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Finalsite Payments Debuts and other Digital Transactions News briefs from 8/22/18

  • Finalsite, a marketing and communication platform for the education industry, launched Finalsite Payments by integrating BlueSnap’s Payments for Platforms service.
  • Fiserv Inc. introduced enhanced authentication techniques specifically aimed at call-center fraud.
  • Mercator Advisory Group Inc. released its “U.S. Faster Payments Forecast, 2017-2021, Update: The Consequences of Faster Payments” research report.
  • Banking trade association The Clearing House released results of a consumer survey about financial-technology apps that found two-thirds of fintech users are very or extremely concerned about data privacy when using such apps.
  • Data-security services provider ControlScan said it is working with Double Diamond Group and Rich Consulting to help payment facilitators manage their own risk as well as that of the merchants they serve.
  • Proposed U.S. tariffs on Chinese point-of-sale components and PIN pads will “impact the cost” of that equipment “without any impact on China’s trade practices,” Jason Oxman, chief executive of the Electronic Transactions Association, testified at a Washington, D.C. hearing about the planned duties.
  • Financial-institution processor Jack Henry & Associates Inc. posted revenues of $517.3 million in its payments segment in the fiscal year ended June 30, up 7% from $481.6 million in fiscal 2017.
  • Mastercard Inc. published its 2017 Corporate Sustainability Report highlighting the company’s efforts to bring financial services to more people, improve the environment, and inspire its workforce.
  • Former Mastercard Inc. and Visa Inc. executive Carol Cosby joined the board of directors of payment-technology firm Switch Inc., whose technology helps banks manage card-on-file and virtual card issues.
  • Former ADP and AON Hewitt executive Brian Radin joined Comdata Inc. as president of the company’s prepaid and payroll card business. Comdata is a unit of Fleetcor Technologies Inc.

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