Tuesday , June 25, 2024

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June, 2024

  • 10 June

    Mastercard’s AI-Powered Shopping Muse Has Been Deployed by Michael Kors

    Retailer Michael Kors is getting into the artificial intelligence-powered shopping recommendation business with the adoption of Shopping Muse, a recommendation engine from a Mastercard Inc. company. Developed by Dynamic Yield, a data-personalization platform Mastercard acquired from McDonald’s Corp. in 2022, Shopping Muse employs artificial intelligence to make recommendations and further …

January, 2024

  • 8 January

    Garmin Pay in New Garmin Watch And Other Digital Transactions News briefs from 1/8/24

    Garmin International Inc. launched its Lily 2 series of smart watches, which include the company’s Garmin Pay contactless-payments technology. The Chinese technology and payments giant Ant Group, parent of Alipay, is closing in on an acquisition of MultiSafepay, a Netherlands-based payments platform, for about $200 million, Reuters reported. Alipay is the operator of the Alipay+ …

December, 2023

September, 2023

  • 24 September

    How ISVs are Adapting to Rapid Market Shifts

    By Tom Byrnes, SVP, Marketing, PayiQ The current ISV market is growing exponentially and is expected to show a compound annual growth rate (CAGR) of 14.1% from 2022 – 2030. This growing scope of opportunity has attracted new players into the market. According to recent research by the Retail Solutions …

July, 2023

  • 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, …

  • 14 July

    Olo Adds Kiosk Payments And Other Features for Restaurants

    Olo Inc., a software-as-a-service platform provider for restaurants, rolled out several enhancements, including the ability for customers to place orders and pay for them using the Olo Pay application at in-restaurant kiosks. Enabling in-restaurant payments at kiosks marks the first availability of card-present payment processing through Olo Pay. Olo developed …

February, 2023

  • 14 February

    U.K. Regulators Are Mulling BNPL Legislation

    Two years after announcing United Kingdom lawmakers would regulate buy now, pay later services, HM Treasury, the British government’s financial arm, has begun its consultation process. As reported in The Guardian, the process will take eight weeks and will outline the rules that BNPL providers will have to follow. Klarna …

October, 2022

  • 28 October

    Meta Pay Widens Its Merchant Reach Through a Deal With Chase Payments

    Meta Pay, the mobile wallet from Meta Platforms Inc., has reached an agreement with JP Morgan Chase Payments to make the payment option available to Chase merchants on their e-commerce site or mobile app. The announcement was made earlier in the week on Twitter by Stephane Kasriel. the head of …

  • 27 October

    Open Banking Will Soon Have a New Overseer As the CFPB Looks to Regulate Data Sharing

    With data sharing via open-banking arrangements becoming increasingly vital in the payments business, the Consumer Financial Protection Bureau on Thursday released an outline of a “data-rights rule” it is preparing that would govern how consumers’ financial information is shared among players such as banks and payments companies. The proposed rule …

September, 2022

  • 28 September

    Agility with e-commerce: Enabling e-commerce payments is no longer negotiable

    By Dustin Siner, Chief Revenue Officer, Agile Financial Systems The rise of e-commerce and social commerce is unmistakable. What was once viewed as an alternative shopping method for a select few is now the preferred shopping method for a significant portion of consumers. A report by Statista forecasts that by …

Digital Transactions