July 12, 2022
Acquiring, Automated Clearing House, Competitive Strategies, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale, Transaction Processing
U.S. consumers have spent $451.7 billion online through June, a 7.5% year-over-year increase, Adobe Inc. said in its Adobe Digital Price Index.Payments association EPCOR announced its acquisition of the Central Oklahoma Clearing House Association, which includes its fraud alert and settlement service. Terms were not disclosed.Payments provider Digital River said it will integrate its Global Seller …
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July 5, 2022
Acquiring, Automated Clearing House, Digital Currency, Electronic Checks, Featured, Point-of-sale, Transaction Processing
Despite increasing its automated clearing house volume in June, Usio Inc.’s overall processing volume is taking a temporary hit as one of its clients, digital-asset broker Voyager Digital LLC, announced it is suspending all buying and selling of cryptocurrency though its platform. San Antonio-based Usio made the announcement about the …
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July 1, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Issuing/Originating, Marketing, Mergers & Acquisitions, Point-of-sale, Transaction Processing
GoCardless Ltd., a specialist in the burgeoning field of account-to-account transfers, strengthened its hand Friday with the acquisition of Nordigen Solutions, a Latvian-based open-banking platform provider, for an undisclosed sum. The deal will allow GoCardless to connect to more than 2,300 banks in 31 countries to enable account-to-account payments, a …
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July 1, 2022
Acquiring, ATMs, Automated Clearing House, Competitive Strategies, Digital Currency, Mergers & Acquisitions, Point-of-sale, Pricing, Transaction Processing
Bitcoin Depot, a Bitcoin ATM operator, launched BDCheckout, an app that lets users in North America load cash to their Bitcoin Depot digital wallets, which can then be used to buy Bitcoin. Bitcoin Depot is working with InComm Payments’ VanillaDirect barcode platform to offer the service.The big French processor Worldline S.A. said …
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June 13, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Digital Currency, E-Commerce, Kiosks & Ticketing Machines, Marketing, Mobile Commerce, Mobile Wallets, Person-to-Person Payments, Point-of-sale
Fiserv Inc. said more than 300 sports and entertainment venues are now using Clover Sport to provide payment and marketing services to fans. Clover Sport is based on Fiserv’s Clover point-of-sale technology.MoneyGram International Inc. launched a service that supports money transfers via the Stellar Network’s public blockchain and USD Coin, a stablecoin from Circle Internet …
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June 8, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Issuing/Originating, Mobile Commerce, Point-of-sale, Transaction Processing
EMVCo reported the number of EMV chip cards in circulation globally has grown by 1.1 billion over the past year to a total of 12 billion. Some 68% of all cards issued are now EMV-enabled and 90% of all card-present transactions use EMV chip technology, according to the global standards body.Paysafe …
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June 6, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Fraud & Security, Issuing/Originating, Marketing, Mobile Commerce, Person-to-Person Payments, Point-of-sale, Transaction Processing
Luma Health Inc. debuted LumaPay, which allows patients to pay medical bills via text messages.U.S.-based payments provider FreedomPay said it is working with Network International to provide digital-payment capability to the hospitality industry in the Middle East and Africa region.Canada-based Kapsch TrafficCom announced it has now manufactured 100 million toll-payment transponders, which are used in …
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June 3, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Real-time Payments, Transaction Processing
Huntington Bancshares Inc. said it is establishing a unit within the bank dedicated to payments strategy and investment. Amit Dhingra has been appointed to lead the group as Enterprise Payments Director.A platform called i-payout said it is launching a real-time service for payouts in the U.S. and Canada. Rather than …
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May 31, 2022
Automated Clearing House, Competitive Strategies, Digital Currency, E-Commerce, Fraud & Security, Marketing, Mobile Wallets, Transaction Processing
Cryptocurrency-based payments platform Wirex listed a new stablecoin, NXUSD, on its platform and added support for it to its digital wallet.In related news, Asia-based crypto-investment platform Bit.Store said it is extending a partnership with crypto-based payments provider Alchemy Pay to add mobile wallets and domestic instant-transfer capabilities to Bit.Store alongside existing credit card and …
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May 27, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Law and Regulation, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Having weathered an industrywide downturn in sales that began during the third quarter of 2021, cannabis-payments processor POSaBIT Systems Corp. late Thursday reported strong first-quarter sales and revenue. Transactions totaled $103 million, a 61% increase from the same period last year, and revenues totaled $6.4 million, up 79%. Same-store sales …
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