Saturday , January 25, 2020

Kiosks & Ticketing Machines

Uber Adds Public-Transit Payment Option in Las Vegas

After rolling out access to public transportation fare payments on its app in Denver last year, ride-hailing leader Uber Technologies Inc. has added a similar service in Las Vegas. Fare-payment software provider Masabi Ltd. said late Monday that it along with the Regional Transportation Commission of Southern Nevada (RTC) and …

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COMMENTARY: What Will Digital Commerce Look Like in 2020?

Hardly any industry is currently in such a state of flux as is digital commerce. Of course, it’s precisely for this reason that the participating players are particularly concerned with the trends of the future. While it’s no surprise that customers will continue to take center stage, they will do …

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Eye on Contactless: Credit Unions’ Contactless Cards Grow; Mastercard’s New Transit Partner

A leading credit-union service organization reported Wednesday that it has distributed half a million contactless payment cards through some of its members, and Mastercard Inc. has paired up with a French investment firm with an eye on bringing new fare technology to mass-transit systems. St. Petersburg, Fla.-based PSCU says it …

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How Cash-Out Attacks Are Becoming the Next Big Worry for ATM Operators

Payments executives are starting to go public with concerns about a growing type of ATM fraud called the cash-out attack. Unlike the well-known, single-machine attack known as jackpotting, cash-out frauds allow criminals to gain access to multiple machines simultaneously at the network level. They then employ accomplices to visit these …

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Kroger Lifts Visa Ban and other Digital Transactions News briefs from 10/30/19

The Kroger Co. lifted its acceptance ban on Visa credit cards at its Smith’s Food & Drug and Foods Co subsidiaries, according to news reports. Kroger, citing what it called high acceptance costs, first banned the cards at its small Foods Co chain in August 2018 and extended it to the larger Smith’s …

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Eye on Crypto: Moving Beyond Bitcoin ATMs; Fighting ‘Tribalism’ on the Blockchain

Facebook Inc. and its proposed Libra cryptocurrency may have stolen the headlines lately, but in the background companies are working to make cryptocurrency like Bitcoin easier to buy and sell by deploying specialized kiosks and simplifying what can seem to outsiders a quite abstruse payment process. One of the most …

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USA Technologies Finally Files Its Overdue Financial Reports

Unattended-payments provider USA Technologies Inc. announced late Wednesday that it has filed overdue financial reports for its fiscal years 2019 and 2018 ended June 30, as well as several late quarterly reports. The company also restated financial data for some periods dating back to fiscal 2015. The new filings and …

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Turnkey Risk Rebrands as Humaitrix and other Digital Transactions News briefs from 9/17/19

Turnkey Risk Solutions, a risk-management firm specializing in first-party fraud, rebranded as Humaitrix LLC. Payments veterans John J. Leehy III joined the company as chief executive and Gregory W. Sahrmann joined as the chief operating officer. Amy Walraven, a former JPMorgan Chase & Co. risk executive, is founder, president, and chief …

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USA Technologies Seeks Another Deadline Extension for Filing Late Reports; Shares Plunge

Already nearly a year late in filing the first of several overdue financial reports and with its stock facing delisting, vending machine payments provider USA Technologies Inc. on Wednesday reported it has asked The Nasdaq Stock Market LLC for yet another extension to file required documents. The delay request is …

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Contactless Gets Another Boost With Mass Transit’s Embrace of Tap-And-Pay in Miami

Is 2019 turning into the year of contactless payment for mass transit? Miami-Dade County announced Wednesday it has started accepting contactless cards and mobile wallets at gates at 23 commuter train stations, with plans to include bus fares later this summer. The move follows New York City’s adoption in May …

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