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Search Results for: pay by link

Avon Calls on Apexx for Processing and other Digital Transactions News briefs from 9/16/20

Beauty-products marketer Avon International has recruited payments provider Apexx Global to process consumer payments to Avon representatives across global markets. Apexx supports credit and debit cards, PayPal, Apple Pay, and Android Pay as well as local payment methods.As the holiday shopping season nears, 39% of merchants surveyed by PayPal Holdings Inc. plan to sell …

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Data Networks Work to Shore up Account Access As Regulators Eye Rules of Their Own

The data networks that connect payments and other financial apps to users’ bank accounts are scrambling to standardize data access by moving to application programming interfaces and away from an older, cruder form of access known in the business as “screen scraping.” The effort comes as financial apps gain popularity …

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Open Banking And Its Friends

Big moves by Visa and Mastercard have thrust data aggregators into the spotlight just as the focus of payments is expanding and the aggregation model is modernizing. Like most businesses, the payments world has been upended by the coronavirus pandemic and its impact on buyers and sellers alike. But just …

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Panera Recruits Google to Streamline Pickup And Delivery Via Mobile Apps

The Covid-19 pandemic has hastened merchants’ conversion to digital wallets and other forms of contactless payments, but at the same time the imperative for fast, if possible single-click, ordering has only grown more urgent. In the latest development, the Panera Bread chain announced Tuesday in integration with Google that allows …

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MagicCube Looks to Expansion as Contactless Grows And Fresh Investment Pours in

With the Covid-19 pandemic accelerating consumer use and merchant acceptance of contactless cards, technology companies are scrambling to exploit new opportunities stemming from the trend. One technology that could get a boost is software that can turn any off-the-shelf smart phone into a payment-acceptance device, a development the major card …

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In the Competitive Game of Open Banking, MX Claims a Big Lead With 50,000-Plus Connections

In the ever-more competitive game of payments and open banking, direct data connections matter. On Thursday, MX Technologies Inc. claimed to have more than any other data aggregator, announcing it has exceeded 50,000 links to financial institutions and fintechs. The 10-year-old company, based in Lehi, Utah, competes with major aggregators …

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Standard Cognition Argues It Has a Better Alternative to Amazon Go. Will Circle K Prove It?

Credit: Standard Store

Standard Cognition Corp., a San Francisco-based provider of autonomous checkout systems based on artificial intelligence, expects to have the first of Alimentation Couche-Tard’s Circle K convenience stores retrofitted and up and running in early 2021, with potentially dozens more to follow. The first store to adopt the technology will be in …

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Fortis and Blue Dog Merge and other Digital Transactions News briefs from 8/11/20

Payments providers Fortis Payment Systems LLC and Blue Dog Business Services LLC announced they have merged. Terms of the transaction were not disclosed.ATM portfolio manager Payment Alliance International Inc. said it has acquired the Cash-N-Go ATM portfolio of Cash N Go ATM Network Inc. The deal adds almost 400 machines to Payment Alliance’s portfolio, …

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With a Compliance Deadline Looming, Technology Emerges to Ease Gas Pump EMV

Sound Payments Inc., a multichannel technology provider that offers point-of-sale solutions for the petroleum industry, expects its partnership with National Retail Solutions, a subsidiary of IDT Corp., to accelerate adoption of EMV at in-pump card readers among independent gas stations and convenience stores. Sounds Payments argues its EMV in-pump card …

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FedNow Looks to Pilots Starting Next Year And Sticks to Its 2023 Or 2024 Launch Plan

While the Covid-19 pandemic has raised the issue of speeding stimulus payments and other relief to consumers and businesses, The Federal Reserve system is staying with its planned 2023 or 2024 launch date for its FedNow real-time payment service, officials said Thursday in an update that comes almost exactly one …

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Digital Transactions