaurants’ transition to digital payment technology, processors Shift4 Payments Inc. and SpotOn Transact Inc. have beefed up their platforms through deals to add third-party applications.  Allentown, Pa.-based Shift4 has agreed to integrate San Francisco-based Uber Technologies Inc.’s Uber Eats delivery app to its point-of-sale platform. …

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With a Compliance Deadline Looming, Technology Emerges to Ease Gas Pump EMV

Sound Payments Inc., a multichannel technology provider that offers point-of-sale solutions for the petroleum industry, expects its partnership with National Retail Solutions, a subsidiary of IDT Corp., to accelerate adoption of EMV at in-pump card readers among independent gas stations and convenience stores. Sounds Payments argues its EMV in-pump card …

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Restaurant POS System Provider TouchBistro Acquires Loyalty Tech Developer TableUp

TouchBistro Inc., a software developer for iPad POS systems in restaurants, on Wednesday announced the acquisition of loyalty marketing application provider TableUp. Terms of the deal were not disclosed.  The acquisition was driven by restaurant requests for ways to market and offer customer incentives to return as restaurants begin reopening …

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Processor Paya Will Go Public Via a So-Called SPAC Merger

Payments provider Paya Inc. today announced a merger with special acquisition merger company (SPAC) FinTech Acquisition Corp III. The merger is being consummated as part of Atlanta-based Paya’s plans to take the company public. Currently, the company is owned by private-equity firm GTCR LLC.  Because Fintech Acquisition is already a …

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How the Pandemic Has Underscored the Crucial Role of Software in Processor Growth Plans

With the Covid-19 pandemic forcing merchants to beef up or add an e-commerce channel to service customers disinclined to enter a physical store, processors that have partnered with or acquired independent software vendors (ISVs) specializing in the online sales channel are well-positioned for growth, according to The Strawhecker Group. Since …

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As Contactless Gains, Will QR Codes Win Over NFC Adherents?

With consumer and merchant preferences shifting towards contactless payment methods in the wake of the Covid-19 pandemic, payments activated by Quick Response codes are gaining more attention. That’s because they are a low-cost way for merchants without NFC (near-field communication)-based applications, such as Apple Pay and Google Pay, to add …

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Fraudsters’ Schemes to Get a Share of Covid-19 Stimulus Funds Draw a Warning From FinCEN

With trillions of dollars in federal stimulus money sloshing around in the economy to help consumers who have lost their jobs due to Covid-19, fraudsters are ratcheting up their efforts to get a piece of that pie. Two popular plans of attack are imposter scams, where criminals impersonate representatives of …

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