Saturday , July 4, 2020

Digital Transactions News staff

MoneyGram Volume Up and other Digital Transactions News briefs from 2/25/20

Wire-transfer provider MoneyGram International Inc. said transaction volume from its MoneyGram Online service grew 39% year-over-year in the fourth quarter; the company reported a net loss of $11.9 million compared with a loss of $12.5 million in 2018’s fourth quarter.Former Fit Pay Inc. shareholders are suing Garmin International, alleging the company, known for its …

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More Than 600 FIs Join Zelle Via Fiserv and other Digital Transactions News briefs from 2/24/20

Fiserv Inc. announced more than 600 financial institutions have joined the Zelle peer-to-peer payments network through its Turnkey Service for Zelle program, with more than 300 of those institutions coming on board last year.Private-equity firm Great Hill Partners and payments provider VersaPay Corp. announced the closing of the previously announced acquisition of VersaPay by an …

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Western States Names Officers and other Digital Transactions News briefs from 2/21/20

The Western States Acquirers Association announced Jason Putnam, a TIB-The Independent BankersBank executive, is president for 2020, having been a board member for the past 11 years. Deborah Camm, a Merrick Bank executive, is the vice president. Chase Oelkers of Folium Biosciences and Scott Defazio of Fiserv were elected directors. John Newton …

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Green Dot Dollar Volume Up and other Digital Transactions News briefs from 2/20/20

Prepaid card and banking services provider Green Dot Corp. reported $10.6 billion in gross dollar volume on its products for the fourth quarter, up 8% year-over-year. Green Dot also announced a multi-year extension of its contract with Apple Inc. for issuing the Apple Cash card.ATM network operator Cardtronics plc said Amazon.com customers can now add cash to …

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ParkMobile’s 18 Million Users and other Digital Transactions News briefs from 2/19/20

ParkMobile LLC, a provider of mobile parking payments, said it has reached 18 million users after a 110% two-year growth rate. It also said it has appointed John Brown chief operations officer. Brown previously held executive positions at Clutch Technologies, Cardlytics, and Fiserv Inc.Payment card provider CPI Card Group Inc. announced its …

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Fiserv Tests PIN-on-Mobile and other Digital Transactions News briefs from 2/18/20

Fiserv Inc. said its First Data unit is piloting PIN-on-mobile technology in Poland, with plans to expand the program to the rest of Europe, the Middle East, Africa, and the Asia-Pacific region. The technology, which allows merchants to accept PINs on off-the-shelf mobile devices, was developed in collaboration with Visa Inc., Samsung Electronics …

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Chargebacks911’s Tips on BOPUS Fraud and other Digital Transactions News briefs from 2/17/20

Chargebacks911 released a set of tips for retailers about managing buy-online, pickup-in store fraud.VersaPay Corp., a provider of electronic invoice presentment and payment, said its shareholders overwhelmingly approved acquisition of all outstanding common shares by 1233518 B.C. Ltd., an affiliate of private-equity firm Great Hill Partners. Shareholders will receive $2.70 Canadian …

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Ingenico Names New North America Executive and other Digital Transactions News briefs from 2/14/20

Ingenico Group S.A. named Peter Stewart executive vice president of Ingenico North America. Stewart has more than 25 years of experience in the technology industry. A specialist in point-of-sale equipment and processing, Ingenico Group has agreed to be acquired by processor Worldline S.A. in an $8.6 billion deal.CHR Corp., which does business under …

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WooCommerce Adds CBD-Specific Features and other Digital Transactions News briefs from 2/13/20

E-commerce platform WooCommerce said it is offering CBD-selling merchants new services for monitoring security issues, printing shipping labels, and automatic tax calculation.Acadia POS and merchant-services provider GCG Consulting Inc. said they handled nearly 50,000 transactions on 77 PAX Technology point-of-sale devices at the recent Waste Management Phoenix Open.Business-payments firm Biller Genie said its clients are …

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PayPal Funds Firearms Payments Research and other Digital Transactions News briefs from 2/12/20

PayPal Holdings Inc. said it and the Center on Crime and Community Resilience at Northeastern University, along with the University of Chicago Crime Lab, formed a research project to examine payment methods used to finance illegally-sourced firearms with the goal of combatting the illegal sale of guns.Processor Fiserv Inc. announced its “Scan to …

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