On Track Innovations Ltd., a provider of payments technology based on near-field communication, announced it raised $2.5 million in a private placement of shares.Digital-banking and payments-processing technology provider i2c Inc. launched a mobile app and cardholder Web site it says are designed to help persons who have color-blindness conduct digital banking.TriumphPay, a …

In a move that could have wide-ranging implications for a variety of payments, the Federal Reserve on Monday announced it will support a third settlement window each day for same-day automated clearing house transactions. The later settlement time, which ACH rule-making authority Nacha and a number of banks have long …

Hardly any industry is currently in such a state of flux as is digital commerce. Of course, it’s precisely for this reason that the participating players are particularly concerned with the trends of the future. While it’s no surprise that customers will continue to take center stage, they will do …

EVO Payments has agreed to enable merchants it serves in the United Kingdom and Ireland to process transactions on the Discover, Diners Club International, and affiliate card networks. Merchants served by EVO in other markets are expected to come online for Discover in 2020.Antivirus protection provider Avast said a survey it …

Green Dot Corp. announced late Wednesday that company founder and chief executive Steven W. Streit is retiring. The prepaid card and banking services provider appointed William I. Jacobs, chairman of its board of directors, as interim CEO while it seeks a permanent successor. Streit will continue with the company for …

LexisNexis Risk Solutions released an analysis of transactions and cyberattacks between Nov. 27 and Dec. 3 that found the average shopping cart value rejected as high risk or fraudulent was $329, or 179% higher than the value of legitimate online transactions—$118—in the period.Juniper Research’s latest report forecasts that the installed base of contactless-enabled …

Gas stations and convenience stores won’t be getting an extension of the upcoming October 2020 fuel-pump EMV liability shifts, according to a merchant trade group. Meanwhile, Visa is warning of malware-based attacks against fuel retailers that invade their point-of-sale systems.  The major networks have set next October for pumps to …

Point-of-sale payments technology provider Clover, which is owned by Fiserv Inc., added JazzHR, a recruiting app, to its Clover App Market, which is aimed at small businesses.Splitit Payments Ltd., a global provider of point-of-sale installment payments, announced it reached $3 million in merchant sales over the four-day stretch from Black Friday through …

The term “exceeding expectations” has long been a cliché in corporate America, but it certainly applies to this week’s initial public offering of stock from invoice-management and business-to-business payments provider Bill.com Holdings Inc. Now Sweden-based installment-payments provider Klarna AB, reported to be the most valuable financial-technology provider in Europe and …

The Washington Metropolitan Area Transit Authority, which serves the area in and around the nation’s capital, plans next year to start allowing users of Apple Inc. devices to pay at fare gates with their iPhones and Watches using a virtual version of the agency’s SmarTrip card, according to The Washington Post. Android …