News

April, 2023

• 18 April

  ACI Bundles Fraud Services Under a Real-Time Payments Cloud Brand

  

  As real-time payments gain more traction in the United States, ACI Worldwide Inc. is making fraud-protection services that cater to these methods available under the Real-Time Payments Cloud moniker. Announced Tuesday and working with Microsoft Corp.’s cloud service Azure, ACI’s Real-Time Payments Cloud supports the Real Time Payments network from …
• 18 April

  It’s Continued Velocity for Faster Payments on the ACH As Same-Day Dollar Volume Grows 95%

  

  Faster-payments networks are forming to take advantage of a perceived appetite among consumers and businesses to move money at a quicker pace, but one such service that has been available since 2016 is reporting booming jumps in volume. Nacha, the Herndon, Va.-based organization that manages the nation’s automated clearing house …
• 18 April

   Fiserv’s Digital Debit Cards And Other Digital Transactions News briefs from 4/18/23

  

  Fiserv Inc. launched a platform that can issue digital versions of a replacement debit card, enabling immediate use of a card that can be added to a digital wallet. Mobile-messaging provider Clickatell announced what it calls the world’s first chat-commerce platform as a service (CCPaaS). The platform allows customers to …
• 17 April

  GoDaddy Enables Small Merchants to Ditch the Dongle With the Addition of Tap to Pay for iPhone

  

  Web registrar GoDaddy Inc. continued its push into payments Monday by adding Apple Inc.’s Tap to Pay on iPhone to the GoDaddy Mobile App. The inclusion of Tap to Pay on the GoDaddy app will enable small businesses to accept contactless payments on an iPhone without a dongle. Merchants need …
• 17 April

  Early Warning Reports Double-Digit Volume Growth in the First Quarter

  

  Early Warning Services LLC Monday morning issued a report from its chief executive reporting significant first-quarter growth for the company’s Zelle peer-to-peer payments network and underscoring efforts by EWS, owned by seven of the nation’s biggest banks, to combat fraud and scams. Though the report, signed by four-year CEO Al …
• 17 April

  NCR Investigates a Ransomware Attack And Other Digital Transactions News briefs from 4/17/23

  

  NCR Corp. said it is investigating a ransomware incident affecting one of its data centers and its Aloha cloud-based services for the hospitality industry. Its ATM, digital banking, payments and other retail services are not impacted. Huntington National Bank said it has extended Huntington ChoicePay to payments in higher education and business services. …
• 14 April

  Chargebacks911 Responds to Allegations it Undermined Chargeback Disputes

  

  Responding to allegations by the Federal Trade Commission and Florida’s attorney general that it used multiple techniques to prevent consumers from winning chargeback disputes, chargeback-management company Chargebacks911 on Friday released a statement saying the charges are unfounded. The FTC and Florida attorney general Ashley Moody sued Chargebacks911 on Wednesday alleging …
• 14 April

  Will Visa’s 3% Surcharge Cap, Set for April 15, Push Merchants to Cash Discounts?

  

  Visa Inc. is poised to lower on Saturday the amount a merchant can surcharge for transactions on its credit cards from a maximum of 4% to 3%, a move it announced early this year. Some observers acknowledge the reduction will happen, though Visa Inc. has not responded to Digital Transactions …
• 14 April

  Affirm Extends Stripe Agreement to Canada And Other Digital Transactions News briefs from 4/14/23

  

  Buy now, pay later provider Affirm Inc. said it is extending to Canada its processing agreement with payments platform Stripe Inc. Payments fintech Alacriti said it will provide identity verification for real-time payments through fraud-solutions provider Socure. Payments-technology provider Central Payments renewed an agreement with Galileo Financial Technologies LLC to process for Central’s Open*CP Fintech API …
• 13 April

  Eye On Real-Time Payments: Go-Live-Faster Enables a 90-day Integration; SouthState Bank Joins FedNow

  

  With real-time payments quickly becoming a reality for the U.S. payments market, smaller financial institutions are scrambling to adopt the necessary technology. That in turn is creating opportunities for a wide range of technology companies. The fintech Go-Live Faster says it will launch what it bills as a solution that …