New research from Coresight Research and point-of-sale provider Aptos finds that, despite more than 20 years since the first cloud-based point-of-sale system debuted, many retailers still have yet to make the move fully to such systems. In the “Retail POS Modernization: Strategic and Financial Case for Transformation” report, commissioned by …
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Fraud-detection provider Accertify said it has gained HIPAA compliance, allowing the company to offer more services to health-care organizations. Bluefin Payment Systems LLC said it now offers point-of-sale products for card-present payments integrated with Visa Acceptance Solutions. Centerbase, a software provider to law firms, said it has integrated the electronic billing technology BillSync …
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OnePay, the financial-services company majority owned by Walmart Inc., is adding support for Apple Inc.’s wallet for its credit cards, enabling cardholders to use their cards to make Apple Pay transactions. The OnePay debit card has supported Apple Pay since 2022. Adding Apple Pay support coincides with Walmart enabling contactless …
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An Australia-based payments processor and rewards player is launching in the U.S, market on the back of $28 million in fresh investor funding. PayRewards, which specializes in small businesses, says it will offer rewards on a wide range of corporate spending, including automated clearing house transactions as well as credit …
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A new report from Experian appears to illuminate a key issue for artificial intelligence in commerce. Consumers may be more comfortable using it for product discovery, comparisons, and recommendations, but many lack trust in handing AI financial-services decisions. Experian, in its 11th annual Identity and Fraud Report, found that 31% …
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Chargebacks have plagued the card-payments economy for years, leading payments providers to seek solutions, often to no avail. The latest move involves subscriptions, with Recurly early Thursday announcing an integration with Justt, a company that helps sellers manage chargebacks, to reduce losses on a problem that drains significant revenue for …
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PayPal Holdings Inc. is banking that it will have a seat on more college campuses with its integration with Illumia, Nelnet Campus Commerce, and TouchNet, payments providers to higher education institutions. TouchNet is owned by Global Payments Inc. PayPal says its PayPal and Venmo wallets can now be used for …
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The digital-asset trading platform Kraken announced the U.S. launch of its Krak Card, a debit card that allows users to conduct transactions in cash and digital currencies. Issued by Kansas City, Mo.-based Lead Bank, the card can be used at Visa-accepting merchants and offers up to 2% cash back. Stripe Issuing …
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Using a debit card as a card-on-file payment accounted for 25% of debit transactions made in the second quarter, says the SoFi Tech Solutions Debit Spend Index. That’s up from 24% in the first quarter, and marks the payment method’s rise past card-not-present debit transactions as the most popular. SoFi …
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