Thursday , June 21, 2018

Competitive Strategies

New Harbortouch POS Device Debuts and other Digital Transactions News briefs from 6/4/18

Harbortouch, a unit of Shift4 Payments, debuted Checkout, a point-of-sale system with features to aid retailers, including inventory tracking and management, time-clock and scheduling tools, and text and email marketing. Checkout is aimed at independent and small-chain retail stores, the company said. The Securities and Exchange Commission is investigating alleged insider …

Read More »

A Google Search Aid Offers Square, Clover, and Lightspeed POS Integrations

Small merchants that use Square, Clover, or Lightspeed point-of-sale systems have a simpler way to get their products listed online and potentially reap better placement among Google search results following the integration of a service called Pointy into the three POS system providers. Pointy, based in Ireland, supplies merchants with …

Read More »

Heartland Accuses Former CEO Carr of Giving Girlfriend Money for Improper Stock Purchase; Carr Calls It a ‘Smear Campaign’

Heartland Payment Systems, now a subsidiary of merchant acquirer Global Payments Inc., filed a lawsuit this week accusing its former chief executive Robert O. Carr of breach of fiduciary duty by giving a woman described as his girlfriend approximately $1 million to buy Heartland stock before Global Payments’s offer to …

Read More »

Delaware Moves to Wider Sports Betting As States Look to Exercise Newly Granted Discretion

Delaware will begin allowing single-game sports betting at three casinos starting June 5, the state announced on Thursday. The move makes Delaware only the second state to allow single-game bets and represents the latest result of the U.S. Supreme Court’s decision last month to strike down a 26-year-old law that …

Read More »

Square Closes Weebly Deal and other Digital Transactions News briefs from 6/1/18

Square Inc. updated its second-quarter and full-year guidance following its acquisition of e-commerce site provider Weebly Inc., which closed Friday. Square now expects its full-year revenue to range from $3.03 billion to $3.09 billion, up from $3 billion to $3.06 billion. For the second quarter, it forecasts $744 million to …

Read More »

Signifyd Gets a $100 Million Investment As Retailers Feel Online Fraud Pain

Vendor Signifyd Inc. said it lined up $100 million in funding to fuel its growth as an e-commerce fraud-prevention specialist. Announced this week, the Series D funding comes as retailers struggle to find effective ways to counter sophisticated online criminals amidst burgeoning online sales. E-commerce fraud over a two-year period through …

Read More »

Eye on Virtual Cards: A New API And New Software Promise to Ease a Heavy Burden

Three companies on Thursday released technology aimed at streamlining virtual cards, digital versions of familiar plastic credit cards that banks can issue to consumers and businesses. Switch Inc. unveiled a version of its Cardsavr card-on-file technology that issuers can integrate now. The new release automates the entry and updating chore …

Read More »

Digitally-Oriented Millennials Put Their Mark on Loyalty Programs

Young adults like loyalty programs even more than older consumers, and the so-called Millennial generation has its own preferences for types of loyalty programs and the form factors for connecting merchants and consumers, according to new research from Hawk Incentives. For example, as a group, respondents to a Hawk Incentives …

Read More »

ParkWhiz Buys CodiPark and other Digital Transactions News briefs from 5/31/18

Parking management and payments provider ParkWhiz acquired CodiPark, an Israeli firm whose app allows users to pay for a parking space when they drive up to a garage, a function that adds to ParkWhiz’s pre-booking app. Terms were not announced. POSaBIT Ltd., a financial-technology company specializing in digital currency at the …

Read More »

Generation Z Emerges With a New Way of Thinking About Payments

Generation Z is about to become a major force in financial services and payments, and that will change how payments providers market their services to them. That assertion, in the “Technologies Influencing Generation Z Payments Adoption” report released this week by Javelin Strategy & Research, is based, in part, on …

Read More »