Friday , November 15, 2024

Search Results for: digital payments

NCR Releases a New ATM Software Platform Aimed at Consistency With Digital Banking

NCR Corp. on Monday announced the release of its next-generation ATM software platform. The new platform, called NCR Activate Enterprise NextGen, is intended to remake the ATM user experience to reflect similar applications in other digital-banking channels, according to the company. The idea, NCR adds, is to create a more …

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Debit Use Rises at Restaurants and other Digital Transactions News briefs from 10/5/20

For the week ending Sept. 27, debit card use was up 4.2% at restaurants, not including fast food, and credit card use was down 16.9% compared to the week ending Sept. 29, 2019, according to the Tracking Transaction Trends report from PSCU, a credit union service organization. Debit card use was …

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Nacha Amends ACH Rules in the Face of New ‘Channels’ And ‘Technologies’ for Payments

Nacha has approved eight amendments to its operating rules governing the use of ACH payments. The amendments were approved as part of Nacha’s strategy to modernize the ACH network through infrastructure improvements and to make ACH payments easier to initiate for consumers, businesses, and other organizations. The new rules are …

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Worldline/Ingenico Deal Moves Ahead and other Digital Transactions News briefs from 10/1/20

Ingenico Group S.A. said the European Commission approved Worldline S.A.’s $8.6 billion deal to acquire the point-of-sale terminal maker. Ingenico also said the French financial markets authority set Oct. 15 as the closing date for the tender offer for Ingenico securities. If successful, the acquisition could close Oct. 28, Worldline said.In related news, Ingenico …

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Square Promotes QR Codes for Eateries As the Contactless Technology Gains a U.S. Payments Footing

Square Inc.’s announcement Tuesday of its new QR code service for restaurants helps bring the contactless technology into the limelight, but it’s only the latest in a string of moves payments providers have made in recent months to position the barcode as a payments enabler. In Square’s scenario, eateries that …

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Blackhawk’s New Gift Card Issuing Service and other Digital Transactions News briefs from 9/30/20

Blackhawk Network launched its Issuance and Program Management Solution, a service that enables companies to outsource their gift card and digital gift programs through Blackhawk. The new service is enabled by the company’s recent acquisition of SVM, a provider of open- and closed-loop gift card technology.Payroc LLC said its affiliate invested $2.6 …

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Nuvei Makes a Bet on Colorado and other Digital Transactions News briefs from 9/29/20

Nuvei Corp. said it received a sports betting vendor license in Colorado, enabling it to process payments there for regulated sports betting sites and apps.Mastercard Inc. and ACI Worldwide Inc. said they will collaborate to support real-time payments capabilities, initially for central banks, payments networks, financial institutions, and payments providers.To help businesses …

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While Momentum Builds for Real-Time Payments, Research Tags the U.S. Market As a Laggard

Real-time payments are gaining momentum in the United States, but research released Monday indicates the U.S. market remains a laggard. The total value of so-called instant payments will reach $18 trillion in 2025, but the U.S. share of that market will total just 8%, or $1.4 trillion, according to a …

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Mobile Wallet Debit Card Use Grows and other Digital Transactions News briefs from 9/28/20

Consumers appear to like using their mobile wallets for payments, with PSCU, a credit union service organization, reporting a 70.3% increase in the use of debit cards for the week ending Sept. 20 over the week ending Sept. 22, 2019. Credit card use in wallets was up 50.4%.Some 76% of small-business owners will …

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Cleure Adding Afterpay to Express Checkout and other Digital Transactions News briefs form 9/25/20

Cleure, a marketer of skin-care products, announced it will launch a redesigned Web site whose features include an express checkout with installment-lending capability from Afterpay Ltd.Payments provider Trust Payments said it has joined with property-management software provider Guestline to launch GuestPay, a payment service for hotel managers. The service is available in 25 …

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Digital Transactions