Saturday , July 2, 2022

News

July, 2022

  • 1 July

    How GoCardless’s Deal for Nordigen Bolsters Its Position in Opening Banking

    GoCardless Ltd., a specialist in the burgeoning field of account-to-account transfers, strengthened its hand Friday with the acquisition of Nordigen Solutions, a Latvian-based open-banking platform provider, for an undisclosed sum. The deal will allow GoCardless to connect to more than 2,300 banks in 31 countries to enable account-to-account payments, a …

  • 1 July

    Payactiv, a Pioneer in Earned Wage Access, Scraps Access Fees Following a CFPB Action

    Payactiv Inc., a payments provider said to have pioneered the field of earned-wage access, said late Thursday it is scrapping its access fees. The move makes several of the company’s options, including automated clearing house transfers, “completely free,” the San Jose, Calif.-based company says. Payactiv’s action follows a move this …

  • 1 July

    Facilitating omnichannel payment solutions is essential to meet consumer demands

    By Dustin Siner, Chief Revenue Officer, Agile Financial Systems   The COVID-19 pandemic accelerated an entirely new normal within the payments industry. Pandemic-related restrictions forced businesses to adapt accordingly, unveiling a retail experience where consumers had the ability to transact at any point, across multiple channels and devices, wherever and …

  • 1 July

    Bitcoin Depot Launches Cash-Loading Crypto App and other Digital Transactions News briefs from 7/1/22

    Bitcoin Depot, a Bitcoin ATM operator, launched BDCheckout, an app that lets users in North America load cash to their Bitcoin Depot digital wallets, which can then be used to buy Bitcoin. Bitcoin Depot is working with InComm Payments’ VanillaDirect barcode platform to offer the service.The big French processor Worldline S.A. said …

June, 2022

  • 30 June

    North American Bancard Partnership with PayTrace Offers Exciting Ecommerce, B2B Opportunities

    With the demands placed on ecommerce and business-to-business payments, it is only fitting that merchants rely on a gateway with expert-level knowledge and years of experience. PayTrace, which North American Bancard acquired earlier this year, has maintained such Level-2, Level-3, and B2B expertise for more than 16 years. Now, with …

  • 30 June

    COMMENTARY: With Digital Payments Rising Fast, Tokenization Is More Urgent Than Ever

    Network tokenization is a term that’s quickly been finding its way into the fintech and payments spaces, and that’s for good reason, given consumers’ awareness regarding data breaches and security. So, what is it exactly? Tokenization is what major payment networks like Visa, MasterCard, and Discover use to replace primary …

  • 30 June

    Paysafe Bets on Arkansas And Other Digital Transactions News briefs from 6/30/22

    Paysafe Ltd. entered the mobile sports-betting market in Arkansas with a partnership with BetSaracen, a sportsbook app offered by Saracen Casino Resort in Pine Bluff, Ark. The partnership will start with BetSaracen’s integration of Paysafe’s Skrill USA digital wallet.The technology company Bushel launched a digital-payment platform to replace paper checks in transactions …

  • 29 June

    Merchants And Issuers Are Pouncing on Inflation—But With Dueling Results

    Price inflation is rising at its fastest rate since the early 1980s, and that’s prompting dueling releases from both foes and advocates of card interchange, the fee merchants pay when consumers use credit and debit cards. Merchant groups have long inveighed against interchange—also referred to as “swipe fees”—as a cost …

  • 29 June

    FIS Launches Guaranteed Payments, a Service It Says Boosts Approvals And Cuts Fraud

    FIS Inc. early Wednesday announced a platform it says will make the big processor the first to combine higher approval rates for e-commerce merchants with relief from financial liability for chargebacks stemming from fraudulent transactions. Information was not immediately available regarding whether the new capability carries fees for merchants using …

  • 29 June

    How the Chip Shortage Is Prompting Payments Players to Adopt a Variety of Workarounds

    After more than two years, payments providers are still reeling from the chip shortage. Indeed, lead times for chips used in POS terminals and credit cards can be as long nine months, compared to six months a year ago, says Stewart Watterson, a strategic analyst for Aite-Novarica. Pre-pandemic, lead times …

Digital Transactions