Friday , February 6, 2026

Digital Transactions News staff

Square Withdraws Bank Charter App and other Digital Transactions News briefs from 7/6/18

Square Inc. has withdrawn a banking-charter application it made in September with the Federal Deposit Insurance Corp., saying it will re-file the application later after reviewing and strengthening it. A related application with the Utah Department of Financial Institutions remains active. Both applications are for an industrial-loan corporation, which is …

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Century Business Solutions Debuts Agent Program and other Digital Transactions News briefs from 7/5/18

In a finding that resolves differing decisions by lower courts, the United Kingdom Court of Appeal ruled in favor of retailers challenging interchange fees set by Visa Inc. and Mastercard Inc. as anti-competitive, Bloomberg reported. The case, however, now goes to a tribunal that reviews business-competition disputes. Payments provider Century Business …

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PayPal Completes Synchrony Deal and other Digital Transactions News briefs from 7/3/18

Token, a provider of contactless payment terminals tailored for events, launched its Mini-Serve EFTPOS system, which allows attendees at events or venues to top up their wristbands or badges with payment cards or mobile wallets. In an expansion of a relationship that dates back to 2004, PayPal Holdings Inc. has …

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Mobile POS Devices To Reach 27 million by 2021 and other Digital Transactions News briefs from 7/2/18

Mobile-commerce technology provider Shopgate Inc. said it has joined the Shopfiy Plus Technology Partner Program, which will allow Shopify Plus merchants to access Shopgate’s mobile-app platform. The installed base of mobile point-of-sale devices in the United States will grow to 27.7 million by 2021, compared to 3.2 million in 2014, …

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NCR Opts for Bluefin Tech and other Digital Transactions News briefs from 6/29/18

Payments-technology provider Bluefin Payment Systems said NCR Corp. is using Bluefin’s point-to-point encryption service at merchants deploying NCR’s Counterpoint Retail Solution to process payments through NCR Secure Pay. Payments provider Merchant Consulting Group, which was founded in 2005, changed its name to Paystri. Credit-union processor PSCU said its new Lumin …

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NCR Integrates Fraud Prevention Service and other Digital Transactions News briefs from 6/28/18

ATM manufacturer NCR Corp. said it integrated AFS TrueChecks, a service from Advanced Fraud Solutions for preventing check fraud, into its platform for interactive teller machines. Shift4 Payments announced an integration with Megasys Hospitality Solutions, developer of the Portfolio HMS software application for lodging businesses. AvidXchange, a startup providing payment-automation …

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TrustCommerce Announces an Integration and other Digital Transactions News briefs from 6/27/18

Captiva MVP Restaurant Partners LLC, operator of the PDQ fast-casual chain, reported that a hacker accessed its computer system through a technology vendor’s “remote connection tool” and may have compromised an undisclosed quantity of payment card numbers, cardholder names, expiration dates, and verification values. The breach, which affected all but three …

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Incomm Partners with CheckFreePay and other Digital Transactions News briefs from 6/26/18

Bill.com announced that, at more than $52 billion, it has surpassed the $50-billion mark in bill payments processed annually for more than 3 million small-business clients. Prepaid specialist Incomm announced it is working with CheckFreePay Corp., a unit of Fiserv Inc., on a cash-based bill-payment service in store checkout lanes. …

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Worldnet TPS Completes Apple Pay Certification and other Digital Transactions News briefs from 6/25/18

VyStar Credit Union joined the Cardtronics plc network, enabling its members to have fee-free access at more than 20,000 Cardtronics ATMs. ATM operator Prineta LLC said it is the new ATM vendor at the Renaissance Columbus Westerville-Polaris Hotel in Columbus, Ohio. Payments provider Worldnet TPS Ltd. said it has completed …

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PayPal Buying Simility for $120 Million and other Digital Transactions News briefs from 6/22/18

PayPal Holdings Inc. said it is buying Simility, a fraud-prevention and risk-management platform, for $120 million. Once the deal closes—expected in the third quarter—PayPal merchants will get access to Simility’s fraud tools, the company said. This is PayPal’s second acquisition announced this week. Wednesday PayPal said it was buying Hyperwallet for …

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