Toast Inc. has signed Ascent Hospitality Management, which owns and manages the Perkins American Food Co. and Huddle House restaurant chains, as a client. Ascent will install Toast’s payments platform in 500 Perkins and Huddle House locations initially. Ascent installed the first Toast platform at a Perkins location last fall, the …
February, 2025
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18 February
Eye on Mastercard: New Tools for the Mid-Market; a Feedzai Collaboration Targets Scams
Mastercard Inc. is launching a new service it says will help financial institutions better serve their middle-market business clients. The card brand also is working with Feedzai, a fraud-prevention provider, to help FIs better identify and stop scams. Announced Tuesday, the Mastercard Mid-Market Accelerator suite of products is aimed at …
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18 February
CellPoint’s New Platform and other Digital Transactions News briefs from 2/18/25
CellPoint Digital Holdings Ltd. introduced a new payment-orchestration platform aimed at simplifying travel payments and related orders and offers. Merchant data provider Spade Data Inc. said it will work with Bilt Rewards, a loyalty provider for home and rent payments, to provide more merchant details to Bilt users. PSQ Holdings Inc. said it has …
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17 February
Now Book It Expands to Canada
Now Book It, a vendor of table-reservation and payments software for restaurants in Australia and New Zealand, has expanded to Canada. Canada has more than 100,000 locations that serve food, such as restaurants, cafés and brew pubs, generating $112 billion in annual sales, according to Restaurants Canada. In addition, 23 …
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17 February
Third Federal Injects Fiserv’s DNA
Third Federal Savings & Loan, a Cleveland-based bank with $17.1 billion in assets, is adopting Fiserv Inc.’s DNA platform. Fiserv acquired the core-processing platform in 2013 with an acquisition. Among the platform’s features is an AppMarket. Users can select a variety of payments apps, such as for automated clearing house …
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17 February
InComm’s Red Cross Donation and other Digital Transactions News briefs from 2/17/25
InComm Payments, which has launched the Mastercard Give Hope gift card, has agreed to donate to the American Red Cross $2 from the purchase price of each card sold on mastercardgiftcard.com. Cubic Transportation Systems Inc., a developer of payments technologies for mass-transit systems, announced it is opening an innovation center …
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14 February
How Online Marketplaces Are Making It Easier to Access Tools for Large-Scale Fraud Attacks
Fraud-as-a-service offerings last year made it easier than ever for criminals to perpetrate mega-fraud attacks across payment, social media, and cryptocurrency platforms, says a report from AU10TIX, a provider of identity-verification solutions. Fraud-as-a-service refers to online marketplaces that sell the tools criminals need to perpetrate fraud, such as artificial-intelligence-based tools …
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14 February
Clover, Square, And Epos Now Top a Javelin Ranking of POS Systems for Small Businesses
The days of placing a point-of-sale terminal on a small business’s countertop and calling it enough have long passed. Now, as these merchants—defined as having less than $1 million in annual sales—want just as much varied payment acceptance and operational software sophistication as much larger ones, Javelin Strategy & Research …
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14 February
EasyPark Acquires Rival Parkopedia and other Digital Transactions News briefs from 2/14/25
EasyPark Group, a provider of technology that allows drivers to find and pay for parking, said it has acquired rival parking app developer Parkopedia. Terms were not announced. The health-care fintech Veuu Inc. announced it will work with Wipro Ltd., a consulting company, to develop an instant-payment service for transactions between payers …
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13 February
Global Payments Gets Set for a Rollout of Genius, Its POS Package
Global Payments Inc. will roll out its revamped Genius point-of-sale package of products and services domestically in May as a common brand, with an international rollout late this year, chief executive Cameron Bready assured listeners on a conference call early Thursday. A major repositioning of the Atlanta-based company’s acquiring technology, …