Thursday , January 9, 2025

Transaction Processing

Cantaloupe Deepens Its Foray Into Sports And Entertainment With a Suite Ordering App

Cantaloupe Inc. has strengthened its hand in the highly competitive market for payments at sports and entertainment venues with the launch of Suites, an order-management application designed for such venues, on Cantaloupe’s Cheq platform. Cantaloupe developed the new app as a way to make it easier for guests in stadium …

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The CFPB Reviews Cash Back at the Point of Sale Amid Concerns of Reduced Access to Cash

Retailers providing cash-back services at the point of sale fill a void for many consumers who may live in so-called banking deserts, the Consumer Financial Protection Bureau says in a new report on the service. Some, however, charge a fee for that access, along with other banking hurdles. The Cash-back …

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Fortis’ New Features and other Digital Transactions News briefs from 8/26/24

Payments provider Fortis Payment Systems announced new features developed in partnership with accounting-software developer Sage and aimed at simplifying payment processes and streamlining back-office functions. Payments provider PayJunction said it has added text-to-pay capability, allowing businesses to accept customer payments through text messages. Meal Ticket, a developer of technology for food-service companies, has launched …

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Shift4 Lays Out $148 Million in Cash for Gift Card Platform Givex

Shift4 Payments Inc. announced Monday it has agreed to acquire Givex Corp., a provider of gift card, e-gift card, loyalty, and POS solutions in an all-cash transaction valued at $200 million Canadian, or $148 million U.S. The acquisition of Toronto-based Givex, which services the restaurant and retail industries, will add …

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TrustCommerce’s Cloud Payments Targets Easier Health Care Payments

TrustCommerce says the first client to use its Cloud Payments integration with Epic Systems Corp.’s health-care software for card-present payments is now live. Chicago-based TrustCommerce says The Ohio State University Wexner Medical Center is the first to use its Cloud Payments integration. Cloud Payments uses Android-based point-of-sale devices from PAX …

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Onfleet’s Shopify Tie-up and other Digital Transactions News briefs from 8/26/24

Onfleet, a delivery management software platform, said its new partnership with Shopify Inc., an e-commerce and point-of-sale platform, integrated Shopify online orders with Onfleet’s platform. Rentvine, a software platform for rent payments and other property-management functions, raised $74 million in growth capital from Mainsail Partners. Businesses in the Asia-Pacific region are adopting …

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A Crypto Exchange Adds Apple Pay And Google Pay As Payment Options

Bitget, a cryptocurrency platform that allows investors to buy and trade cryptocurrencies and altcoins, has expanded the payment options for its digital wallets to include Apple Pay and Google Pay. The addition of Apple Pay and Google Pay, which have a combined user base of more than 650 million, is …

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A New Fraud Tool Clusters Attack Patterns Across Industries

The ever-shifting attacks from online criminals has prompted Sift to launch ThreatClusters, a tool to detect similar fraud patterns across industries to better identify risk patterns. San Francisco-based Sift says traditional fraud-detection models too narrowly focus on a single organization’s data or apply insights too broadly across diverse industries. It …

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Affinity Plus Adds FedNow and RTP and other Digital Transactions News briefs from 8/23/24

Affinity Plus, a credit union, announced it has added a real-time payment service based on FedNow and The Clearing House Payments Co.’s RTP network. Ark Labs said it has closed on a $2.5-million funding round led by Tim Draper, a venture capitalist. The startup says the funding will help it as …

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InvoiceASAP Partners With Adyen on Instant Payouts As Real Time Processing Unfolds

InvoiceASAP Inc., a provider of invoicing and payment technology for small and medium-size businesses, has partnered with Adyen NV to provide merchants instant access to deposited funds. InvoiceASAP will leverage Adyen for Platforms, an end-to-end payments and customer-experience platform, to offer its 23,000 merchants immediate access to pending funds and …

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Digital Transactions