Shift4 Payments LLC has made another acquisition. The acquiring player behind the Harbortouch brand purchased Melville, N.Y.-based CurvePay, which was backed by IRN Payment Systems, Shift4 announced Tuesday. Terms were not disclosed. It was only two weeks ago that Allentown, Pa.-based Shift4 Payments finalized acquisitions for three hospitality point-of-sale providers, …
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Network Merchants LLC has agreed to acquire Creditcall, a United Kingdom-based payment gateway provider, processor, and vendor of EMV kernel software. Terms of the deal, including a price and an estimated closing date, were not disclosed in NMI’s official announcement. Roy Banks, NMI’s chief executive, tells Digital Transactions News the …
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After announcing a coming rebranding for its Android Pay mobile and online payment service in January, Alphabet Inc.’s Google subsidiary on Tuesday formally unveiled the new Google Pay. But the rebranding, centered on a new mobile app for Android devices, is a work in progress, with more changes and new …
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NthCard LLC, a prepaid gift card processing and distribution firm, launched nthPOS, an app for Android, iOS, and Windows 10 devices that enables merchants to activate, redeem, and reload gift cards using a mobile phone or tablet. Fraud-management vendor Giact Systems LLC announced it and Advanced Fraud Solutions are offering a …
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Stolen identity information obtained by several Russian defendants named in Special Counsel Robert S. Mueller’s indictment, released last week, was used to create fraudulent PayPal Holdings Inc. accounts. The defendants were named in connection with alleged activities surrounding the 2016 presidential election. The indictment provides details about an alleged conspiracy …
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Capping an eventful week for cryptocurrencies, Bitcoin is now trading above $11,000 for the first time in three weeks. Even more important, the fees its users must pay when they spend Bitcoin—which had soared into the stratosphere in recent months— have crashed back to earth, according to data available Monday …
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Some 61% of consumers surveyed in the fourth quarter by New York City-based Auriemma Consulting Group cited a debit card as their most frequently used card, up from 52% a year earlier. Only 24% named a credit card, down from 35% at the end of 2016. “Based on our consumer …
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BuyerDocs has been formed to secure wires for down payments made by home buyers from hacking, phishing, imposters, and spoofing. Wire fraud plundered approximately $1 billion from the real-estate industry in 2017, the company says. The Smart Payment Association and payment card manufacturer CPI Card Group Inc. announced that CPI …
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The efforts of 18 U.S. senators to persuade the Senate Appropriations Committee to honor state laws for legal cannabis are not expected to sway Visa Inc. and Mastercard Inc. to drop their prohibitions on marijuana-related purchases over their networks. Earlier this week, a group spearheaded by Sens. Michael Bennett (D) …
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The cryptocurrency Litecoin was still riding high Friday morning following a mid-week announcement that a new entity called LitePay Inc. will provide merchant processing in 41 countries, including the United States, starting Feb. 26. As of mid-morning, Litecoin traded at $220, up 38% from $160 at noon Tuesday. Also this …
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