Friday , March 1, 2024

News

February, 2024

  • 29 February

    Is Shift4 Seeking a Buyer? News Reports Say So, But the Company Stays Mum

    Shift4 Payments Inc. went public in June 2020 after more than two decades as a privately held processor, but now its senior management may be looking for greater returns via an acquisition by an outside company. Both the processing giant Fiserv Inc. and a Spain-based reservations-processing company called Amadeus could …

  • 29 February

    Card Issuers Rank Highest in BNPL Satisfaction, J.D. Power Finds

    Credit card issuers claimed the top three spots in J.D. Power’s second annual buy now, pay later satisfaction study, with American Express Co.’s Plan It topping the list. JPMorgan Chase’s My Chase Plan and Citibank’s Citi Flex Pay rounded out the top three. American Express’s Plan It, which it launched …

  • 29 February

    Qu Lands GoTo Foods POS Deal And Other Digital Transactions News briefs from 2/29/24

    Hospitality point-of-sale specialist Qu Inc. announced GoTo Foods, owner of brands Auntie Anne’s, Cinnabon, Carvel, Jamba, McAlister’s Deli, Moe’s Southwest Grill, and Schlotzsky’s, will use the Qu POS platform across these brands. GoTo Foods said it has more than 6,700 global locations. Payments platform ACI Worldwide Inc. reported December-quarter revenue of $476.6 million, up …

  • 28 February

    Evolving your Partner Model to Adapt to a Changing Payments Landscape

    By Steven Velasquez Head and Senior Vice President of Partner Business Development – U.S. Bank | Elavon In recent years, there’s been a notable transformation in the key players shaping the payments ecosystem. Established models of acquiring banks are facing competition from emerging fintech and software companies eager to capture …

  • 28 February

    Zoccam And AppBrilliance Bring Real Time to Real Estate Payments; Orum Launches a FedNow API

    AppBrilliance Inc., a provider of real-time payments technology, has partnered with Zoccam, a specialist in payments for the real-estate industry, to enable real-time payments for real-estate transactions. Zoccam will use AppBrilliance’s Money API to enable real-time transfers, such as earnest-money deposits, to be sent through The Clearing House Payment Co. …

  • 28 February

    Play Ball! Shift4 Lands Yankee Stadium; Sound Payments Adds Boarding And Deployment Services

    With 29 days until Major League Baseball’s opening day on March 28, the New York Yankees have selected Shift4 Payments Inc. as the team’s concessions and retail sales point-of-sale system provider. Announced Wednesday, the deal will see Shift4 payment technology deployed at Yankee Stadium and at the George M. Steinbrenner …

  • 28 February

    Mastercard’s Issuer Benefits And Other Digital Transactions News briefs from 2/28/24

    Mastercard Inc. launched its Open Banking for Account Opening program, aimed at U.S. issuers of consumer and small-business debit cards and issuers of consumer prepaid cards. The program aims to verify account ownership, reduce account abandonment, and cut non-sufficient funds returns. Brivo, a provider of technology for building access, has added …

  • 27 February

    With Appetize and Finaro on Board, Shift4 Plots Expansion in the U.S. and Europe

    Having closed on two key acquisitions, the big processor Shift4 Payments Inc. is looking to expand its business in Canada and Europe and build on its new beachhead in sports arenas, top management said early Tuesday. With its $100-million deal last fall to acquire Appetize Technologies Inc. from SpotOn Transact …

  • 27 February

    Dwolla Launches Open Banking Services With A2A Payment Focus

    Payments-technology provider Dwolla Inc. announced Tuesday the launch of its open-banking service for mid- and enterprise-sized businesses. The service streamlines businesses’ ability to embed open-banking capabilities within existing applications through a single application programming interface, as opposed to relying on connections to multiple vendors. To further reduce the complexity of …

  • 27 February

    Par Revenue up 10% And Other Digital Transactions News briefs from 2/27/24

    Payments-technology provider Par Technology Corp. posted fourth-quarter 2023 revenue of $107.7 million, a 10.2% increase from $97.2 million in the corresponding 2022 quarter. It had a quarterly loss of $18.6 million, up from a loss of $13.5 million the year prior. For all of 2023, Par had $415.8 million in revenue, a …

Digital Transactions