March 10, 2020
Acquiring, Automated Clearing House, Competitive Strategies, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Person-to-Person Payments, Transaction Processing
The Western Union Co. launched WU Incoming Payments for Legal, a service aimed at allowing U.S. law firms to accept foreign payments without bank-processing fees.Payments provider Usio Inc. said InsureSmith, which provides insurance brokerage software products, integrated Usio’s PayFac-in-a-Box service to enable users to pay premiums directly through the InsureSmith platform.E-commerce services provider Signifyd announced …
Read More »
March 9, 2020
Acquiring, Competitive Strategies, Debit Cards, Marketing, Mergers & Acquisitions, Person-to-Person Payments, Point-of-sale, Pricing, Transaction Processing
Private-equity firm InterPrivate LLC announced the acquisition of SurchX, a payments provider offering surcharging programs. SurchX was renamed InterPayments. Terms were not disclosed.ParTech Inc., a subsidiary of PAR Technology Corp., announced an application programming interface integration with eTouchMenu, a digital-menu provider, and ParTech’s Brink POS software.Priority Payment Systems, a subsidiary of …
Read More »
March 6, 2020
Acquiring, Credit Cards, Debit Cards, Issuing/Originating, Near-Field Communication (NFC), Point-of-sale, Smart Cards
The global coronavirus scare has prompted a number of warnings that could end up benefiting electronic payments, particularly contactless transactions. Authorities ranging from the World Health Organization to doctors in local practices have warned this week about the risks of handling paper currency, and some have also cautioned against touching …
Read More »
March 6, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, Issuing/Originating, Mergers & Acquisitions, Person-to-Person Payments, Point-of-sale, Transaction Processing
Jack Dorsey, the co-founder and chief executive of Twitter Inc. who also is the CEO of merchant processor Square Inc., told an investor conference he is reconsidering his plan to spend much of his time this year in Africa because of Covid-19, the coronavirus, “and everything else going on,” Bloomberg …
Read More »
March 6, 2020
Acquiring, Competitive Strategies, E-Commerce, Fraud & Security, Mobile Commerce, Transaction Processing
“Can I trust you?” The ability to answer this seemingly simple question can help online merchants stop fraud and increase sales like never before. In fact, it’s a question that we at Kount answer billions of times per year for our customers. In today’s digital world, fraud-prevention solutions use artificial …
Read More »
March 5, 2020
Acquiring, ATMs, Competitive Strategies, E-Commerce, Fraud & Security, Issuing/Originating, Law and Regulation, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Perk Labs Inc. announced an agreement with Alipay that will enable Alipay users to make payments on the Perk platform.EVO Payments Inc. said it will offer the Nexgo Inc. N5 Android smart point-of-sale terminal.Certemy Inc., a professional certification and licensing management platform, introduced new payment gateway options, including Stripe Inc., PayPal Holdings Inc., …
Read More »
March 5, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Law and Regulation, Point-of-sale, Transaction Processing
Independent sales organizations are increasing their use of non-compliance fees for merchants that don’t adhere to PCI Security Standards Council requirements, with 23% of ISOs surveyed for the ControlScan/MAC 2020 Acquiring Trends Report saying they assess these fees. That’s up from the historic range of 17% to 18%. The report, …
Read More »
March 4, 2020
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Klarna Bank AB, a leading exemplar of the trend toward offering installment-plan payments online and at the point of sale, has received backing from Ant Financial Services Group in a deal that cements an existing alliance between the two companies and could add considerable propulsive force to Klarna’s relatively new …
Read More »
March 4, 2020
Acquiring, Competitive Strategies, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Bluefin Payment Systems LLC said several devices were added to its PCI-validated point-to-point encryption listing.Forte Payment Systems, a unit of CSG International Systems Inc., launched BillPay, a billing product that features security enhancements, the ability for users to pay online, via kiosk, or in person, and other enhancements.Installment-payment specialist Splitit Payments Ltd. said …
Read More »
March 3, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Mobile Commerce, Person-to-Person Payments, Point-of-sale, Transaction Processing
With some of its payments cohorts already having warned the coronavirus would hurt their businesses, it was no surprise Visa Inc. joined the crowd Monday in forecasting reduced cardholder spending would translate into lower revenues. More signs of growing concern about the impact of the virus, officially named Covid-19, on …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
