Friday , March 29, 2024

Huntington Adds TCH’s Real Time Payments Service and other Digital Transactions News briefs from 6/4/20

  • Huntington Bancshares Inc. has made the Real Time Payments service from The Clearing House Payments Co. available to its consumer and business customers. Huntington has 839 branches and 1,434 ATMs in seven Midwestern states.
  • Processor Fiserv Inc. introduced its FlexLine Advance service that enables holders of credit cards issued by Fiserv client banks and credit unions to access their unused lines of credit to pay bills in which credit card payment normally may be unavailable, such rent or mortgage, utilities and other living expenses. Fiserv said the service, which lets financial institutions define up to three lending options, including interest rate and payment period, could help financially stressed consumers and small businesses affected by the Covid-19 pandemic.
  • Nuvei Technologies subsidiary SafeCharge International Group Ltd. introduced SafeCharge Local, a service that enables consumers to make payments online and over the phone and businesses to receive payments via QR codes without the need for a physical point-of sale-terminal or an online shop.
  • Also, Nuvei named Motie Bring its chief commercial officer. Bring most recently held a senior management role at Worldpay.
  • Ondot Systems Inc., a card-services platform for issuers, said it is making tokenization via the Visa Token Service available to its clients. The service will enable cardholders to add Visa cards to digital wallets and authenticate the cards for purchases.
  • Everi Holdings Inc., a supplier of gaming services and ATMs and cash advances at casinos, reported 22.7 million ATM transactions in the first quarter, down 8.5% from 24.8 million a year earlier. Everi reported a net loss of $13.5 million as its casino clients closed with the onset of the coronavirus pandemic.
  • Commercial filings for Chapter 11 bankruptcy reorganization rose 48% year-over-year in May to 724 petitions, according to Epiq Global, which provides operational support to the legal-services industry.
  • TouchBistro appointed John Doolittle as chief financial officer; Doolittle comes to the restaurant point-of-sale technology provider from global software firm OpenText, where he was CFO.

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