Friday , November 15, 2024

Search Results for: digital payments

Paper Checks the Preferred Method in B2B Payment Fraud, Survey Finds

More than half the U.S. companies polled in a recent survey—56%—said they were the target of at least one business-to-business payment-fraud attempt in 2022, with paper checks the leading fraud type. Furthermore, 43% of companies said they had been targeted more than once, and 12% said they had been targeted …

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Eye On Small Businesses: PayPal Adds Apple Pay Checkout; NAB Picks Virtualitics for Data Insight

PayPal Holdings Inc. has added four new features to its payment service for small online businesses that are expected to increase conversion, reduce declines and the risk of fraud, and provide greater transparency into processing costs. PayPal’s small business customers will now be able to offer Apple Pay at checkout, …

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PayPal Becomes Ticketmaster’s Preferred Payment Partner, a Boon for Braintree

PayPal Holdings Inc. says it is now the preferred payments partner of Ticketmaster, the big and often controversial multi-national ticketing business owned by Live Nation Entertainment Inc. The deal announced Monday is a boon for PayPal’s Braintree merchant-processing unit, which will become Ticketmaster’s main processor. Monday’s announcement essentially is an …

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POSaBIT Expands Its Footprint In Cannabis Payment Processing With Hypur Acquisition

POSaBIT Systems Corp. strengthened its position in the cannabis-payments processing market with the $7.5 million acquisition of Scottsdale, Ariz.-based Hypur Inc., a provider of payment and compliance solutions to high-risk merchants, including cannabis dispensaries, CBD retailers, and merchants that accept cryptocurrency. POSaBIT says the acquisition will provide it with a …

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How Smaller ISOs Can Thrive

The big may get bigger, but there’s plenty of room for smaller ISOs and payments companies to thrive and capitalize. With megaprocessors, fintechs, payfacs, and integrated payments providers abundant in the payments world, smaller independent sales organizations and software sellers may feel some pressure. But the competition does not automatically …

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Picking Up the Tempo

You may have only recently started to hear about payments orchestration. You’re going to hear a lot more about it as payment methods and routing choices multiply. Everybody in the business has heard for years how complicated payments are. In the old days, merchants were local, and all they accepted …

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Why the Password Is Going Extinct

The vulnerability of passwords to hackers is giving rise to a host of passwordless authentication solutions. Whether it’s a financial account, an account with an e-commerce retailer, or medical records, user names and passwords have been the most common authentication method for digitally accessing an account. Trouble is, passwords are …

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Mercedes Turns the Car into a Payment Device

Mercedes-Benz’s new Mercedes pay+ in-car payment service is coming to five models manufactured by the German luxury-car maker. Though earlier efforts from a variety of car makers put in-car payments on the road, Mercedes-Benz is the first, with its Mercedes pay+ technology, to use Visa Inc.’s Delegated Authentication and Cloud …

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Unlocking ISV potential through embedded finance

by Joshua Bennett, Vice President of Partner Business Development for Elavon Inc. As payments technology and business models continue to advance and change at a rapid pace, Independent Software Vendors (ISVs) have new opportunities to monetize their services and provide valuable tools for their customers. The concept of Embedded Finance, …

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As FedNow’s July Debut Nears, the Roadshow Begins

FedNow, the impending real-time payment service from the Federal Reserve, was formally introduced to the merchant-acquiring industry Thursday at the annual Northeast Acquirers Association conference. Expected to launch in July, FedNow will enable participating banks to offer instant payments with a default limit of $100,000 per transaction and stretch to …

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