Friday , November 8, 2024

JetPay Posts 48% 3Q Revenue Increase and other Digital Transactions News briefs

Payments-technology provider linked2pay said it and Push Payments, a payments processor, have made real-time payments available on linked2pay’s Bank Centric Payments platform.

JetPay Corp. reported a 48% year-over-year increase in third-quarter revenues to $15.2 million; the processor also reported a net loss of $2.9 million compared with a $1.7 million loss a year earlier on higher expenses and a $404,000 non-cash charge.

In its first post-merger quarterly earnings report, Diebold Nixdorf, created by the August merger of U.S.-based ATM manufacturer Diebold Inc. and Germany’s Wincor Nixdorf, reported a 67% year-over-year increase in revenues to $983.3 million and a net loss of $101.8 million.

Prepaid specialist InComm announced it will offer Tender Armor’s CVV+ fraud-prevention technology to its cardholders beginning in 2017.

Processor Jack Henry & Associates Inc.’s ProfitStars unit introduced its RemitPlus Express service that Jack Henry says will simplify remittance processing for companies that bill customers on a monthly recurring basis.

As part of International Fraud Awareness Week, fraud-control services provider LexisNexis Risk Solutions launched an awareness campaign to help organizations guard against identity fraud.

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Digital Transactions