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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September 29, 2020
Competitive Strategies, E-Commerce, Featured, Fraud & Security, Issuing/Originating, Mobile Commerce, Mobile Wallets, Point-of-sale
Amazon.com Inc.’s venture in letting consumers pay with the palm of their hand officially launched Tuesday at two Amazon Go stores. But the retailing giant’s latest payment technology could face an uncertain future even as stores struggle with how to introduce contactless methods in the face of the Covid-19 pandemic. …
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September 29, 2020
Acquiring, Automated Clearing House, Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Mobile Commerce, Mobile Wallets, Point-of-sale, Real-time Payments, Transaction Processing
Nuvei Corp. said it received a sports betting vendor license in Colorado, enabling it to process payments there for regulated sports betting sites and apps.Mastercard Inc. and ACI Worldwide Inc. said they will collaborate to support real-time payments capabilities, initially for central banks, payments networks, financial institutions, and payments providers.To help businesses …
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September 25, 2020
Acquiring, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Mobile Commerce, Transaction Processing
Over the last 24 months, organizations across the globe have experienced $42 billion in total fraud losses. An increasing number of businesses report higher losses related to fraudulent identities year over year, according to a report from Experian, from 51% in 2017 to 57% in 2019. Here are some of …
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September 24, 2020
Acquiring, Competitive Strategies, Credit Cards, Digital Currency, Fraud & Security, Mobile Commerce, Point-of-sale, Transaction Processing
Point-of-sale system develop Revel Systems Inc. formed the Revel Advisory Board, whose members will advise and guide Revel clients on subjects such as franchise planning, scalability and growth, technology, and data use.Processor Paya Inc. and FinTech Acquisition Corp. III, a special-purpose acquisition company, announced FinTech Acquisition Corp. III has filed a Form S-4 related to the …
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September 23, 2020
Competitive Strategies, Credit Cards, Debit Cards, E-Commerce, Fraud & Security, Issuing/Originating, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Mastercard Inc. announced Wednesday plans to expand its Digital First card program in North America by partnering with payment processors to provide guidelines for consumer experience with digital payment cards. Processors Mastercard is partnering with include CoreCard Software Inc., FIS Inc., Fiserv Inc., Galileo Processing Inc., i2c Inc., Marqeta Inc., …
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September 18, 2020
Competitive Strategies, Fraud & Security, Marketing, Mobile Commerce, Mobile Wallets, Point-of-sale, Transaction Processing
Sam’s Club, the warehouse-retail arm of Walmart Inc., is bringing its Scan & Go self-checkout technology to more than 500 Sam’s Club fuel stations. Called Scan & Go Fuel, the mobile-payment service will enable consumers to make contactless payments using the Sam’s Club app at 518 Sam’s Club locations by …
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