Digital Transactions Authoritative, insightful and timely information for payments professionals
- Mobile-payments specialist xPressTap Inc. launched its Tap2App product that enables merchants to accept contactless card payments wirelessly using a near-field communication-equipped mobile device.
- American Express Co. said it now provides an integrated service to MineralTree, an accounts-payable service, to ease business-to-business payments.
- Payments provider Integrity Payment Systems announced a partnership with Operation First Response, a nonprofit organization that provides emergency financial assistance to wounded and disabled veterans.
- E-commerce shopping cart provider 3dcart said Apple Pay is now available to its users as a payment option.
- Financial-institution processor Fiserv Inc. said its 2017 second-quarter payments revenue of $716 million is a 3.3% increase from $693 million a year ago. For the first six months of this year, its payments revenue of $1.43 billion is 5.3% greater than the $1.36 billion recorded in 2016. In the quarter, Fiserv announced it was buying Monitise plc.
- Financial-institution processor Fidelity National Information Services (FIS) reported net income of $140 million in the second quarter, a 12.9% increase from $124 million in the 2016 second quarter. FIS had revenue of $2.34 billion in the quarter, an 1.6% increase from $2.31 billion a year ago. Year-to-date net income of $284 million is 55.2% greater than the $182 million a year ago.
- The Accredited Standards Committee X9 Inc. updated the standard governing PINs used in point-of-sale and ATM transactions.
- Visa Inc. announced it supports the QR code payment specifications released by EMVCo.
- The CardLinx Association, which promotes online-to-offline commerce through card-linking, announced new members, including Capital One, JCB, Yahoo! Japan, and Dentsu. Card-linking is intended to connect digital advertising with in-store purchases.
- Fraud-prevention specialist Signifyd named Long-Ji Lin chief scientist. In his role, Lin, who most recently was at marketing firm Rocket Fuel, will focus on expanding the company’s machine-learning capabilities.
Related Articles
Check Also
Splitit Teams With Google to Bring Predictable BNPL Approvals to Agentic Commerce
Splitit USA, Inc. is betting its adoption of Google Inc.’s Universal Commerce Protocol will simplify …