The PCI Security Standards Council published version 4 of the PCI Data Security Standard. Features of the new standard include, among other changes, updated firewall terminology and a requirement to implement multi-factor authentication for access to the cardholder data environment.Processor Adyen said it is expanding beyond payments to offer embedded financial products, including Adyen …
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Trust Payments Launches Stor E-Commerce Platform and other Digital Transactions News briefs from 3/22/22
Payments provider Trust Payments launched Stor, an e-commerce platform for small and medium-size businesses, and is inviting independent sales organizations, banks, and other third-party players to market the service to merchants. The new product is based on technology Trust Payments acquired earlier this year.NoFraud, an online fraud prevention service, released NoFraud Checkout, …
Read More »Texas Roadhouse Partners With Ziosk to Roll Out a Tableside Ordering And Payment Platform
With consumers starting to dine out again, improving their dining experience through digital ordering and tableside payments solutions is becoming a pressing need for restaurants. Texas Roadhouse has become the latest restaurant chain to take the digital plunge, implementing Ziosk’s Cloud Commerce Platform for digital tableside ordering and payments. The …
Read More »Fiserv Lays out a $10-Billion 2025 Revenue Goal for Its Merchant-Acquiring Business
When Fiserv Inc. acquired First Data Corp. three years ago, the Brookfield, Wis.-based fintech took on an enormous commitment to the merchant-acquiring business. Late Tuesday, Fiserv’s top management made clear just how big that commitment is, how fast it’s growing, and how big it will get. “We see a clear …
Read More »Flywire Volume up 75% and other Digital Transactions News briefs from 3/3/22
Cross-border payments specialist Flywire Corp. reported its payment volume rose 75% year-over-year in the fourth quarter, to $3.1 billion. Volume for 2021 totaled $13.2 billion, up 76% from 2020.Walmart Inc. announced customers can send remittances from any of its U.S. stores to any of its stores in Mexico for a fee as low …
Read More »A Pair of Acquisitions Propel Shift4 Into Blockchain And Cross-Border Processing
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 …
Read More »DoorDash To Acquire Restaurant Tech Firm and other Digital Transactions News briefs from 3/1/22
Delivery platform DoorDash Inc. said it has agreed to acquire Bbot, a provider of online and in-store ordering and payments technology for restaurants. Terms were not announced.A survey from PCI Pal of 1,100 Canadian consumers found that 85% said trust in an organization’s ability protect personal data and secure payment processes is of the …
Read More »Tipalti Volume Tops $36 Billion and other Digital Transactions News briefs from 2/24/22
Business-to-business payments provider Tipalti Inc. reported “unprecedented” growth in payments volume in 2021, with volume growing more than 100% from 2020 to more than $36 billon. The company’s client base increased to more than 2,000, including GoDaddy, Roku, ZipRecruiter, and Amazon Twitch.Fintech Social Finance Inc. said its SoFi Technologies Inc. unit has launched SoFi …
Read More »Epos Now Partners With Prelim To Enhance Its Platform’s Digital Customer Experience
Prelim, a San Francisco-based provider of digital-banking services for financial institutions, has partnered with Epos Now, a cloud-based provider of point-of-sale technology. The partnership is expected to enhance the digital experience for Epos Now’s customers and simplify onboarding to its platform. Norwich, England-based Epos Now, which services 51,000 retail and …
Read More »Fintech Fyncr Looks to Disrupt Bill Payment With an App That Aggregates Credit Card Bills
In a bid to make it easier for consumers to pay myriad credit card bills each month, a startup called Fyncr Inc. on Thursday launched a bill-payment app that allows users to aggregate and pay their credit card bills in one application. With the Fyncr app, credit card holders can …
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