News

September, 2024

• 16 September

  Crate & Barrel Teams With Adyen to Connect Its Offline And Online Sales Channels

  

  Retail chain Crate & Barrel Holdings has partnered with Adyen NV to process payments for its 110 physical stores in the United States and Canada. The deal also covers processing for Crate & Barrel’s CB2 stores, a sister brand that sells modern furniture. Crate & Barrel will use Adyen’s unified …
• 16 September

  Adyen Teams With Nayax to Support Digital Payments at EV Charging Stations

  

  The Dutch processor Adyen NV and the Israel-based payments platform Nayax Ltd. announced early Monday they are teaming up to support digital payments for electric-vehicle charging stations around the world. The new agreement, which comes as electric vehicles become more numerous and raise a pressing need for more charging stations, …
• 16 September

  Elo’s New Pay M100 Tablet and other Digital Transactions News briefs from 9/16/24

  

  Elo Touch Solutions Inc. launched its Elo Pay M100 POS tablet, a mobile point-of-sale Android payments device aimed at restaurants as well as the general merchant market. Accessories include separate readers for mag-stripes and fingerprints. Kuvasz Solutions, a Chile-based payments services company formed in 2008, said it is expanding to the …
• 13 September

  Rain Technology Launches an ATM Privacy Solution

  

  Rain Technology, a provider a directional-display technology, has developed a solution that aims at reducing the risk of onlookers visually stealing a consumer’s PIN at an ATM. The solution, called ATM Switchable Privacy, enables as little as 0.2% of an ATM screen to be visible outside of a 45-degree viewing …
• 13 September

  Worldline Replaces Its Longtime CEO As the Global Processor’s Shares Plummet

  

  The big French processor Worldline SA announced early Friday longtime chief executive Gilles Grapinet will leave the company effective Sept. 30. The company says the search for a successor will evaluate candidates both inside and outside the company. In the meantime, the board has appointed Marc-Henri Desportes, deputy CEO since …
• 13 September

  Alchemy Pay Adds BNN Chain Support and other Digital Transactions News briefs from 9/13/24

  

  Cryptocurrency gateway Alchemy Pay said it now supports the BNB Chain blockchain ecosystem for developers working in the Web3 arena. Web3 is a vision of a blockchain-based web that includes cryptocurrencies, nonfungible tokens, and related entities. Co-branded credit card platform Cardless Inc. has appointed Joe Wold head of partnerships and Ailien Phan chief compliance …
• 12 September

  Mastercard Beefs Up Its Cyber Defenses With Its Recorded Future Acquisition

  

  Mastercard Inc. announced early Thursday it has acquired cybersecurity firm Recorded Future for $2.65 billion. The acquisition builds on Mastercard’s strategy of investing in fraud detection and cyber defense technologies, the network says. The deal also enhances Mastercard’s identity, fraud prevention, real-time decisioning, and cybersecurity services for merchants and financial …
• 12 September

  Eye on E-Commerce: Bold Adopts Fastlane; DNA Payments Launches Apple Pay Express

  

  Fast on the heels of PayPal Holdings Inc.’s launch of its Fastlane service for online transactions, e-commerce platforms are eyeing the expedited-checkout technology. Some are acting. Bold Commerce early Thursday said its checkout routine has adopted Fastlane for the Adobe Commerce merchants it supports on its so-called headless-checkout platform. Headless …
• 12 September

  Gateway Reveals Card Breach and other Digital Transactions News Briefs from 9/12/24

  

  Payment gateway Slim CD Inc. revealed a data breach resulting from suspicious activity it became aware of on June 15. The investigation found unauthorized system access between Aug. 17, 2023, and June 15, 2024. It says credit card information may have been viewed or obtained. Slim CD said it took measures to …
• 11 September

  Fraudsters Are Favoring Automated Bot And Authorized Fraud Attacks

  

  Fraud attacks initiated by automated bots using artificially generated images, also known as deepfakes, are becoming a major problem in the payments industry, according to a report Wednesday from AU10TIX, a provider of identity-verification and risk-management technology. Overall, 32% of all Internet traffic during the second quarter was driven by …