September 4, 2020
Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Electronic Bill Payment, Marketing, Mergers & Acquisitions, Mobile Commerce, Transaction Processing
TransferMate Ltd., a provider of cross-border business-to-business payments technology, said it has won a payments license in Mexico.The Association of International Certified Professional Accountants and CPA.com announced they are seeking applicants for the 2021 startup accelerator program, whose specialty is accounting, finance, and regulatory technology.Cryptocurrency provider Crypto.com launched a French version of its app …
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September 3, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
Online sales in August were 34% higher this year than last, says Signifyd’s Pulse Report for E-Commerce, while small-business sales through August remained steady, finds the latest CardFlight Small Business Report. San Jose, Calif.-based Signifyd Inc., a fraud-prevention company focused on e-commerce, says overall online sales growth reflects the fact that …
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September 3, 2020
Acquiring, Competitive Strategies, E-Commerce, Electronic Bill Payment, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Real-time Payments, Transaction Processing
Walmart Inc. has joined Paymentus Corp.‘s Instant Payment Network for bills paid in Walmart stores. Other users of the network are Amazon.com Inc. and PayPal Holdings Inc.Modern Treasury, a startup payments-technology provider, said clients reconciled more than $100 million on its platform in August, with volume growing at a compound monthly …
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September 3, 2020
Competitive Strategies, Fraud & Security, Issuing/Originating, Transaction Processing
The data networks that connect payments and other financial apps to users’ bank accounts are scrambling to standardize data access by moving to application programming interfaces and away from an older, cruder form of access known in the business as “screen scraping.” The effort comes as financial apps gain popularity …
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September 2, 2020
Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Transaction Processing
Passport Labs Inc., a provider of transportation software, is teaming with Alphabet Inc.’s Google to allow consumers in Austin, Texas, to pay for parking through Google Maps using Google Pay at on-street and municipally controlled parking spaces. Drivers using Google Maps on their iPhone or Android phone to navigate to …
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September 2, 2020
Competitive Strategies, Credit Cards, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Count transactional credit at the point of sale among the payment technologies winning more of the spotlight as consumers tentatively venture out and businesses reopen in the midst of Covid-19’s impact. Mastercard Inc. on Wednesday announced new integrations with the card-issuing processor TSYS and with technology providers that will let …
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September 2, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
CardFlight Inc. released its Small Business Report for Sept. 2 that shows contactless payments made at more than 65,000 small businesses for the week of Aug. 24-30 were up 140.3% from the base week of March 2 to 8. The report also predicts that there may be up to 50% fewer …
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September 1, 2020
Acquiring, Competitive Strategies, Fraud & Security, Marketing, Point-of-sale, Transaction Processing
The Covid-19 pandemic has been good for the legal cannabis industry. POSaBit Systems Corp., which markets point-of-sale systems and services to the industry, reported second-quarter revenue growth and payments provider AeroPay is working with Safe Harbor Private Banking on a new payments service for the industry. Kirkland, Wash.-based POSaBit says it …
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September 1, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Fraud & Security, Issuing/Originating, Law and Regulation, Mobile Commerce, Point-of-sale, Prepaid Cards, Transaction Processing
Shift4 Payments Inc. will provide tokenization, gateway, and end-to-end payment processing for a digital-commerce platform from Sionic Mobile Corp., according to a joint announcement from the companies. The initial focus is on restaurants, including services for online ordering and existing mobile payment and loyalty apps.Fiserv Inc. announced that starting Tuesday consumers with Alexa-enabled cars or …
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September 1, 2020
Competitive Strategies, Credit Cards, Debit Cards, Featured, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Cashierless technology is spreading as stores hunt for ways to automate service and payments while keeping operating costs in check. The latest example is supermarket chain Giant Eagle Inc., which has teamed up with Grabango Co., a Berkeley, Calif.-based provider of checkout-free technology, to introduce cashierless technology to its GetGo …
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