Point-of-sale

December, 2024

• 9 December

  DataVisor Launches Real Time Fraud Detection

  

  DataVisor Inc., a fraud- and risk-management solutions provider, early Monday announced the launch of an artificial intelligence-based platform that measures hot spot, distinct count, and high-frequency data in real time. The ability to measure these three data points in real time helps speeds the identification of potential fraud threats, which …
• 9 December

  Google Sues the CFPB After the Agency Slams Google Over a Wallet It No Longer Offers in the U.S. Market

  

  Google Inc. has sued the Consumer Financial Protection Bureau following the CFPB’s action Friday asserting federal supervision of the company’s Google Pay wallet. In the suit, filed in U.S. District Court in Washington, D.C., the same day the CFPB acted, the tech giant argues the case targets a payment service …
• 9 December

  WSPN’s Fractal Cooperation and other Digital Transactions News briefs from 12/9/24

  

  The Worldwide Stablecoin Payment Network, known as WSPN, said it will work with Bitcoin platform Fractal to help widen stablecoin access. The global market value for parking-management systems, including payments processing, will grow from $5.59 billion this year to $11.29 billion in 2034, a compound annual growth rate of 7.3%, according …
• 6 December

  COMMENTARY: How Endpoint And Mobile Device Management Can Help Crack Down on Risk 

  

  Financial firms live and die by their reputation. While we know that, with credit unions, insurance companies, and holding companies, the result of a cyberattack could mean funding challenges, reputational damage, and even insolvency, what many don’t know is that, today, around 70% of business risks enter through an endpoint …
• 5 December

  Toast And Uber Expand a Delivery Partnership; SoundHound Rolls Out AI Ordering at Torchy’s Tacos

  

  Hospitality point-of-sale company Toast Inc. has expanded its partnership with Uber Technologies Inc. to enable restaurants using Uber’s delivery service to reach customers through more channels and lower their delivery costs. Toast will integrate its platform with Uber Direct, Uber’s on-demand delivery platform that enables businesses to take orders through their Web …
• 5 December

  Payments Execs Head into Government As Fiserv And Shift4 CEOs Are Nominated for Key Federal Roles

  

  President-elect Donald Trump has nominated Fiserv Inc. chief executive Frank Bisignano to be the next commissioner of the Social Security Administration, headquartered in Woodlawn, Md. The move follows by a day news that Trump has named Jared Isaacman, founder and chief executive of Shift4 Payments Inc., a Fiserv rival, to …
• 4 December

  OwlTing Partners With MoneyGram; Nuvei Enables Blockchain Payment in Latin America; Nacha’s Crypto Report

  

  OwlTing Group, a blockchain-technology company, is working with MoneyGram International Inc. to support cash-in transactions from local fiat currencies to USD Coin in its OwlPay Wallet Pro service at nearly 50,000 MoneyGram locations in 30 countries. OwlPay Wallet Pro is a blockchain-based, unhosted digital wallet that enables cross-border transactions. USD Coin is …
• 4 December

  Diebold Nixdorf’s Windows 11 ATM Move and other Digital Transactions News briefs from 12/4/24

  

  ATM maker Diebold Nixdorf Inc. said two bank clients in Central Asia are the first to launch ATMs using Microsoft Windows 11. Block Inc.’s trio of payments platforms—Square, Afterpay, and Cash App—processed a record 144 million consumer transactions over the Black Friday through Cyber Monday period, up 17% from the same time …
• 3 December

  Strong Monday Sales Cap a Strong Start to the Holiday Shopping Season

  

  Online sales continued to surge on Cyber Monday, totaling $13.3 billion and up 7.3% from Cyber Monday last year, according to Adobe Digital Insights. During the peak shopping hours of 8 p.m. to 10 p.m., consumers spent $15.8 million per minute. Cyber Monday capped a strong five-day sales period from …
• 3 December

  Evolv Acquires EnzoPay and other Digital Transactions News briefs from 12/3/24

  

  Payments acceptance provider Evolv Inc. said it will acquire payments provider EnzoPay and rename it Evolv Mid-Atlantic. Terms were not disclosed. The Fiserv Small Business Index dropped two points to 144 in November from October. Year-over-year small business sales increased 4.8% and total transactions were up 9.1%. Month-over-month sales were down 1.6% and transactions …