One consequence of the pandemic has been a boom in e-commerce. And now consumers can purchase automobiles online just as easily as they can most any other product. Otoz, a subsidiary of business-services and enterprise-software provider Netsol Technologies Inc., announced on Monday its e-commerce app for Mini auto dealers is …
Read More »
The increasing digitalization of global economies, along with the unprecedented growth in online commerce, means that consumers and businesses are demanding more from payments. A recent report from the Federal Reserve Bank of Boston notes that “consumers not only have higher expectations when it comes to online security, but they …
Read More »
Apple Inc. said Apple Cash users can now send Instant Transfer payments to Mastercard Inc. debit cards, reported 9to5mac.com. The service had been compatible only with Visa Inc. debit cards prior to Thursday’s announcement. Apple also said it is charging a 1.5% fee for Instant Transfer transactions, up from 1%. Instant Transfer …
Read More »
Credential stuffing hasn’t lost its appeal as a favored form of attack for criminals looking to commit account fraud, says a report from San Francisco-based fraud-prevention technology provider Arkose Labs detailing fraud trends during the first half of 2021. Credential stuffing accounted for 285 million attacks during the first half of …
Read More »
Top executives at Shift4 Payments Inc. said early Thursday the company will launch general availability of a new restaurant platform in the first quarter of next year. The Android-based technology will include a Quick Response-code payments option as well as capabilities for analytics, marketing, payroll, and other features, according to …
Read More »
Mastercard Inc. said in its latest SpendingPulse report in-store shopping ballooned 15.5% in July over July 2020 and accounted for 81.9% of total retail sales, excluding automotive. E-commerce sales for the month were up 6.1% from last year, but up 77.7% from July 2019.Payments-technology provider ACI Worldwide Inc. announced an expanded agreement with …
Read More »
Payments provider EVO Payments Inc. reported a 30% increase in revenue year-over-year to $122.2 million for the second quarter. For the first half of the year, revenue totaled $228.4 million, up 11%. The company processed 1.03 billion transactions for the quarter, up 35%.Feedzai Inc., an anti-fraud technology provider serving the payments industry, …
Read More »
On the heels of Square Inc.’s acquisition of Afterpay Ltd., other buy now, pay later providers are jockeying to boost their position in the hotly competitive BNPL market. Sezzle Inc. struck a deal Tuesday with e-commerce platform BigCommerce Holdings Inc. to become its preferred BNPL partner. BigCommerce will integrate Sezzle …
Read More »
Led by robust growth in its merchant-processing unit, FIS Inc. Tuesday morning heralded a strong second quarter, with record sales and with momentum continuing deeper into the summer, according to the Jacksonville, Fla.-based company’s top executives. Speaking to equity analysts to discuss the company’s second-quarter results, management also outlined a …
Read More »
Fiserv Inc. released Clover Station Solo, a point-of-sale service for full-service restaurants. It provides tools to manage front-of-house tasks, payments, online ordering, and employee scheduling.Cloud-based point-of-sale system provider Appetize launched Appetize+, a subscription plan that bundles software, hardware, payments, and support in a single monthly fee. It launched Appetize Payments in May.Payments provider Lightspeed POS Inc. said …
Read More »
Digital Transactions Authoritative, insightful and timely information for payments professionals
