Tuesday , April 23, 2024

Fanatics Adds Installment Payments and other Digital Transaction News briefs from 9/9/20

  • Fanatics, a retailer selling sports merchandise, is one of the first merchants to sign up for a point-of-sale installment payment service from Fiserv Inc. and QuadPay.
  • Lightspeed POS Inc. made its shares available for purchase in the United States. The Canadian point-of-sale system developer also filed its application to list its shares on the New York Stock Exchange under the LSPD ticker.
  • Shift4 Payments Inc. said it intends to offer 2 million shares of its Class A common stock in an upcoming offering. Certain selling stockholders also intend to offer 8 million shares of the same stock type at that time.
  • ATM and POS system maker Diebold Nixdorf Inc. released the DN Series Beetle point-of-sale product suite that features a modular, all-in-one design.
  • Paysend, a United Kingdom-based money-transfer provider, said it is now available to U.S. consumers via a partnership with Central Payments, the payments subsidiary for Central Bank of Kansas City. Matt Montes, previously president of Catalina Card Services, was named general manager of the Paysend U.S. business.
  • Transaction Network Services Inc. released new pricing bundles and incentive programs for businesses still needing to convert their fuel pumps to the EMV standard, which they must do by April or face a liability shift for noncompliance.
  • Business-to-business payments specialist AvidXchange Inc. launched its Boost Your Business program, aimed at helping companies automate their accounts-payable functions.
  • PCI Pal added speech recognition capability to its Agent Assist and IVR Payment products to enable callers to securely speak their sensitive payment data while PCI Pal processes the data and prevents a customer-service agent from hearing or seeing the data.
  • Mastercard Inc. introduced what it calls a virtual testing environment to let central banks evaluate applications for so-called central bank digital currencies (CBDC). The testbed allows for issuance, distribution, and exchange of CBDCs between banks, financial-service providers, and consumers.
  • Payments-technology provider Bill.com appointed Tom Clayton as its first chief revenue officer. Clayton comes to the company from Houzz, a company serving homeowners and home-improvement professionals.

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