CellPoint Digital Holdings Ltd. introduced a new payment-orchestration platform aimed at simplifying travel payments and related orders and offers. Merchant data provider Spade Data Inc. said it will work with Bilt Rewards, a loyalty provider for home and rent payments, to provide more merchant details to Bilt users. PSQ Holdings Inc. said it has …
Read More »Now Book It Expands to Canada
Now Book It, a vendor of table-reservation and payments software for restaurants in Australia and New Zealand, has expanded to Canada. Canada has more than 100,000 locations that serve food, such as restaurants, cafés and brew pubs, generating $112 billion in annual sales, according to Restaurants Canada. In addition, 23 …
Read More »Third Federal Injects Fiserv’s DNA
Third Federal Savings & Loan, a Cleveland-based bank with $17.1 billion in assets, is adopting Fiserv Inc.’s DNA platform. Fiserv acquired the core-processing platform in 2013 with an acquisition. Among the platform’s features is an AppMarket. Users can select a variety of payments apps, such as for automated clearing house …
Read More »InComm’s Red Cross Donation and other Digital Transactions News briefs from 2/17/25
InComm Payments, which has launched the Mastercard Give Hope gift card, has agreed to donate to the American Red Cross $2 from the purchase price of each card sold on mastercardgiftcard.com. Cubic Transportation Systems Inc., a developer of payments technologies for mass-transit systems, announced it is opening an innovation center …
Read More »Clover, Square, And Epos Now Top a Javelin Ranking of POS Systems for Small Businesses
The days of placing a point-of-sale terminal on a small business’s countertop and calling it enough have long passed. Now, as these merchants—defined as having less than $1 million in annual sales—want just as much varied payment acceptance and operational software sophistication as much larger ones, Javelin Strategy & Research …
Read More »Global Payments Gets Set for a Rollout of Genius, Its POS Package
Global Payments Inc. will roll out its revamped Genius point-of-sale package of products and services domestically in May as a common brand, with an international rollout late this year, chief executive Cameron Bready assured listeners on a conference call early Thursday. A major repositioning of the Atlanta-based company’s acquiring technology, …
Read More »Stripe Teams With Spade on Data Tool for Issuers
Stripe Inc. announced late Wednesday it is partnering with Spade, a provider of real-time merchant intelligence for card issuers, to provide issuers on the Stripe platform with data to verify a merchant’s identity during the authorization process. Spade provides information such as merchant name, category, and geolocation within 50 milliseconds. …
Read More »Peer-to-Peer Platform Zelle Handled a Record $1 Trillion in Volume In 2024
Zelle, the peer-to-peer payments service from Early Warning Services LLC, announced early Wednesday that dollar volume sent over the network last year totaled a record $1 trillion, up 27% from 2023. Transactions for the year totaled 3.6 billion, a 25% year-over-year increase, while the number of consumer and business accounts …
Read More »Eye on Travel: Cruise Line Gets Onboard With PayPal; Worldline And Freedom Eye Travel Expansion
It may be the midst of winter, but some payment companies are preparing for the travel season. Travelers booking passage on a Norwegian Cruise Line ship can now use their PayPal Holdings Inc. digital wallet to pay for their cruises. PayPal says the payment option is available for trips with …
Read More »A Less Active CFPB Is Expected After the Bureau’s Temporary Shutdown
A subdued Consumer Financial Protection Bureau is likely to emerge in the wake of the order issued over the weekend to close its offices for the week and have employees work remotely during that period. Acting CFPB director Russell Vought, director of the United States Office of Management and Budget, …
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