Wednesday , December 25, 2024

ATMs

AppTech To Acquire Alliance Partners And Other Digital Transactions News briefs from 10/16/23

AppTech Payments Corp., a specialist in business-to-business and business-to-consumer payments, has agreed to acquire Alliance Partners LLC and its FinZeo money-movement software. With the deal, expected to close Oct. 31, AppTech will become a payment facilitator, a company that allows merchants to accept payments on the company’s merchant account. Terms …

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Klarna’s AI Shopping Aid And Other Digital Transactions News briefs from 10/11/23

Payments platform Klarna AB announced a series of new services, including Shopping lens, which enables shoppers to take a picture of an item in their surroundings to find out where to buy it on the best terms. The service uses artificial intelligence to render the item in a search term. Technology consultancy Thoughtworks said …

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TNS Lines up 1,500 ATMs Contract And Other Digital Transactions News briefs from 8/29/23

U.S.-based network-management company Transaction Network Services said its technology will manage connectivity for Spain-based Euro Automatic Cash, a network of 1,500 ATMs. Tiptap, a donation platform, said it will enable Visa member financial institutions to offer customers a platform to make small donations to community charities while they are performing routine banking …

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The Fed on Request for Payment And Other Digital Transactions News briefs from 9/27/23

The Federal Reserve issued a set of market practices, or a kind of blueprint, as part of an effort to introduce standards for a request for payment function for bill pay on the regulator’s FedNow real-time payments service, which launched nationwide in July. Block Inc.’s Square point-of-sale unit launched Tap to Pay on Android …

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Varo to Anyone P2P Payments Debuts And Other Digital Transactions News briefs from 9/22/23

Varo Bank entered the peer-to-peer payments fray with Varo to Anyone, which allows Varo accountholders to send funds to anyone who holds a U.S. debit card. Varo says the service carries no fee. Mitek Systems Inc. announced it has agreed to offer its biometric-based identity verification technology to complement the credit-reporting agency Equifax Inc.’s …

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Bitcoin Depot Adds Merchants Where Consumers Can Buy Crypto at The Point of Sale

Bitcoin Depot Inc., a Bitcoin ATM operator, has expanded the footprint of its BDCheckout program to more than 400 retail locations in Iowa and Louisiana. BDCheckout enables consumers to fund digital wallets with cryptocurrency at checkout through Bitcoin Depot’s network of merchants. Consumers can access BDCheckout at 246 convenience stores …

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Consumers Are Paying Record High Out-of-Network ATM Withdrawal Fees

ATM owners are charging consumers a record high $3.15 per transaction for making out-of-network withdrawals, up slightly from $3.14 a year ago, according to Bankrate.com. The new high is also the 22nd time in the last 25 years that out-of-network fees levied by ATM owners have hit a new high. …

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Contactless And Mobile Wallets Are Gaining Ground Among Debit Users, a Pulse Study Finds

Consumer affinity for in-person transactions that reduce points of contact are taking hold as contactless payments made with debit cards swelled to 16% of the U.S. card-present share last year from 8% in 2021. It’s a similar story with debit cards used with mobile wallets. Their use increased from 5% …

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Citizens Pay Adds Apple POS Financing Option And Other Digital Transactions News briefs from 8/18/23

Upgraded, a service that lets Apple MacBook buyers pay over time, announced it is launching in the United States in a partnership with Citizens Pay, a point-of-sale financing service of Citizens Bank. Adyen NV, a Dutch payments platform that competes in the U.S. market against companies like Stripe, Fiserv, PayPal, …

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Sesame Credit Builder Debuts And Other Digital Transactions News briefs from 8/16/23

Credit Sesame, which allows consumers to access their credit information, launched a Mastercard debit card called Sesame Credit Builder. The card is aimed at enabling consumers to build a credit history via routine transactions. NCR Corp. announced the U.S. Securities and Exchange Commission has declared effective a Form 10 registration statement …

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Digital Transactions