News

February, 2025

• 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 …
• 17 February

  Third Federal Injects Fiserv’s DNA

  

  Third Federal Savings & Loan, a Cleveland-based bank with $17.1 billion in assets, is adopting Fiverv 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 …
• 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 …
• 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 …
• 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 …
• 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 …
• 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, …
• 13 February

  Stripe Teams With Spade on Data Tool for Issuers

  

  Stripe Inc. announced late Wednesday it is partnering with Spade, a provider of real-time merchant intelligence for card issuers, to provide issuers on the Stripe platform with data to verify a merchant’s identity during the authorization process. Spade provides information such as merchant name, category, and geolocation within 50 milliseconds. …
• 13 February

  Payment Attacks Lessen and other Digital Transactions News briefs from 2/13/25

  

  Identity and verification services firm AU10TIX released its “2024 Report on Global Identity Fraud” that found 54% of attacks in the first quarter were against the payments sector but declined to 43% by the fourth quarter because of tougher law enforcement. Euronet Worldwide Inc., a U.S.-based processor operating in Europe, said that …
• 12 February

  Peer-to-Peer Platform Zelle Handled a Record $1 Trillion in Volume In 2024

  

  Zelle, the peer-to-peer payments service from Early Warning Services LLC, announced early Wednesday that dollar volume sent over the network last year totaled a record $1 trillion, up 27% from 2023. Transactions for the year totaled 3.6 billion, a 25% year-over-year increase, while the number of consumer and business accounts …