The horrible global pandemic has created a massive shift towards e-commerce, and the fraudsters could not be happier.  Online, the only difference between a legitimate transaction and a fraudulent one is the possession of a small piece of data which the bona fide trader holds, and the fraudster presumably does …

AeroPay, a fintech that provides payment processing service to cannabis businesses, said it and Olla, an e-commerce platform for cannabis retailers, will offer online payments. AeroPay will be integrated as a cashless payment method to consumers ordering online through white-labeled e-commerce sites provided by Olla. Payments are made via bank-to-bank …

Gaming-properties operator Boyd Gaming Corp. launched a digital wallet, working with gaming-technology provider Aristocrat Technologies and payments provider Sightline Payments. The service, called BoydPay, is live at Blue Chip Casino Resort Spa, Belterra Park, and Aliante Casino.Payments provider National Merchants Association launched a program that offers free credit card processing for three months and …

Buy now, pay later specialist Uplift Inc. said it signed new travel brands and experienced a 72% growth in monthly transaction revenue in the 2020 fourth quarter. New clients coming online in the second quarter include Alaska Airlines, Frontier Airlines, Virgin Voyages, and Air Canada Vacations.ACI Worldwide Inc. said it and Gilbarco Veeder-Root, …

As consumers increasingly turn to fintechs rather than banks, money decisions and payments share are shifting away from traditional financial institutions, according to a study from data-analytics firm Fair Isaac Corp. (FICO). Some 34% of consumers have at least one account with, or conduct financial activity with, a nonbank provider, while …

Consumers continue to show affinity for using mobile wallets for payments with debit-based mobile wallet use growing at 59.6% for the week ending Jan. 31, compared to the week ending Feb. 2, 2020, according to the PSCU Tracking Transaction Trends report. Credit-based mobile wallet use was up 35.7%. The results include the …

As consumers pivoted in droves to digital channels for purchases and financial services at the outset of the Covid-19 pandemic, criminals pounced on the trend to perpetrate more fraud and identity theft, according to data from credit-reporting agency TransUnion LLC. Between March 11 and April 28, 2020, when the first …

Givingli Inc., an app provider for virtual greeting cards and gifts, will use the Blackhawk Network platform to allow app users to send digital gift cards.Gateway NMI outlined its 2021 ambitions, including launching a tap-on-phone solution that will build on its recent partnership with Mastercard Inc.’s Cloud Tap on Phone.Gamber-Johnson LLC, a maker of mounting …

Vanco Payment Solutions Inc., a payments provider specializing in the educational and faith-based sectors, said it acquired SmartcareOS LLC, a software provider for child-care centers. Terms were not announced.Entrust Corp., a provider of technology for identity, payments, and data protection, announced it acquired HyTrust Inc., a vendor of data-encryption, key …

Fast-food chain Burger King is depositing $1 into random Venmo accounts to promote the chain’s $1 Your Way Menu, which features all items at a price of $1. Venmo is a peer-to-peer payments provider owned by PayPal Holdings Inc.Blackhawk Network said it has added a capability to order gift cards for curbside pickup …