Wednesday , December 18, 2024

Point-of-sale

January, 2022

  • 26 January

    Plaid’s Portal Looks to Give Consumers More Control Over Data Shared Via Apps And Fintechs

    On Tuesday, Plaid Inc., a bellwether of the open-banking movement, announced the availability of Plaid Portal US, a privacy tool for consumers using Plaid’s technology. The move comes as firms that connect financial-services providers with consumer-account data seek to help account owners manage how their information is distributed and used by …

  • 26 January

    Lightspeed Tweaks its Restaurant POS Tech and other Digital Transactions News briefs from 1/26/22

    Payments provider Lightspeed Commerce Inc. announced new features for its Lightspeed Restaurant point-of-sale technology, including order throttling, a feature that helps manage spikes in demand.Software firm Launch Cart said it will introduce on Feb. 2 its On-Demand eCommerce SaaS platform, intended to ease entry into e-commerce for small business owners and entrepreneurs.Payments provider Paysafe Ltd. said …

  • 25 January

    Bluefin Invests in Payfactory to Bring Payments Services to Its Security Clients

    Seeing an opportunity to offer payment acceptance along with its encryption and tokenization technologies to its enterprise clients, Bluefin Payment Systems LLC has invested an undisclosed sum in payment facilitator Payfactory Inc. The investment, which will create a strategic relationship between the two companies, will enable Payfactory to expand its …

  • 25 January

    AmEx Downplays Crypto And BNPL As It Posts a Revenue Jump ‘Beyond Our Expectations’

    American Express Co. saw its crucial travel-and-entertainment business continue to recover in the final three months of 2021, leading top company executives Tuesday morning to express considerable optimism for 2022. But don’t look any time soon for the New York City-based card giant to make any major forays into buy …

  • 25 January

    Digital River’s New Drop-in Checkout Tech and other Digital Transactions News briefs from 1/25/22

    Payments provider Digital River Inc. unveiled Drop-in Checkout, technology that streamlines payments acceptance for brands on Digital River’s platform.Payments provider Shift4 Payments Inc. said it will process payments for Concessions International, a provider of food-and-beverage technology for airports, at almost 40 of the company’s locations.Cantaloupe Inc., a payments provider for unattended locations, said it …

  • 24 January

    No Time to Relax: Data Compromises Reached An All-Time High in 2021

    Data-compromise incidents hit an all-time high in 2021, totaling 1,862, up 23% from the previous record high of 1,506 in 2017, according to the Identity Theft Resource Center’s Annual Data Breach Report. On a year-over-year basis, the number of the compromises increased 68% in 2021, compared to 2020. The number …

  • 21 January

    Pulse Volume Jumps 17.8% and other Digital Transactions News briefs from 1/21/22

    Discover Financial Services reported a net income of $1.1 billion in the fourth quarter, a 37.6% increase from $799 million in the fourth quarter of 2020. Net income for 2021 totaled $5.4 billion, a 391% increase from $1.1 billion in 2020. Discover said volume on its Pulse debit network was $64.8 …

  • 20 January

    Shift4 Expands Its Sports-Stadium Portfolio to T-Mobile Arena in Las Vegas

    Add Las Vegas’s T-Mobile Arena to Shift4 Payments Inc.’s growing list of sports and entertainment venues to which the company provides payment processing. T-Mobile Arena is home to the National Hockey League’s Las Vegas Golden Knights franchise and hosts other entertainment events on the Las Vegas strip.  Shift4 will process …

  • 20 January

    The ACH Posts a Big Quarterly Gain As Same-Day, B2B, And Health-Care Payments Soar

    The nation’s automated clearing house network handled 7.5 billion transactions in the fourth quarter of 2021, up 6.1% over the same period in 2020, Nacha reported Thursday. The growth was driven largely by gains in health-care and business-to-business payments, as well as robust increases in same-day ACH, the network’s faster-payments …

  • 20 January

    Mastercard Track Instant Pay Unveiled and other Digital Transactions News briefs from 1/20/22

    Mastercard Inc. launched Mastercard Track Instant Pay, a platform enabling instant payment of supplier invoices via virtual card transactions supported by machine learning. The service is available in the United States now, with plans to expand globally.Nuvei Corp. has been approved by the New York State Gaming Commission to process payments for …

Digital Transactions