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Read More »Merchant Lynx Acquires National Credit Card Processing; 365 Retail Markets, First American Launch Terminals
Merchant Lynx Services has acquired National Credit Card Processing Group, a provider of B2B payment solutions, for an undisclosed sum. National Card Processing specializes in payment acceptance for the construction and heavy-duty trucking parts and repairs, concrete ready mix, asphalt and aggregate supply, and highway civil construction industries. The acquisition …
Read More »Luxury Retailer LVMH Adopts Tap to Pay on iPhone
A handful of U.S. retail outlets owned by luxury-goods retailer LVMH Group will offer Tap to Pay on iPhone later this year, the Paris-based company announced Wednesday. Tap to Pay on iPhone enables merchants to accept contactless payments using a payment-acceptance app and an off-the-shelf iPhone. The service, announced in …
Read More »RetailNow 2023
To Be Competitive, Banks May Need a Mobile Wallet That Leverages Their Retail Banking Prowess
If banks are to compete against the likes of Apple Pay and Google Wallet in the mobile-wallet arena, they are going to have to provide value-added features that leverage their retail-banking products, such as money management and loyalty accrual and redemption. “The killer question is how to disrupt something that …
Read More »Five More Years for Fiserv’s Bisignano; A Holiday Shopping Pall; Crime Ring Targets Online Retailers
Crime Ring Targets Online Retailers And Other Digital Transactions News briefs from 12/22/22
A fraud ring that appears to be based in Southeast Asia is targeting U.S. retailers and has already committed an estimated $660 million in fraud in stolen laptops, cell phones, computer chips, gaming devices, and other goods just in November, said Signifyd, an online-fraud prevention firm. Signifyd said it has been tracking …
Read More »Paya Partners With 1Retail to Bring Integrated Payments to Small Businesses
Payments provider Paya Inc. has agreed to supply point-of-sale systems supplier 1Retail with technology that enables EMV contactless and stored payments in enterprise resource planning (ERP) software from Acumatica Cloud. The deal provides Paya’s and 1Retail’s mutual customers running the Acumatica ERP platform with a POS system that works in …
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