Canadian debit card network Interac Corp. says it will soon offer its cardholders the ability to make cross-border purchases through a partnership with Ingenico Group’s Bambora payment-services subsidiary. The move is significant because it will create a stronger e-commerce presence for the Interac Debit service in international markets, giving Canadians …
Read More »CU Adds Fiserv Card Controls and other Digital Transactions News briefs from 6/6/18
Processor Fiserv Inc. said VyStar Credit Union, which ranks 17th among U.S. credit unions by asset size, has become the company’s first client to adopt an enhanced mobile-banking platform that offers newly introduced card controls. The controls allow cardholders to set rules for when, where, and how their cards can be …
Read More »Adyen Moves Toward Stock Offering, Sets Its Valuation at up to $8.3 Billion
Dutch payment processor Adyen B.V., which has a major U.S. presence, took another step toward its planned stock sale Tuesday when it published an offering prospectus and estimated its market capitalization at between €6.5 billion and €7.1 billion ($7.6 billion to $8.3 billion). Fast-growing Adyen is one of the most-watched …
Read More »With Consumer Adoption of EMV Rampant, Pockets of Merchants Work to Catch up
Merchants, especially those reliant on point-of-sale software, continue to find themselves catching up to consumers when it comes to EMV adoption. But Rent Centric Inc., developer of browser-based software for the auto-rental industry, is the latest to make EMV acceptance available to its clients. Toronto-based Rent Centric says it now …
Read More »As Interest in Crypto Trading Grows, Blockbid Adopts Brand-Name Risk Solutions
In their short history, trading platforms specializing in cryptocurrency have struggled with the suspicion of some that they are helpmates for shady activities that depend on anonymity. To dispel that notion, the Australian exchange Blockbid Pty Ltd. on Tuesday said it is working with LexisNexis Risk Solutions and ThreatMetrix to …
Read More »InComm Buys Gift Card Impressions and other Digital Transactions News briefs
Prepaid card payments provider InComm announced it has acquired Gift Card Impressions, a provider of gift card packaging and solutions. Terms were not announced. Payments processor Adyen announced a direct application programming interface integration with Mastercard Inc.’s Account Updater service. Visa Inc. announced two initiatives to aid financial technology companies in …
Read More »Eye on Online Payments: Paysafe’s New Cash Option; Apple Pay Tests Order-Ahead Feature
Cash-oriented consumers are getting another option to shop online with the debut of Paysafe Group’s Paysafecash. And Apple Inc. recently tested an order-ahead feature for Apple Pay, according to a news report. London-based Paysafe , which Monday closed it deal to buy U.S. merchant acquirer iPayment, says Paysafecash is already live …
Read More »Eye on Mastercard: An Assist for FIs on Artificial Intelligence, And New ATM Services
With demand for artificial-intelligence capability soaring across most industries, Mastercard Inc. on Monday announced it is making the technology available to client institutions through a program it calls AI Express. Also on Monday, Mastercard and ATM maker Diebold Nixdorf Inc. unveiled a pair of new cardless ATM features. The new …
Read More »New Harbortouch POS Device Debuts and other Digital Transactions News briefs from 6/4/18
Harbortouch, a unit of Shift4 Payments, debuted Checkout, a point-of-sale system with features to aid retailers, including inventory tracking and management, time-clock and scheduling tools, and text and email marketing. Checkout is aimed at independent and small-chain retail stores, the company said. The Securities and Exchange Commission is investigating alleged insider …
Read More »A Google Search Aid Offers Square, Clover, and Lightspeed POS Integrations
Small merchants that use Square, Clover, or Lightspeed point-of-sale systems have a simpler way to get their products listed online and potentially reap better placement among Google search results following the integration of a service called Pointy into the three POS system providers. Pointy, based in Ireland, supplies merchants with …
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