Thursday , November 14, 2024

Search Results for: real-time payments

Vail Resorts Picks Uplift for BNPL and other Digital Transactions News briefs from 4/20/22

Vail Resorts has selected buy now, pay later provider Uplift to allow Vail guests to pay for a pass over time with monthly installments.Discover Financial Services launched its Online Privacy Protection service on its mobile app. The service allows users of the Discover card and banking services to remove personal information from 10 …

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Everyware Launches Pay By Text and other Digital Transactions News briefs from 4/14/22

Everyware Worldwide Inc., a contactless payments and customer engagement company, announced its Pay By Text service, which enables consumers to use a cell phone number to make a payment. The service relies on Visa Inc.’s Token ID service.Insurity’s Sure Claims Payments platform will provide digital-payment options on workers’ compensation claims for Victory …

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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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Most—79%—of Cybersecurity Pros Claim Ransomware Attacks in Past Year and other Digital Transactions News briefs from 4/1/22

Some 79% of cybersecurity professionals globally said their organizations had been hit by ransomware within the last 12 months, according to a survey of 620 respondents conducted by Enterprise Strategy Group and commissioned by OwnBackup, a data protection platform.Payments provider Repay Holdings Corp. announced an integration with Flex, a provider of core system …

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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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Eye On Earned Wage Access: CloudPay Partners With Visa; indi Rolls out Early Pay

CloudPay, a provider of employee payment solutions, is partnering with Visa Inc. to enable payroll to be deposited directly to employee debit or credit cards through Visa Direct, Visa Inc.’s real-time payment network The new service is expected to provide employees immediate access to their funds compared to the two …

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Affirm Metrics Outperform and other Digital Transactions News briefs from 3/14/22

Buy now, pay later specialist Affirm Inc. said its fiscal quarter-to-date financial metrics exceeded its expectations, leading it to revise its financial outlook. Affirm on Feb. 10 had expected its gross merchandise volume to be no more than $3.71 billion, but now says it will be at least that much.Aplazo, a buy …

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BofA Brings Positive Pay to Its CashPro App As Same-Day ACH Builds Momentum

With momentum accelerating behind faster payments on the automated clearing house, fraud prevention is taking on a higher profile at the nation’s banks. In the latest move, Bank of America Corp. on Thursday introduced ACH Positive Pay on its CashPro mobile app. The move will let app users review and …

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Circle’s Valuation Doubles and other Digital Transactions News briefs from 2/17/22

Digital-currency payments specialist Circle Internet Financial LLC announced it has agreed to new terms with Concord Acquisition Corp., terminating an agreement it had reached with that company in July. The new agreement values Circle at $9 billion, twice the valuation set by the original SPAC combination. The holding company established by the original agreement …

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Nacha Brings Verification of Payment-Related Data to Its Phixius Network

As part of its effort to help users of its Phixius payment-data network mitigate fraud and enhance payment-routing certainty, Nacha announced Thursday the network will enable originators, fintechs, and financial institutions that originate and receive electronic payments to verify payment-related information, such as account ownership, account numbers, and routing information. …

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Digital Transactions