Point-of-sale

August, 2023

• 1 August

  Verifone’s New Boss And Other Digital Transactions News briefs from 8/1/23

  

  Payments technology provider Verifone Holdings Inc. announced Mike Kohlsdorf has joined the company as chief executive, succeeding Mike Pulli. Kohlsdorf’s background includes CEO positions with eight portfolio companies of Verifone backer Francisco Partners. Pulli has been CEO since 2018. Payments technology firm Weave, a specialist in small and medium-size businesses, announced an expansion …

July, 2023

• 31 July

  Beyond Amazon: 57,000 Stores Globally Are Offering Mobile Self-Checkout Technology

  

  Amazon.com Inc. grabbed headlines last week with its announcement that it will deploy its palm-reading checkout technology in all of its more than 500 U.S. Whole Foods stores, but it turns out scanning capability from a wide variety of software companies is taking over checkout duty worldwide, according to recent …
• 31 July

  Global Airlines And AmEx And Other Digital Transactions News briefs from 7/31/23

  

  Global Airlines, which launched this year and expects its first flight in 2024, announced it is accepting American Express for ticket bookings. The big China-based mobile-payments provider Alipay said its Alipay+ service, which includes marketing support, launched its Premier Partner Program globally with enrollment so far by 30 Asian retailers. Specialty-insurance carrier Blitz Insurance …
• 28 July

   ATMs in Transit And Other Digital Transactions News briefs from 7/28/23

  

  F.N.B. Corp., with its First National Bank unit, agreed to be the sole provider of ATMs for the Washington Metropolitan Area Transit Authority, said to be the third-largest U.S. rail system. The push-payments platform Checkbook announced an integration with the peer-to-peer payments provider Zelle to enable instant payments for Checkbook users. Transact Campus, a …
• 27 July

  Mastercard Is ‘Ready To Compete’ for Online Debit Volume, Says CEO Miebach

  

  With payments-industry competition rapidly getting more intense, long-established players such as Mastercard Inc. could lose out if they don’t change with the times. But Mastercard’s chief executive signaled Thursday that change is just what his company is doing. “We stand ready to compete,” declared Michael Miebach during Mastercard’s second-quarter earnings …
• 27 July

  Shift4 Decries ‘Junk Fees’ Levied by Rival Restaurant Processors

  

  Shift4 Payments Inc. said early Thursday it will pay restaurants a dollar for every online order they receive across the first three months that they use the company’s SkyTab POS system. Shift4 contends it is making the move in response to what it calls junk fees charged by other payment …
• 27 July

  Tap to Pay in North America And Other Digital Transactions News briefs from 7/27/23

  

  Payments-technology provider Aevi said it is working with contactless-technology firm Bleu to offer tap-to-pay functionality in North America and Europe on both Android and iPhone devices. Cross River Bank said it will enable an expanded menu of payment options through open-banking platform Plaid, including instant transfers for payroll and other applications. Payments provider Lightspeed …
• 26 July

  POS Technology Helps Deliver Double-Digit Growth for Fiserv’s Acquiring Unit

  

  The merchant-acquiring business helped deliver a strong quarter for Fiserv Inc. as the big processor reported Wednesday its ninth consecutive period of organic revenue growth, or growth stemming from existing rather than recently acquired businesses. The Brookfield, Wis.-based company singled out its Clover point-of-sale technology for special mention as a …
• 25 July

  Visa’s CEO Delicately Fields Questions About the Company’s Merchant Relations

  

  Visa Inc.’s top brass, during the company’s quarterly earnings conference call Tuesday afternoon, preferred to talk about fast-growing newer lines of business such as value-added services and transaction sources apart from traditional plastic credit and debit cards. But stock analysts on the call had questions about some sensitive merchant-relations issues, …
• 25 July

  The CCCA Won’t Harm Card Issuers’ Ability to Fund Rewards Cards, MPC Says

  

  The latest battle in the war over the proposed Credit Card Competition Act has focused on the question whether the legislation would cut rewards and other benefits for cardholders. Citing research from the consulting firm CMSPI, the Merchants Payments Coalition, a lobbying group for sellers, argues that passage of the …