Tuesday , July 17, 2018

Revel Systems Debuts Revel University and other Digital Transactions News briefs

• Tablet-based point-of-sale provider Revel Systems launched Revel University, an online training service for merchants using its technology.

• Payments provider BlueSnap Inc. said merchants using its Powered Buy Platform now can accept Apple Pay transactions.

• Nineteen percent of consumers used person-to-person payments through a financial institution in the past 30 days in a 2016, compared to 14% in 2015, according to research from Fiserv Inc. Using the same criteria, digital-wallet usage also grew, to 13% from 11% in 2015 and 8% in 2014.

• Credit-union processor PSCU said it will offer card-not-present fraud-prevention services from Ethoca, a fraud-control specialist, to its clients.

• PayRange Inc., whose technology allows mobile users to make vending-machine transactions, said it has been awarded a patent by the United States Patent and Trademark Office for technology that sends a vending machine’s status to a mobile device to notify users of the status of a transaction. The patent number is 9659296.

• EFS, a unit of corporate-payments provider Wex Inc., introduced a mobile app allowing professional drivers to check card balances and recent transactions.

• Hyperwallet, a provider of payouts globally, said it expanded its loyalty program with a larger rewards catalog and preferred pricing for business services from Intuit, TelaMed Access, and LegalZoom.

• In a study of commonly counterfeited currencies, banking-services hardware provider Cummins Allison says the $20 bill is the most commonly counterfeited bank note in the United States, while counterfeiters abroad prefer to make fake $100 bills.

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