Transaction Network Services announced its Global Wireless Access service now supports 4G roaming in more than 60 nations for use with mobile point-of-sale terminals. Fitbit Inc., maker of wearable fitness devices, released the Fitbit Versa smart watch that includes a contactless-payments capability. Payments provider i2c Inc. announced plans to open …
Read More »Food Distributor Selects FTNI and other Digital Transactions News briefs from 3/12/18
VeriFone Systems Inc. introduced its Carbon Mobile 5, a point-of-sale device that fits in the palm of the hand and can run payment, loyalty, and inventory-management applications on the Android operating system. Financial Transmission Network Inc. (FTNI) said Merchants Foodservice, which FTNI says is the 12th-largest U.S. food-service distributor, will …
Read More »Veem Now Offers Working Capital and other Digital Transactions News briefs from 3/9/18
Cross-border payments provider Veem announced it now offers working capital to merchants through a deal with merchant-financier BlueVine. Payments provider Bluefin Payment Systems LLC said its services will be available to users of practice-management software from Rev360 that is designed for use in eye-care practices. Payments provider Century Business Solutions …
Read More »The Bancorp Bank Settles With the FDIC and other Digital Transactions News briefs from 3/8/18
Mobile-payment and -loyalty provider LevelUp announced an integration with Gusto Point of Sale, a vendor of Web, kiosk, and mobile technology for restaurants. Under a settlement between the Federal Deposit Insurance Corp. and The Bancorp Bank, the prepaid card issuer is to pay a $2 million fine and nearly $1.3 …
Read More »Some Debit Card Fraud Increased in 2017 and other Digital Transactions News briefs from 3/7/18
The number of debit cards compromised at ATMs and merchant terminals increased 10% in the United States last year, according to antifraud-technology vendor FICO. Newtek Business Services Inc., owner of Newtek Merchant Solutions and Premier Payments LLC, says its payments unit processed $6.1 billion in volume last year. Point-of-sale terminal …
Read More »Blackhawk’s Wells Fargo Deal and other Digital Transactions News briefs from 3/6/18
Point-of-sale software maker GiftLogic said its product now supports the Ingenico iCMP wireless POS terminal with Vantiv Integrated Payments. Prepaid and gift-card specialist Blackhawk Network Holdings Inc. said it will supply the gift card products for Wells Fargo’s Go Far Rewards program. Blackhawk is managing the gift card reward element …
Read More »Network Merchants Closes Creditcall Acquisition and other Digital Transactions News briefs from 3/5/18
Network Merchants LLC, a technology provider for independent sales organizations, acquirers, and independent software vendors, closed its previously announced acquisition of gateway and EMV technology provider Creditcall for an undisclosed price. Digital cross-border person-to-person remittances will total $300 billion by 2021, up from an estimated $225 billion this year, according …
Read More »More Equifax Disclosures and other Digital Transactions News briefs from 3/2/18
Equifax Inc. said it expects costs from its massive 2017 data breach to hit $275 million this year, offset by $75 million in insurance proceeds, Reuters reported. The credit-reporting agency also disclosed that another 2.4 million people were affected by the cyber attack in addition to the more than 145 …
Read More »SignaPay Announces New Products and other Digital Transactions News briefs from 3/1/18
Point-of-sale equipment maker Ingenico Group announced a PIN-on-glass product suite that includes a secure card reader and a back-end verification service. Payments provider SignaPay Ltd. announced two new products, the PayHub Plus Payment Gateway and the PayLo Mynt POS System, which offers a variety of customized point-of-sale software packages. In …
Read More »Apple Pay Cash Use at 3% for Younger Users and other Digital Transactions News briefs from 2/28/18
ZipfWorks Inc., owner of online coupon code site Dealspotr.com, released the results of a mobile-payments survey that found that 15% of consumers between 18 and 35 years old used Apple Pay while shopping online. Ten percent of this age group used Apple Pay in a store. It also found that …
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