Monday , December 10, 2018

Mobile Commerce

Fast-Growing Adyen Bolsters Its North American Market With a Move Into Canada

Adyen N.V. has had a busy year, and on Tuesday it made yet another significant move by announcing it is now doing business in Canada. The Dutch payments company, which already operates in the United States and Latin America as well as Europe and Asia, also announced four brands as …

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Pushpay Updates for the Religious Sector and other Digital Transactions News briefs from 10/30/18

Prepaid-card provider Card.com said it will feature images of top National Football League players on Visa-branded prepaid cards in a deal with the NFL Players Association. More than 200 player image cards are available. Pushpay Holdings Ltd., a specialist in payments to the U.S. religious sector, said it now offers more …

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First Data Plans To Bring Its Popular Clover Platform to Full-Service Restaurants

First Data Corp. plans to further exploit its fast-growing Clover point-of-sale hardware and software platform for small and mid-sized businesses by bringing it to full-service restaurants. “Clover has always been strong in small, quick-service restaurants, but the FSR segment needs much deeper functionality and is a large addressable software market …

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COMMENTARY: Why an Omnichannel Strategy for Mobile Payments Is Crucial for Merchants

It’s been four years since Apple launched Apple Pay, which together with Google Pay and Samsung Pay has ushered in the modern era of mobile payments. These “Pays” have been joined by mobile-payment solutions from retailers like Starbucks and Walmart, and together with P2P apps that can be used at …

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Ripple Doubles XRP Sales and other Digital Transactions News briefs from 10/29/18

Mobile-payments company PayByPhone said consumers can use its app to pay for parking operated by Tacoma Platinum Parking Partners. PayByPhone said the service covers more than 100 parking spaces in the Washington city. Ripple Labs Inc. said it sold $163.3 million of its XRP cryptocurrency in the third quarter, more …

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As The 2018 Holiday Shopping Season Approaches, So Too Do Criminals, Especially for Online Merchants

Merchants should expect even more consumers to shop online this holiday shopping season. They also should expect even more fraud attempts. New research from Riskified, an Israel-based data-security provider, and cybersecurity firm IntSights finds that the number of false retailer Web sites meant to get consumers to give up their …

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AmEx Acknowledges Investigation and other Digital Transactions News briefs from 10/24/18

Processor Total System Services Inc. (TSYS) said its Merchant Solutions unit processed 1.53 billion point-of-sale transactions in the third quarter, a 22% increase from 1.26 billion a year earlier. Sales volume rose 30% to $40.9 billion. The Consumer Solutions segment, which includes the Netspend prepaid card operation, posted gross dollar …

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As an E-Commerce Payment Spec Goes out for Comment, ‘Commercial Applications’ Could Emerge by Early Spring

With a major new—and somewhat controversial—e-commerce standard now entering a 45-day comment phase, the payments industry is likely to have at least some “commercial applications” ready by early spring, the top executive in charge of Visa Inc.’s implementation tells Digital Transactions News. The specification, known as Secure Remote Commerce, has …

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Card Fraud and Account Takeovers Continue to Haunt Multiple Industries, Says IDology

Credit, debit, and prepaid card fraud shows no signs of retreat, finds the Sixth Annual Fraud Report from IDology, an Atlanta-based identity-verification company. Sixty-seven percent of executive respondents to an IDology survey said card-based fraud is most prevalent among their industries. That compares to 65% in 2017. Other fraud types …

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CardinalCommerce Notes 3-D Secure 2.1 Milestone and other Digital Transactions News briefs from 10/19/18

E-commerce payments provider CardinalCommerce said it completed its first series of 3-D Secure 2.1 transactions with American Express Co., Mastercard Inc., and Visa Inc. The transactions, which were not part of a test, were part of an early-adopter program in which merchants and issuers enabled EMV 3-D Secure 2.1 via CardinalCommerce, …

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