Digital Transactions Authoritative, insightful and timely information for payments professionals
In response to consumers’ growing concerns over the security and management of their personal data by businesses with which they interact, ATB Financial on Thursday introduced its Oliu platform, a set of identity products aimed at helping businesses safely manage and verify the credentials of consumers they interact with digitally. …
September, 2022
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29 September
Eye on Restaurant POS: Ziosk’s New Tablet; State of Restaurant Tech from SpotOn
Restaurants that use Ziosk products for their point-of-sale and ordering systems have got a new option for their servers to carry all day with the launch of the Ziosk PRO Server Tablet. In related news, a report from SpotOn Transact LLC reveals that 81% of independent operators continue to use …
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28 September
Agility with e-commerce: Enabling e-commerce payments is no longer negotiable
By Dustin Siner, Chief Revenue Officer, Agile Financial Systems The rise of e-commerce and social commerce is unmistakable. What was once viewed as an alternative shopping method for a select few is now the preferred shopping method for a significant portion of consumers. A report by Statista forecasts that by …
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28 September
As Consumers Boost Mobile Shopping, Square Messages Gets Some Key Enhancements
As consumers rely more and more on their mobile phones and other digital platforms, Square unveiled on Wednesday several new enhancements to Square Messages, its artificial-intelligence-based digital-communications platform. Square is the payment-processing unit of San Francisco-based Block Inc. Square Messages allows merchants and consumers to communicate through a single platform …
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28 September
Elavon Launches a Platform for Contactless Payments in Mass Transit
The big payments processor Elavon Inc. has joined the movement to convert mass transit in the United States to contactless technology for fare transactions. The Atlanta-based company on Tuesday launched its Mass Transit Payments platform, aimed at both public and private agencies and with gateway and acquiring services provided by …
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28 September
Square Tap to Pay on iPhone Debuts And Other Digital Transactions News briefs from 9/28/22
Square, the point-of-sale and e-commerce unit of Block Inc., said Tap to Pay on iPhone is now commercially available to its merchants following a June release to select sellers. Available within the Square Point of Sale iOS app, Tap to Pay on iPhone enables merchants to accept contactless payments directly …
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27 September
46% of All Ransomware Attacks Happen in the United States, NordLocker Says
One country—the United States—accounts for 46% of all ransomware attacks, a sobering statistic revealed in a new report from NordLocker, a European cybersecurity provider. Yet, within the 50 states, not all have the same propensity for the nefarious attacks, NordLocker says, which analyzed multiple databases of ransomware incidents that affected …
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27 September
Get Set for a Virtual Card Tsunami, Juniper Research Says
Virtual payment cards have been around for more than a decade, but now they appear to be poised for big growth with the rise of e-commerce and the wide availability of digital wallets. Indeed, the volume of transactions arising from these cards will balloon from 28 billion worldwide this year …
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27 September
Volante’s ACH Tech in Colombia And Other Digital Transactions News briefs from 9/27/22
Volante Technologies, a U.S.-based payments platform, said it is providing a banking portal for ACH Colombia, a fintech based in that South American country, as part of an effort to digitize ACH Colombia’s payments infrastructure.Payments-technology company Payscout LLC said it will offer a direct link to its Paywire platform to users of …
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26 September
PNC Jumps Into Restaurant POS Systems With Its Acquisition of Linga
Rivalry in the highly competitive restaurant POS systems market got even hotter Monday as PNC Financial Group Inc., announced its acquisition of Linga, a provider of point-of-sale systems for the restaurant and hospitality industry, for an undisclosed sum. The deal will enable PNC to better serve its clients in the …
