October 9, 2020
Acquiring, Competitive Strategies, Digital Currency, E-Commerce, Fraud & Security, Mobile Commerce, Mobile Wallets, Transaction Processing
Adyen NV said it has become the primary payments provider for Columbia Sportswear Co., an apparel retailer.Fireblocks Inc. announced it will supply wallet and network-infrastructure products as its client Revolut Ltd. launches new cryptocurrency services for its 13 million global users.Fraud-prevention technology provider Feedzai Inc. reported a strong first half as fraud attempts rose …
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October 9, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Fraud & Security, Law and Regulation, Point-of-sale, Pricing, Smart Cards, Transaction Processing
With gas stations and convenience stores feeling the economic pinch from the slowdown in sales caused by the Covid-19 pandemic and uncertainty over the economy, Transaction Network Services Inc. announced a new pricing structure to help cut station owners’ telecom-network installation costs for EMV at the pump. Transaction Networks Services (TNS) …
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October 8, 2020
Competitive Strategies, E-Commerce, Fraud & Security, Issuing/Originating, Mobile Commerce, Point-of-sale, Transaction Processing
Consumers are significantly increasing their use of digital channels when engaging with lenders, says research from TransUnion LLC released Thursday. That trend includes point-of-sale lending, which is rising fast during the Covid-19 pandemic, according to the study. Since the pandemic hit the United States in March, 40% of consumers have …
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October 8, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Law and Regulation, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
New research from Kount Inc. showed that 57% of consumers expect to use credit cards as their payment choice in the 2020 holiday season. That compares with merchants who expect credit cards to be used 84% of the time. Debit card use is closer, at 65% for consumers and 70% for merchants. …
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October 7, 2020
Acquiring, Automated Clearing House, Competitive Strategies, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Cloud-based point-of-sale maker Revel Systems said restaurant chain Pizza King will use the Revel Enterprise POS system across its 49 locations, including payment processing via Revel Advantage. Pizza King also will use Revel’s technology for integrations with an employee scheduling application and a gift card provider.ParTech Inc. introduced PAR Payment Service. Designed for …
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October 5, 2020
ATMs, Competitive Strategies, Debit Cards, Fraud & Security, Issuing/Originating, Marketing, Transaction Processing
NCR Corp. on Monday announced the release of its next-generation ATM software platform. The new platform, called NCR Activate Enterprise NextGen, is intended to remake the ATM user experience to reflect similar applications in other digital-banking channels, according to the company. The idea, NCR adds, is to create a more …
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October 2, 2020
Acquiring, Competitive Strategies, E-Commerce, Fraud & Security, Marketing, Mobile Commerce, Point-of-sale, Transaction Processing
Point-of-sale credit provider Sezzle said apparel retailer Untuckit chose Sezzle as its preferred buy-now-pay-later option.Private-label card transaction processor Alliance Data Systems Corp. launched its Enhanced Digital Suite, a set of features aimed at increasing customer awareness of payment and credit options earlier in the shopping cycle.Perk Labs Inc. said its Perk Hero mobile app can …
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October 1, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, Fraud & Security, Law and Regulation, Mobile Commerce, Near-Field Communication (NFC), Point-of-sale, Smart Cards, Transaction Processing
As the deadline inches closer for gas stations and convenience stores with fuel pumps to install in-pump EMV card readers, the good news is that c-stores are making steady progress. Overall, 31% of c-stores report not having any pump EMV-ready, down from 52% in the spring and 70% in 2019, …
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October 1, 2020
Acquiring, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Law and Regulation, Marketing, Mergers & Acquisitions, Mobile Commerce, Point-of-sale, Transaction Processing
Ingenico Group S.A. said the European Commission approved Worldline S.A.’s $8.6 billion deal to acquire the point-of-sale terminal maker. Ingenico also said the French financial markets authority set Oct. 15 as the closing date for the tender offer for Ingenico securities. If successful, the acquisition could close Oct. 28, Worldline said.In related news, Ingenico …
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September 30, 2020
Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Mobile Commerce, Transaction Processing
As more consumer and business activity, let alone shopping, migrates to digital channels, the potential for additional risk increases. A new white paper from Giact Systems LLC outlines where some of the risk may be emerging. The Allen, Texas-based payments and identity-fraud prevention firm said undetected fraud can erode consumer …
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