Thursday , April 10, 2025

E-Commerce

Visa Uses AI To Thwart Cyber Monday Fraudsters; Card.com Adds Visa Direct Cross Border Payments

Visa Inc. announced it dealt a significant setback to fraudsters hoping to cash in on Cyber Monday, the busiest online-shopping day of the year, by stopping about 85% more suspect transactions than it did a year earlier. The increase in fraud prevention is significant, as suspect transactions rose 200% globally …

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Zelle Enlists Star Power in a Fraud Awareness Campaign

Zelle, the peer-to-peer payments service from Early Warning Services LLC, will put the detective powers of its S.A.F.E. Squad to work again with the help of actor Christina Ricci in a new education campaign on fraud and scams. This is the second year of the campaign and Ricci’s participation. This …

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Bealls Enlists Buy Now, Pay Later Through Sezzle As BNPL Adoption Expands

Department-store chain Bealls Inc. is adding buy now, pay later as a payment option at its more than 650 stores nationwide. The provider is Minneapolis-based Sezzle Inc. The Bradenton, Fla.-based chain, which operates stores in 23 states, says it is adding the payment option to provide holiday shoppers more flexibility …

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CargoSprint’s Acquisition and other Digital Transactions News briefs from 12/16/24

CargoSprint, a payments processor for the cargo industry, has acquired Advent Intermodal Solutions LLC, which provides technology for port operations, including payments. Terms were not disclosed. The payments network Modern Rails has begun using the FedLine Direct Solution to support connections to the Federal Reserve’s payment-settlement network for banks and credit unions. …

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The ABA’s Letter to the Fed Is the Latest Salvo in the Battle Over Debit Card Interchange

The American Bankers Association on Thursday issued a long and detailed letter it has sent to the Federal Reserve Board to argue its case against a Fed proposal that would reduce a longstanding cap on the interchange banks can earn on debit card transactions. The ABA’s action follows an analysis …

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Extra Bill Pay Costs up 18%, doxo Says and other Digital Transactions News briefs from 12/13/24

So-called hidden costs—such as overdraft charges, late fees, and identity fraud—linked to bill payments amount to $196 billion on an annual basis, up 18% from last year, according to a study from bill-payment platform doxo. Mastercard Inc. released its 2025 payment trends forecast that discusses AI, small business, and contactless payments, which …

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Slope Taps Marqeta for a B2B BNPL Card; Equipifi Partners With Synergent on BNPL

Slope, a provider of buy now, pay later solutions for business-to-business transactions, announced early Thursday it will use Marqeta Inc.’s card-issuing platform to issue a B2B credit card that features BNPL payment options. The card is expected to make it easier for businesses to manage purchases and cash flow by …

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Visa Direct Will Define Real Time As One Minute—Or Less

Visa Inc.’s move to speed up its Visa Direct service to no more than one minute, starting in April, is likely to cement the global card network’s place in the payments industry’s steady movement toward real-time transfers, some observers say. The network, which announced the move early Thursday, says it …

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Nuvei’s Google Pay Expansion and other Digital Transactions News briefs from 12/12/24

Canada-based processor Nuvei Corp. announced an expansion of its Google Pay offering to merchants throughout Latin America. The company already offers the wallet in the U.S., European, Asia-Pacific, and Australian markets. Grocery e-commerce platform eGrowcery said it and Forage, a payments provider that can process online EBT SNAP payments, are working on a service …

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HungerRush Debuts Order Notifications Feature; Condado Tacos Adds Par Technology’s Back Office Apps

HungerRush, a provider of restaurant-management and online-ordering solutions, has sought to strengthen its hand in the highly competitive restaurant point-of-sale market with the launch of a new order-management application. Called Order Notifications, the app automates order status by automatically sending customers text updates on the status of delivery and pickup …

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Digital Transactions