Tuesday , November 13, 2018

News

November, 2018

  • 7 November

    Predicted Contactless-Card Boom Remains Just That for Card Manufacturer CPI Card Group

    Despite predictions of an upsurge in contactless payment cards, so-called tap-and-go cards have yet to generate much revenue for a major U.S.-based card manufacturer, CPI Card Group Inc. Such cards are often called dual-interface cards because they support both contact EMV chip card transactions at point-of-sale terminals as well as …

  • 7 November

    Saving ISO Programs From Outdated Legacy Systems

    The payments industry changes quickly as new regulations and market demands force continual improvement. Legacy systems struggle to keep up, and the ISOs on those platforms feel the pain. PaymentSpring felt it was time to change that by creating a flexible new processing platform that gives ISOs and software providers …

  • 7 November

    Pay-at-the-Table Comes to a Restaurant Group With Ingenico Devices

    A restaurant franchiser is deploying Ingenico Group point-of-sale terminals as part of a migration to pay-at-the-table payment acceptance at its TGI Friday’s and Zinburger Wine and Burger Bar locations, Ingenico announced Wednesday. The deal ultimately will see pay-at-the-table service, where the server brings the POS terminal to diners at their …

  • 6 November

    Ensuring Electronic Payment Security for Specialty Merchants

      Most merchants are in business because of their passion about a product or service, and because they are interested in making money. To succeed, business owners must be prepared for the many obstacles they can face. When it comes to electronic payment acceptance, security is one of the challenges …

  • 6 November

    Ingenico Sacks Its CEO As It Considers ‘Strategic Options’

    Point-of-sale terminal maker and payment processor Ingenico Group on Monday announced an executive shakeup that saw long-time chairman and chief executive Philippe Lazare replaced by the former CEO of Visa Europe. Lazare’s replacement and other boardroom changes come shortly after the Paris-based company said it was exploring “strategic options” in …

  • 6 November

    PaySimple in MarketSharp Deal and other Digital Transactions News briefs from 11/6/18

    E-commerce platform 3dcart announced an integration with TradeGecko, a cloud-based inventory-management platform for business-to-business companies. The integration means online retailers can synchronize their 3dcart store with their TradeGecko account, 3dcart said. Payments provider PaySimple announced its services are now available to users of MarketSharp, marketing and management software program for …

  • 6 November

    In the Shadow of Amazon, 7-Eleven’s Scan & Pay Brings Mobile Checkout to the C-Store Chain

    Consumers shopping at 14 7-Eleven Inc. stores in the Dallas area can test the convenience-store chain’s new Scan & Pay feature to make purchases without stopping at the checkout counter, 7-Eleven announced Monday. The service, part of the 7-Eleven app that also houses the 7Rewards loyalty feature, enables consumers to …

  • 5 November

    October’s Market Tumult Ensnares Most Processor Stocks

    The stock-market volatility in October, which saw the Standard & Poor’s 500 stock index decrease 7.8% by the end of the month, spared few of the publicly held payment processors tracked by Barrington Research, a Chicago-based investment firm. In its monthly report, Barrington Research says only Puerto Rico-based Evertec Inc., …

  • 5 November

    How Two New Collaborations Could Speed up the Move Toward Digital B2B Payments

    Payments between businesses have long remained ensnarled in paper processes that consumer payments have largely left behind, but lately signs have emerged that technology is at work streamlining business-to-business transactions. On Monday, fleet-fueling and corporate-payments specialist WEX Inc. said it will work with American Express Co. to allow clients to …

  • 5 November

    Mitek Rejects ASG’s ‘Underwhelming’ Buyout Offer

    Mitek Systems Inc. reported early Monday that its board of directors “unanimously rejects” last week’s unsolicited buyout offer from business software firm ASG Technologies Inc., saying it “is not in the best interests of Mitek’s shareholders.” Today’s announcement is no surprise. Chairman Bruce Hansen on Thursday signaled that he and …