Friday , November 15, 2024

Search Results for: card data

Visa Teams Up With SiriusXM in the Latest Connected-Car Development

The new year is only a week old, but it’s already looking to be a strong one for dashboard payments. On Monday, Visa Inc. and SiriusXM Connected Vehicles Services Inc. said they plan to offer the SiriusXM e-wallet to auto manufacturers that deploy SiriusXM’s connected-vehicle services.  The Visa-SiriusXM announcement followed …

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Paya Makes Another Integrated-Payments Play With a Deal for First Billing Services

Paya Inc. said on Tuesday is has acquired First Billing Services, a Dayton, Ohio-based billing processor for municipalities, utilities, and multifamily housing units. The $57.5 million deal, which Paya chief executive Jeff Hack says was consummated minutes before midnight on New Year’s Eve, represents the Reston, Va.-based payments provider’s second …

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The Unicorn Herd Enrolled Yet More Fintech Members Last Year Following an Active 2017

The financial news has been full of dire stories about the beating tech stocks have been taking lately, but less well publicized is the action in private equity—specifically the creation of new payments-related unicorns. According to data from New York City-based CB Insights, which tracks private valuations, at least half …

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Mitek Notes More Suitors and other Digital Transactions News briefs from 1/4/19

Remote deposit capture software provider Mitek Systems Inc. said in a regulatory filing “that it has received expressions of interest from multiple parties” and thus is considering various “strategic alternatives” to maximize shareholder value. The only suitor the filing identified is ASG Technologies Group Inc., a portfolio company of the …

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All States Now Have Breach-Notification Laws and other Digital Transactions News briefs from 1/2/19

With the enactment of data-breach notification laws in South Dakota and Alabama in 2018, all 50 states now have such laws, according to the Covington & Burling LLP law firm. Financial-institution processor Fiserv Inc. said the newly chartered Mi Bank in Bloomfield Township, Mich., will use a variety of Fiserv …

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Managing Real-Time Payment Risks

Person-to-person transactions in real time pose unique risks. Here’s how to manage them while ensuring a great experience for users. Splitting the lunch bill. Paying a friend back for picking up those last-minute tickets. Covering the cost for your kid’s college textbooks. Each of these scenarios represents an opportunity for …

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The SRC Express

A network-sponsored spec for streamlined digital payments rolls toward implementation later this year, promising cleaner checkouts but also stirring questions about how it will work. Remember all the excitement last spring about a so-called common buy button the major card networks were working on (“The Shared Checkout’s Slow Check-in,” June)? …

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Cash Discounts: Surcharges by Any Other Name?

Cash discounts are all the rage as merchants seek to lower payment card acceptance costs. But critics say cash discounts all too often are surcharges in disguise. Few topics last year drew more interest from independent sales organizations and merchant acquirers than cash discounts. Sessions about the pricing strategy were …

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Is Facial-Recognition Technology Hurting Apple Pay?

Adoption and usage rates for the mobile wallets from Apple Inc., Alphabet Inc. (Google), and Samsung Electronics Co. Ltd. have been far from stellar, but now evidence is emerging that Apple’s decision a year ago to ditch fingerprint identification on its newest smart phones in favor of facial-recognition technology could …

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How eCommerce SMBs are futureproofing their businesses in the wake of payments evolution

Oscar Nieboer – CMO, Paysafe Group     Security has overtaken reliability and cost as the top priority for businesses when selecting a PSP. Here’s why. There is a genuine belief globally that online goliaths such as Amazon, with the financial and human resources at their disposal to be at …

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Digital Transactions