Digital Transactions Authoritative, insightful and timely information for payments professionals
Boosted by profits that mostly exceeded analysts’ expectations, payments companies in August once again beat the major stock indexes even though the markets themselves performed well, according to a new report from Barrington Research Associates Inc. Chicago-based Barrington said Wednesday that 27 publicly traded electronic-transaction processors it tracks posted a …
September, 2018
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6 September
Ingenico In Toshiba POS Deal and other Digital Transactions News briefs from 9/6/18
TableSafe Inc., a provider of tabletop point-of-sale devices, has certified its RAIL platform for EMV chip cards with processor First Data Corp. Ingenico Group announced Toshiba Global Commerce Solutions is offering Ingenico’s payments-acceptance technology and services from its Telium Tetra platform to Toshiba’s existing and prospective customers. Merchants also can use …
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5 September
Badran Exits As President of Alipay U.S. As Alipay Enjoys a Booming Summer Overseas
July and August are big vacation months in China, and this year Chinese travelers’ use of the Alipay mobile-payment service boomed as users ventured abroad, according to figures released Wednesday. In related news, China’s Ant Financial Services Group confirmed on Wednesday that Souheil Badran, who had headed up Alipay’s expansion …
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5 September
PIN-on-Mobile Specialist MyPINPad Secures a Spot on the Thales Hardware Security Module
MyPINPad Ltd., developer of software-based PIN-pad technology, said Wednesday its technology is now embedded in the latest software release of the Thales payShield 9000 hardware security module. Often called PIN-on-mobile, the software from London-based MyPINPad enables secure PIN-pad transactions on consumer-grade mobile devices. Formerly, such transactions only were possible on …
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5 September
Global Payments Completes Its AdvancedMD Acquisition and other Digital Transactions News briefs from 9/5/18
The Electronic Transactions Association launched the ETA Self-Regulation Program, which aims to improve security and reduce risk in the payments industry by identifying and acknowledging underwriters via an attestation process. Merchant processor Global Payments Inc. completed its previously announced $700 million acquisition of medical software provider AdvancedMD. Payments provider CCBill …
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4 September
Eye on M&A: Elavon Buys Electronic Transaction Systems; FIS Sells Certegy Check Services
Merchant acquirer Elavon Inc. has acquired Electronic Transactions Systems Corp., an independent sales organization and business-software provider, Elavon parent company U.S. Bancorp announced Tuesday. Another payment processor, Fidelity National Information Services Inc. (FIS), also reported Tuesday that it sold the assets of its Certegy Check Services unit to a private-equity …
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4 September
Allied Wallet Releases Gateway API Tools and other Digital Transactions News briefs from 9/4/18
Yardi, a payment service for property managers, introduced a feature in its Yardi Bill Pay service that lets managers make payments using single-use Mastercard virtual card numbers issued by Fifth Third Bank. Allied Wallet released what it said are new open application programming interface tools for its payment gateway, NextGen. …
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3 September
Fingerprint Scanning Will Have to Move Over for Facial And Voice ID, Research Says
With mobile-payments volume increasing while confidence in passwords slumps, researchers are predicting big growth for mobile authentication via biometric technology such as facial or voice recognition. In one forecast, from the United Kingdom-based firm Juniper Research, the number of mobile users authenticating themselves by such technology will grow over the …
August, 2018
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31 August
Adyen Touts Its 3-D Secure 2.0 Service As “First” to Market
The first commercial implementation of 3-D Secure 2.0, an online fraud-prevention tool, appears to be here. Processor Adyen N.V. announced Friday the launch of its 3DS 2.0 service, claiming it is the first to be available to merchants. 3-D Secure 2.0 is an EMVCo-maintained standard that aims to curb online …
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31 August
Mangum Leaving Global Payments and other Digital Transactions News briefs from 8/31/18
Processor Global Payments Inc. announced its president and chief operating officer, David Mangum, plans to leave. No details were immediately available about why or when Mangum will depart. Chief executive Jeff Sloan and Cameron Bready, senior executive vice president and chief financial officer, have extended their employment agreements through August …
