Digital Transactions Authoritative, insightful and timely information for payments professionals
TrustCommerce says the first client to use its Cloud Payments integration with Epic Systems Corp.’s health-care software for card-present payments is now live. Chicago-based TrustCommerce says The Ohio State University Wexner Medical Center is the first to use its Cloud Payments integration. Cloud Payments uses Android-based point-of-sale devices from PAX …
August, 2024
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26 August
Onfleet’s Shopify Tie-up and other Digital Transactions News briefs from 8/26/24
Onfleet, a delivery management software platform, said its new partnership with Shopify Inc., an e-commerce and point-of-sale platform, integrated Shopify online orders with Onfleet’s platform. Rentvine, a software platform for rent payments and other property-management functions, raised $74 million in growth capital from Mainsail Partners. Businesses in the Asia-Pacific region are adopting …
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23 August
A Crypto Exchange Adds Apple Pay And Google Pay As Payment Options
Bitget, a cryptocurrency platform that allows investors to buy and trade cryptocurrencies and altcoins, has expanded the payment options for its digital wallets to include Apple Pay and Google Pay. The addition of Apple Pay and Google Pay, which have a combined user base of more than 650 million, is …
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23 August
A New Fraud Tool Clusters Attack Patterns Across Industries
The ever-shifting attacks from online criminals has prompted Sift to launch ThreatClusters, a tool to detect similar fraud patterns across industries to better identify risk patterns. San Francisco-based Sift says traditional fraud-detection models too narrowly focus on a single organization’s data or apply insights too broadly across diverse industries. It …
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23 August
Affinity Plus Adds FedNow and RTP and other Digital Transactions News briefs from 8/23/24
Affinity Plus, a credit union, announced it has added a real-time payment service based on FedNow and The Clearing House Payments Co.’s RTP network. Ark Labs said it has closed on a $2.5-million funding round led by Tim Draper, a venture capitalist. The startup says the funding will help it as …
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22 August
InvoiceASAP Partners With Adyen on Instant Payouts As Real Time Processing Unfolds
InvoiceASAP Inc., a provider of invoicing and payment technology for small and medium-size businesses, has partnered with Adyen NV to provide merchants instant access to deposited funds. InvoiceASAP will leverage Adyen for Platforms, an end-to-end payments and customer-experience platform, to offer its 23,000 merchants immediate access to pending funds and …
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22 August
Ransomware Demands Averaged $1.6 Million in Second Quarter, a New Report Says
Ransomware is a sobering item on every organization’s list of things to worry about. New data shows it might be more problematic than ever as the average ransomware demand reached $1,571,667 in the second quarter, more than double the average in the first quarter, according to “Q2 2024 Cyber Threat …
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22 August
U.S. Bank Acquires Salucro and other Digital Transactions News briefs from 8/22/24
U.S. Bank has acquired Salucro Healthcare Solutions LLC, a 20-year-old provider of payments and billing technology for the health-care industry. Terms were not announced. The bank first invested in Salucro in 2022 and has sold its services through Elavon, the bank’s payments entity, as a product called MedEpay. Relay Payments, a …
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21 August
SocketMobile Rolls Out a Reader for a Growing Market in Payments Triggered by QR Codes
SocketMobile Inc., a provider of mobile data-capture solutions, has launched a countertop QR-code payment reader to enable consumer-presented QR-code operations. The device, called the SocketScan S320, was developed in response to consumer demand for QR-code technology at the point-of-sale, the company says. The global payment market for QR codes totaled …
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21 August
As EV Charging Stations Spread, BlueSnap Links With EV Connect for Payments Processing
The number of public charging stations for electric vehicles has nearly doubled over the past five years to more than 61,000, and that’s leading some major payments platforms to view these venues as an increasingly important market. In the latest development, EV Connect, a business-service provider for these stations, has …