Saturday , June 15, 2024

News

May, 2024

  • 30 May

    Many Opt for Manual Bill Pay and other Digital Transactions News briefs from 5/30/24

    Almost two-thirds of U.S. consumers prefer to pay bills manually rather than through automated services, according to a survey by payments platform MX Technologies Inc. The online research embraced 1,059 adults and was conducted during the first quarter. Embedded payments startup Forward closed a $16 million seed financing round led by Commerce Ventures, Elefund, …

  • 29 May

    Beyond payment acceptance – Leveraging APIs and open banking to provide more value

    By Steven Velasquez, Senior Vice President and Head of Partner Business Development – U.S. Bank | Elavon The emergence of open banking, financial services APIs, and banking as a service has changed the landscape of the payments ecosystem. It is no longer enough to offer integrated payments with your software …

  • 29 May

    Airlines Have Plenty of Room for Growth When It Comes to Payment Acceptance, a Report Finds

    Airlines face myriad challenges when it comes to improving their payment processes to drive bookings and support growth, according to a report from omnichannel payments and digital-commerce platform provider CellPoint Digital. The two leading payments challenges facing airlines are a lack of alternative payment methods and regional forms of payment, …

  • 29 May

    Outdoors Specialist PayIt Expands Digital Licensing With Its North Carolina Win

    PayIt LLC announced on Tuesday it is processing payments for fishing licenses for the Eastern Band of Cherokee Indians in North Carolina. The deal, which was consummated March 20 but not announced immediately, is the latest for PayIt, an 11-year-old Kansas City, Mo.-based platform that specializes in digital payments for …

  • 29 May

    Humbl Tickets for the Blackbears and other Digital Transactions News briefs from 5/29/24

    Technology platform Humbl said it will develop a digital ticketing offering for the Oregon Blackbears, an indoor football team. Organic Payment Gateways said it has launched an Authorize.net gateway service for merchants selling cannabis seed, nutritional supplements, and cannabidiol, the active ingredient in cannabis. Authorize.net is owned by Visa Inc. ParTech Inc., which …

  • 28 May

    Merchants Get an Extension to File Monetary Claims in the Big Credit Card Settlement

    Merchants have been granted a 90-day extension to file a monetary claim as part of the settlement of a nearly two-decades-old interchange lawsuit filed against Visa and Mastercard. Merchants now have until Aug. 30 to file their claims, the court overseeing the settlement has ruled. A settlement between Visa and …

  • 28 May

    Eye on Real-Time Payments: BankSocial Debuts an RTP Service; Pidgin Enters a Correlation Collaboration

    More credit unions will have access to real-time payments networks in separate deals announced Tuesday. BankSocial, a division of Fivancial Inc., launched its real-time payment service for credit unions. Meanwhile, Pidgin Inc. is working with core processing provider Corelation Inc. to enable broader real-time payments access to its clients. Dallas-based …

  • 28 May

    CredBuild’s Renters Reporting and other Digital Transactions News briefs from 5/28/24

    Fintech CredBuild said it is working with BloomCredit to enable renters to report rent payments to credit bureaus via property management systems. BloomCredit provides the API codes. PayIt, a specialist in government payments, said the Eastern Band of Cherokee Indians will use PayIt for a new digital fish-licensing system. Waystar Holding Corp., …

  • 24 May

    Embracing digital payment options and fueling payment innovation in Canada

    Jon Purther, Director, Research, Payments Canada   The Canadian payment landscape continues to transform rapidly, fueled by shifts in consumer and business needs and expectations and technology innovations. Looking ahead, it’s clear that continued innovation will further expand choice within the Canadian payment ecosystem. The payment preferences of Canadians Canadians …

  • 24 May

    As Users Return to ATMs, Guidance Emerges for Contactless Transactions With And Without Cards

    The onset of the covid pandemic spurred deployers and developers to bring contactless technology to the ATM, and now industry organizations are offering guidelines on the matter as deployers look to widen acceptance of contactless cards and mobile devices. Calling contactless technology “table stakes” for most consumers, the Redwood City, …

Digital Transactions