CloudPay, a provider of employee payment solutions, is partnering with Visa Inc. to enable payroll to be deposited directly to employee debit or credit cards through Visa Direct, Visa Inc.’s real-time payment network The new service is expected to provide employees immediate access to their funds compared to the two …
Read More »A Link to Plaid Lets Green Dot Leverage Open Banking for Its New GO2bank Mobile App
Underscoring the rising profile of open banking in consumers’ financial lives, Green Dot Corp. early Tuesday said it has completed an integration for its GO2bank mobile banking app with the Plaid Exchange network from Plaid Inc. The move will connect users of Green Dot’s app, launched only in January last …
Read More »Mobile Tax Payments up 27% and other Digital Transactions News briefs from 3/15/22
Payments provider ACI Worldwide Inc. said its data indicate the number of tax payments made via a mobile device has increased 27% over the same time last year, while the dollar value has climbed 40%. Tax payments via credit card are up 13%, and have increased 8% by debit card. Dollar value …
Read More »BigCommerce Partners With Bolt to Offer Easier One-Click Checkout for Merchants
As e-commerce merchants look to make checkout faster and more convenient for a rising volume of online customers, e-commerce platform provider BigCommerce Holdings Inc. is partnering with Bolt Financial Inc., a developer of cloud-based checkout, payments, and fraud prevention solutions, to more quickly enable BigCommerce merchants of all sizes to …
Read More »Texas Roadhouse Partners With Ziosk to Roll Out a Tableside Ordering And Payment Platform
With consumers starting to dine out again, improving their dining experience through digital ordering and tableside payments solutions is becoming a pressing need for restaurants. Texas Roadhouse has become the latest restaurant chain to take the digital plunge, implementing Ziosk’s Cloud Commerce Platform for digital tableside ordering and payments. The …
Read More »BofA Brings Positive Pay to Its CashPro App As Same-Day ACH Builds Momentum
With momentum accelerating behind faster payments on the automated clearing house, fraud prevention is taking on a higher profile at the nation’s banks. In the latest move, Bank of America Corp. on Thursday introduced ACH Positive Pay on its CashPro mobile app. The move will let app users review and …
Read More »eBay To Launch its Own Digital Wallet and other Digital Transactions News briefs from 3/11/22
E-commerce platform eBay Inc. announced it is launching a digital wallet, its first, to allow sellers to use proceeds from their sales to make purchases or pay for selling expenses.The Western Union Co. has suspended operations in Russia and Belarus in response to Russia’s invasion of Ukraine. The move follows decisions by other global …
Read More »Diebold Nixdorf’s New Retail Platform and other Digital Transactions News briefs from 3/10/22
Diebold Nixdorf Inc. launched its Vynamic Retail Platform that includes functions such as checkout, loyalty program management, retail management, and compliance.Visa Inc. said it completed its $2.15 billion acquisition of Tink, an open banking platform. Announced in June, the acquisition gets Visa access to 3,400 financial institutions in Europe. Stockholm-based Tink will operate …
Read More »Fiserv Lays out a $10-Billion 2025 Revenue Goal for Its Merchant-Acquiring Business
When Fiserv Inc. acquired First Data Corp. three years ago, the Brookfield, Wis.-based fintech took on an enormous commitment to the merchant-acquiring business. Late Tuesday, Fiserv’s top management made clear just how big that commitment is, how fast it’s growing, and how big it will get. “We see a clear …
Read More »Targeting Growth Markets, PayNearMe Scores Walgreens for Its Merchant Network
Bill-payment platform provider PayNearMe Inc. will dramatically expand its merchant network with the addition of Walgreens Co. in an agreement announced Wednesday. The pharmacy chain adds nearly 9,000 Walgreens and Duane Reade locations to PayNearMe’s merchant network, bringing the company’s total to more than 40,000 retail locations. PayNearMe’s platform lets …
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