Thursday , November 7, 2024

Shift4’s AI-Based Site Builder And Other Digital Transactions News briefs from 2/15/24

  • Shift4 Payments Inc. launched SkyTab Website Builder, a tool enabling restaurants to more easily design a Web site. Businesses using Shift4’s SkyTab point-of-sale payments technology can access the new service for free.
  • Blackhawk Network announced Select Codes, which businesses can send to customers to enable access to prepaid gift cards.
  • Bank of America Corp. announced a rewards program with Starbucks Coffee Co. that includes the ability for customers to earn 2% cash back beyond rewards or card benefits they are already entitled to. The program is offered through BofA’s BankAmeriDeals platform.
  • Security-technology firm Simplicio.io introduced Simplici Defense, a fraud-prevention platform aimed at reducing fraud losses in peer-to-peer payments.
  • Some 70% of cases of cart abandonment in e-commerce transactions occur after the customer enters the checkout flow, according to a white paper from the processor Nuvei Corp. The research effort surveyed more than 300 global merchants.
  • U.S.-based banking and payments technology provider i2c Inc. announced it has recruited more than 15 new clients in Latin America and the Caribbean, a market where it has been active for more than a decade.
  • The Independent Community Bankers of America trade group has opened its new ICBA Center for Innovation in Atlanta.
  • Lightspeed Commerce Inc. founder Dax Dasilva has returned as interim chief executive of the payments company, succeeding JP Chauvet, who is stepping down after two years as CEO. Dasilva previously led the company for 17 years from its start in 2005.
  • The payments consultancy CMSPI has appointed Elley Frost chief executive, effective May 1. She will succeed founder and CEO Brendan Doyle, who will become a strategic advisor and remain on the board of directors. Frost most recently has been serving as president and head of North America. The company maintains U.S. offices in Atlanta and San Diego.
  • Forter, a provider of fraud-fighting technology for e-commerce, appointed Anthony Barsoom chief financial officer and Jim Howard vice president of sales for the Americas. A former Home Depot executive, Barsoom was most recently head of finance for Zoom. Howard was most recently vice president of sales at Tufin.

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