• The National ATM Council, a trade group for independent ATM deployers, has issued an appeal to its members in Illinois to join in opposing a bill in the legislature that the group says would “eliminate virtually all of the state’s current ATM base” by capping ATM fees at $1 per …
Read More »Vantiv To Offer Womply Data Services and other Digital Transactions News briefs
• Merchant processor Vantiv Inc. announced it will work with data-science specialist Womply to offer Vantiv BizShield and Insights, a service for small and medium-sized merchants that offers real-time data, advanced analytics, online reputation management, and threat management. • Processor Global Payments Inc.’s Campus Solutions unit has introduced TouchNet OneCard VIP, which manages access to …
Read More »Global Payments Offers Canadian E-Commerce Platform and other Digital Transactions News briefs
• Payments-technology provider VeriFone Systems Inc. said it created a 50-50 joint venture with Gas Station TV that will combine VeriFone’s Pump Media division with Gas Station TV; the venture will operate under the Gas Station TV brand and deliver 3.3 billion annual impressions through 18,000 locations in all 50 states by …
Read More »OptBlue Acquirers Signed 1 Million Small Merchants for AmEx in 2016
Bank card merchant acquirers participating in American Express Co.’s OptBlue program signed 1 million small businesses for AmEx acceptance last year, an AmEx executive tells Digital Transactions News. The push came as New York City-based AmEx drives toward chief executive Kenneth I. Chenault’s goal of having AmEx’s merchant base reach …
Read More »USAT’s Sneaker Transactions and other Digital Transactions News briefs
• Mastercard Inc. said it will move to close its acquisition of VocaLink Holdings Ltd.“within the next few weeks” now that the transaction has been cleared by the United Kingdom’s Competition and Markets Authority. • USA Technologies Inc. said it is providing its contactless ePort Connect payment device for entertainment kiosks from Sneaker …
Read More »Visa Adds Details to Commercial Card Activity and other Digital Transactions News briefs
• Merchant processor CardConnect Corp. is paying $39 million for its previously announced acquisition of MertzCo Inc. consisting of $12 million in cash and 1.98 million shares of CardConnect stock valued at $27 million, according to a Securities and Exchange Commission filing from CardConnect. • Visa Inc. has begun allowing issuers of Visa-branded commercial cards …
Read More »Attorneys General Urge CFPB Retention and other Digital Transactions News briefs
• Attorneys general from 18 states and the District of Columbia sent a letter this week to Congressional leaders urging them to oppose three pending joint resolutions that would overturn the Consumer Financial Protection Bureau’s controversial prepaid account rule. Consumer groups generally favor the rule, but business interests and many Republicans …
Read More »Diebold Nixdorf Supports Windows 10 on ATMs and other Digital Transactions News briefs
• Diebold Nixdorf Inc. claims to be the first ATM manufacturer to support Microsoft Corp.’s Windows 10 operating system. Microsoft will end support of Windows 7, widely used in ATMs, in January 2020. The company also introduced Essence, an ATM user interface that includes a touchscreen, an encrypted touchscreen PIN pad, …
Read More »E-Commerce, Partnerships Rank High on New Elavon CEO’s List of Priorities
Jamie Walker’s growth mission as the newly anointed chief executive at Elavon Inc., the acquiring arm of U.S. Bancorp, is squarely focused on e-commerce and furthering the company’s partnerships. That isn’t to set aside its other distribution channels, such as independent sales organizations or its direct-sales efforts, Walker tells Digital …
Read More »In a Business That ‘Requires Scale,’ Avangate Swallows 2Checkout And Eyes More Deals
For a company looking to grow via acquisitions, the increasing complexity of the payments business can be an advantage. That’s what Atlanta-based Avangate Inc. is banking on. On Friday, the online processor for digital goods clinched a deal to acquire 18-year-old e-commerce gateway 2Checkout.com Inc., and its appetite is hardly …
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