Digital Transactions Authoritative, insightful and timely information for payments professionals
The big open-banking provider Plaid Inc. on Thursday launched a major international campaign to support so-called account-based payments, working in league with almost 50 fintech companies and service providers in North America and Europe. The partners include long-time Plaid allies Dwolla Inc. and Square Inc., as well as new connections …
October, 2021
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21 October
PayPal Buying Pinterest? and other Digital Transactions News briefs from 10/21/21
PayPal Holdings Inc. might buy the Pinterest social media company for approximately $45 billion in what would be the tech industry’s biggest takeover of 2021, Bloomberg reported.The Consumer Financial Protection Bureau has issued an order to Amazon, Apple, Facebook, Google, PayPal, and Square asking for information on how they use personal payment data …
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20 October
AmEx and Goldman’s Tie-Up and other Digital Transactions News briefs from 10/20/21
American Express Co. said it and Goldman Sachs Transaction Banking are collaborating on a cloud-based payments service for large corporate clients. AmEx’s virtual cards will be available in the Goldman Sachs TxB platform, which already offers automated clearing house, wire, and foreign currency payments.A study from Alliance Data Systems Corp. indicates 27% of …
August, 2021
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3 August
Make Call Center Payments Easy with Virtual Terminal
By Sherrie Bryant, Marketing Director, Exact Payments Providing fast, convenient customer service is fundamental to successful call center management. However, consumers continually seem to raise the bar as their behaviors evolve. At one time, convenience meant enabling customers to call rather than drive to a physical location to make purchases, …
July, 2021
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20 July
The Path to Painless Integrated Payments
By Sherrie Bryant, Marketing Director, Exact Payments Payments integration is quicker and easier when the gateway provides developers with REST APIs and the tools and support necessary for successful projects. As more merchants evolve into omnichannel businesses, integration equals efficiency. Integrated solutions communicate with each other and share data, helping …
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2 July
PayPal’s U.S. POS Thrust With Zettle May Have Been ‘Inevitable,’ But It Faces Tough Rivalry
PayPal Holdings Inc.’s decision to bring its Zettle point-of-sale technology to the U.S. market may not surprise observers, but the move presents some formidable challenges, chiefly in the form of the existing competition, some observers say. At the same time, they add, Zettle brings a potent brand that fills a …
April, 2021
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26 April
Empowering consumers by providing options
SME: Norman Marraccini, SVP, Head of Retail and Commercial Digital Payments Providing consumers options when they purchase and pay is how organizations can provide the best customer experience. COVID-19 has brought this idea to the forefront, with more and more consumers choosing to use technology such as mobile wallets, person …
October, 2020
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20 October
Managing Sanctions Compliance in a Global Economy: Deploying Real-Time Watch List Screening
In today’s global economy, opportunities for growth are often accompanied by an increasingly complex landscape of rules, regulations and compliance issues. Since compliance is now an element of everyday business operations, businesses must employ a measured, holistic program with several key components, including real-time watch list screening. Through new technology, …
August, 2020
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28 August
Small-Business Payments Provider Bill.com Logs Double-Digit Gains in Volumes
Payments volumes for small and mid-size businesses are growing at a quick pace, if the latest information from cloud-based payments-technology company Bill.com Inc. is any indication. The 14-year-old Palo Alto, Calif.-based company processed $25.4 billion in payment volume in the June quarter, fully 26% above the volume handled in the …
