Friday , October 18, 2024

Search Results for: banking

Early Warning Rolls Out an Account-Based Identity Verification Service

In an effort to tackle the growing problem of digital-payment fraud, Early Warning Services LLC on Tuesday introduced Authentify, an account-based identity-verification service for consumers and businesses. When loaded on to a business’s Web site or app, Authentify streamlines the customer identity-verification process by allowing consumers to share their bank-account …

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Paysafe Bets on Ontario and other Digital Transactions News briefs from 4/4/22

Paysafe Ltd. announced it is processing payments for several iGaming operators in the Canadian province of Ontario, including PointsBet and theScoreBet.Diebold Nixdorf said Langley Federal Credit Union selected the company to operate and manage its self-service banking channel. The credit union said it has more than 320,000 membersBuy now, pay later specialist Klarna …

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How Brink’s Is Cashing in on Cash

Bills and coins have long been off limits to processors because cash transactions are not digital. No longer. For years, payment processors have expanded their technology stack beyond its core authorization and settlement capabilities to include an array of features to transform themselves into one-stop business-technology shops. Yet, the one …

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Six Unfolding B2B Payment Trends

Here’s what to look for as businesses respond to the advantages of digital payments. Chief financial officers face a daunting list of challenges in 2022: managing cash flow and controlling overhead; getting access to capital; protecting the organization against fraud; supply-chain chaos; the Great Resignation and the talent shortage; digital …

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With Its In-House Move, Apple Once Again Could Shake Up Payments

Almost eight years after it launched the Apple Pay mobile-payment service, Apple Inc.’s purported move to bring some of its payment-processing and financial-services operations in-house once again could shake up the payments industry. Just how, though, is a big unknown at the moment. Cupertino, Calif.-based Apple is not commenting on …

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Cantaloupe’s New All-in-One Vending Device and other Digital Transactions News briefs from 3/30/22

Unattended payments specialist Cantaloupe Inc. launched ePort Engage Combo, a new all-in-one card reader and telemeter, digital touchscreen, and payment platform that can be installed directly over existing bill acceptors.Payments provider Trust Payments has signed agreements with three independent sales organizations—Provident Advisor Group, DPS Card Services, and Card Dynamics—to sell Trust Payments’ new e-commerce …

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Payfare Lines up Visa Direct and other Digital Transactions News briefs from 3/29/22

Payments provider Payfare Inc. announced it is adding Visa Direct to its platform to enable real-time payouts to gig workers.Cloud-based payments provider Volante Technologies said it is working with the consulting firm KPMG to offer banks cloud technology for real-time payments, along with an advisory service.Mastercard Inc. is working in the United Kingdom with Temenos, …

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Brink’s Cash Tool in Clover and other Digital Transactions News briefs from 3/23/22

The Brink’s Co. said its BLUbeem point-of-sale cash-management platform is now available through the Clover POS technology from Fiserv Inc.Paysign Inc., a provider of prepaid cards for the health-care industry, reported $8.8 million in fourth quarter 2021 revenue, a 21% increase year-over-year. Purchase volume in the quarter rose 13.2%. Cardholders totaled 4.3 million at …

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POSaBIT Adds Two More States As the Market for Electronic Cannabis Payments Grows

POSaBIT Systems Corp., a payments provider for the legal cannabis industry, today added Texas and Georgia to its roster of states in which the fintech operates. The expansion provides further confirmation of growing demand for electronic payments in marijuana dispensaries. Kirkland, Wash.-based POSaBIT said in a news release that it …

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XTM Adds Apple Pay, Google Pay Support and other Digital Transactions News briefs from 3/16/22

Payments-technology provider XTM Inc. said it has added Apple Pay and Google Pay to its U.S. Today mobile wallet. The company says it has rolled out more than 100,000 wallets so far.Payments provider Nuvei Corp. said it will process payments for cryptocurrency by holders of the Ledger hardware wallet. With the agreement, holders can buy crypto …

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