Electronic Bill Payment

Bot attack volumes increased 41% year-over-year in the first half of 2021, according to the latest Cybercrime Report from LexisNexis Risk Solutions.Outseer, an RSA Security LLC company, said its 3-D Secure technology has processed $100 billion in transactions to date in 2021. It also released its third quarter “Fraud & Payments …

U.S. consumers are spending $273 per month on subscription services on average, up 15% from the average in 2018, yet they estimate they are spending less, according to a poll from consulting firm West Monroe.Payments provider Nuvei Corp. completed its $250-million cash acquisition of SimplexCC Ltd., a cryptocurrency gateway that links exchanges, brokers, wallets, …

While consumers’ use of digital channels to pay bills has risen during the Covid-19 pandemic, one area of bill payment that has lagged in the transition to digital payments is billers that accept cash payments, such as utilities. On Thursday, payment-technology provider InComm Payments and bill-payment platform doxo Inc. announced they …

Till Inc., a rental payment provider, announced four new features enabling tenants to pay rent. One, Budget and Save, enables tenants to allocate rent in smaller installments for their entire rent prior to the due date. Landlords still receive the full rent amount on the due date. Another feature, Rewards …

Working with fintech PayZen Inc., the Geisinger Hospital system is launching a plan that allows patients to make payments over time at zero interest. The plan requires a minimum unpaid balance of $250 after insurance payouts.Mobile-parking app provider PayByPhone said its service now works with more than 2,400 spaces across the campus of …

As part of its strategy to enable merchants to access direct debit payments through software they use already, GoCardless, a London-based provider of account-to-account payment solutions, is partnering with analytics and activation-platform provider Piano to deliver debit capabilities on the automated clearing house network to publishers and brands. The ability …

Responding to consumers’ growing use of digital options for bill payment, ACI Worldwide Inc. announced Monday that it is integrating PayPal and Venmo acceptance into its Speedpay bill-payment service.  The Monroe County Water Authority, which provides water to hundreds of thousands of customers over parts of six counties in the …

Cloud-based point-of-sale maker Revel Systems said Dave’s Hot Chicken restaurant chain will use Revel Enterprise for its POS system. In the first quarter, the chain said its newly signed franchisees expanded the number of locations to more than 400.Payments provider Qualpay said it will process transactions for FuelMor, a software platform for propane suppliers.Buy …

Paymentus Holdings Inc., a provider of cloud-based bill-payment technology, announced Tuesday it has agreed to acquire Payveris LLC, a digital money-movement platform, in a deal valued at $152.2 million. Paymentus will pay 56% of the purchase price in cash and the remainder in Paymentus Class A common stock. The acquisition …

PayPal’s boss made a declaration Wednesday afternoon that may have been as much a warning to incumbent merchant acquirers as it was a promise to storefront merchants. Referring to PayPal’s new transaction pricing schedule, expected to go into effect Aug. 2, chief executive Dan Schulman made it clear PayPal will …