Transaction Processing

Underscoring the rising profile of open banking in consumers’ financial lives, Green Dot Corp. early Tuesday said it has completed an integration for its GO2bank mobile banking app with the Plaid Exchange network from Plaid Inc. The move will connect users of Green Dot’s app, launched only in January last …

Payments provider ACI Worldwide Inc. said its data indicate the number of tax payments made via a mobile device has increased 27% over the same time last year, while the dollar value has climbed 40%. Tax payments via credit card are up 13%, and have increased 8% by debit card. Dollar value …

As e-commerce merchants look to make checkout faster and more convenient for a rising volume of online customers, e-commerce platform provider BigCommerce Holdings Inc. is partnering with Bolt Financial Inc., a developer of cloud-based checkout, payments, and fraud prevention solutions, to more quickly enable BigCommerce merchants of all sizes to …

Buy now, pay later specialist Affirm Inc. said its fiscal quarter-to-date financial metrics exceeded its expectations, leading it to revise its financial outlook. Affirm on Feb. 10 had expected its gross merchandise volume to be no more than $3.71 billion, but now says it will be at least that much.Aplazo, a buy …

Having held off for the past two years, the country’s two biggest card networks are preparing revisions to their interchange schedules that at least one research firm says will cost U.S. merchants an estimated $475 million in additional transaction fees. Though Visa Inc. and Mastercard Inc. have historically revised their …

With consumers starting to dine out again, improving their dining experience through digital ordering and tableside payments solutions is becoming a pressing need for restaurants. Texas Roadhouse has become the latest restaurant chain to take the digital plunge, implementing Ziosk’s Cloud Commerce Platform for digital tableside ordering and payments. The …

With momentum accelerating behind faster payments on the automated clearing house, fraud prevention is taking on a higher profile at the nation’s banks. In the latest move, Bank of America Corp. on Thursday introduced ACH Positive Pay on its CashPro mobile app. The move will let app users review and …

E-commerce platform eBay Inc. announced it is launching a digital wallet, its first, to allow sellers to use proceeds from their sales to make purchases or pay for selling expenses.The Western Union Co. has suspended operations in Russia and Belarus in response to Russia’s invasion of Ukraine. The move follows decisions by other global …

The steady development of the cryptocurrency industry worldwide and domestically has led the executive branch of the federal government to lay the groundwork for regulation of these assets. The move, embodied in an executive order signed Wednesday by President Joe Biden, has drawn applause from some payments trade groups, though …

Diebold Nixdorf Inc. launched its Vynamic Retail Platform that includes functions such as checkout, loyalty program management, retail management, and compliance.Visa Inc. said it completed its $2.15 billion acquisition of Tink, an open banking platform. Announced in June, the acquisition gets Visa access to 3,400 financial institutions in Europe. Stockholm-based Tink will operate …