Thursday , October 22, 2020

News

September, 2020

  • 10 September

    NAB Acquires Salido and other Digital Transactions News briefs from 9/10/20

    Salido, a vendor of technology to the hospitality industry, announced it has been acquired by payments provider North American Bancard. Terms were not announced.MagTek Inc. said PyePOS, a hospitality point-of-sale system maker, will use MagTek’s DynaDip and DynaWave hardware in its quick-serve restaurant kiosks.EBay Inc. announced it will expand its managed-payments program to France, Italy, …

  • 9 September

    Online Gift Card Sales Soar As Pandemic Restrictions Send Consumers to Their Laptops

    The pandemic has sparked a huge lift in online gift card sales as consumers make shopping for the plastic part of their e-commerce routine. The number of cards purchased online soared 57% in the first six months of this year compared to the first half of 2019. Some 52% of …

  • 9 September

    Fanatics Adds Installment Payments and other Digital Transaction News briefs from 9/9/20

    Fanatics, a retailer selling sports merchandise, is one of the first merchants to sign up for a point-of-sale installment payment service from Fiserv Inc. and QuadPay.Lightspeed POS Inc. made its shares available for purchase in the United States. The Canadian point-of-sale system developer also filed its application to list its shares …

  • 9 September

    FIS Rolls Out a Set of APIs Aimed at Easing Multiple Payment Options Without Multiple Providers

    Payments provider FIS Inc. on Wednesday began rolling out Access Worldpay, a suite of application programming interfaces intended to make it easier and quicker for merchants to implement new payment capabilities, such as mobile payments or tokenization, without having to work with multiple payment partners. Access Worldpay provides a single …

  • 8 September

    ATMIA Offers a Discounted Membership As Covid-19 Ravages In-Store ATMs

    With the economy still reeling from the Covid-19 pandemic, the ATM Industry Association is betting that offering a new Start Up membership category at a reduced cost will attract new members and entice back into the fold former members that dropped out during the pandemic for financial reasons. The new …

  • 8 September

    Eye on Investment: Payments Firms Rev.io, Melio, Thunes, And Mollie Announce Funding Rounds

    Evidence emerged Tuesday that Covid-19 fears are far from suppressing investor interest in payments as two U.S. and two European companies announced funding news. Atlanta-based Rev.io, an 18-year-old provider of billing platforms, said it has received a “significant growth equity investment” from Primus Capital. The company did not disclose the …

  • 8 September

    Debit Card Spending up Last Week and other Digital Transactions News briefs from 9/8/20

    Debit card spending increased 9.4% for the week ending Aug. 30 from the week ending Sept. 1, 2019, for credit unions working with PSCU, a credit union service organization. For the same period, credit card spending was down 2.5%. Mobile wallet use with a debit card increased 68% and those with …

  • 4 September

    So Far, a Nice Rise But Not a Wild Runup for Bitcoin Since the May Halving Event

    In the nearly four months since it underwent a major downgrade in the incentive it offers miners, Bitcoin has seen its price rise nicely, but holders of the digital currency have not yet, at least, witnessed the wild upswing that followed the last such adjustment. Bitcoin was trading at $10,483 …

  • 4 September

    COMMENTARY: Is Your Business Paying From the Cloud Or the Checkbook?

    Nearly all persons use the cloud in their personal lives, from storing photos and accessing financial accounts to sharing documents and watching movies. But when it comes to the business world, the transition to cloud-based systems has been a slower migration, especially when it comes to business-to-business payments.  While check …

  • 4 September

    TransferMate Receives Payment License in Mexico and other Digital Transactions News briefs from 9/4/20

    TransferMate Ltd., a provider of cross-border business-to-business payments technology, said it has won a payments license in Mexico.The Association of International Certified Professional Accountants and CPA.com announced they are seeking applicants for the 2021 startup accelerator program, whose specialty is accounting, finance, and regulatory technology.Cryptocurrency provider Crypto.com launched a French version of its app …

Do NOT follow this link or you will be banned from the site!