Digital Transactions Authoritative, insightful and timely information for payments professionals
• The Federal Reserve picked consulting firm McKinsey & Co. to support its Faster Payments Task Force efforts this year by assessing solution proposals from various payments providers.
• Merchant processor Square Inc. announced its “Build With Square,” a set of application programming interfaces (APIs) that integrates point-of-sale and-online payments capabilities with APIs for such functions as inventory management, sales reporting and analytics, and employee management.
• ATM network operator Cardtronics Inc. renewed its services agreement covering 94 ATMs in Wegmans Food Markets locations; the Wegmans machines also are being added to Cardtronics’ Allpoint surcharge-free network.
• In an effort it said will streamline enrollment in Visa Checkout, Bank of America Corp. will allow customers to enroll their Visa cards in Visa’s digital wallet directly through the bank’s online-banking service.
• CenterState Bank adopted VSoft Corp.’s OnView Business Deposit product to allow its more than 800 business customers to digitize and deposit multiple checks in a single deposit.
• Merchant processor ProPay, a unit of Total System Services Inc. (TSYS), announced its Guardian CyberShield fraud solution has been integrated with back-office software from DataTrax Systems, which caters to multilevel marketers.
• Processor TransFirst Holdings Inc. says it will offer payment-processing services to clients of ITelagen, an electronic health records technology provider.
• Point-of-sale equipment distributor POS Portal says its P2, merchant-acquiring specific customer relationship management software, was awarded the Gold Partner status by Salesforce.
• The DRF PaymentsEd Forum, an organization for card-not-present payment professionals, appointed Julie Fergerson, senior vice president of industry solutions at Ethoca, an anti-fraud technology provider, to its merchant advisory board.
