Digital Transactions Authoritative, insightful and timely information for payments professionals
Daystar Payments has launched as a payments processor aiming to sign 1,000 independent sales organizations by the end of 2023, with a focus on attracting minority-owned businesses.Weave, a provider of customer-communication technology, launched a buy now, pay later platform for health-care providers. The company introduced a payment-processing platform in late 2019.The Strawhecker Group, …
July, 2022
-
27 July
MX Expands Its Open Banking Footprint Via Deals With Sionic And FuturePay
MX Technologies Inc. has expanded its reach into the emerging field of open banking through partnerships with Sionic Mobile Corp., a provider of consumer-to-business payments technology, and FuturePay Inc., a provider of digital revolving credit solutions for e-commerce merchants and their customers. Sionic is embedding MX’s instant account-verification and account-aggregation …
-
27 July
Facilitating omnichannel payment solutions is essential to meet consumer demands
By Dustin Siner, Chief Revenue Officer, Agile Financial Systems The COVID-19 pandemic accelerated an entirely new normal within the payments industry. Pandemic-related restrictions forced businesses to adapt accordingly, unveiling a retail experience where consumers had the ability to transact at any point, across multiple channels and devices, wherever and …
-
27 July
Visa’s Kelly Touts Visa Direct to Attack P2P Fraud As the Network Reports a Strong Quarter
Visa Inc. late Tuesday reported a continued recovery in cross-border payments, double-digit increases in U.S. payments volume, and no let-up in the industry’s general shift to contactless payment. It also faced a question regarding Visa Direct and its links to instant peer-to-peer payments services that the Consumer Financial Protection Bureau …
-
27 July
Mobile Payment Use Increases and other Digital Transactions News briefs from 7/27/22
Consumers making a mobile payment at least once a week increased to 58% in the first half of 2022, compared with 46% in the same period in 2021, according to ACI Worldwide Inc.’s latest 2022 ACI Speedpay Pulse survey.E-commerce specialist Signifyd said a survey it commissioned found that 66% of respondents cut back their …
-
26 July
Solutions + Service = Success
Removing price from the sales equation By John Newton Vice President, Strategic Partnerships at First American by Deluxe “Don’t raise your voice. Improve your argument.” This quote by Desmond Tutu proposes that raising your voice is a sign of weakness; an indication that you did not prepare properly, which leaves …
-
26 July
Clover And Carat Help Propel Strong Results for Fiserv
Merchant acquiring is Fiserv Inc.’s largest and fastest-growing business, and in the second quarter it showed no signs of slowing down. Driven by technologies like Clover, a set of point-of-sale gear, and Carat, a fast-growing commerce platform, the acquiring unit posted $1.9 billion in revenue in the quarter ended June …
-
26 July
Amazon.com Launches a Digital Wallet to Simplify Money Management For Sellers
To help sellers more easily manage proceeds from sales on their Amazon stores and expand their business globally, Amazon.com Inc. late Monday launched a digital wallet that allows sellers to hold, view, and transfer funds from sales on the marketplace directly to their bank accounts. The wallet, which Amazon announced …
-
26 July
Waitr Secures MetLift Stadium Deal And Other Digital Transactions News briefs from 7/26/22
Waitr Holdings Inc., which is changing its name to ASAP, said it will be the exclusive mobile ordering platform for the New York Giants, New York Jets, and MetLife Stadium, the venue shared by both teams.The worldwide tokenization market is forecasted to grow from $2.6 billion in 2021 to $12.7 billion by …
-
25 July
Global Digital Cross Border Transactions Are Exploding, a Researcher Reports
With digital domestic money transfers expected to exceed 300 billion transactions globally in 2026, up from a projected 207 billion transactions in 2022, a nearly 50% increase, new players are expected to push the envelope by introducing alternative forms of digital cross-border transfers, such as cryptocurrency and central digital bank …