Having posted strong revenue growth in 2021, Payoneer Global Inc., a provider of online money transfer, digital payment services, and working capital to businesses, sees significant growth opportunities in such markets as Latin America, Asia, the Middle East, and Africa.  “These are regions that are in the early stages of …

The Clearing House Payments Co. LLC said transaction volume on EPN, its automated clearing house network, increased 9.6% in 2021. The Clearing House and the Federal Reserve, the only ACH operators in the United States, each handle approximately half the commercial ACH market, TCH said.Buy now, pay later provider Sezzle Inc. said Yapstone …

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, …

Buy now, pay later has been around for years, but since the onset of the Covid pandemic it has soared in popularity, attracting heavyweight payments companies, opening new payment avenues for consumers, and drawing the attention of federal regulators. Late Thursday, Splitit Payments Ltd. was the latest practitioner to report …

Despite the economy reopening after the disruptions caused by the Covid-19 pandemic, e-commerce continues to boom as consumers embrace shopping online from home or via their mobile device.  A recent study from FIS Inc. reveals that e-commerce transaction values in the United States grew 10% in 2021 compared to 2020, …

Shift4 Payments Inc. early Tuesday said it has concluded agreements to acquire international e-commerce acquirer Finaro and cryptocurrency-based donation platform Giving Block in deals valued at $875 million in cash and stock, including future earnout provisions. The latter deal has already closed, while Allentown, Pa.-based Shift4 expects to close the …

The past two years have seen merchants become frequent targets of ransomware attacks, largely due to their weaker cybersecurity practices. The threat only promises to get worse. For cybercriminals, ransomware attacks are easy money. To cash in, hackers need only plant malware on a target’s network to gain entry. Once …

As banks pull ATMs from underperforming off-premise locations, it is creating an opportunity for independent ATM deployers to fill the void, says a report from RBR, a London-based research and consulting firm. The trend, which is being driven in part by banks’ growing emphasis on providing cashless payments to their …

EVO Payments Inc. capped off 2021 as a year of recovery from the impact of the pandemic as its top brass on Wednesday indicated the Atlanta-based processor intends to step up its hunt for acquisitions.  “As we move further into 2022, we look forward to closing our acquisition in Greece …

During the two years since the Covid-19 pandemic hit, point-of-sale technology for enterprise merchants in the United States has gone from being a low-growth channel for POS solution and hardware providers to one that now presents significant growth opportunities, according to a report from Moody’s Investor Service. Sparking the turnaround …