Friday , March 29, 2024

EVO Notes Oracle Integration and other Digital Transactions News briefs from 11/16/21

  • EVO Payments Inc. reached an agreement with Oracle that will see EVO able to enable Oracle’s enterprise payment services to EVO’s hospitality and retail merchants. EVO will be able to offer its acquiring services to Oracle customers. EVO also will develop a direct integration to the Oracle Payments Interface, which provides access to Oracle’s point-of-sale software products.
  • Visa Inc. announced it will work with contactless-payments device maker Tiptap to allow consumers to make contactless donations at Salvation Army red kettles during the upcoming holiday season.
  • Payments provider SpotOn Transact Inc. announced it has acquired Dolce Software, a developer of labor-management technology for restaurants. Terms were not announced.
  • XTM Inc., a provider of payments services for the hospitality and personal-care industries in Canada, said it is working with The Bancorp Inc.’s The Bancorp Bank to support card-issuing as part of XTM’s expansion into the U.S. market.
  • Some 26% of U.S. consumers plan to spend more during the coming holiday season than they did last year, up from 16% who said the same thing a year ago, according to survey data from Discover Financial Services and research firm Dynata. The survey canvassed 2,000 U.S. adults.
  • The Federal Reserve’s Financial Services unit launched FedDetect Duplicate Treasury Check Notifier Service, aimed at alerting banks of first deposit to potential duplicate U.S. Treasury checks processed by the Federal Reserve Banks either on the current day or in the previous 60 days. The service covers deposits across mobile, ATM, and teller deposit channels.
  • Money-transfer service Paysend Group said it now has 5 million customers globally, up from 4 million in July.
  • Vesta Corp. announced PLDT Inc., said to be the largest fully integrated telecom company in the Philippines, has adopted the U.S.-based company’s anti-fraud technology for online transactions.
  • Australia’s Bank of Queensland expects to offer such debit card services as the ability to add cards to a digital wallet and to pay using wearables, following migration of the portfolio to Fiserv Inc.’s FirstVision platform.

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