Thursday , September 19, 2024

Search Results for: Lightspeed Commerce

Alkami in Plaid Tie up And Other Digital Transactions News briefs from 11/10/23

Digital-banking software provider Alkami Technology Inc. said it has enabled access for client banks to open-banking network Plaid via an application programming interface. Lightspeed Commerce Inc., a specialist in payments processing for the hospitality industry, launched “Luminaries,” a planned series of interviews with the leaders of client businesses, starting with the corporate …

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Deluxe’s Payments Results And Other Digital Transactions News briefs from 11/2/23

Deluxe Corp. reported a slight decline in third-quarter revenue year-over-year, with $537.8 million compared to $555 million for the same period in 2022. Its payments unit, its second-largest division, recorded flat revenue of $169.5 million, with its checks business posting $180 millon, down slightly from $182.4. Known chiefly as a check …

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Western Union’s Paysend Deal And Other Digital Transactions News briefs from 10/31/23

The Western Union Co. announced customers will be able to send money via the company’s digital service directly to Visa and Mastercard cards through an integration with Paysend, a card-to-card payments platform. Lightspeed Commerce Inc. launched several new features including artificial intelligence-assisted menu creation, better insights into popular items, staff performance tools, …

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ACI’s Real-Time Microsoft Deal And Other Digital Transactions News briefs from 9/19/23

ACI Worldwide Inc. said it will work with Microsoft Corp. to make its Real-Time Payments Cloud available in Microsoft Azure, enabling financial institutions access to The Clearing House Payments Co. LLC’s Real Time Payments network and the Federal Reserve’s FedNow real-time payments service. Treasury Prime, an embedded-banking technology provider, said it …

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Time To Be More than a Processor

Embedded financial solutions boost independent businesses and can make them clients for life. The financial services industry is changing. While payment processors and traditional financial institutions will always have a place and purpose, they are no longer the only trusted options for financial services. Embedded financial solutions—the integration of value-added …

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PayPal Revenue at $7.3 Billion And Other Digital Transactions News briefs from 8/3/23

PayPal Holdings Inc. reported $7.3 billion in June-quarter net revenue, up 7% year-over-year, as total payment volume grew 11% to $376.5 billion. Payment transactions were up 10%, to 6.1 billion. Total active accounts increased only slightly to 431 million from 429 million a year ago. Net income swung from a loss …

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Tap to Pay in North America And Other Digital Transactions News briefs from 7/27/23

Payments-technology provider Aevi said it is working with contactless-technology firm Bleu to offer tap-to-pay functionality in North America and Europe on both Android and iPhone devices. Cross River Bank said it will enable an expanded menu of payment options through open-banking platform Plaid, including instant transfers for payroll and other applications. Payments provider Lightspeed …

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PayRange Finds its Spot in the Campground and RV Market And Other Digital Transactions News briefs from 7/7/23

PayRange Inc., a provider of mobile payments for unattended markets, has extended its reach into the campground and RV parks market. Payments-technology provider NovoPayment released Orchestra 2.0, a payments-orchestration layer aimed at financial institutions. Paybotic Financial, a payments platform specializing in the cannabis industry, said it has joined the Emerging Market Coalition, a nonprofit …

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Tyfone Readies for FedNow And Other Digital Transactions News briefs from 6/21/23

Digital-banking platform Tyfone Inc. said it will work with One Credit Union to offer a real-time payment service certified for FedNow, the national real-time payments system that the Federal Reserve is expected to launch next month. Jane Technologies Inc. introduced a point-of-sale system customized for cannabis stores. Smart Pay has launched its Smart Pay …

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Sylq Selects ThetaRay And Other Digital Transactions News briefs from 5/30/23

ThetaRay Ltd., a U.S. and Israeli provider of transaction-monitoring technology based on artificial intelligence, said France-based payments provider Sylq has contracted to use its customer-screening product. Fingerprint-authentication provider IDEX Biometrics is working with security firm AuthenTrend to offer smart cards for digital authentication in such applications as cryptocurrency wallets. The product’s launch …

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