Marketing

With money mule activity on the rise, Nacha, the governing body for the automated clearing house network, has released an infographic to educate consumers about unwittingly becoming money mules. Money mules help criminals launder money from online scams, fraud or crime, such as human and drug trafficking, unknowingly or knowingly. …

With 29 days until Major League Baseball’s opening day on March 28, the New York Yankees have selected Shift4 Payments Inc. as the team’s concessions and retail sales point-of-sale system provider. Announced Wednesday, the deal will see Shift4 payment technology deployed at Yankee Stadium and at the George M. Steinbrenner …

Payments-technology provider Dwolla Inc. announced Tuesday the launch of its open-banking service for mid- and enterprise-sized businesses. The service streamlines businesses’ ability to embed open-banking capabilities within existing applications through a single application programming interface, as opposed to relying on connections to multiple vendors. To further reduce the complexity of …

Payments-technology provider Par Technology Corp. posted fourth-quarter 2023 revenue of $107.7 million, a 10.2% increase from $97.2 million in the corresponding 2022 quarter. It had a quarterly loss of $18.6 million, up from a loss of $13.5 million the year prior. For all of 2023, Par had $415.8 million in revenue, a …

Visa Inc. and the GSMA Mobile for Development Foundation launched Digital Finance for All, a five-year program aimed at increasing access to digital finance for some 20 million persons in Africa, Asia, and Latin America. RevSpring Inc. launched a new scoring model for its Engage IQ service that evaluates the quality of …

A new fast-food and beverage concept called CosMc’s is using the Xenial cloud-based point-of-sale system from Global Payments Inc. CosMc’s is a beverage-first restaurant developed by McDonald’s Corp. with one location so far. Xenial, a Global Payments company, supplies it enterprise-level POS system to CosMc’s. Xenial was originally part of …

Fiserv Inc. is partnering with Genesis Bank to provide low-to-moderate income small businesses in Southern California serviced by the bank access to its Clover point-of-sale technology at a reduced cost. The deal opens the door for low-to-moderate income small businesses a way to access to select Clover technology bundles with …

Restaurant point-of-sale specialist Lavu Inc. notes more than 1 billion orders have been placed on its POS platform. This comes as Lavu starts a restaurant advertising program featuring billboard advertising. Lavu, which debuted with an iOS app in 2010, now has customers in 65 countries. The billboard program, however, harkens …

The Consumer Financial Protection Bureau’s most recent analysis of card issuing practices found that in the first half of 2023 small banks and credit unions tended to offer lower interest rates than the top 25 issuers. For consumers with scores between 620 and 719, the median annual percentage rate for a large …

FIS Inc. said it is working with Banked, an open-banking provider, to develop new pay by bank services for businesses and consumers. Gateway provider Trice Technologies Inc. said it is a technology provider and real-time payments gateway for the RTP network from The Clearing House Payments Co. LLC. Web services and payments provider GoDaddy …