It’s a busy time in the point-of-sale arena as three vendors—GrabScanGo, Square, and Verifone—note new products, customers, and features. GrabScanGo, the product name for GSG AveriGo LLC, says it has made its self-checkout platform a plug-and-play installation. Cerritos, Calif.-based GrabScanGo says the self-checkout platform, already in use in hotel brands such …
Read More »Gaming, Daily Purchasing, and Travel, Top Crypto Wallet Users’ Wish List
As more and more attention is drawn to cryptocurrency, crypto users are ready to use their holdings to make every day purchases and play games, finds a new report from Bitget Wallet. Released Monday, the report finds that, globally, 36% of respondents want to use their crypto wallets to make …
Read More »Clover Notes Selling Its 4 Millionth POS Device
In the almost 15 years since its debut, Clover, the point-of-sale system from Fiserv Inc., has reached 4 million devices sold, Fiserv says. Acquired by First Data Corp. in 2012, Clover started in 2010 as a point-of-sale service with hardware and software. Now, its devices and software are part of …
Read More »Replete with Personal Data, BNPL Apps Need Consumer Monitoring, a Report Finds
Tapping a buy now, pay later app to acquire a new couch or pair of shoes means more decisions for consumers beyond choosing how to fund the purchase. A new report from Incogni Inc., a data-monitoring service, suggests they also need to be mindful of the quantity and type of …
Read More »Eye on Software: ePayPolicy Scores Another Integration, While TSG Embraces Growing Software Firm Roles in Payments
The hottest ticket in payments is software integrations, and two firms have bolstered their connections to software developers. Austin, Texas-based ePayPolicy, which provides digital payouts for the insurance industry, lined up an integration with INTX Insurance Software, also based in Austin. INTX provides administrative software to insurance carriers. ePayPolicy says …
Read More »Zelle Adds 178 Financial Institutions in Six Months
Zelle, the 7-year-old peer-to-peer payments service, has added another 178 banks and credit unions to its list of Zelle participants, the service announced Monday. Zelle, launched in 2017 by Early Warning Services LLC, says this bumps to more than 2,300 the number of financial institutions that offer the service. Zelle …
Read More »A Suit Is Dismissed Claiming Apple, Mastercard, And Visa Worked to Hold Fees in Place
An Illinois merchant’s allegations that Apple Inc., Mastercard Inc., and Visa Inc. worked to artificially maintain pricing by agreeing to funnel Apple Pay transactions via the two card networks was dismissed this week by a judge in the U.S. District Court for the Southern District of Illinois. Filed in December …
Read More »Paze Lines Up Payfinia to Expand Its Digital Wallet to Credit Unions
Paze, the digital wallet from Early Warning Services LLC, says it is working with Payfinia, a unit of banking-services provider Tyfone Inc., to expand its reach. Payfinia, formed by Tyfone in 2024 to provide real-time payments technology, has helped line up Star One Credit Union, a Sunnyvale, Calif.-based financial institution, …
Read More »Truist’s Merchant Engage Combines Banking and Payments in One
Truist Financial Corp. is courting merchants and their banking and payment needs with a new service called Merchant Engage. The free service is an integrated merchant-services platform, enabling small businesses up to large merchants to view all of their transaction data in one location. Announced Tuesday, Merchant Engage also brings …
Read More »Scams and Account Takeover Continue to Dominate Fraud, NiCE Actimize Report Finds
Scams continue to get top billing when it comes to favored fraud attempts, closely followed by account takeovers, finds the NiCE Actimize U.S. version of its Fraud Insights Report. Released Monday, the report found that, of the NiCE Actimize data analyzed, 57% of fraud attempts were scams with account takeovers …
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