Friday , November 15, 2024

Search Results for: digital payments

InComm’s Vanilla Visa Debuts in Mexico and other Digital Transactions News briefs from 12/20/19

InComm, a provider of payments processing for the prepaid market, launched its Vanilla Visa prepaid and gift cards in Mexico.Levelset, a payments provider for the construction industry, announced a $30-million funding round led by Horizons Ventures.Butterfly Network Inc., provider of a handheld ultrasound application for mobile devices, said its technology …

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Point-of-Sale Chip Transactions Exceeded Non-Chip Payments in 2018, Fed Data Show

Chip-based transactions at the point of sale totaled more than non-chip payments for the first time in 2018, just three years after the United States began in earnest to convert payment cards and point-of-sale devices to the EMV chip standard, according to the latest Federal Reserve Payments Study, released Thursday.  …

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EVO’s U.K. Discover Expansion and other Digital Transactions News briefs from 12/19/19

EVO Payments has agreed to enable merchants it serves in the United Kingdom and Ireland to process transactions on the Discover, Diners Club International, and affiliate card networks. Merchants served by EVO in other markets are expected to come online for Discover in 2020.Antivirus protection provider Avast said a survey it …

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Payrailz To Test Bill Pay Exchange and other Digital Transactions News briefs from 12/18/19

Payrailz LLC, a payments provider for financial institutions, said it will pilot Mastercard Inc.’s Bill Pay Exchange, a real-time bill-payment service.Facebook Inc. and Alphabet Inc.’s Google unit claimed the first and second slots on Dashlane Inc.’s annual list of “worst password offenders” in 2019, Facebook for exposing passwords linked to “hundreds …

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Clover Adds Recruiting App and other Digital Transactions News briefs from 12/16/19

Point-of-sale payments technology provider Clover, which is owned by Fiserv Inc., added JazzHR, a recruiting app, to its Clover App Market, which is aimed at small businesses.Splitit Payments Ltd., a global provider of point-of-sale installment payments, announced it reached $3 million in merchant sales over the four-day stretch from Black Friday through …

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Virtual Fare Card Test Coming to Washington, D.C. and other Digital Transactions News briefs from 12/13/19

The Washington Metropolitan Area Transit Authority, which serves the area in and around the nation’s capital, plans next year to start allowing users of Apple Inc. devices to pay at fare gates with their iPhones and Watches using a virtual version of the agency’s SmarTrip card, according to The Washington Post. Android …

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Bill Ready Going to Google and other Digital Transactions News briefs from 12/12/19

Departing PayPal Holdings Inc. chief operating officer Bill Ready in January will assume the role of head of commerce at Alphabet Inc.’s Google unit, TechCrunch reported. PayPal announced in June that he would leave the company at year’s end. Ready came to PayPal in 2013 as a result of the company’s $800-million …

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Alleging Digital Wallets Are Not Prepaid Products, PayPal Sues the CFPB Over Its Prepaid Rule

PayPal Holdings Inc. on Wednesday sued the Consumer Financial Protection Bureau alleging the regulatory agency’s 8-month-old prepaid rule represents a “category error” and a violation of the First Amendment, and should be vacated by the court. The lawsuit, filed in the U.S. District Court for the District of Columbia, charges …

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New York Straphangers Give Contactless Payments a Boost

The New York City area’s Metropolitan Transportation Authority on Wednesday activated 96 contactless card readers in Manhattan’s Penn Station, one of the nation’s busiest transit hubs, in its quest to accept contactless payment cards and mobile-payment apps across its vast subway and bus system by the end of next year. …

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BofA Adding Merchant-Related Information for Cardholders to Its Erica Digital Assistant

Bank of America Corp. next year will enhance Erica, its popular digital financial assistant powered by artificial intelligence, with two new features—one to make its credit and debit card holders aware of which merchants might be storing their card numbers, and another that will issue alerts about possible duplicate charges. …

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Digital Transactions