Tuesday , August 20, 2019

AmEx Announces Small Business Saturday Plans and other Digital Transactions News briefs from 11/1/18

  • By 2023, in-car commerce will total $265 billion annually on more than 8.2 billion transactions from 775 million consumer vehicles, according to projections from Juniper Research.
  • American Express Co. announced a slate of programs for its ninth annual Small Business Saturday, set for Nov. 24.
  • Mastercard Inc. said it will work with global nonprofit Accion to bring digital-payment technology to microbusinesses worldwide.
  • Priority Commercial Payments, a unit of Priority Technology Holdings Inc., announced a partnership with Restaurant365, a provider of cloud-based back-office and accounting software for the restaurant industry.
  • House Advantage LLC’s eTouchMenu digital-menu service for restaurants announced it is incorporating payment services from FreedomPay.
  • Processor Fiserv Inc. said adjusted third-quarter revenues in its payments segment rose 6% year-over-year to $779 million.
  • Payments provider CCBill LLC formed the CCBill Ideas Board for online suggestions and comments from its merchants, consumers, affiliates, and partners.
  • The Merchant Advisory Group, along with consultancy CMSPI and Fiserv Inc., released the 2018 Global Fraud Trends Analysis and Review report.
  • The U.S. Payments Forum released recommendations on EMV contact and contactless cards for U.S. card issuers and guidance for processing Canadian contact chip cards at U.S. point-of-sale terminals.
  • Bill-payment processor Bill.com said that business bill payments have increased by 400% since the launch a year ago of Bill Pay for QuickBooks Online.
  • Payment-facilitator services provider Infinicept named Frank Lynch vice president of sales. Lynch previously worked at JPMorgan Chase as executive director of its payment-facilitator sales channel.
  • FreedomPay named Liesl Smith senior vice president of marketing and communications. Smith previously worked at Verifone Systems Inc. and at The Western Union Co.
  • ControlScan Inc. named Brand Barney to its security consulting team. Barney holds numerous payments certifications.
  • POSaBIT, a provider of a blockchain-based point-of-sale system for cash-only businesses, named Laurie Rosini chief compliance officer. Rosini is a partner at the Blakemore, Fallon, Garcia, Rosini & Russo PLLC law firm.

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