Daystar Payments has launched as a payments processor aiming to sign 1,000 independent sales organizations by the end of 2023, with a focus on attracting minority-owned businesses.Weave, a provider of customer-communication technology, launched a buy now, pay later platform for health-care providers. The company introduced a payment-processing platform in late 2019.The Strawhecker Group, …
Read More »Visa’s Kelly Touts Visa Direct to Attack P2P Fraud As the Network Reports a Strong Quarter
Visa Inc. late Tuesday reported a continued recovery in cross-border payments, double-digit increases in U.S. payments volume, and no let-up in the industry’s general shift to contactless payment. It also faced a question regarding Visa Direct and its links to instant peer-to-peer payments services that the Consumer Financial Protection Bureau …
Read More »Mobile Payment Use Increases and other Digital Transactions News briefs from 7/27/22
Consumers making a mobile payment at least once a week increased to 58% in the first half of 2022, compared with 46% in the same period in 2021, according to ACI Worldwide Inc.’s latest 2022 ACI Speedpay Pulse survey.E-commerce specialist Signifyd said a survey it commissioned found that 66% of respondents cut back their …
Read More »Clover And Carat Help Propel Strong Results for Fiserv
Merchant acquiring is Fiserv Inc.’s largest and fastest-growing business, and in the second quarter it showed no signs of slowing down. Driven by technologies like Clover, a set of point-of-sale gear, and Carat, a fast-growing commerce platform, the acquiring unit posted $1.9 billion in revenue in the quarter ended June …
Read More »Waitr Secures MetLift Stadium Deal And Other Digital Transactions News briefs from 7/26/22
Waitr Holdings Inc., which is changing its name to ASAP, said it will be the exclusive mobile ordering platform for the New York Giants, New York Jets, and MetLife Stadium, the venue shared by both teams.The worldwide tokenization market is forecasted to grow from $2.6 billion in 2021 to $12.7 billion by …
Read More »Datacap Gift Launches And Other Digital Transactions News briefs from 7/25/22
Datacap Systems Inc. said it is working with gift card provider Card Market to enable Datacap partners to order custom gift cards for Datacap Gift, Datacap’s new omnichannel gift platform.E-commerce platform Promenade Group expanded its service to include Promenade for Butchers that includes a Web site, online ordering, delivery options, marketing, back-office management, …
Read More »Cardholder Volume Booms for AmEx As a Pandemic Recovery Continues
Network volumes and interchange revenues posted hefty increases at American Express Co. in the second quarter as consumers and businesses spent more while a recovery continues from the Covid-19 pandemic that hit two years ago. AmEx reported Friday that its network volumes totaled $394.8 billion in the quarter ending June …
Read More »Predators Pick Celero and other Digital Transactions News briefs from 7/22/22
Payments provider Celero Commerce announced it is the preferred processor for the Nashville Predators of the National Hockey League.Datacap Systems Inc. and PAX Technology Inc. announced an integration partnership. Datatcap’s software is now certified on multiple PAX devices.Payments provider ACI Worldwide Inc. extended an agreement with analytics firm IR for real-time transaction monitoring.Marriott International announced …
Read More »ACH-Based Dutchie Pay Debuts And Other Digital Transactions News briefs from 7/21/22
Dutchie, a provider of commerce technology for cannabis businesses, launched Dutchie Pay, which allows consumers to pay online with transactions handled on the automated clearing house network.One Inc announced Harford Mutual Insurance Group has adopted its ClaimsPay service to process claims payments digitally.The fintech Airwallex said it has launched its Online Payments App …
Read More »2.3% of Online Crime is Card Fraud And Other Digital Transactions News briefs from 7/20/22
Authentication provider Veriff said an analysis of Google search data, a survey of 1,000 U.S. adults, and the FBI’s Internet Crime Report 2021 data found that credit card fraud accounted for 2.3% of all reported online crimes. Phishing and its variations had the highest rate of 44.76%.Payments provider Lightspeed Commerce Inc. said it has …
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