Wednesday , March 22, 2023

News

March, 2023

  • 22 March

    Unlocking ISV potential through embedded finance

    by Joshua Bennett, Vice President of Partner Business Development for Elavon Inc. As payments technology and business models continue to advance and change at a rapid pace, Independent Software Vendors (ISVs) have new opportunities to monetize their services and provide valuable tools for their customers. The concept of Embedded Finance, …

  • 22 March

    Panera Bread Rolls Out the Amazon One Biometric Tech in Select Locations

    Panera Bread on Wednesday announced it is adopting Amazon One, Amazon.com Inc.’s biometric-payment technology, at select locations in the St. Louis area. The deployment of Amazon One, which links a customer’s payment card to his or her palm print, is expected to make it easier for Panera customers to access …

  • 22 March

    Familiar Names Grace the Upper Reaches of the Latest Strawhecker Merchant Acquirer Directory

    No surprise, the top merchant acquirer by payment volume remains JPMorgan Chase & Co., according to the 2023 edition of The Strawhecker Group’s Directory of U.S. Merchant Acquirers. With volume of $2.15 trillion, Chase retained the top spot last year that it has held since 2005. It had 2021 volume …

  • 22 March

    Tassat Preps for FedNow And Other Digital Transactions News briefs from 3/22/23

    Tassat Group Inc., a provider of real-time business-to-business payments based on blockchain technology, said its client-facing application programming interface enables an “on-ramp” to FedNow, the Federal Reserve’s real-time payments service, which is expected to begin commercial service in July. Liquidity Financial launched CauseCard, a Visa-branded debit card with a connected app …

  • 21 March

    What to Expect from the Payments Market in 2023

    Written by John Ruthven, IR CEO and Managing Director   The digital payments industry is undergoing a massive transformation fueled by accelerated technological advancements and growing customer demand. The market is expected to be worth US$19.89 trillion by 2026, representing a compound annual growth rate (CAGR) of 24.4%, according to …

  • 21 March

    Criminals Favor Cryptocurrency And Digital Skimming for Fraud Tactics, a Visa Report Says

    Cybercriminals showed no signs of slowing down in 2022 as they employed a variety of schemes to defraud consumers, acquirers, card issuers, and merchants, according to Visa Inc.’s Spring 2023 Biannual Threats Report. Cryptocurrency was a prime target for cybercriminals. More than $3 billion in cryptocurrency was stolen through November …

  • 21 March

    As Real-Time Payments Systems Gear Up, Finastra Launches a Multi-Network Software Offering

    With the Federal Reserve’s announcement last week that it will launch its FedNow real-time payments service in July, technology firms are jockeying for position as the appetite for faster payments grows worldwide. One big development emerged early Tuesday with an announcement from London-based payments-software firm Finastra Group Holdings Ltd. that …

  • 21 March

    Bitcoin Depot Adds More ATMs And Other Digital Transactions News briefs from 3/21/23

    Lux Vending LLC, which does business as Bitcoin ATM operator Bitcoin Depot Inc., has agreed to deploy its machines in 125 locations owned by convenience-store chain GetGo Cafe + Market. Overall, Bitcoin Depot operates approximately 7,000 machines in 48 states and 10 Canadian provinces. Digital-currency provider Circle Internet Financial LLC said it has …

  • 20 March

    Agile Financial Systems Unveils Revolutionary, Innovative Product Suite

    APEX family of products designed to help businesses compete and grow in the marketplace   Southlake, Texas based Agile Financial Systems (AFS) is a high growth financial technology company founded in 2017. Backed by an executive team with over 100 years of combined industry experience, the organization’s mission is to …

  • 20 March

    Fiserv Teams Up With Central Payments to Deliver Banking-as-a-Service to Fintechs

    Fiserv Inc. is partnering with Central Payments LLC, a provider of banking-as-a-service for fintechs and embedded-finance businesses, to enable fintechs to bring financial products and services to market faster. Central Payments will leverage Fiserv’s real-time card-processing and -issuance capabilities to enhance its Open CP Fintech API Marketplace, a banking-as-a-service platform …

Digital Transactions