Digital Transactions Authoritative, insightful and timely information for payments professionals
- Criminals’ use of language can trip up even savvy consumers, found a new report from Visa Inc. The “Fraudulese: The Language of Fraud” report found that 73% of consumers are likely to miss the requisite red flags in digital communications. The data is based on surveys of 6,000 adults in 18 countries.
- Fraud mitigation services provider Signifyd released its holiday shopping trends tracker. It reported an 8.03% increase in year-over-year sales to date this holiday season.
- Health care payments specialist RevSpring announced its Deviceless Payments service is available in the Epic Systems Corp.’s Credit Card Framework. Epic provides software for health care organizations.
- Integrated payments provider Payway said it now supports Cardrefresher, a card updating service from American Express Co.
- Payments-technology provider FreedomPay said it is working with point-of-sale device provider Castles Technology to begin offering Castles’ Android SmartPOS terminal in the first quarter of next year.
- First West Credit Union in British Columbia agreed to expand the availability of the Clover point-of-sale technology from Fiserv Inc. to the members of more FWCU brands, including Valley First, Island Savings and Enderby & District. FWCU brand Envision Financial began offering Clover in 2019.
- Safe Harbor Financial, a financial-services provider to the cannabis industry, announced it has closed on its acquisition of Rockview Digital Solutions Inc., doing business as Abaca, a payments provider specializing in the same industry. The deal involved $30 million in cash and stock.
- Online checkout provider Bolt said its Quick Checkout service is now available for users of Adobe Commerce and Magento Open Source, both e-commerce platforms.
- Tokyo-based Opn has entered the U.S. market with the acquisition of MerchantE, a digital commerce platform. Combined, the two companies processed more than $19 billion in payments for more than 22,000 merchants in 2022.
- Synchrony Financial said its partnership with retailer Belk now includes Synchrony SetPay monthly, a buy now, pay later option.
Related Articles
Check Also
Holiday Shoppers Are Expected to Spend More This Year As the Season Gets Set To Kick Off
Consumers will spend a record $650 per person during Black Friday-Cyber Monday shopping events, a …