Tuesday , March 3, 2026

Digital Transactions News staff

Issuers Face Increased Chargeoffs and other Digital Transactions News briefs from 12/28/17

Merchant processor EVO Payments International said it has an agreement with Madrid-based Liberbank SA to buy Liberbank’s merchant-acquiring business in Spain; terms of the deal, which is expected to close by March 31, were not disclosed. Credit card delinquencies and chargeoffs have increased slightly over the past year, according to …

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Amazon’s Voice Shopping and other Digital Transactions News briefs from 12/27/17

Mastercard Inc.’s latest SpendingPulse report says year-over-year holiday sales increased 4.9%, their best showing since 2011. Online sales grew 18.1%. The report for the Nov. 1-Dec. 24 period covers all payment types, including cash and checks. Without being more specific, Amazon.com Inc. said “millions” of members of Amazon Prime shopped …

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Bitcoin’s True Value and other Digital Transactions News briefs from 12/26/17

Due to a data breach that affected an unknown number of customers, Nissan Canada Finance, the financial division of automaker Nissan’s Canadian operation, is contacting all of its 1.13 million current and former customers; the breach may have compromised customer names, credit scores, loan amounts, and other information, Nissan said. …

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CFPB Postpones Prepaid Rule Again and other Digital Transactions News briefs from 12/22/17

The Consumer Financial Protection Bureau announced its intention to extend once again the effective date of its massive 2016 rule governing prepaid accounts “to allow additional time for implementation of the final rule.” The announcement does not specify a new effective date. The agency had earlier extended the deadline from …

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Payment Data’s Stock Move and other Digital Transactions News briefs from 12/21/17

Point-of-sale system maker Touch Dynamic debuted the Breeze Ultra All-In-One POS terminal. Payment Data Systems Inc. said it will sell 1.18 million shares of common stock to institutional investors at $2.55 per share. The merchant processor anticipates net proceeds of $2.75 million after expenses, which it will use for general …

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Chargeback Releases Dispute Management Tool and other Digital Transactions News briefs from 12/20/17

Chargeback.com Inc. released the Chargeback App to aid employees in managing a retailer’s chargeback disputes. The commerce-technology provider Big Commerce agreed to make Visa Checkout available to its more than 55,000 merchant clients. More than 28 million card accounts are enrolled in Visa Checkout, which streamlines the payment process with users’ …

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BlueSnap Lands More Integrations and other Digital Transactions News briefs from 12/19/17

Fit Pay Inc. will bring contactless-payment technology to wearable devices in Australia under an agreement with Australia and New Zealand Banking Group Ltd. Fit Pay is a unit of Florida-based NXT-ID Inc. Payments provider BlueSnap Inc. announced integrations with six software and services providers. Bluefin Payment Systems said it received …

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Global ATM Cash Withdrawal Volume Grows and other Digital Transactions News briefs from 12/18/17

Visa Inc. fired one of its most prominent executives, Jim McCarthy, executive vice president of innovation and strategic partnerships, Dec. 1 because of inappropriate relationships with female Visa employees, according to The Wall Street Journal; theJournal said Visa launched an investigation into McCarthy’s actions after CEO Alfred Kelly received an …

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BitPay Looks to More Crypto Choices and other Digital Transactions News briefs from 12/15/17

Seven retail trade groups filed a joint amicus brief in a case now before the U.S. Supreme Court in which 11 states, led by Ohio, are appealing a U.S. Court of Appeals decision that upholds American Express Co.’s rule prohibiting merchants from steering customers to cards with lower acceptance costs. …

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Recurly Chooses Adyen for Expansion and other Digital Transactions News briefs from 12/14/17

Payrange Inc., a developer of mobile-payment applications for washers, dryers, and other machines, introduced its product for Speed Queen and Maytag laundry machines. Subscription-management platform provider Recurly Inc. said it will use international payments provider Adyen to further expand its global business. Cornerstone Bank became the 200th financial institution to …

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