Wednesday , January 15, 2025

Debit Cards

Certegy Debuts White-Label BNPL Option and other Digital Transactions News briefs from 5/20/21

Certegy Payment Solutions LLC added a white-label version of its buy now, pay later service that enables merchants to add their own branded BNPL option.Buy now, pay later specialist Quadpay Inc. said its inaugural “Quadpay Fest” sale, which offered deals to users over a four-day period, saw 40% of purchases on average made …

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Phishing Attacks on the Financial Sector Increased 45% in 2020, Akamai Report Finds

While some parts of the economy slowed in 2020, criminals paid no mind to that as their phishing attacks against companies in the financial sector increased 45% over 2019 to 3.4 billion, Akamai Technologies Inc. found in its “State of the Internet / Security report: Phishing for Finance” released Wednesday. …

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Appetize Payments Served up and other Digital Transactions News briefs from 5/18/21

Appetize Technologies Inc., a provider of point-of-sale technology for the hospitality and entertainment industries, launched Appetize Payments, which combines payment processing with the company’s cloud-based software.Ally Lending, the personal-lending unit of Ally Bank, a subsidiary of Ally Financial Inc., said buy now, pay later provider Sezzle Inc. will offer Ally’s longer-term …

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MagicCube Partners With Dojo to Roll Out i-Accept in the U.K. And Ireland

MagicCube Inc. announced Monday that Dojo, a United Kingdom-based payments provider, will adopt MagicCube’s i-Accept software, which converts off-the-shelf mobile devices into point-of-sale terminals. Dojo will integrate i-Accept into its SoftPos + PIN platform in the United Kingdom and the Republic of Ireland.   The integration is expected to give Dojo …

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COMMENTARY: From the Unbanked to the Digerati, Banks Must Decode the New Payments Landscape

Amid one of the greatest crises in a century, the way we execute commerce and pay for goods and services has seen an acceleration that will be with us long after we return to some semblance of normalcy. The Covid-19 pandemic has accelerated by five years or more the adoption …

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With More than 700 Transit Projects in the Pipeline, Visa Sees Tap-to-Pay Transit Payment Surge

As the veil of the Covid-19 pandemic begins to lift, consumers are beginning to resume some of their daily activities. One is returning to the office. While not all are doing this yet, the expectation is that mass-transit systems will soon see ridership bloom. One indicator is that Visa Inc. …

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The Numbers Behind Younger Users’ Love Affair With Mobile Wallets And Online Banking

While mobile-wallet ownership holds steady at 45%, younger consumers are embracing the payment technology more readily than they were 10 months ago, according to a research from the big processor FIS Inc. As of February, 65% of young Millennials use a mobile wallet, compared to 59% in April 2020. In …

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U.S. Consumer Spending Is Gaining Strength Fast, a New Index Based on Visa Data Shows

Visa Inc. on Wednesday introduced to the general public its Visa Spending Momentum Index, a measure of what the global payments network calls “the health of consumer spending,” and the latest number indicates the U.S. economy is doing far better in the wake of business reopenings. In April, the index …

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Past Its SPAC, Paysafe Logs First-Quarter Gains While Seeking to Expand in U.S. iGaming

Paysafe Group Holdings Ltd. has had an eventful six months, and on Tuesday the big processor indicated it’s going to be busy cultivating its stakes in U.S. online gambling and other specialized markets. “Our goal is to be the leading specialized payments platform,” declared chief executive Philip McHugh during a …

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Repay To Acquire BillingTree and other Digital Transactions News briefs from 5/11/21

Repay Holdings Corp. said it is acquiring BillingTree, which provides payment services to the healthcare, credit union, accounts receivable management, and energy industries, for $503 million. BillingTree was founded in 2003. Repay also released its first quarter results with $47.5 million in revenue, a 20.3% increase from $39.5 million in the 2020 first …

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Digital Transactions