Thursday , March 28, 2024

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.

Processor Aliant Strikes a Deal With BitPay to Sell Merchants on Bitcoin Acceptance

Payments provider Aliant Payment Systems now offers Bitcoin acceptance for merchants through a deal with BitPay Inc., a Bitcoin processor, Aliant announced Monday. Fort Lauderdale, Fla.-based Aliant says the relationship makes it one of the first payment-processing companies to offer merchants Bitcoin acceptance. It is doing this, in part, because …

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MagicCube Prepares for a PIN-on-Glass PCI Specification Due Later This Year

In anticipation of an upcoming PCI Security Standards Council specification for enabling PIN-on-glass transactions with consumer mobile devices, MagicCube released MC-Screen Shield, a back-end technology to help secure the PIN. PIN-on-glass technology—in which the PIN is entered via a display instead of using a dedicated PIN pad—has been available for …

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A Merchant Focus Tops Tech Savvy in Integrated POS Systems Sales, A New Report Says

Marketers of integrated, cloud-based point-of-sale systems take note. It’s not enough to have full-featured service replete with multiple functions. It also takes a sales approach that is responsive and knowledgeable. That may sound like common-sense idea, but it’s one that has been vetted by The Strawhecker Group in its “The …

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Eye on Harvey: First Data, Chick-fil-A Offer Payments Aid to Houston Businesses

As businesses in the Houston area attempt to recover following the devastation of Hurricane Harvey in late August, the payments industry is offering assistance. First Data Corp. is offering thousands of its Clover Go mobile credit and debit card readers free to business owners affected by the hurricane. The offer includes …

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Merchant PCI Compliance Improves, But the Process Is Still Vexing, Verizon Report Says

The financial-services industry can take some satisfaction that it has improved its overall compliance with the PCI data-security standard, going from 42.9% of firms in full compliance in 2015 to 59.1% in 2016, as measured in the 2017 Payment Security Report from Verizon Enterprise, the business-services unit of telecommunications carrier …

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Mobile Remote Capture Provider Digiliti Rejects Urban FT’s $10.5 Million Bid

Digiliti Money Group Inc., a provider of mobile remote deposit capture services for banks, has rejected Urban FT Inc.’s offer to save the company from potential bankruptcy, Urban FT announced Tuesday. Earlier in August, Digiliti said was considering “strategic options” that included a sale of the company or a Chapter …

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Fitbit’s Newest Fitness Tracker Shows How the Card Brands Are Pushing Contactless

Consumers have a new option when choosing a fitness device that’s capable of making a contactless payment. Fitbit Inc., a San Francisco-based maker of fitness trackers, announced its Ionic smart watch Monday that includes Fitbit Pay, the company’s first foray into contactless payments. Fitbit Pay, which will be available when …

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In a Strategic Shift, Square Opens New York Store to Better Connect With Merchants

Square Inc. opened a store in New York City on Thursday to showcase its products and highlight products from some of its merchants, marking the digital-payments company’s first effort at running its own brick-and-mortar shop. Dubbed the Square Showroom, the lower Manhattan location has displays of various Square point-of-sale products …

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