Sunday , March 23, 2025

Marketing

Cash Still Looms Large for Merchants. Brink’s Is Signing Processors to Tackle the Issue

Lost in much of the conversation about digital payments, particularly since the onset of the pandemic, is what to do about the cash merchants take in. The Brink’s Co., which has been hauling and securing cash since 1859, says it has an answer, and on Tuesday it announced it also …

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Restaurant Chain Checkers Rolls Out an AI-based Voice Ordering System

As part of its drive to increase operating efficiency, Checkers Drive-In Restaurants Inc. is rolling out an artificial intelligence-based voice-automated ordering system. The system will enable consumers to place orders at the drive-thru lane of corporate-owned Checkers and Rally’s restaurants without the assistance of a restaurant employee. Checkers, which specializes …

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Prepaid Card Volume Forecast and other Digital Transactions News briefs from 1/10/22

Transactions on prepaid cards worldwide reached $2.3 trillion last year and will exceed $4.1 trillion in 2026, according to Juniper Research. Over the same time span, fee revenue will grow from $22 billion to $32 billion.Payments fintech AppTech Payments Corp. said it closed on a $15-million public offering and announced its listing on the …

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U.S. Bank’s Real-Time Bill Payment for Consumers Coming and other Digital Transactions News briefs from 1/7/22

U.S. Bank said it will launch in the first quarter a real-time payments component to its bill service. It will use the Request for Payment tool that is part of The Clearing House Payments Co. LLC’s Real Time Payments service. The same service launched for U.S. Bank business customers in November.Cloud-software …

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PayFacto Strengthens Its Hand in Restaurant POS With an Acquisition of Online Ordering App iShop

PayFacto Inc., a payment solutions provider specializing in the hospitality industry, announced Thursday the acquisition of iShop, a technology provider for restaurants. The deal, for which terms were not disclosed, gives Montreal-based PayFacto an in-house online-ordering solution, something the company found was missing in its technology stack. As a result, …

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Eye on Crypto: CSI Ushers Community Banks Into Bitcoin; MoneyGram Invests in Coinme

Dismissed until recently by many in the payments industry as a fantasy, cryptocurrency as a payments medium continues to step toward center stage. Early Thursday, transaction processor Computer Services Inc. said it will work with NYDIG to help community banks support their customers who want to buy, sell, or hold …

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VeriCheck Acquires Applied Payments and other Digital Transactions News briefs from 1/6/22

Fintech VeriCheck Inc. announced it has acquired Applied Payments LLC, which does business as ACHWorks, a payment-services provider specializing in automated clearing house transactions. Terms were not announced.Buy now, pay later provider Afterpay Ltd. said in-store shopping from its customers soared 384% year-over-year for the Oct. 1 to Dec. 27 period. Afterpay, available in …

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Synovus Launches Virtual Mobile Commercial Cards for Workers, Vendors, And Others

As part of its strategy to bring digital- and mobile-banking experiences to its customers, Synovus Financial Corp. has introduced a mobile virtual commercial credit card. The Visa Inc.-branded cards, which businesses can generate and send to employees, vendors, and contractors through a mobile app, will be enabled in a digital …

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Adyen Unveils a Line of All-in-One Android Devices for Mobile POS Deployments

Adyen Inc., known for its e-commerce payment services, on Tuesday launched a range of mobile point-of-sale devices running on the Android operating system. The new multifunction terminals are available in the United States, the United Kingdom, and the European Union. Adyen, which is based in Amsterdam but maintains offices in …

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Rev USA Wallet Launches and other Digital Transactions News briefs from 1/5/22

Rev USA, a unit of Rev Worldwide Inc., announced a nationwide launch for its X World Wallet, app-based account that includes features such as loyalty and travel bookings and can be linked to physical and digital Visa cards.Computer Services Inc., a payments processor for financial institutions and corporate clients, reported …

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Digital Transactions