January 18, 2022
Acquiring, ATMs, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Mastercard Inc. said it is enabling Mastercard-branded cards to be used for purchases on Coinbase’s upcoming NFT marketplace. NFTs, or non-fungible tokens, are digital goods.Accounting-automation company Bookkeep announced integrations with Stripe, Sage Intacct, and NetSuite. The company, which serves more than 600 retailers and restaurants, also offers links to Shopify, Square, Amazon, and …
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January 14, 2022
Acquiring, ATMs, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Payroc WorldAccess LLC said it acquired East Commerce Solutions, a merchant service provider, which has more than $2 billion in annual processing volume. Terms were not disclosed.NCR Corp. said it has closed on its acquisition of LibertyX, a provider of software for cryptocurrency transactions at ATMs and on various payment-acceptance devices. LibertyX …
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November 22, 2021
Acquiring, ATMs, Competitive Strategies, Mobile Commerce, Near-Field Communication (NFC), Real-time Payments, Transaction Processing
Parking-payments app provider ParkMobile LLC announced it has added more than 100 new markets, including cities and universities, through its integration with Google Maps and Google Pay. The two companies announced the integration a year ago.KeyBank National Association said it has acquired XUP Payments, a digital payments platform focused on business-to-business transactions. Terms …
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November 11, 2021
Acquiring, ATMs, Competitive Strategies, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Point-of-sale, Transaction Processing
Klarna AB said it is extending its Pay in 4 buy now, pay later service to subscriptions, the first time BNPL has been offered to this segment of the economy, according to the company.Payfare Inc., a specialist in instant payouts to gig workers, reported its user count rose 37% in the …
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November 8, 2021
ATMs, Competitive Strategies, Debit Cards, Issuing/Originating, Marketing, Prepaid Cards
Payables-automation company Tipalti Inc. is partnering with Intercash, a provider of prepaid card solutions, to offer Mastercard-branded prepaid cards in 192 countries, including Latin America and Southeast Asia. Tipalti views the cards, which are available to the general public, as a way for businesses to pay unbanked and underbanked workers …
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October 27, 2021
Acquiring, ATMs, Competitive Strategies, E-Commerce, Point-of-sale, Prepaid Cards
Global merchant dollar volume grew 20% in the third quarter year-over-year for processor Fiserv Inc., while global e-commerce volume increased 21%, the company reported. Overall global transactions expanded 16%. The company did not report actual figures. Revenue for the quarter was $3.96 billion, up 10%. Year-to-date revenue was $11.37 billion, an …
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October 20, 2021
Acquiring, ATMs, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Uncategorized
American Express Co. said it and Goldman Sachs Transaction Banking are collaborating on a cloud-based payments service for large corporate clients. AmEx’s virtual cards will be available in the Goldman Sachs TxB platform, which already offers automated clearing house, wire, and foreign currency payments.A study from Alliance Data Systems Corp. indicates 27% of …
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October 5, 2021
Acquiring, ATMs, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Law and Regulation, Marketing, Near-Field Communication (NFC), Point-of-sale, Transaction Processing
AppsFlyer, a marketing measurement platform, said e-commerce retail app installations increased 55% on Android devices and 32% on iOS devices in 2021 in its latest “State of eCommerce App Marketing” report. In-app spending is up 35% and could increase to 42% by November.Payments-technology provider GK Software said it has completed an installation …
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August 17, 2021
Acquiring, ATMs, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Mobile Commerce, Mobile Wallets, Near-Field Communication (NFC), Person-to-Person Payments, Point-of-sale, Prepaid Cards, Transaction Processing
The story of debit cards in the pandemic year of 2020 turns out to have several chapters—including higher average tickets, a sharp swing to card-not-present usage, a dramatic surge in contactless adoption, and higher mobile-wallet usage. Meanwhile, account-to-account transfers turned out to be the fastest-growing form of debit, though usage …
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August 17, 2021
Acquiring, ATMs, Competitive Strategies, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Magazine, Mobile Wallets, Point-of-sale, Transaction Processing
The overall costs of phishing attacks on businesses have nearly quadrupled since 2015, rising from average losses of $3.8 million per company in 2015 to $14.8 million in 2021, according to research from cybersecurity and compliance company Proofpoint Inc. and Ponemon Institute.Uplift Inc., a buy now, pay later provider specializing in travel, …
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