Friday , November 15, 2024

Search Results for: digital payments

National ATM Council Issues Legislative Appeal and other Digital Transactions News briefs

• The National ATM Council, a trade group for independent ATM deployers, has issued an appeal to its members in Illinois to join in opposing a bill in the legislature that the group says would “eliminate virtually all of the state’s current ATM base” by capping ATM fees at $1 per …

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In-Car Payments Pioneer Honda Broadens Its Focus Beyond Autos With a New R&D Unit

In-car payments may be taking yet another step forward, along with related connected-car innovations. American Honda Motor Co. Inc. on Thursday said it is reorganizing its innovation arm, Honda Silicon Valley Lab, as a new company called Honda R&D Innovations Inc. The new entity has been created specifically to “expand …

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Vantiv To Offer Womply Data Services and other Digital Transactions News briefs

• Merchant processor Vantiv Inc. announced it will work with data-science specialist Womply to offer Vantiv BizShield and Insights, a service for small and medium-sized merchants that offers real-time data, advanced analytics, online reputation management, and threat management. • Processor Global Payments Inc.’s Campus Solutions unit has introduced TouchNet OneCard VIP, which manages access to …

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COMMENTARY: A Look at the Top 4 Security Trends for 2017 in the Payments Industry

After years of card-data breaches and other bad news, four very encouraging trends are emerging that bode well for better security. Here’s a quick look at all four: Integrators are taking the QIR program seriously. When the PCI Security Standards Council and Visa Inc. initially released the Qualified Integrator and …

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USAT’s Sneaker Transactions and other Digital Transactions News briefs

• Mastercard Inc. said it will move to close its acquisition of VocaLink Holdings Ltd.“within the next few weeks” now that the transaction has been cleared by the United Kingdom’s Competition and Markets Authority. • USA Technologies Inc. said it is providing its contactless ePort Connect payment device for entertainment kiosks from Sneaker …

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Visa Adds Details to Commercial Card Activity and other Digital Transactions News briefs

• Merchant processor CardConnect Corp. is paying $39 million for its previously announced acquisition of MertzCo Inc. consisting of $12 million in cash and 1.98 million shares of CardConnect stock valued at $27 million, according to a Securities and Exchange Commission filing from CardConnect. • Visa Inc. has begun allowing issuers of Visa-branded commercial cards …

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Despite Gobs of Publicity, Faster Payments Don’t Register With a Lot of Banks

The subject of faster payments has been in the news almost continually for months now, but apparently awareness of the subject, and in some cases adoption, remains lower than expected among the financial institutions that will be depended on to implement speedier settlement. That’s if survey results released this week …

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Attorneys General Urge CFPB Retention and other Digital Transactions News briefs

• Attorneys general from 18 states and the District of Columbia sent a letter this week to Congressional leaders urging them to oppose three pending joint resolutions that would overturn the Consumer Financial Protection Bureau’s controversial prepaid account rule. Consumer groups generally favor the rule, but business interests and many Republicans …

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Diebold Nixdorf Supports Windows 10 on ATMs and other Digital Transactions News briefs

• Diebold Nixdorf Inc. claims to be the first ATM manufacturer to support Microsoft Corp.’s Windows 10 operating system. Microsoft will end support of Windows 7, widely used in ATMs, in January 2020. The company also introduced Essence, an ATM user interface that includes a touchscreen, an encrypted touchscreen PIN pad, …

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Net Element Adds Russian Apple Pay Support and other Digital Transactions News briefs

• The Western Union Co. said it has integrated Apple Pay into its mobile app, allowing U.S. customers to use the mobile-payments service to fund money transfers to more than 200 countries and territories, including domestic bill payments. More than 60% of digital-money transfers on Western Union’s network are initiated on …

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Digital Transactions