Digital Transactions Authoritative, insightful and timely information for payments professionals
- The four-week average purchase amount for contactless transactions made with a debit card is $20.53, lower by 49% from the $40.43 overall average for purchases made with debit cards, said PSCU, a credit union service organization, in its weekly Tracking Transactions Trends report.
- Nacha announced that Nivelo Inc., a specialist in payments security for automated clearing house transactions, has joined Phixius, a payment-data exchange introduced in February by Nacha, the governing authority for the ACH.
- An American Express Co. survey found that 78% of small and mid-size businesses said payment flexibility is important when it comes to business expenses this holiday season. AmEx also said its Pay Over Time feature for Green, Gold, and Platinum Business card holders is now active.
- Kount Inc. announced businesses using the Magento e-commerce platform can access Kount’s fraud-prevention technology through an agreement between Kount and the Adobe Exchange Partner program. Adobe Inc. acquired Magento in 2018.
- Mobile parking-app provider ParkMobile LLC said it will enable mobile payments at 3,600 parking spaces in lots managed by ParkFirst in Houston, New Orleans, and Mobile, Ala. ParkMobile claims more than 1.7 million users across Texas, Louisiana, and Alabama.
- Payments provider Rev19 LLC named Dustin Siner its chief revenue officer. Siner previously worked at TSYS, where he was responsible for partnerships in the independent sales organization, agent, payment facilitator, and referral partner sales channels. Siner will lead Rev19’s sales efforts and oversee its operations.
- Fiserv Inc. said Kevin M. Warren was appointed to its board of directors. Warren is chief marketing officer at UPS.
- Bitcoin Association, which promotes the Bitcoin SV blockchain, announced it hired Brian Daugherty as technical outreach specialist. Bitcoin SV (the SV stands for Satoshi Version) emerged in November 2018 as a hard fork of Bitcoin Cash, which itself came into being in 2017 as a hard fork of the original Bitcoin blockchain.
- Payments provider Priority Technology Holdings Inc. hired former Sage and IBM executive Dave Faupel as chief marketing officer.
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