Saturday , November 9, 2024

Search Results for: common aid

The Quickening Pace of EMV

EMV is getting faster at checkout, at least for customers. Now, as smaller businesses look to adopt chip card acceptance, swifter transactions may have larger implications. Shoppers who try an EMV card at the checkout counter and are turned off by the tortoise-like pace of the transaction are the bane …

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Remote-Capture Tech Provider Digiliti Might Restate Financials, Considers Bankruptcy

The news just keeps getting worse for Digiliti Money Group Inc., a small fintech company that provides remote deposit capture software and services for banks and credit unions. On Monday, Digiliti said it is considering “strategic options” that include a sale of the company or a Chapter 11 bankruptcy filing. …

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Many Consumers Expect Advanced Biometrics in Payments’ Future: Survey

What’s the future of electronic payments? For many consumers, it’s one that incorporates biometrics for authentication and payments, finds a survey from Viewpost IP Holdings LLC, a business-to-business payments provider. In the survey of more than 1,000 U.S. consumers, Viewpost found that 50% believe fingerprint technology—already in use with many …

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GlobalOnePay Expands UnionPay Service and other Digital Transactions News briefs

• Payment technology provider VeriFone Systems Inc. said it has integrated with the AirportConnect Common Use Payment Service from SITA, the big information-technology and communications specialist serving the air-transport industry, to bring electronic payment acceptance for multiple airlines and ground handlers at airport check-in desks, kiosks and bag drops via a …

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Hackers Find Fertile Ground in North America and in Stores, Trustwave Reports

By Jim Daly@DTPaymentNews North America remains by far the source of most data breaches investigated by Trustwave Holdings Inc., a big security-services and technology provider that operates worldwide, and the retail industry takes the lead in breaches despite the coming of EMV chip card payments to the U.S. Those are …

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How Involuntary Churn Threatens the Growing Subscription Payments Model

The allure of subscription payments has captured the fancy of merchants and payments companies alike, but churn—the loss of a paying customer—may not only affect revenue, but hamper innovation, finds “The Art and Science of Reducing Involuntary Subscriber Churn” report released Wednesday by Digital River Inc. The report, which canvassed …

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Payments Fraud Expected To Increase and other Digital Transactions News briefs

• The Zelle person-to-person payments network announced its service will go live in the mobile-banking apps of more than 30 financial institutions beginning this week and continuing over the next 12 months. The coverage will include more than 86 million mobile-banking consumers, Zelle said, adding that more than 51 million transactions totaling more …

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Revel Systems Debuts Revel University and other Digital Transactions News briefs

• Tablet-based point-of-sale provider Revel Systems launched Revel University, an online training service for merchants using its technology. • Payments provider BlueSnap Inc. said merchants using its Powered Buy Platform now can accept Apple Pay transactions. • Nineteen percent of consumers used person-to-person payments through a financial institution in the past 30 days in a …

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Beyond Payments With Bob Carr

For former Heartland Payment Systems Inc. chief executive Bob Carr, the next venture goes beyond simply making money. Carr led the $4.3 billion sale of his old company to Global Payments Inc. in April 2016. But rather than ride off into a comfortable retirement, Carr is back with his latest …

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Payment Regulations Aren’t Keeping Payments Safe

There are several reasons why you can’t rely on law and regulation, says Ed Adshead-Grant. Here’s where they fall short and what you should do about it. Initiatives like open banking and faster payments have ushered in a whole new era in the world of business-to-business payments. The industry is …

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Digital Transactions