Sunday , December 28, 2025

Transaction Processing

BP Testing Self-Checkout Tech And Other Digital Transactions News Briefs 12/9/21

Fuel retailer BP is installing automated checkout technology from Grabango in 10 convenience store locations, Grabango announced. Seven AMPM stations in California and three Amoco stores in Pennsylvania will have the technology operational by mid-2022. Consumers use a Grabango app to shop and pay without queuing for a checkout lane.Buy now, pay later provider Klarna …

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BofA Introduces a Zelle Widget to Help Veil Account Details for P2P Transfers

To make it more convenient for its customers to send money using Zelle, the major peer-to-peer payment network operated by Early Warning Services LLC, Bank of America Corp. has developed a Zelle widget that can be added on the home screen of a mobile device. The widget will take BofA …

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Eye on Crypto: Visa Launches a Consulting Unit; Nextech Links to Coinbase for Acceptance

With interest in cryptocurrency increasing at the two major card networks, it was only a matter of time before one of them launched a consulting service specializing in the subject. Visa Inc. early Wednesday announced it is launching its Global Crypto Advisory Practice as part of its existing Visa Consulting …

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57% Use App for Takeout Food and other Digital Transactions News briefs from 12/8/21

A report from consulting firm Deloitte found that 57% of consumers use a digital app to order restaurant food for off-premise dining, up from 54% in 2020. Even for ordering in a restaurant, 64% of consumers prefer to place their order digitally, up from 53% last year. The survey of 1,000 consumers …

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With At-Pump EMV a Work in Progress, Providers Look to Mask Card Transactions With Encryption

The switchover of gasoline stations in the United States to the EMV chip card standard has been a work in progress, but now products are emerging that can secure card data at the pump through a technology known as point-to-point encryption. Payments provider ACI Worldwide Inc. early Tuesday said it …

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Stripe Acquires OpenChannel and other Digital Transactions News briefs from 12/7/21

Processor Stripe Inc. said it acquired OpenChannel, which provides app marketplace software. Terms were not disclosed.Payments provider Payoneer Inc. announced a worldwide working-capital offer for sellers on the Walmart U.S. marketplace.In related news, Facepay Inc., a payments provider specializing in auto-repair shops, said its Facepay Capital service is available to all shops on its platform.Money transmitter LianLian …

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Consumers Expect More E-Commerce Fraud During the Holidays, And They Blame Marketplaces

The risk of being defrauded by online sellers is a major concern for consumers this holiday-shopping season, according to a survey by Socure Inc., a provider of identity-verification and fraud-detection technology. And consumers are poised to blame not just the fraudulent sellers, but the marketplaces that host them, the survey …

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Black Friday Traffic up 40% and other Digital Transactions News briefs from 12/6/21

Of the so-called Cyber 5 shopping days—Thanksgiving Day through Cyber Monday—Black Friday generated the most shopping traffic online last month, with traffic at its peak nearly 40% higher than the peak at Thanksgiving and 5% higher than on Cyber Monday, according to data from Fastly, an e-commerce platform provider.Issuer processor Paymentology Ltd. said …

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A Dwolla And Infinicept Link Aims to Make Embedded Payment More Accessible to ISVs

Payment-platform provider Dwolla and Infinicept, a Denver-based firm that specializes in embedded payments, are teaming up on new technology for independent software vendors.  The partnership is aimed at making it more economical for business-software providers to include payment processing in their application and reduce their time to market by months. …

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Tassat Scores Western Alliance Bank for Its Bank-Based Blockchain-Payment Technology

Stablecoins have come in for government scrutiny in recent weeks, but use of this blockchain-based technology to enable immediate business-to-business payments between bank clients is moving forward nonetheless. Late Thursday, Tassat Group Inc. announced Phoenix-based Western Alliance Bank will use the company’s TassatPay technology to allow business clients to pay …

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Digital Transactions