By Giact Business email compromise (“BEC”) attempts have skyrocketed in recent weeks. According to the FBI, fraud operators are using the “uncertainty surrounding the Covid-19 pandemic to further their efforts.” With many in the U.S. shifting to a work-from-home environments, without the infrastructure and security in place to defend against …
Read More »Search Results for: real-time payments
VizyPay, Clover, And Cash Discounts and other Digital Transactions News briefs from 6/9/20
Independent sales organization VizyPay LLC launched a cash-discount app for Fiserv Inc.’s Clover point-of-sale systems; the app, an extension of VizyPay’s cash-discount program, is available in the Clover App Market.MoneyGram International Inc. reported a doubling of its digital-transaction volume in May from May a year ago. Growth in this category in the first …
Read More »The Next Big Market for ISVs
Here’s a look at the impact integrated payments can have on the vet industry. The global veterinary-services market is projected to reach $200 billion in 2020. Indeed, the landscape is quickly evolving, creating more demanding needs from practice managers looking to reduce costs, improve the customer experience, and generate revenue. …
Read More »Putting It All Together
One of the great lessons for merchants coming through the Covid-19 experience is that one sales channel is not enough. As the impact of the shelter-in-place rules and the closing of non-essential businesses rippled through the economy, one payments technology began to grow in importance: integrated payments. And it took …
Read More »More Online Ordering and other Digital Transactions News briefs from 5/20/20
Forty-five percent of U.S. consumers are ordering online more often than usual as a result of restrictions stemming from Covid-19, and 34% are making more purchases with contactless or mobile-payment options, according to an online survey of 807 U.S. adults by Auriemma Group, a financial-services consulting firm. The firm also surveyed consumers …
Read More »40% of Consumers Pledge To Shop Online More and other Digital Transactions News briefs from 5/13/20
Amid stay-at-home and social-distancing orders, 40% of consumers say they will shop online more in the future than in-store, while 45% are using a mobile wallet and 16% are using paper currency less, according to a survey of 1,030 consumers by Fidelity National Information Services Inc. (FIS). Some 31% will use …
Read More »Cardtronics Eyes Long-Term Covid-19 Business Impact and other Digital Transactions News briefs from 5/8/20
Cardtronics plc chief executive Edward West pointed to a long-term effect from the Covid-19 pandemic that he said could prove beneficial for the company, the world’s largest ATM operator. “We also believe that this crisis will likely accelerate the trend of bank branch transformation as several leading retail banks have already …
Read More »CSI Revenue up 8% and other Digital Transactions News briefs from 5/4/20
Payments processor Computer Services Inc. reported record revenue of $284.2 million for fiscal 2020 ended Feb. 29, up 8% year-over-year. Revenue for the fiscal fourth quarter came to $72.7, also a record, up 14.1% year-over-year. For the coming months, the company said it expects Covid-19 will depress sales of new products and …
Read More »Grocer Publix Activating Contactless Payment Acceptance and other Digital Transactions News briefs from 4/3/20
Supermarket giant Publix said it is installing contactless-payment capability in all 1,242 of its stores in an effort expected to be completed by Saturday. The move will allow customers with mobile devices to pay via Apple Pay, Google Pay, or Samsung Pay. The chain also said it is beefing up efforts to …
Read More »The Surging ACH
No, that’s not an oxymoron. The big, 46-year-old network, with links to virtually every bank in the country, is on a growth tear. Here’s why. One of the biggest untold stories in the payments industry lies ready to hand for anyone who wants to check the numbers. It’s about a …
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