Wednesday , March 21, 2018


January, 2018

December, 2017

  • 29 December

    ATM Operator Prineta Makes Acquisition and other Digital Transactions News briefs from 12/29/17

    Kansas-based ATM operator Prineta LLC said it has acquired 20 ATMs in Corpus Christi and Coastal South Texas. The seller’s identity was not immediately available. Prineta operates more than 1,000 ATMs nationwide, according to a spokesman. This is the company’s third ATM acquisition in 2017. Forever 21 Inc. reported encryption …

  • 28 December

    Issuers Face Increased Chargeoffs and other Digital Transactions News briefs from 12/28/17

    Merchant processor EVO Payments International said it has an agreement with Madrid-based Liberbank SA to buy Liberbank’s merchant-acquiring business in Spain; terms of the deal, which is expected to close by March 31, were not disclosed. Credit card delinquencies and chargeoffs have increased slightly over the past year, according to …

  • 27 December

    Amazon’s Voice Shopping and other Digital Transactions News briefs from 12/27/17

    Mastercard Inc.’s latest SpendingPulse report says year-over-year holiday sales increased 4.9%, their best showing since 2011. Online sales grew 18.1%. The report for the Nov. 1-Dec. 24 period covers all payment types, including cash and checks. Without being more specific, Inc. said “millions” of members of Amazon Prime shopped …

  • 26 December

    Bitcoin’s True Value and other Digital Transactions News briefs from 12/26/17

    Due to a data breach that affected an unknown number of customers, Nissan Canada Finance, the financial division of automaker Nissan’s Canadian operation, is contacting all of its 1.13 million current and former customers; the breach may have compromised customer names, credit scores, loan amounts, and other information, Nissan said. …

  • 22 December

    CFPB Postpones Prepaid Rule Again and other Digital Transactions News briefs from 12/22/17

    The Consumer Financial Protection Bureau announced its intention to extend once again the effective date of its massive 2016 rule governing prepaid accounts “to allow additional time for implementation of the final rule.” The announcement does not specify a new effective date. The agency had earlier extended the deadline from …

  • 21 December

    COMMENTARY: Five Tips To Help Your Merchants Master Their Loyalty Programs

    Swipe, confirm sale, and sign. Swipe, confirm sale, and sign. Checkout on a point-of-sale system is a routine engagement for today’s consumers, and as such, many businesses overlook the opportunities that a POS system can provide. As an advisor to these businesses, you can inform them that POS is no …

  • 21 December

    Credit Card Payments Continue To Lead the Pack in Growth, Fed Study Finds

    Boosted by e-commerce sales, growth in credit card payments far outpaced growth in debit card and automated clearing house payments in 2016, according to newly released findings from the Federal Reserve. Credit card transactions grew 10.2% from 2015’s levels to 37.3 billion and were valued at $3.27 trillion, the Fed …

  • 21 December

    In the Wake of Bitcoin Mania, Transaction Fees Surge for a Trio of Major Cryptocurrencies

    Bitcoin’s high-flying value has lost some altitude lately, but the cost to perform a transaction is reaching record highs. At the same time, other major cryptocurrencies have also become increasingly expensive not only to buy but to use as a means of exchange. The average fee to perform a Bitcoin …

  • 21 December

    Mobile Wallets Team Up With Networks, Issuers, and Merchants for Consumer Attention

    The holiday shopping season may be coming to a close, but mashups between mobile-wallet providers, merchants, payment card networks, and card issuers are likely to continue indefinitely as all groups seek more transaction volume from consumers. Apple Inc. has been active this holiday season. In one promotion, Apple is offering …