Buy now, pay later processor Affirm Inc. said it is expanding its partnership with Priceline to include online travel agency Priceline’s business-to-business platform, Priceline Partner Solutions. Canada-based processor Nuvei Corp. announced it has completed the process of going private after five years as a public company. Neon Maple Purchaser Inc., a unit of Advent …
Read More »Discover Grows Its International Presence Through a Pair-Up With Telered in Panama
Discover Global Network continues to expand its international business through a deal with Panamanian payment processor Telered S.A. Telered manages the Sistema Clave, or Clave System, which Discover says is the largest interbank network of ATMs and points of sale in Panama. In business for more than 30 years, Clave’s …
Read More »Celero Marks Another Acquisition and other Digital Transactions News briefs from 11/15/24
Payments provider Celero Commerce acquired Precision Payments. Celero said its total annual North America card processing volume is expected to exceed $28 billion with the addition. Terms were not disclosed. NCR Atleos Corp. said it will provide its Cashzone Network ATMs in United Kingdom-based grocer Waitrose stores. Payhawk Ltd. announced an integration with Mastercard …
Read More »Shift4’s Jaguars Tickets Deal and other Digital Transactions News briefs from 11/13/24
The National Football League’s Jacksonville Jaguars agreed to use Shift4 Payments Inc. to process ticket sales at its home venue, Everbank Stadium. Buy now, pay later provider Sezzle said retailer Rural King, with 130 stores, will offer the BNPL service. Payments provider Repay Holdings Corp. reported third-quarter revenue of $79.1 million, up 6% from the same …
Read More »Shopify Taps Coveo’s AI and other Digital Transactions News briefs from 11/4/24
Artificial intelligence platform Coveo said it will provide AI commerce services to Shopify Inc. enterprise customers. NCR Atleos Corp. announced Rontec, a Shell and Esso BP station operator in the United Kingdom, has extended its agreement to use Atleos for ATM operations at 267 gas stations. The Access Group, a United Kingdom-based developer …
Read More »Fiserv Posts Growth As New Tech And New Initiatives Start to Kick in
Fiserv Inc., one of the nation’s biggest processors, put up some notable growth numbers in the September quarter despite its size. How long it can maintain that momentum may depend on its ability to release new services and build on recent initiatives such as its SMB Bundle and Cashflow Central, …
Read More »Mastercard’s Commercial Move and other Digital Transactions News briefs from 10/21/24
Mastercard Inc. unveiled Mastercard Move Commercial Payments, a service to allow banks to support commercial cross-border payments flowing in near real-time. Real-time payments led to more than $1 billion in savings on transaction costs for U.S. businesses and consumers last year, a number forecast to grow to $4.4 billion by 2028, …
Read More »Mastercard, Citi in Cross-Border Plan and other Digital Transactions News briefs from 10/10/24
Mastercard Inc. and Citi announced they are working on a service to offer cross-border payments to Mastercard debit cards in 14 markets, including the United States. Cardholders in these markets will be able to receive payments from Citi clients in near-instant transaction times. Citi is using Mastercard Move, the card brand’s …
Read More »PrePass Marks Integration and other Digital Transactions News briefs from 9/30/24
PrePass, a platform for highway toll payments, said its services can be accessed via an integration with the Motive Marketplace, a platform featuring artificial-intelligence capabilities. A survey of 2,600 consumers in the U.S. market and in seven other countries revealed 61% have cut back on using digital payments or otherwise changed their …
Read More »Rain Technology Launches an ATM Privacy Solution
Rain Technology, a provider a directional-display technology, has developed a solution that aims at reducing the risk of onlookers visually stealing a consumer’s PIN at an ATM. The solution, called ATM Switchable Privacy, enables as little as 0.2% of an ATM screen to be visible outside of a 45-degree viewing …
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