Priority Technology Holdings Inc. said it purchased PPS Northeast, a former independent brand licensed office of Priority Payment Systems for an undisclosed amount. Payments provider CellPoint Mobile said its payment platform is now available to users of Runtriz’s hotel point-of-sale software for hotels and casinos. NACHA, the governing body for …

Finalsite, a marketing and communication platform for the education industry, launched Finalsite Payments by integrating BlueSnap’s Payments for Platforms service. Fiserv Inc. introduced enhanced authentication techniques specifically aimed at call-center fraud. Mercator Advisory Group Inc. released its “U.S. Faster Payments Forecast, 2017-2021, Update: The Consequences of Faster Payments” research report. …

Payment-processing technology company Pineapple Payments has acquired payment-gateway provider Transax for undisclosed terms. The deal represents the fifth acquisition this year for Pineapple, which says it is processing $3 billion in annual volume for more than 13,000 merchants. Payments-technology provider linked2pay introduced what it calls instant merchant settlements for credit …

One reason China’s Ant Financial Services Group and Tencent Holdings Ltd. are interested in facilitating mobile payments for Chinese travelers in foreign markets, including the United States, is that both companies are topping out in their home market. Combined, Ant’s Alipay and Tencent’s WeChat Pay controlled an estimated $15.5 trillion …

The FBI privately warned banks on Friday that cybercriminals are preparing a big “ATM cashout” operation, a choreographed global scheme in which fraudsters hack a bank or payment processor, plant malware that attempts to disable banks’ ATM withdrawal limits and related transaction controls, and use cloned payment cards to withdraw potentially …

Citing data from the global payment card networks, the U.S. Payments Forum reported in its latest update on the conversion from magnetic-stripe to EMV chip card payments that approximately 57% of in-store card transactions are now “chip-on-chip,” meaning an EMV point-of-sale terminal read an EMV card. Also, acceptance of contact …

Payments-systems provider Worldnet TPS Ltd. said it has integrated Quickchip technology into its GoChip line of point-of-sale products to enable one-second EMV chip card transactions. Payments provider Shift4 Payments Inc. launched a management solution called Lighthouse Business Management System for clients using Shift4’s point-of-sale and payment-processing products. The new service …

NRT Technology Corp. and Sightline Payments LLC, which are expected to merge and become NRT Sightline, announced its Connect+ payment gateway is being used by Hard Rock International for its recently launched online casino in New Jersey. Payments processor Worldpay Inc. extended for four years an agreement with CRS Texas, …

It’s a fact of doing business that retailers have to contend with fraud. Now, the cost of managing fraud has increased, says LexisNexis Risk Solutions in its 2018 True Cost of Fraud report for retailers. For every dollar of fraud, merchants pay $2.94, a figure that is 6% more than …

Joe Kaplan, the chief executive of merchant processor Paya and former president of the Electronic Transactions Association’s board of directors, died unexpectedly last week, the ETA announced. Kaplan was the former CEO of Total Merchant Services and founded Innovative Merchant Solutions, which he sold to Intuit Inc. in 2003 and …