Tuesday , May 28, 2024

News

May, 2024

  • 28 May

    Q & A with the Sound Payments Leadership Team

    What does Sound Payments do in the payments industry? Sound Payments is dedicated to listening to the voice of the customer to provide value-add innovative payment acceptance and point-of-sale technology solutions to ISOs and ISVs. Sound Payments is a software provider for niche markets and is processor agnostic. We have …

  • 28 May

    Merchants Get an Extension to File Monetary Claims in the Big Credit Card Settlement

    Merchants have been granted a 90-day extension to file a monetary claim as part of the settlement of a nearly two-decades-old interchange lawsuit filed against Visa and Mastercard. Merchants now have until Aug. 30 to file their claims, the court overseeing the settlement has ruled. A settlement between Visa and …

  • 28 May

    Eye on Real-Time Payments: BankSocial Debuts an RTP Service; Pidgin Enters a Correlation Collaboration

    More credit unions will have access to real-time payments networks in separate deals announced Tuesday. BankSocial, a division of Fivancial Inc., launched its real-time payment service for credit unions. Meanwhile, Pidgin Inc. is working with core processing provider Corelation Inc. to enable broader real-time payments access to its clients. Dallas-based …

  • 28 May

    Global Insights for Your Business

    What can a global payments report tell you about the needs of businesses and their customers in 2024? Quite a lot, actually. While used by multinational corporations to predict payment trends in major markets the world over, the Worldpay Global Payments Report, now in its nineth year, can also shed …

  • 28 May

    CredBuild’s Renters Reporting and other Digital Transactions News briefs from 5/28/24

    Fintech CredBuild said it is working with BloomCredit to enable renters to report rent payments to credit bureaus via property management systems. BloomCredit provides the API codes. PayIt, a specialist in government payments, said the Eastern Band of Cherokee Indians will use PayIt for a new digital fish-licensing system. Waystar Holding Corp., …

  • 24 May

    Embracing digital payment options and fueling payment innovation in Canada

    Jon Purther, Director, Research, Payments Canada   The Canadian payment landscape continues to transform rapidly, fueled by shifts in consumer and business needs and expectations and technology innovations. Looking ahead, it’s clear that continued innovation will further expand choice within the Canadian payment ecosystem. The payment preferences of Canadians Canadians …

  • 24 May

    As Users Return to ATMs, Guidance Emerges for Contactless Transactions With And Without Cards

    The onset of the covid pandemic spurred deployers and developers to bring contactless technology to the ATM, and now industry organizations are offering guidelines on the matter as deployers look to widen acceptance of contactless cards and mobile devices. Calling contactless technology “table stakes” for most consumers, the Redwood City, …

  • 24 May

    The MPC Fires Back at Claims Merchants Won’t Pass Along CCCA Savings to Consumers

    Claims by banks that merchants won’t pass along savings from the Credit Card Competition Act to consumers are grossly misleading and do not reflect the economic realities merchants face, argues the Merchants Payments Coalition, a lobbying group representing sellers on payments-acceptance matters. Passing along cost savings or at least holding …

  • 24 May

    CPACharge Lines up Referral Agreements and other Digital Transactions News briefs from 5/24/24

    CPACharge an online payment service for accounting businesses that is a unit of AffiniPay, said it lined up referral partnerships with the CPA societies in New Jersey, Nevada, and Wyoming. Boston’s mass-transit system will launch contactless fare payments, possibly by early summer, according to news reports. The fintech Guavapay said it is collaborating with …

  • 23 May

    Beyond payment acceptance – Leveraging APIs and open banking to provide more value

    By Steven Velasquez, Senior Vice President and Head of Partner Business Development – U.S. Bank | Elavon The emergence of open banking, financial services APIs, and banking as a service has changed the landscape of the payments ecosystem. It is no longer enough to offer integrated payments with your software …

Digital Transactions