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Search Results for: digital identity

Apple Pay Volume Exceeds 1.8 Billion and other Digital Transactions News briefs from 1/30/19

Apple Pay processed more than 1.8 billion transactions in fiscal 2019’s first quarter ended Dec. 31, “well over twice the volume” of the year-earlier quarter, Apple Inc. CEO Tim Cook told analysts late Tuesday, according to a SeekingAlpha.com call transcript. Apple Pay is now live in 27 countries, most recently …

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BofA’s Zelle Volume Booms and other Digital Transactions News briefs from 1/16/19

Bank of America Corp. reported its customers using the Zelle person-to-person payment network totaled 4.9 million in 2018’s fourth quarter, up by a factor of 2.4 since Zelle’s June 2017 launch. Zelle volume at BofA for the quarter totaled $14 billion on 51.6 million transactions, up from $7 billion on …

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PayJunction’s Integration with RetailOps and other Digital Transactions News briefs from 12/17/18

Technology provider Nxt-ID Inc. said its planned spinoff of its payment assets into an independent, publicly traded company has been delayed until the first quarter of 2019 owing to the company’s inability to come to terms with its primary lender, which holds security interests in the assets targeted for the …

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Cardtronics Lands RaceTrac ATM Placement and other Digital Transactions News briefs from 11/5/18

Cardtronics plc said it is the exclusive ATM provider to 121 RaceTrac convenience stores in the Dallas-Fort Worth area. The ATMs bear the Credit Union of Texas brand. Worldpay Inc. announced a multiyear agreement to be the exclusive provider to the National Association of Convenience Stores Payment Processing Program, which …

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Mitek Rejects Takeover Offer and other Digital Transactions News briefs from 10/11/18

Sarah Friar, chief financial officer of merchant processor Square Inc., will leave the company in December after six years to become chief executive of Nextdoor, developer of a private social-network app for neighborhoods. David Viniar, Square’s lead independent director, will lead the search for a new CFO. Square’s stock fell …

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Paycosmos’ ‘ISO in a Box’ Launches and other Digital Transactions News briefs from 9/25/18

Paycosmos, a provider of virtual and point-of-sale terminals, has teamed with payments provider linked2pay to launch “ISO in a Box,” a platform that offers sales agents support with acquiring and underwriting merchants and help with payments technology. Cashierless technology like that of Amazon Go will account for $45 billion in …

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Nxt-ID To Spin Off Payments Business and other Digital Transactions News briefs from 9/21/18

Nxt-ID Inc. announced it will spin off its payments, authentication, and credential-management assets, including its FitPay unit, into a separate and independent company. It expects to complete the transaction by Nov. 15. Michael Orlando, currently chief operating officer at Nxt-ID and president of FitPay, will become chief executive of the …

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Fattmerchant Makes QuickBooks Online Integration and other Digital Transactions News briefs from 9/19/18

Mobile POS specialist CardFlight released version 5.0 of its SwipeSimple payment-acceptance service. Among the new features are pairing receipt printers and countertop hardware for issuing receipts via a mobile printer; discount options; item images; and a virtual terminal with address-verification support. Payments provider Fattmerchant announced an integration with QuickBooks Online …

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Ingenico In Toshiba POS Deal and other Digital Transactions News briefs from 9/6/18

TableSafe Inc., a provider of tabletop point-of-sale devices, has certified its RAIL platform for EMV chip cards with processor First Data Corp. Ingenico Group announced Toshiba Global Commerce Solutions is offering Ingenico’s payments-acceptance technology and services from its Telium Tetra platform to Toshiba’s  existing and prospective customers. Merchants also can use …

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E-Retailer Adds Google Pay Option and other Digital Transactions News briefs

Online-shopping site jClub Inc. said its customers can check out with a single click on mobile or desktop devices using the Google Pay button. Google Pay is a 3-year-old mobile-payment service from Alphabet Inc.’s Google unit. Facing growing concerns about privacy protections on its popular Venmo person-to-person payments service, executives …

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Digital Transactions