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 …
Read More »
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 …
Read More »
March 31, 2022
Acquiring, Competitive Strategies, E-Commerce, Fraud & Security, Mobile Commerce, Transaction Processing
Retailers worldwide lose billions every year due to chargebacks, and a significant and growing portion of them are a result of chargeback fraud. However, it doesn’t have to be that way if businesses are proactive about implementing the right prevention strategies. Chargeback fraud can be defined as when an individual …
Read More »
March 31, 2022
Acquiring, ATMs, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Issuing/Originating, Law and Regulation, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
The PCI Security Standards Council published version 4 of the PCI Data Security Standard. Features of the new standard include, among other changes, updated firewall terminology and a requirement to implement multi-factor authentication for access to the cardholder data environment.Processor Adyen said it is expanding beyond payments to offer embedded financial products, including Adyen …
Read More »
March 30, 2022
Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Featured, Fraud & Security, Mobile Commerce, Point-of-sale
Payments providers are increasingly resuming business-as-usual as the pandemic eases, but so are criminals. Losses from identity-fraud schemes, in which fraudsters use stolen payment credentials for their own gain, soared 79% last year to $24 billion, according to a study released Tuesday by Javelin Strategy & Research. Moreover, this so-called …
Read More »
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 …
Read More »
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, …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
