Point-of-sale

December, 2022

• 6 December

  Looking to Sharpen Its Edge in Merchant Services, NMI Acquires Agreement Express’s Payments Assets

  

  Payment platform provider NMI has acquired Agreement Express Inc.’s merchant onboarding, underwriting, and monitoring technologies. The acquisition, which is for the payments portion of Agreement Express’s total business, is aimed at allowing NMI to provide integrated software vendors, independent sales organizations, and fintechs with tools that can speed up merchant …
• 6 December

  Curve Lines up $1 Billion for Flex And Other Digital Transactions News briefs from 12/6/22

  

  Curve OS Ltd. said it secured a deal with Credit Suisse to fund its first $1 billion in installment loans, via its Curve Flex product, in the United Kingdom, Europe, and the United States. London-based Curve announced Curve Flex in 2021. A survey from Bango PLC of 2,500 U.S. subscription users found that 65% said …
• 5 December

  Cantaloupe Expects Its $41-Million Deal for 32M To Net More Locations And Improve Margins

  

  Vending and unattended payments specialist Cantaloupe Inc. has closed on its $41 million acquisition of Three Square Market, known as 32M, and intends to use it as a springboard for expansion and improved profit margins. Three Square Market, with headquarters in River Falls, Wis., will generate an estimated $19 million …
• 2 December

  COMMENTARY: How Banks Can Win Against the BNPL Threat 

  

  Buy now pay later (BNPL) solutions have seen steady growth over the past few years. The lack of regulations and consumer protections have allowed financial institutions to maintain an edge in this product. But for how much longer? BNPL is now threatening the status quo, with 57% of customers saying …
• 2 December

  Splitit’s Top Holiday Spending Categories and other Digital Transactions News briefs from 12/2/22

  

  Buy now, pay later provider Splitit Inc. said data from the Black Friday and Cyber Monday shopping events found that the top spending categories on its platform were electronics, fine jewelry, fitness and outdoors, home furnishings, and health and beauty, based on merchant sales volume. Consumers have hidden bill pay costs of …
• 1 December

  Thales Launches Technology to Support Card Transactions for the Visually Impaired

  

  Thales, a French company known in the payments industry for its digital-identity technology, on Thursday introduced a product that it says will allow visually impaired shoppers to verify the details of a card transaction while standing at the point of sale. The Voice Payment Card, which Thales announced has been …
• 1 December

  AmEx Business Link Debuts And Other Digital Transactions News briefs from 12/1/22

  

  American Express Co. announced AmEx Business Link, a business-to-business payments ecosystem for network issuing and acquiring clients to offer their business customers. Payments provider Newtek Business Services said it has received conditional approval from the Office of the Comptroller of the Currency to close on its acquisition of the National Bank of New …

November, 2022

• 30 November

  As Covid Fears Wane, Consumers And Retailers Are Using Curbside Pickup Less

  

  While holiday sales are off to a strong start, consumers are making less use of curbside pickup, a service that rapidly gained momentum at the onset of the Covid-19 pandemic. Curbside pickup accounted for 13% of online orders on Thanksgiving day and Black Friday among retailers that offer the service, …
• 30 November

  Moneybird Picks Adyen And Other Digital Transactions News briefs from 11/30/22

  

  Payments provider Adyen Inc. said Moneybird, a software-as-a-service platform, has agreed to use card-issuing and business-accounts services the payments company has recently released. Prepaid card specialist Blackhawk Network announced its rebates-redemption platform has exceeded 1 billion transactions. Rebates are processed via branded gift or prepaid cards. POSaBIT Systems Corp., a specialist in payments processing …
• 29 November

  LaGuardia Restaurants Add Contactless And Other Digital Transactions News briefs from 11/29/22

  

  OTG Management, which manages airport restaurants, said it is supporting contactless payments and an expansion of Apple Pay and Google Pay acceptance, along with PayPal and Venmo, at two newly opened restaurants at LaGuardia airport. BigCommerce said merchants using its e-commerce sales had a 31% increase year-over-year in gross merchandise value …