Digital Transactions Authoritative, insightful and timely information for payments professionals
P2P Dominates Banks’ Mobile Apps in Payments, but Other Functions Lag
All but two of 27 bank mobile apps examined in a new S&P Global Inc. study offer person-to-person payments and another bank will soon add the feature to its app. But less than a third of the apps support cardless ATM transactions. The study by New York City-based S&P Global’s Market Intelligence unit examined mobile …
As Voice Commerce Becomes More Common, Jack Henry Adds More Payment Services
Core processors for financial institutions are starting to make their moves in voice-triggered consumer payments, and Jack Henry & Associates is looking to stake out an early lead in this nascent business. The Monett, Mo.-based company on Wednesday said its iPayQuickPay bill-pay service is integrated with Alexa smart speakers from Amazon.com Inc., allowing users to …
Deloitte: Look for Faster Payments on the B2B Side in 2019, And More Contactless Transactions
The prognostications for 2019 are starting to roll in, and if at least one comes true, we’ll see business-to-business transactions driving the growth of faster-payment systems. And smart phones might actually gain some discernible traction at the point of sale. The predictions come from the big accounting and consulting firm Deloitte, which recently issued its …
Blackboard Picks Bluefin Encryption Service and other Digital Transactions News briefs from 12/12/18
Thales’s proposed all-cash acquisition of rival Gemalto received merger-control regulatory clearance by the European Commission. Effective immediately, the clearance is conditioned on Thales’s agreement to divest its general-purpose hardware security modules business worldwide. The deal still must clear regulatory hurdles in five other countries, including the United States. Bluefin Payment Systems LLC said Blackboard Inc., …
Is Facial-Recognition Technology Hurting Apple Pay?
Adoption and usage rates for the mobile wallets from Apple Inc., Alphabet Inc. (Google), and Samsung Electronics Co. Ltd. have been far from stellar, but now evidence is emerging that Apple’s decision a year ago to ditch fingerprint identification on its newest smart phones in favor of facial-recognition technology could be making it even harder …
How eCommerce SMBs are futureproofing their businesses in the wake of payments evolution
Oscar Nieboer – CMO, Paysafe Group Security has overtaken reliability and cost as the top priority for businesses when selecting a PSP. Here’s why. There is a genuine belief globally that online goliaths such as Amazon, with the financial and human resources at their disposal to be at the cutting edge of all …