News

June, 2018

• 5 June

  Adyen Moves Toward Stock Offering, Sets Its Valuation at up to $8.3 Billion

  

  Dutch payment processor Adyen B.V., which has a major U.S. presence, took another step toward its planned stock sale Tuesday when it published an offering prospectus and estimated its market capitalization at between €6.5 billion and €7.1 billion ($7.6 billion to $8.3 billion). Fast-growing Adyen is one of the most-watched …
• 5 June

  With Consumer Adoption of EMV Rampant, Pockets of Merchants Work to Catch up

  

  Merchants, especially those reliant on point-of-sale software, continue to find themselves catching up to consumers when it comes to EMV adoption. But Rent Centric Inc., developer of browser-based software for the auto-rental industry, is the latest to make EMV acceptance available to its clients. Toronto-based Rent Centric says it now …
• 5 June

  As Interest in Crypto Trading Grows, Blockbid Adopts Brand-Name Risk Solutions

  

  In their short history, trading platforms specializing in cryptocurrency have struggled with the suspicion of some that they are helpmates for shady activities that depend on anonymity. To dispel that notion, the Australian exchange Blockbid Pty Ltd. on Tuesday said it is working with LexisNexis Risk Solutions and ThreatMetrix to …
• 5 June

  InComm Buys Gift Card Impressions and other Digital Transactions News briefs

  

  Prepaid card payments provider InComm announced it has acquired Gift Card Impressions, a provider of gift card packaging and solutions. Terms were not announced. Payments processor Adyen announced a direct application programming interface integration with Mastercard Inc.’s Account Updater service. Visa Inc. announced two initiatives to aid financial technology companies in …
• 4 June

  Eye on Online Payments: Paysafe’s New Cash Option; Apple Pay Tests Order-Ahead Feature

  

  Cash-oriented consumers are getting another option to shop online with the debut of Paysafe Group’s Paysafecash. And Apple Inc. recently tested an order-ahead feature for Apple Pay, according to a news report. London-based Paysafe , which Monday closed it deal to buy U.S. merchant acquirer iPayment, says Paysafecash is already live …
• 4 June

  Eye on Mastercard: An Assist for FIs on Artificial Intelligence, And New ATM Services

  

  With demand for artificial-intelligence capability soaring across most industries, Mastercard Inc. on Monday announced it is making the technology available to client institutions through a program it calls AI Express. Also on Monday, Mastercard and ATM maker Diebold Nixdorf Inc. unveiled a pair of new cardless ATM features. The new …
• 4 June

  New Harbortouch POS Device Debuts and other Digital Transactions News briefs from 6/4/18

  

  Harbortouch, a unit of Shift4 Payments, debuted Checkout, a point-of-sale system with features to aid retailers, including inventory tracking and management, time-clock and scheduling tools, and text and email marketing. Checkout is aimed at independent and small-chain retail stores, the company said. The Securities and Exchange Commission is investigating alleged insider …
• 1 June

  A Google Search Aid Offers Square, Clover, and Lightspeed POS Integrations

  

  Small merchants that use Square, Clover, or Lightspeed point-of-sale systems have a simpler way to get their products listed online and potentially reap better placement among Google search results following the integration of a service called Pointy into the three POS system providers. Pointy, based in Ireland, supplies merchants with …
• 1 June

  Heartland Accuses Former CEO Carr of Giving Girlfriend Money for Improper Stock Purchase; Carr Calls It a ‘Smear Campaign’

  

  Heartland Payment Systems, now a subsidiary of merchant acquirer Global Payments Inc., filed a lawsuit this week accusing its former chief executive Robert O. Carr of breach of fiduciary duty by giving a woman described as his girlfriend approximately $1 million to buy Heartland stock before Global Payments’s offer to …
• 1 June

  Delaware Moves to Wider Sports Betting As States Look to Exercise Newly Granted Discretion

  

  Delaware will begin allowing single-game sports betting at three casinos starting June 5, the state announced on Thursday. The move makes Delaware only the second state to allow single-game bets and represents the latest result of the U.S. Supreme Court’s decision last month to strike down a 26-year-old law that …