Thursday , March 28, 2024

Search Results for: cryptocurrency

The Price of Stability

And you thought stablecoins were all about ‘set it and forget it.’ Some—including the government—think otherwise. It is one of the ironies of the payments business these days that there seems to be little that’s stable about the news surrounding stablecoins. For a concept that came on the scene a …

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PayPal, Venmo, Amazon, And the Super App

PayPal Holdings Inc.’s big news in November was that U.S. users of its Venmo wallet will be able to pay with Venmo on Amazon.com Inc.’s massive marketplace and on the Amazon shopping app, starting in 2022. The news comes as the latest development in a long effort PayPal has engaged …

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Phishing Attacks Have Reached an Alarming Level, With a Record High in July

It’s well-known by now that e-commerce activity is on a sharp upswing, but the underside of that trend is that fraud is rising fast, as well. Phishing attacks, for example, hit a record high in July, according to the Anti-Phishing Working Group, which on Monday released its report for the …

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Crypto Platform Bakkt Reports 38% Revenue Jump and other Digital Transactions News briefs from 11/12/21

Cryptocurrency platform Bakkt Holdings Inc. reported $9.1 million in revenue for the quarter ended Sept. 30, up 38% year-over-year. The company’s net loss expanded 61% to $28.8 million. Bakkt has recently formed partnerships with Mastercard Inc. to allow banks to issue crypto-linked credit and debit cards and with Fiserv Inc. for a future integration …

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PayPal Announces a Venmo Deal With Amazon And a Promising Launch for Its ‘Super App’

PayPal Holdings Inc. announced late Monday U.S. users of its Venmo wallet will be able to use Venmo on Amazon.com Inc.’s massive marketplace and on the Amazon shopping app in the U.S. market, starting in 2022. The news comes as the latest development in a long effort PayPal has engaged …

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U.S. Bank’s Bill Pay Tweak and other Digital Transactions News briefs from 11/8/21

U.S. Bank said it added its Request for Payment services to its U.S. Bank eBill Service, enabling the bank’s commercial clients access to an integrated bill delivery and payment platform. The Request for Payment component enables consumers to choose to have their bills delivered directly to them through the bank’s Web …

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Lightspeed’s Revenue Jumps 193% and other Digital Transactions News briefs from 11/4/21

Payments provider Lightspeed Commerce Inc. reported revenue for its quarter ended Sept. 30 of $133.2 million, up 193% year over year. The number includes contributions from recent acquisitions, including NuOrder, Vend, Upserve, and ShopKeep.FreedomPay Inc. said restaurant chain Shake Shack will use its Touchless Commerce service at more than 200 locations. This will …

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Global Payments Ramps up While Reporting New Ties to PayPal And Growth in BNPL

The big processor Global Payments Inc. on Tuesday morning reported a busy third quarter that included an expansion of its relationship with PayPal Holdings Inc., ventures in the hot buy now, pay later market, recovery from the pandemic’s impact, and growth in the company’s issuer business stemming from its link …

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Jack Henry’s Zelle Incentive and other Digital Transactions News briefs from 11/2/21

Jack Henry & Associates Inc. and Early Warning Services LLC, the Zelle operator, announced a rebate program through June 2022 for minority-owned depository institutions that enable Zelle via Jack Henry’s JHA PayCenter, its faster payments hub.Prepaid Technologies Co. Inc. said it raised $96 million in its latest funding round that it will use …

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15th Annual The 10 Most Pressing Issues in E-Payments

After more than 18 months of pandemic, are you on the road to normal? In this, our annual catalog of woes and worries, we shine the spotlight on that road’s biggest potholes. Well, nobody signed up for this, right? More than a year-and-a-half after what had been a booming economy …

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Digital Transactions