Thursday , April 19, 2018

Kevin Woodward

Kevin's role at Digital Transactions is to write news and features stories for publication on the Web site and in the magazine. He also oversees the digital editorial aspect of the site and the Digital Transactions News daily newsletter.

Samsung Pay Aims at Commerce Tools for Merchants And a Reseller Program for Acquirers

Samsung Pay, the mobile wallet that uses near-field communication (NFC) and magnetic secure transmission (MST) technology, is developing a set of simple tools merchants can use to create offers and manage loyalty programs. The tools should be available this year. That’s the word from Will Graylin, global co-general manager of …

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Struggling With Mobile Services, Banks Risk Losing Customers to Non-Bank Rivals

Consumers using mobile-banking sites or apps make only sporadic use of their ability to pay bills, send money to other individuals, or load a prepaid card, finds new research from Javelin LLC, a Pleasanton, Calif.-based payments-research firm. In the “2015 Mobile Banking, Smartphone, and Tablet Forecast” released Tuesday, Javelin found …

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Local Deals Go to School As Mega-Campus Arizona State University Opts for Apriva App

The more than 72,000 students and faculty members of Arizona State University have a new app to help them find deals from local merchants. Dubbed ASU Deals, the app, available for iOS and Android mobile devices, enables users to search for local deals and receive notifications from merchants. Developed by …

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Avalon Solutions Debuts Its myOmny Mobile POS App With a Reseller Program

Sales agents at independent sales organizations and software vendors have a new mobile point-of-sale service to sell merchants. MyOmny, which is available for smart phones and tablets using iOS and Android operating systems, has launched. Developed by Dallas-based Avalon Solutions Group, myOmny is an app that merchants download to their …

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Blackhawk Network Shells out $120 Million for GiftCards.com And OmniCard

Prepaid card services provider Blackhawk Network Holdings Inc. has acquired GiftCards.com LLC and OmniCard LLC for $120 million, the prepaid specialists announced Wednesday. GiftCards.com specializes in selling digital and physical prepaid cards through its Web site. OmniCard sells customized prepaid incentive and rewards cards to businesses. Both entities had been …

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Mobile Wallets ‘Off to a Strong Start,’ But Backers Must Work Harder at Education

In the face of reports of generally mediocre mobile-wallet usage, a report issued this week indicates the picture may brighten soon. Thirty-nine percent of consumers have used a mobile-payments service in a store within the past year, and 73% of these have done so just within the past three months, …

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Security Issues Lead Young Adults And High Earners to Look Askance at Debit Cards

Young adults and high earners have something in common. Both consumer groups are less likely than consumers overall to use debit cards, according to a report released Tuesday by Mercator Advisory Group Inc. The report, “Consumers and Debit in the U.S.: Heightened Security Concerns,” canvassed more than 3,000 U.S. adults …

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Looming Federal Rules Lend Note of Caution to Strong Outlook for Prepaid Card Market

Open-loop financial-services prepaid cards will be one of the fastest-growing segments for prepaid over the next two years, forecasts the “12th Annual U.S. Prepaid Cards Market Forecasts, 2015-2018,” recently released by Mercator Advisory Group Inc. The report, which gauges the growth potential of both open-loop and closed-loop prepaid cards, also …

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New President Cohen Says Payments-Industry Changes Affecting ETA Mission

As 2016 beckons, multiple challenges and opportunities await the payments industry and the Electronic Transactions Association, a Washington, D.C.-based trade group that represents the merchant-acquiring and -processing industry. Incoming ETA board president Greg Cohen says the association, and the payments industry it represents, are in the midst of a transformation …

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Majority of Cards Presented to Merchants Bear EMV Chip: Report

Efforts to get EMV chip cards into the wallets of U.S. consumers may be paying off. Some 52% of cards presented to merchants in the weeks following the Oct. 1 liability shift bear a chip, says CardFlight Inc., a mobile point-of-sale provider, in the debut of its EMV Migration Tracker. …

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