Sunday , September 15, 2019

News

September, 2019

  • 13 September

    Treasurers See Plenty of Use Cases for Real-Time Payments, And They’re Writing Fewer Checks

    Corporate treasurers can identify numerous use cases for real-time or otherwise faster payments, but they do worry about transaction security, according to the Association for Financial Professionals. Some 60% of respondents surveyed in the AFP’s newly released 2019 payments study said business-to-business transactions will benefit the most from faster and …

  • 13 September

    Adyen Lands Another Retailer and other Digital Transactions News briefs from 9/13/19

    Payments provider Adyen N.V. said fashion retailer BrandBank will use its payments network throughout markets in Australia, Singapore, and Hong Kong. BrandBank operates more than 500 stores.Digital River agreed to provide payments and tax and compliance services on the Salesforce AppExchange.PepsiCo has launched a cash-back rewards program called PepCoin, which lets consumers deposit cash rewards directly …

  • 12 September

    Mastercard Still Sees Growth Opportunities in the U.S. Payment Market

    Many payment executives regard the United States as a mature market compared with high-growth countries in Asia and Latin America, but it still has plenty of untapped opportunities, according to Mastercard Inc. executives. Its home country remains Mastercard’s largest market. As of 2018, the U.S. accounted for 33% of Mastercard’s …

  • 12 September

    With Momentum From Transit, Contactless Accounts for a Rising Share of Card Payments

    With card-based transit payments picking up steam in the United States, a key Mastercard Inc. executive said Thursday that 22% of the network’s physical-world transactions globally were contactless as of the end of 2018. The time to complete a contactless transaction is down to 0.4 seconds, added Ajay Bhalla, president …

  • 12 September

    How On-Demand Services Are Propelling Online Transaction Growth

    Consumers shopping online are more than likely buying digital goods and services, suggest the results of “The Global Rise of Digital Goods and Services” report from the First Data unit of Fiserv Inc. Released Wednesday, the survey by Forrester Research Inc. of more than 6,000 online adults around the world …

  • 12 September

    An ISO’s Dry Cleaning Stake and other Digital Transactions News briefs from 9/12/19

    United Merchant Services Inc. said it acquired the rights to Royal Western Computer’s assets, including its point-of-sale software for dry cleaning merchants, branding, trademarks, licensee database, and sales channels. Royal Western Computer holds more than 25% of the dry cleaning POS market, UMS said. The company intends to expand by combining …

  • 11 September

    In Six Months, There Has Been 13% Growth in Online Cyber Attacks, Says LexisNexis Risk Solutions

    Cyber criminals took no time off in the first six months of 2019 as human-initiated attacks against online sites grew by 13% from the same period a year ago, finds the LexisNexis Risk Solutions Cybercrime Report released Tuesday. Bots, too, evolved to target new account creations. Bot attacks targeting new …

  • 11 September

    In This Mega Merger Landscape, Is Your ISO with a Processor or a Partner? What To Ask and Why It Matters

    By: John Newton, Vice President of Sales, Strategic Partner Channel, First American Mega mergers have created enormous financial technology companies with scope and reach that far exceed the needs of a traditional ISO channel. As a result, ISOs are now just one of many drivers of new merchant acquisition and …

  • 11 September

    Backers Seek Clarity on Libra’s Status And Say They Will File for a Payment-System License

    The Libra Association announced Wednesday it has filed a request with the Swiss Financial Market Supervisory Authority (FINMA) for a ruling that would clarify Libra’s status and that of the Libra coin. The association also said it plans to file an application with FINMA for a license to operate as …

  • 11 September

    Mastercard’s Cross-Border Clearing Role and other Digital Transactions News briefs from 9/11/19

    Mastercard Inc. said it will act as the clearing and settlement network for a cross-border payments service the company has agreed to develop with R3, a blockchain-software vendor.Some 74% of online transactions globally are for digital goods and services, with ride-share service and restaurant delivery ranking as the first and second most used …

Do NOT follow this link or you will be banned from the site!