Tuesday , August 16, 2022

ACI Adds Bitcoin Support and other Digital Transactions News briefs

• Payments Canada, which owns and operates that nation’s payment clearing and settlement infrastructure, has hired consulting firm Accenture to advise it on a multiyear program called Modernization, which is aimed at creating a faster-payments regime.

Payments-solutions provider ACI Worldwide said its network of more than 130 payment-service providers serving more than 56,000 merchants can now accept Bitcoin as a result of an agreement with Payment21.com, said to be the first regulated Bitcoin payment processor.

Data-security provider ControlScan, along with the Merchant Acquirers’ Committee, released the 2017 Acquirer PCI and Security Survey, which found that 25% of respondents said their PCI compliance approach caused attrition among their merchants.

To meet customers’ demands for convenience on cross-border transactions, e-commerce clothing merchants RoseWholesale, DressLily, Nastydress, and Trendsgal have adopted so-called local-payment strategies.

The U.S. Payments Forum issued a white paper reviewing experiences from other countries in mitigating fraud in online and mobile channels.

The ATM Industry Association published new best practices for ATM cabinet security and physical key management.

Piedmont Payment Services LLC has added three business-development executives as part of a drive to increase awareness of its billing solutions for the voluntary-benefits industry. The three are Michael Naumann, Matt Ginter, and Jami Augustine.

American Express Co. hired Andy Nicholas, a Citigroup Inc. veteran, as vice president and general manager of its international Global Business Development unit, and Ken Sebastian, a former Visa Inc. executive, as vice president of its U.S. Global Business Development unit.

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