With card issuers making it easier to dispute a transaction in the two years since the Covid-19 pandemic hit, observers say it has become harder for them to distinguish good customers from bad customers, especially when a transaction is disputed post-purchase. The latter case is when friendly fraud can occur, …
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Flywire Volume up 75% and other Digital Transactions News briefs from 3/3/22
Cross-border payments specialist Flywire Corp. reported its payment volume rose 75% year-over-year in the fourth quarter, to $3.1 billion. Volume for 2021 totaled $13.2 billion, up 76% from 2020.Walmart Inc. announced customers can send remittances from any of its U.S. stores to any of its stores in Mexico for a fee as low …
Read More »Digital River’s New Drop-in Checkout Tech and other Digital Transactions News briefs from 1/25/22
Payments provider Digital River Inc. unveiled Drop-in Checkout, technology that streamlines payments acceptance for brands on Digital River’s platform.Payments provider Shift4 Payments Inc. said it will process payments for Concessions International, a provider of food-and-beverage technology for airports, at almost 40 of the company’s locations.Cantaloupe Inc., a payments provider for unattended locations, said it …
Read More »Improved Order Accuracy And More Upsells Drove Checkers To Install Automated Voice Ordering
Having committed to rolling out automated voice ordering in drive-thru lanes at its corporate-owned restaurants, Checkers Drive-in Restaurants Inc. expects the new technology will improve order accuracy and significantly increase ticket sizes through more efficient upselling practices. Checkers’ commitment to automated voice ordering, which it announced Monday, comes at a time …
Read More »Restaurant Chain Checkers Rolls Out an AI-based Voice Ordering System
As part of its drive to increase operating efficiency, Checkers Drive-In Restaurants Inc. is rolling out an artificial intelligence-based voice-automated ordering system. The system will enable consumers to place orders at the drive-thru lane of corporate-owned Checkers and Rally’s restaurants without the assistance of a restaurant employee. Checkers, which specializes …
Read More »LINGA rOS and Evertec Pursue Hospitality Market and other Digital Transactions News briefs from 12/30/21
LINGA rOS, a provider of restaurant point-of-sale technology, said it will work with Evertec Inc., a payments processor concentrated in the Caribbean and Latin America, to serve the hospitality market in those regions.Unattended payments provider Cantaloupe Inc. announced Enhance, an artificial intelligence and machine learning technology-based service from Hivery, a data-science company, …
Read More »Cerence Moves a Step Closer to AI-Based In-Car Ordering and Payments
Get ready for even more sophisticated in-car virtual assistance. Cerence Inc., which develops in-car virtual technology, has launched Co-Pilot, its advanced assistant that uses artificial intelligence and vehicle integration to help with such tasks as ordering and paying for a coffee while a mile away. Cerence says its technology—it has …
Read More »New Twists in Online Fraud
No longer content to use a stolen credit card, criminals are targeting e-commerce merchants for everything from customer account data to loyalty points to BNPL fraud. Criminals follow the money, and, with e-commerce booming and more merchants selling online than ever before, it’s no surprise that fraudsters are flocking to …
Read More »Paysafe Relaunches its Partner Program and other Digital Transactions News briefs from 10/19/21
Paysafe Ltd. said it relaunched its U.S. partner program for independent sales organizations, independent software vendors, and financial institutions.Anaheim Arena Management, manager of the Honda Center in Anaheim, Calif., has selected SpotOn Transact Inc.’s Appetize unit to manage all concessions through cloud technology. The move comes in advance of the new National Hockey …
Read More »Bakkt Users Gain Access to Google Pay Crypto Purchases at Merchants Online And in Stores
Bakkt, a digital-asset marketplace, said its users can now load their Bakkt Visa debit cards into Google Pay and use the crypto-backed cards to make online and in-store payments where Google Pay is accepted. The consumer’s digital asset, such as Bitcoin, will be converted to fiat currency for these payments. …
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