Saturday , January 19, 2019

Tru Shop-by-Payment Launches and other Digital Transactions News briefs from 10/16/18

  • Payments-networking provider Transaction Network Services has agreed to acquire Advam, an Australian provider of unattended and e-commerce payments processing. Terms were not disclosed.
  • E-commerce technology provider tru Payments LLC launched tru Shop-by-Payment, a cloud-based service that lets consumers shop for a new car and auto financing at the same time.
  • Bill-payment specialist BillGO announced the acquisition of Prism, a bill-pay service with a network of more than 11,000 billers. Terms were not disclosed.
  • Network Merchants Inc. launched what it calls a unified payments engine, which relies on a single token to handle payments across an array of channels, including in-store, mobile, online, and self-service. The engine is aimed at independent sales organizations and other resellers.
  • Merchant processor Payment Data Systems Inc. said its FiCentive unit added SVM LP and Uniteller as users of its prepaid card platform.
  • Bluefin Payment Systems LLC said it is working with TokenEx, a tokenization vendor. Bluefin will supply its point-to-point encryption service to TokenEx’s clients and TokenEx will supply its cloud-tokenization service to Bluefin customers.
  • Payments specialist Splitit said 35% of consumers would be more likely to shop online if they were offered interest-free monthly installment payments.
  • Payment-card specialist Entrust Datacard Corp. appointed former First Data Corp. executive Karen Kaukol chief marketing officer. Kaukol has been the company’s vice president in charge of its instant-issuance portfolio.
  • Payments provider Payscout formed an advisory board that includes Charles S. Crawford, founder and managing director of River Creek Ventures LLC. Crawford, also cofounder and managing director of business-finance firm Hemisphere LM Capital, previously worked at The Bancorp Bank and Merrick Bank.

Check Also

Fiserv’s Planned Acquisition of First Data Raises Questions About the Debit Market’s Future

The proposed merger of Fiserv Inc. and mega-processor First Data Corp. has huge implications for …