October 25, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Issuing/Originating, Person-to-Person Payments, Point-of-sale, Real-time Payments, Transaction Processing
Financial-services technology provider Jack Henry & Associates Inc. launched a real-time peer-to-peer payments platform, based on the Digital Payments Platform from the payments-technology firm Payrailz. Jack Henry acquired Payrailz in September for undisclosed terms.Gr4vy, a U.S.-based payments-technology provider, said Australia’s Woolworths Group will use the company’s payments-orchestration platform to run the retailer’s Wpay service. …
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September 9, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Mergers & Acquisitions, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Lavu, a payments-technology provider specializing in restaurants, said it is partnering with Up ‘n Go, a vendor of contactless-payment technology based on QR codes, for pay-at-table checkouts.Data from the Bank of America Institute indicate overall consumer spending seen by the big bank in August was up 13% over the same month in …
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August 12, 2022
Acquiring, Automated Clearing House, Competitive Strategies, E-Commerce, Mobile Commerce, Point-of-sale, Transaction Processing
Central Payments, a unit of Central Bank of Kansas City, completed a $30 million funding round, which was led by Castle Creek Capital and with more investment from Launchpad Capital. The funding spins the company out from Central Bank.PayGround, a digital wallet for medical bills, launched a “get healthy now, pay …
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August 3, 2022
Acquiring, Competitive Strategies, Digital Currency, Kiosks & Ticketing Machines, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale, Real-time Payments, Transaction Processing
North American Banking Co. said it can offer customers instant payments to and from any financial institution linked to The Clearing House Payments Co.’s Real Time Payment network. The new service relies on NABC’s ExcheQ application and technology from Open Payment Network.Payments provider Waitr Holdings Inc. announced it will provide stadium ordering to …
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July 11, 2022
Acquiring, Competitive Strategies, E-Commerce, Fraud & Security, Mobile Commerce, Point-of-sale, Transaction Processing
Payments professionals Joseph Daly and Eric Kellogg announced they formed Argyle Payments LLC, an independent sales organization that will focus on small and midsize merchants in high-margin specialty markets.Buy now, pay later provider Klarna AB closed on an $800-million funding round aimed at bolstering its stance in the U.S. market. The round values the …
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June 27, 2022
Acquiring, Competitive Strategies, Credit Cards, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing, Vending
Payments platform ISVPay said it is working with Unattended Card Payments, a specialist in unattended hardware, on a full-service unattended payment service.Technology company Fobi AI Inc. has partnered with Barnet Technologies, a vendor of sales and inventory-management software, to launch Bevy Pass, a digital wallet for the retail liquor and hospitality industry.CAI Software LLC, …
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May 23, 2022
Acquiring, Automated Clearing House, Competitive Strategies, E-Commerce, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale, Transaction Processing
Payments provider EVO Payments Inc. announced it has acquired North49 Business Solutions Inc., to enable integrated payment services for businesses using the Sage accounting system. Terms were not announced.Restaurant specialist SpotOn released a report on the impact of inflation on restaurants that found the biggest average price increase was in seafood restaurants, up 19% …
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April 15, 2022
Acquiring, Competitive Strategies, Credit Cards, Digital Currency, Issuing/Originating, Marketing, Point-of-sale, Transaction Processing
Restaurant chain Everbowl said it will accept franchise-fee payments in Bitcoin starting today. The 6-year-old company has 50 locations and plans to open more than 150 additional ones over the next three years.Gemini, a cryptocurrency platform to buy, sell, earn, and store crypto, said its Gemini Credit Card is now available in …
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April 6, 2022
Acquiring, Automated Clearing House, Competitive Strategies, Debit Cards, Digital Currency, E-Commerce, Fraud & Security, Issuing/Originating, Law and Regulation, Marketing, Mobile Commerce, Mobile Wallets, Person-to-Person Payments, Point-of-sale, Transaction Processing
At least a couple of banks—Bank of America Corp. and Wells Fargo & Co.—are proponents of expanding the Zelle peer-to-peer payments service to retail payments, The Wall Street Journal reported. Owned by Early Warning Services LLC, itself owned by seven of the largest U.S. banks including BofA and Wells, Zelle offers account-to-account payments. The …
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March 28, 2022
Digital Transactions Authoritative, insightful and timely information for payments professionals
