Sunday , September 26, 2021

Automated Clearing House

Chevron Picks P97 for App Updates and other Digital Transactions News briefs from 9/22/21

Chevron Products Co. said it is working with mobile-payments technology provider P97 Networks Inc. to enhance the company’s mobile apps for both Chevron and Texaco customers.Mercator Advisory Group’s “18th Annual U.S. Closed-Loop Prepaid Cards Market Forecast 2020-2025” found that closed-loop prepaid card loads dropped 14% because of the pandemic, but are expected …

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One Inc. Begins to Speed Insurance-Claims Payouts for Amerisure

Faster-payments providers have long identified insurance-claims payouts as a ripe market, and the business took big step in that direction with the announcement early Monday that the insurance carrier Amerisure has begun implementing ClaimsPay, a digital-payments platform from the 9-year-old fintech One Inc. The four-stage implementation is expected to replace …

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Square Enters Spain and other Digital Transactions News briefs form 9/16/21

Square Inc. launched its Early Access Program for beta testing in Spain. The program allows select businesses and freelancers to access Square technology. The move marks Square’s entry in the Spanish market.Sky Systemz, a business-to-business software company, launched Sky Paymentz, a service to enable businesses to accept payments in person, online, …

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BNY Mellon Teams Up With Verizon And Citibank to Offer Real-Time Bill Payment

Real-time bill payment took another large step forward Wednesday with BNY Mellon’s announcement it is partnering with Verizon Communications Inc. and Citibank to enable Verizon customers with Citibank accounts to pay their bills with near-instant effect.  The agreement connects BNY Mellon as the billing bank, Verizon as the biller, and …

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Eye on ACH: Same-Day Transactions Soar; Certegy’s Mobile Remote Capture for Vendors

Same-day transaction processing on the automated clearing house network will turn five years old this month, and while that may provide one reason for participants to celebrate, network governor Nacha issued another one Wednesday morning: both same-day transactions and same-day dollar volume are soaring. Transactions totaled 148.7 million in the …

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Astra Partners With Plaid to Make It Easier for Developers to Add Automated Transfers

As part of its strategy to remove friction from automated bank transfers, Astra Inc., a provider of bank-to-bank transfer technology, is partnering with open-banking platform provider Plaid Inc. The partnership will make it easier for software developers to embed automated bank transfers into their applications by enabling them to use …

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GoCardless And Piano Partner to Help Publishers And Brands Drive Recurring Revenue

As part of its strategy to enable merchants to access direct debit payments through software they use already, GoCardless, a London-based provider of account-to-account payment solutions, is partnering with analytics and activation-platform provider Piano to deliver debit capabilities on the automated clearing house network to publishers and brands. The ability …

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Fiserv’s Carat Adds PayPal And Venmo As Payout Options

Carat, Fiserv Inc.’s digital payout service, has broadened the number of accounts payments can be sent to with the addition of PayPal Holdings Inc. and Venmo. Carat payouts already can be sent to a credit or debit card, via automated clearing house to a bank account, to a prepaid card, …

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With Rate Increases Looming, a Processor Aims to Wean Auto Shops off of Credit Cards

With credit card acceptance rates expected to rise next spring, payments-technology firms are starting to launch services for merchants that they say will soften the blow. The latest comes in the automobile-repair industry with an announcement Tuesday by Facepay Inc. of general availability of a service aimed at replacing credit …

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FTNI Supplies Digital Payment Tech to C-Store And Food Distributor

Grocers and convenience stores that use distributor Hardec’s to buy products to sell now have an online and digital payment option. Omaha, Neb.-based Financial Transmission Network Inc. said it is supplying Hardec’s with an online payment portal that enables its customers to pay invoices via automated clearing house transactions and …

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Digital Transactions