News

April, 2022

• 28 April

  Digital Fraud Is Down Overall, But Several Industries Are Still At High Risk

  

  Thanks to more businesses implementing fraud-prevention tools, global digital fraud decreased more than 22% during the first quarter of 2022, compared to the same period a year earlier, according to TransUnion LLC’s quarterly digital-fraud analysis, released Thursday.  On a per-category basis, financial services, telecommunications, and retail all saw declines in …
• 28 April

  Aeropay’s ACH Integration with Flowhub and other Digital Transactions News briefs from 4/28/22

  

  Aeropay, a specialist in payments for the cannabis industry, announced it and Flowhub, a point-of-sale platform for cannabis dispensaries, will work together on enabling automated clearing house payments via Aeropay for more than 1,000 dispensaries using Flowhub’s software.Paysafe Ltd. said it is expanding in the auto-finance market through a deal to …
• 27 April

  PayPal’s Schulman Stresses a New Super App And Improved Checkout to Drive Growth

  

  PayPal Holdings Inc.’s top management made it plain late Wednesday they’re not backing down from a strategy they outlined three months ago that made it seem the payments giant was abandoning an emphasis on sheer growth in favor of increased user engagement . That impression disappointed analysts who follow the …
• 27 April

  The Untapped Power Within Real-time Payment Analytics

  

  By Kevin Johnson, VP of Sales, Transact & Latin America Technology, innovation, and fintech continue to transform the payments industry. From cryptocurrency and digital wallets to buy-now-pay-later and real-time, innovation is touching nearly every facet of the industry. A system once based on barter-and-trade now offers consumers and businesses numerous …
• 27 April

  Agile Financial Systems Unveils Revolutionary, Innovative Product Suite

  

  APEX family of products designed to help businesses compete and grow in the marketplace   Southlake, Texas based Agile Financial Systems (AFS) is a high growth financial technology company founded in 2017. Backed by an executive team with over 100 years of combined industry experience, the organization’s mission is to …
• 27 April

  Fiserv Drives Deeper Into Data Sharing And Leverages Its BentoBox And Finxact Deals

  

  Fiserv Inc. in recent years hasn’t been shy about entering new businesses, and now the company is preparing for an expansion of its stake in a market that has picked up considerable momentum in recent years: the data management that lies at the foundation of such operations as open banking. …
• 27 April

  NCR Revenue up 26% and other Digital Transactions News briefs from 4/27/22

  

  NCR Corp. reported first quarter revenue of $1.9 billion, a 26% increase from $1.5 billion in the 2021 first quarter. Much of that growth can be attributed to its payments and network business, which includes the Cardtronics and LibertyX acquisitions made less than a year ago. This revenue of $299 million increased 1,259% from $22 …
• 26 April

  As Visa Contends With Inflation And the War for Ukraine, It Posts a ‘Very Strong’ Quarter

  

  A year ago, you might have heard payments-network bigwigs complaining about the pandemic’s impact on revenues and volumes. Now, not so much. But, late Tuesday, Visa Inc. indicated it has been hit by a fresh development—Russia’s invasion of Ukraine. That war, which began Feb. 24, trimmed 4 percentage points off …
• 26 April

  Five Signs It’s Time to Move on From Worldpay

  

  By Caleb Avery, Founder & CEO of Tilled While the world of integrated payments has undergone a major shift thanks to payment facilitation, many software companies are still working with legacy processors, like Worldpay, that can only offer antiquated and manual processes. If your B2B software company is working with …
• 26 April

  Binance Launches a Crypto Debit Card to Give Ukrainian Refugees Access to Money

  

  As the mass exodus of Ukrainian refugees fleeing their war-torn country continues, charitable organizations and businesses are finding new ways to provide support. Cryptocurrency exchange and blockchain-infrastructure provider Binance joined those efforts Tuesday, announcing the Binance Refugee Crypto Card. The Visa-branded debit card will allow displaced Ukrainians to make or …