Green Dot Corp. may be starting to show the fruits of new chief executive Dan Henry’s insistence on holding on tightly to the company’s bank and making it a linchpin of his strategy. The Provo, Utah-based institution, which Green Dot acquired in 2010, is key to three major card and …
Read More »Search Results for: real time payments
COMMENTARY: How 3-D Secure 2.0 Will Change the Payments Industry
With the massive increase in e-commerce this year, and new merchants moving to an online model out of necessity, combating card-not-present fraud is incredibly important. EMV 3-D Secure 1.0 (or 3DS1) has been continually upgraded as technology and consumer habits changed; however, from its first iteration it has always had …
Read More »How the Pandemic Changed Payments (Permanently)
A deadly disease has proven a boon for some key trends while threatening cash and opening new avenues for fraud. An industry whose closest familiarity with viruses has come from the kind that infects computers has for most of this year had to contend with a pathogen that has sickened …
Read More »Get Ready for the ‘Global Reset’ in Payments Spurred by Covid-19
The world’s response to Covid-19 already has accelerated trends underway in the payments business, and pandemic-spurred innovations will continue after the contagion eases, according to three senior industry executives. “The impacts of Covid-19 represent a true global reset of the entire market, not just our payments market,” said Philip McHugh, …
Read More »TRANSACT Connect – Virtual Environment, Real-World Benefits.
The meaning of meetings has changed. In-person contact is so vital to the payments ecosystem – not only in the way some of its products are used, but also in the way that those products are sold to merchants, and industry partnerships are formed. The Electronic Transactions Association, producers of …
Read More »12th Annual Field Guide to Innovative Payments
The guide has a slightly different name now, but the same purpose—to seek out and describe the nonbank players, apart from the big networks, that are rewriting the rules for the digital exchange of value. Since 2004, Digital Transactions has traced the course of payments innovation through its nimblest practitioners—the …
Read More »Wellsprings of IoT Payments
The Internet of Things has always had a gee-whiz factor, but unshowy sectors such as utilities, insurance, and purchases for business and household essentials are leading its payments growth. The Internet of Things seemed to be big even before Silicon Valley techies and their marketing-side allies started using the term …
Read More »Payments in a Time of Plague
The Covid-19 pandemic is overhauling payment habits, and hence payment technology. How long-lasting are the changes? On 9/11, when terrorists attacked New York City and Washington, D.C., they commandeered passenger airliners and used them as flying bombs. Nobody knew in the heat of the moment how many more might be …
Read More »COMMENTARY: Contactless Payments Are Paying Off for Consumer Health
The onset of the novel coronavirus has caused a seismic shift in the daily lives of Americans. While recent data in the fight against this pandemic are encouraging, we’re not out of the woods yet, and we will be slow to return to life as we once knew it. Social …
Read More »Payroc Acquires Gateway Payments and other Digital Transactions News briefs from 4/23/20
Payroc LLC said it acquired Gateway Payments LLC, an independent sales organization with merchants primarily along the Gulf of Mexico coast. Terms were not disclosed.Weave Communications Inc., a provider of payments and other services for small businesses, said its Weave Lite tool set will be offered free for 90 days. Weave …
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