Monday , October 28, 2024

Search Results for: merchants

Cardtronics Feels 7-Eleven Impact and other Digital Transactions News briefs from 11/2/18

ATM network owner Cardtronics plc reported revenues of $340.2 million for the third quarter, down 15% from $402 million a year earlier primarily because of the removal of its ATMs from its former largest retailer customer, 7-Eleven Inc., and currency effects. U.S. same-store withdrawal transactions rose 6%, driven by growth …

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Eye on Mobile: Apple Pay’s Growth Surge Continues; Mitek Cool to Buyout Offer

Apple Pay continues to gain strong adoption, Apple Inc. chief executive Tim Cook reported Thursday. Also on Thursday Mitek Systems Inc., a small but prominent provider of software for mobile remote deposit capture and identity verification, gave a decidedly cool response in its first comments about a $425 million buyout …

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Paya Says Its Deal for Stewardship Technology Positions the Processor Squarely in a Growth Market

Left behind in the last decade’s rush to sign up merchants for electronic payments is the non-profit sector, made up chiefly of faith-based organizations that collect billions of dollars yearly in offerings and donations—most of it in cash and checks. Still, payments providers are starting to pay attention, and on …

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AmEx Announces Small Business Saturday Plans and other Digital Transactions News briefs from 11/1/18

By 2023, in-car commerce will total $265 billion annually on more than 8.2 billion transactions from 775 million consumer vehicles, according to projections from Juniper Research. American Express Co. announced a slate of programs for its ninth annual Small Business Saturday, set for Nov. 24. Mastercard Inc. said it will work with …

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Contactless Cards in America— When, Oh When, Will They Appear?

The United States is way behind other markets in adopting tap-and-go cards. That’s about to change. Thad Peterson explains why. The main benefit of EMV implementation is the virtual elimination of card-present counterfeit card fraud, and that alone is worth EMV’s massive infrastructure investment. But there’s another benefit to new …

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The Long And Bumpy Road to Crypto Acceptance

ISOs have been slow to jump on the bandwagon for digital currency because the list of barriers to mainstream use remains too long. Merchants such as Overstock.com and Newegg.com may be leading the charge to accept Bitcoin and myriad other crypto­currencies, but if crypto is to make serious progress toward …

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Bypassing Customs

Across the world, governments are cracking down on immigration. Cross-border payments, however, continue to grow with the global economy. Will blockchain be next? President Donald Trump has made cracking down on both illegal and legal immigration to the United States a showpiece, though controversial, policy of his administration. European countries, …

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12th Annual The 10 Most Pressing Issues in E-Payments

If understanding a problem is the first step toward a remedy, here are 10 first steps for the executives who must grapple with the complexities of payments every day. Well, here we are with our annual list of the 10 issues causing the most sleepless nights for payments executives these …

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The Scariest Security Nightmares in Payments

Digital Transactions examines the five most worrying cyberthreats facing payments companies and asks experts what can be done to guard against them. Hackers are more sophisticated, better funded, better equipped. and more skilled at finding cracks in cybersecurity systems than ever. By adopting advanced technologies such as artificial intelligence, encryption, …

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EMV Finds a Seat in Restaurants

Forget an a la carte approach to point-of-sale services. EMV has trained restaurant operators to want inclusive features to help run their businesses. Ask point-of-sale system experts to describe the state of EMV acceptance among restaurants, and their choice of words may not be what many expect, or would hope, …

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Digital Transactions