Thursday , April 25, 2024

Vantiv’s Bank Referral Deal and other Digital Transactions News briefs

  • Retailer J.C. Penney Co. Inc. announced it now accepts Apple Pay in its stores. The Penney store card will be available for use with Apple Pay, enabling cardholders to earn shopping points through JCPenney Rewards, the store’s loyalty program.
  • Merchant processor Vantiv Inc. announced it has been selected by Columbia Bank, Tacoma, Wash., to provide payments services to the bank’s business clients via a multiyear agreement.
  • Payably, a company that specializes in integrating mobile payments into QuickBooks Online, announced an integration with CardConnect.
  • NCR Corp. said the Grubhub online-ordering platform would be integrated into its NCR Aloha point-of-sale platform for restaurants.
  • Against a backdrop of record-high transaction fees on the Bitcoin network, the population of Bitcoin ATMs grew at a record number in June, increasing by a net 91 machines worldwide to 1,324, according to Coinatmradar.com. The United States accounts for 808 of the machines, up from 753 at the end of May.
  • On Track Innovations Ltd., a maker of payment devices using near-field communication, said its new Uno-8 (Saturn 8700) contactless reader has been given EMVCo Modular Level 2 Terminal approval. Modular architecture allows merchants to deploy new applications without a requirement to re-certify the entire terminal for EMV, according to OTI.
  • The Atlantis Paradise Island resort in the Bahamas said security professionals have fixed an incident involving “suspicious files” on its system that may have compromised payment information for some customers who used credit or debit cards at food-and-beverage and retail locations within the resort between Nov. 1, 2016, and April 3, 2017.
  • First Data Corp. expanded its board of directors from eight members to nine with the election of technology executive Henrique De Castro as a director; De Castro most recently was chief operating officer at Yahoo! Inc. and has held executive positions at Google, Dell, and McKinsey & Co.

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