Saturday , November 9, 2024

Search Results for: digital payments

Apple Renews App Store Payments Appeal And Other Digital Transactions News briefs from 7/5/23

Apple Inc. said it will file a renewed appeal with the U.S. Supreme Court regarding a 2021 case that invalidated Apple’s requirement that App Store businesses accept payments only through Apple’s platform. Keys App Inc., a platform provider for locksmiths, launched its Keys App to enable digital payments for services and …

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DoorDash Adds EBT Payments And Other Digital Transactions News briefs from 6/28/23

DoorDash announced a number of new features for its food-delivery app, including the ability to create multiple carts simultaneously and the addition of online payments funded by SNAP/EBT benefits. Alphabet Inc.’s mobile-payments app, Google Wallet, will reportedly begin supporting QR codes to trigger payments, starting in Brazil. The wallet has up to …

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Apple Cash Adds Recurring Payments And Other Digital Transactions News briefs from 6/8/23

Apple Cash users will be able to set up weekly, biweekly, or monthly Apple Cash payments in the iOS 17 iPhone software coming this fall, Apple Inc. announced. Users also will be able to present digital IDs stored in Apple Wallet to businesses, such as for age verification. More than 96% …

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Green Payments Notes Growth And Other Digital Transactions News briefs from 5/24/23

Four-year-old payments provider Green Payments said it has expanded into a new office after what it says was a “record year of portfolio and employee growth.” The company, which focuses on health care, hospitality, and automotive sales, says its portfolio grew 134% last year to a total of $1.2 billon in volume. …

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Real-Time Payments Fraud on the Rise And Other Digital Transactions News briefs from 5/10/23

Real-time payment fraud is on the rise, even before the expected July launch of the Federal Reserve’s FedNow service. Some 71% of financial institutions reported an increase in consumer account takeover fraud using real-time payment networks from 2021 to 2022, according to a February and March survey of financial-institution executives internationally …

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Deluxe’s Payments Revenue up And Other Digital Transactions News briefs from 5/4/23

Payments provider Deluxe Corp. reported its first-quarter revenue dipped nearly 2% year-over-year to $545.4 million. Net income swooned from $9.7 million to $2.8 million owing to higher interest expense and a higher income-tax rate, according to the company. Revenue in its payments division, its second-largest unit after checks, rose 3.5% to $172 …

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Deluxe and Echo Form DPX Payments And Other Digital Transactions News briefs from 5/3/23

Deluxe Corp. said it and Echo Health Inc. have formed a joint venture called DPX Payments to provide payables services to the middle-market and will offer a disbursements platform. ACI Worldwide Inc. said its 2023 Prime Time for Real-Time Payments report found the Middle East as the fastest-growing region for real-time payments globally, …

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Fintechs Eat into Bank Payments Volume And Other Digital Transactions News briefs from 3/8/23

Among some 108 banks in North America, Europe, and Asia-Pacific, nearly half indicate they have lost at least 10% of their payments volume to fintechs, according to an Aite-Novarica report supported by payments platform Finastra. As a result, some 65% plan to make a significant or moderate investment in payments technology …

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Digital Transactions