October 19, 2022
Acquiring, Competitive Strategies, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
SpotOn, a payments provider specializing in the restaurant industry, launched Experiences by SpotOn Reserve, a reservation and waitlist platform.Checkout.com launched Fraud Detection Pro, aimed at helping online merchants combat bot attacks, account takeovers, synthetic identities and other newer fraud technologies.Payments provider Paysafe Ltd. said it will support payments for U.S. hotels via a …
Read More »
October 18, 2022
Acquiring, Competitive Strategies, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Clients using Recurly Inc. to manage their subscription-pricing models have a new feature to use. Recurly on Tuesday launched a ramp-pricing model that enables its clients to dynamically increase or decrease pricing within their subscriptions. This is in addition to the fixed, one-time, usage-based, tiered, volume, stairstep, and hybrid models …
Read More »
October 18, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Issuing/Originating, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
The Federal Trade Commission has launched a probe into whether security tokens issued by Visa Inc. and Mastercard Inc. interfere with the ability of processors to route debit card transactions to alternative networks, according to The Wall Street Journal. Network choice for debit card transactions is mandated by the Durbin Amendment to the 2011 …
Read More »
October 17, 2022
Competitive Strategies, E-Commerce, Issuing/Originating, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
PayPal Holdings Inc. has been on a drive for some time to reinforce consumer engagement with its products, and early Monday it launched its latest gambit to spur interactions with its still relatively new app. The so-called super app, launched a year ago, now includes a direct connection with Honey, …
Read More »
October 17, 2022
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Digital Currency, E-Commerce, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Fintech app Karma launched Pay with Karma, an embedded checkout service that enables for consumers a simplified purchase experience across different retailers with multiple payment options.Ammo Inc., owner of GunBroker.com, an online marketplace for the firearms and shooting-sports industry, said it will launch a proprietary payment-processing platform on or about Jan. 1.Mastercard …
Read More »
October 14, 2022
E-Commerce, Fraud & Security, Law and Regulation, Mobile Commerce, Mobile Wallets, Person-to-Person Payments, Real-time Payments, Transaction Processing
The controversy regarding fraud and scams on the Zelle peer-to-peer payment network reached a new level on Thursday with a short statement from Early Warning Services LLC, the bank-owned company that operates Zelle, referring to “misleading reports of fraud and scams” on the network and “incomplete” external analysis from outside …
Read More »
October 13, 2022
Competitive Strategies, Credit Cards, E-Commerce, Mobile Commerce, Mobile Wallets, Person-to-Person Payments, Real-time Payments, Transaction Processing
Remitly Global Inc. Thursday announced it is making Visa Direct, Visa Inc.’s real-time push-payments platform, available to its customers in Canada. The deal expands Remitly’s online remittance service in Canada by providing Visa Direct as a payout option, the company says. With Visa Direct, Remitly customers in Canada can now …
Read More »
October 13, 2022
Acquiring, Competitive Strategies, E-Commerce, Fraud & Security, Issuing/Originating, Mobile Commerce, Point-of-sale, Transaction Processing
Chargebacks are the bane of e-commerce retailers, but new data from ACI Worldwide Inc. indicate many may have them mostly in check. Separately, Forter launched Smart Claims, a product to help better manage chargebacks. Released Thursday, the new ACI data find that overall fraud attempts remained flat at 0.01%, despite …
Read More »
October 13, 2022
Acquiring, Competitive Strategies, Credit Cards, E-Commerce, Issuing/Originating, Law and Regulation, Point-of-sale, Transaction Processing
Credit unions and other credit card issuers cheered as the provisions of the proposed Credit Card Competition Act fell short of becoming an amendment to a defense-authorization bill in Congress. The bill’s sponsors, including Sen. Richard Durbin, D-Ill., had attempted to attach the CCCA to the defense bill as a shortcut to making it …
Read More »
October 12, 2022
Acquiring, Competitive Strategies, Credit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
A new Juniper Research report forecasted e-commerce fraud will exceed $48 billion globally in 2023, up from $41 billion in 2022.BJ’s Wholesale Club has selected Capital One as the issuer of the retailer’s cobranded Mastercard, which is set to launch early next year.Galileo Financial Technologies said it has been Visa Ready certified as an …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
