Friday , January 10, 2025

Competitive Strategies

Paying a Price in Mobile Security and other Digital Transactions News briefs from 2/23/18

In the wake of the Florida school shooting, First National Bank of Omaha has said it will not renew an agreement it has with the National Rifle Association to issue a cobranded Visa card. American Express Co. said its cardholders can now use their Membership Rewards points to order items …

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With Unified Token Management, Visa Seeks To Enable Omnichannel Commerce for Merchants of All Sizes

Visa Inc. launched Token Management Service, a service it says will make it easier for users to manage tokenized payment card data from multiple sources and across multiple channels, the card network announced Thursday. Designed to complement the Visa Token Service, the new program provides a way for merchants to use …

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Fit Pay’s Flip Preorders Start and other Digital Transactions News briefs from 2/22/18

The number of Apple Pay users globally increased an estimated 104.8% in a year, from 62 million in 2016 to 127 million in 2017, Loup Ventures, a research-driven venture-capital firm, said. Only an estimated 16% of global iPhone users have activated Apple Pay, the firm said, which added that it is …

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Remember Carrier Billing? It’s Poised to Triple by 2022, Research Indicates

It doesn’t get a lot of attention in these days of EMV, mobile payments, and digital currency, but carrier billing, one of the oldest forms of digital payments, is poised for growth. Total payment volume globally will triple by 2022, rising from $2.9 billion last year to $9 billion, according …

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New Mobile-Wallet Guide Aims To Learn From Past Successful-And Failed-Efforts

A new guide from the U.S. Payments Forum outlines the considerations for selecting a mobile-wallet program and draws upon lessons from past successful and unsuccessful mobile wallets launches. In its white paper, “Mobile and Digital Wallets: U.S. Landscape and Strategic Considerations for Merchants and Financial Institutions,” the Princeton Junction, N.J.-based …

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WEX Notes Transactions Growth and other Digital Transactions News briefs from 2/21/18

ATM network owner and operator Cardtronics plc said fourth-quarter 2017 ATM operating revenues rose 18% year-over-year to $346.2 million, but net income declined 36% to $16 million. The company also said more than 100 financial institutions and 6 million cards were added to its Allpoint surcharge-free network in 2017. Fleet-fueling …

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An Acquisitive Shift4 Payments Buys Taxi Processor CurvePay

Shift4 Payments LLC has made another acquisition. The acquiring player behind the Harbortouch brand purchased Melville, N.Y.-based CurvePay, which was backed by IRN Payment Systems, Shift4 announced Tuesday. Terms were not disclosed. It was only two weeks ago that Allentown, Pa.-based Shift4 Payments finalized acquisitions for three hospitality point-of-sale providers, …

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Gateway Provider NMI Snaps up Creditcall in a Bid for Wider Payment Capabilities

Network Merchants LLC has agreed to acquire Creditcall, a United Kingdom-based payment gateway provider, processor, and vendor of EMV kernel software. Terms of the deal, including a price and an estimated closing date, were not disclosed in NMI’s official announcement. Roy Banks, NMI’s chief executive, tells Digital Transactions News the …

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Google Formally Unveils Its Work-in-Progress Google Pay, the Successor to Android Pay

After announcing a coming rebranding for its Android Pay mobile and online payment service in January, Alphabet Inc.’s Google subsidiary on Tuesday formally unveiled the new Google Pay. But the rebranding, centered on a new mobile app for Android devices, is a work in progress, with more changes and new …

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NthCard Launches Gift Card POS App and other Digital Transactions News briefs from 2/20/18

NthCard LLC, a prepaid gift card processing and distribution firm, launched nthPOS, an app for Android, iOS, and Windows 10 devices that enables merchants to activate, redeem, and reload gift cards using a mobile phone or tablet. Fraud-management vendor Giact Systems LLC announced it and Advanced Fraud Solutions are offering a …

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Digital Transactions