April 1, 2022
Acquiring, Competitive Strategies, Credit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale, Real-time Payments, Transaction Processing
Some 79% of cybersecurity professionals globally said their organizations had been hit by ransomware within the last 12 months, according to a survey of 620 respondents conducted by Enterprise Strategy Group and commissioned by OwnBackup, a data protection platform.Payments provider Repay Holdings Corp. announced an integration with Flex, a provider of core system …
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March 31, 2022
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Pricing, Transaction Processing
Almost eight years after it launched the Apple Pay mobile-payment service, Apple Inc.’s purported move to bring some of its payment-processing and financial-services operations in-house once again could shake up the payments industry. Just how, though, is a big unknown at the moment. Cupertino, Calif.-based Apple is not commenting on …
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March 30, 2022
Competitive Strategies, Issuing/Originating, Marketing, Point-of-sale, Transaction Processing
For the second time in a week, Fiserv Inc. has taken a plunge into open-banking technology, announcing on Wednesday a partnership with Finicity, a Mastercard Inc.-owned open-banking platform provider. The deal comes hard on the heels of the partnership Fiserv announced last week with MX Technologies Inc. The latest deal …
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March 30, 2022
Acquiring, Competitive Strategies, Credit Cards, Digital Currency, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale, Transaction Processing, Vending
Unattended payments specialist Cantaloupe Inc. launched ePort Engage Combo, a new all-in-one card reader and telemeter, digital touchscreen, and payment platform that can be installed directly over existing bill acceptors.Payments provider Trust Payments has signed agreements with three independent sales organizations—Provident Advisor Group, DPS Card Services, and Card Dynamics—to sell Trust Payments’ new e-commerce …
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March 29, 2022
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mobile Wallets, Point-of-sale, Prepaid Cards
Despite rampant inflation and supply-chain shortages that have made certain products hard to come by, gift cards, whether they are physical or digital, remain popular with consumers. Indeed, 58% of consumers plan to purchase more gift cards as an alternative to tangible products due to inventory shortages in 2022, according …
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March 29, 2022
Acquiring, Competitive Strategies, Credit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Real-time Payments, Transaction Processing
Payments provider Payfare Inc. announced it is adding Visa Direct to its platform to enable real-time payouts to gig workers.Cloud-based payments provider Volante Technologies said it is working with the consulting firm KPMG to offer banks cloud technology for real-time payments, along with an advisory service.Mastercard Inc. is working in the United Kingdom with Temenos, …
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March 28, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Marketing, Mobile Commerce, Point-of-sale
Two years after the Covid-19 pandemic helped make buy now, pay later loans popular with online shoppers, BNPL remains a highly attractive payment option, according to a study by BNPL provider Sezzle Inc. Of the 1,153 online shoppers surveyed by Sezzle, 60% of BNPL users plan to use BNPL more …
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March 28, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Marketing, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
The return of travel following the impact of the pandemic is testing airlines in various ways, not the least of which is their openness to payment methods beyond cards in what for them is a global market. That new emphasis, combined with a need to work with multiple acquirers, is …
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March 28, 2022
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mergers & Acquisitions, Mobile Commerce, Mobile Wallets, Point-of-sale
Papaya Global Ltd., a specialist in payroll, said it has agreed to acquire Azimo Ltd., a cross-border payments platform. Terms were not announced.Canada-based processor Nuvei Corp. said it will provide acquiring and gateway services, along with support for more than 530 alternative payment methods, for Aircash, a mobile wallet based in Croatia.In …
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March 24, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Debit Cards, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Ransomware payments exploded last year, with the average payment rising 78% year-over-year to $541,010, according to data compiled by cybersecurity firm Palo Alto Networks.Blackbaud Inc., a cloud software company serving nonprofits, said clients of its Blackbaud Merchant Services unit can now accept payments via both PayPal and Venmo in the United …
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Digital Transactions Authoritative, insightful and timely information for payments professionals
