Friday , November 15, 2024

Search Results for: card data

A Remarkable 18 Months

Welcome to Digital Transactions’ August issue, which is also our annual Buyers’ Guide. With this latest edition of the Guide, we thought we’d take a minute away from all the products and vendors that appear in the following pages to look at a few numbers that describe the industry. We …

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MX Expands Its Open Banking Footprint Via Deals With Sionic And FuturePay

MX Technologies Inc. has expanded its reach into the emerging field of open banking through partnerships with Sionic Mobile Corp., a provider of consumer-to-business payments technology, and FuturePay Inc., a provider of digital revolving credit solutions for e-commerce merchants and their customers. Sionic is embedding MX’s instant account-verification and account-aggregation …

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Amazon.com Launches a Digital Wallet to Simplify Money Management For Sellers

To help sellers more easily manage proceeds from sales on their Amazon stores and expand their business globally, Amazon.com Inc. late Monday launched a digital wallet that allows sellers to hold, view, and transfer funds from sales on the marketplace directly to their bank accounts. The wallet, which Amazon announced …

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Albertsons Adds Online EBT Acceptance at More Than 2,200 Stores

A whopping 2,276 more grocery stores soon will accept electronic benefits transfer payments for online grocery shopping. In one move, Albertsons Cos., parent of Albertsons, Safeway, Jewel-Osco, Vons, and Pavilions stores, said the payment option is now available across its stores. Albertsons said more of its 22 brands will add …

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Predators Pick Celero and other Digital Transactions News briefs from 7/22/22

Payments provider Celero Commerce announced it is the preferred processor for the Nashville Predators of the National Hockey League.Datacap Systems Inc. and PAX Technology Inc. announced an integration partnership. Datatcap’s software is now certified on multiple PAX devices.Payments provider ACI Worldwide Inc. extended an agreement with analytics firm IR for real-time transaction monitoring.Marriott International announced …

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MX Introduces Processor Tokens to Enhance Open Banking

In a move to streamline money movement and financial account openings for consumers, open-banking network MX Technologies Inc. on Tuesday unveiled what it calls MXapi Processor Tokens. MX enables fintechs to access consumer financial data, and helps its clients turn raw data into usable form. Token-based application programming interfaces (APIs) …

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Zelle Volumes Climb Quickly for BofA, Surpassing Checks for the First Time

Five years after its launch, the Zelle person-to-person payments service continues to boost payment volumes for one of its founders, Bank of America Corp. BofA reported Monday that its second-quarter P2P Zelle transaction volume hit 239 million, up 26% from 189 million payments a year earlier. The value of the …

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More Than Token Progress: Tokenized Payments Will Hit 1 Trillion by 2026, Juniper Predicts

The total volume of tokenized payment transactions worldwide will exceed 1 trillion by 2026, up from 680 billion this year, according to a report released Monday by Juniper Research. The growth will come mostly from click-to-pay options that allow buyers to pay with a single click, using tokenized credentials, the …

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Car IQ’s App Looks to Bring Fueling to Sunoco Fleet Customers at Nearly 5,000 Stations

Car IQ Inc. has inked a deal with petroleum company Sunoco LP to allow Sunoco’s fleet customers to purchase fuel without a credit card. Businesses, government agencies, and other organizations participating in Sunoco’s fleet program will be able to pay for gas at nearly 5,000 Sunoco stations by summer’s end …

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Lit on Fire by Covid, E-Commerce Will Hit $20 Trillion Globally by 2026, RBR Says

It is generally accepted that the pandemic energized online commerce, but now research is starting to emerge showing just how extensive that effect has been. “Global Payment Cards Data and Forecasts to 2026,” a report released Wednesday by the London-based research firm RBR, indicates e-commerce card spending came to $7.7 …

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