Sunday , December 15, 2024

Electronic Bill Payment

NAB Acquires Salido and other Digital Transactions News briefs from 9/10/20

Salido, a vendor of technology to the hospitality industry, announced it has been acquired by payments provider North American Bancard. Terms were not announced.MagTek Inc. said PyePOS, a hospitality point-of-sale system maker, will use MagTek’s DynaDip and DynaWave hardware in its quick-serve restaurant kiosks.EBay Inc. announced it will expand its managed-payments program to France, Italy, …

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Eye on Investment: Payments Firms Rev.io, Melio, Thunes, And Mollie Announce Funding Rounds

Evidence emerged Tuesday that Covid-19 fears are far from suppressing investor interest in payments as two U.S. and two European companies announced funding news. Atlanta-based Rev.io, an 18-year-old provider of billing platforms, said it has received a “significant growth equity investment” from Primus Capital. The company did not disclose the …

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COMMENTARY: Is Your Business Paying From the Cloud Or the Checkbook?

Nearly all persons use the cloud in their personal lives, from storing photos and accessing financial accounts to sharing documents and watching movies. But when it comes to the business world, the transition to cloud-based systems has been a slower migration, especially when it comes to business-to-business payments.  While check …

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TransferMate Receives Payment License in Mexico and other Digital Transactions News briefs from 9/4/20

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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Walmart Joins Paymentus Network and other Digital Transactions News briefs from 9/3/20

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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Small-Business Payments Provider Bill.com Logs Double-Digit Gains in Volumes

Payments volumes for small and mid-size businesses are growing at a quick pace, if the latest information from cloud-based payments-technology company Bill.com Inc. is any indication. The 14-year-old Palo Alto, Calif.-based company processed $25.4 billion in payment volume in the June quarter, fully 26% above the volume handled in the …

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EVO Teams With OTI And Other Digital Transactions News Briefs From 8/26/20

EVO Payments Inc. said it will offer payment equipment and services from On Track Innovations Ltd. to independent software vendors and unattended payments merchants.Bluefin Payment Systems LLC announced that Invoice Cloud, an electronic bill presentment and payment provider, will use Bluefin’s point-to-point encryption service.Data security services provider ControlScan Inc. said …

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Digital Services And Clover Help Fiserv Return to Growth in the Wake of a ‘Tumultuous’ Covid Impact

It’s been an eventful summer so far for Fiserv Inc., which was hammered by the recession caused by the Covid-19 pandemic but in July began to regain its footing, according to top executives who spoke Wednesday afternoon. Revenue for the Brookfield, Wis.-based payments processor dipped 1% in June but began …

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Starbucks Expands Reward-Eligible Payment Methods and other Digital Transactions News briefs from 7/21/20

Coffee king Starbucks Corp. announced new options beginning this fall for earning loyalty points, or stars, in the Starbucks Rewards program without paying with a registered Starbucks physical card or card loaded into the Starbucks mobile app. The options to be available at company-owned stores in the United States and Canada will …

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A New E-Commerce Normal? and other Digital Transactions News briefs from 6/11/20

E-commerce sales in Signifyd’s Covid-19 Weekly Pulse Report for E-Commerce dipped 8% for the week of June 2-8 compared to the prior seven-day period. With non-essential retail opening in many states, e-commerce sales may be settling into a new natural level, the report said.Retail sales in the CardFlight Small Business Impact Report for the …

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Digital Transactions