Thursday , November 14, 2024

Search Results for: real-time payments

Paysafe To Buy Merchants Choice, but Itself May Be Acquired by a Private-Equity Consortium

In a payments play on acquire and be acquired, Paysafe Group plc announced Friday that it has a deal to acquire Delta Card Services Inc., parent company of independent sales organization Merchants’ Choice Payment Solutions, for $470 million in cash. Separately, United Kingdom-based Paysafe also confirmed that it has received …

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With Same-Day Debits Two Months Away, Experts Urge Measures to Control Expected Risk

As the nation’s automated clearing house network gears up to introduce same-day debits in September, observers are warning that faster processing is likely to open the door to more fraud unless businesses and financial institutions adopt new policies. Some caution the ACH network’s experience so far with same-day credits, which …

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Alive And Starting To Kick

As they rapidly evolve, biometric technologies are certain to play a greater role in payment authentication. But, given consumer acceptance and other issues, just how big this role will be is up for debate. With most new developments in payments, there’s a whole lot of talk before any discernible action. …

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Ripple Rolls Out Remittance Service and other Digital Transactions News briefs

Ripple Labs announced the rollout of a real-time remittance service between Thailand and Japan, based on Ripple’s blockchain. The rollout follows what was said to be the first blockchain-based commercial money transfer across borders, which occurred in April between Spain and Mexico and involved Ripple’s technology. CryptoCoin Creations released its CryptoCoinTracker 2.1, an …

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EDGE, a Universal Card Service, Eyes Coin Users and other Digital Transactions News briefs

• EDGE Mobile Payments LLC, which offers a card-consolidation device, said it is offering users of the former Coin card a discount on the purchase of its EDGE Card. Fitbit Inc. purchased Coin in 2016, and the service was shuttered earlier this year. • PayPal Holdings Inc.’s dominance in e-commerce payments …

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NAB CEO Offers Details on TMS Acquisition and other Digital Transactions News briefs

• North American Bancard Holdings Inc. and Total Merchant Services Inc. will retain their unique brands and products in the immediate future following NAB’s acquisition of TMS, said NAB chief executive Marc Gardner. NAB announced the TMS acquisition last week. “The TMS brand will remain intact, its sales staff remains as …

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‘Passive’ Biometrics Set To Take an Active Role in Payment Fraud Control

With little fanfare, so-called behavioral biometrics began appearing on the radar screens of payment card security executives about two years ago. Now, however, experts predict behavioral biometrics will assume a more prominent role in protecting payment transactions as e-commerce and mobile commerce continue gaining share of retail sales and the …

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New Bots Emerge on Messenger for Eateries, Grocery Delivery, And Money Transfer

Are so-called bots the future of commerce? The digital gadgets took another step in that direction Tuesday with a flurry of announcements at a Facebook conference regarding new bot launches on the social network’s massive Messenger app. Mastercard Inc. said it has enabled its Masterpass digital wallet for use with …

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Set on Claiming a Big Piece of the P2P Pie, Zelle Touts Members’ Volume Already in Hand

Financial institutions are determined not to be left behind as mobile person-to-person payments gain popularity and non-bank players invade the market. On Monday, Early Warning Services LLC, a company controlled by some of the nation’s biggest banks, said its Zelle P2P service has grown to include 20 banks and credit …

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Vantiv To Offer Womply Data Services and other Digital Transactions News briefs

• Merchant processor Vantiv Inc. announced it will work with data-science specialist Womply to offer Vantiv BizShield and Insights, a service for small and medium-sized merchants that offers real-time data, advanced analytics, online reputation management, and threat management. • Processor Global Payments Inc.’s Campus Solutions unit has introduced TouchNet OneCard VIP, which manages access to …

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Digital Transactions