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How J.P. Morgan’s Ambitious Commerce Platform Enables Cross-Channel Payment...
J.P. Morgan Payments sees the future of electronic commerce as one pipeline accessed by consumers across channels. Its role in that scenario is outlined by the debut earlier this year of what it calls...
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COMMENTARY: Charting a Course Toward Transparent and Secure Digital Payments
Decentralized finance (DeFi) is revolutionizing the way consumers and businesses handle their financial affairs, offering an innovative alternative to traditional, centralized financial systems. This...
View ArticlePicklejar’s Contest Tools And Other Digital Transactions News briefs from...
Picklejar Entertainment Group, whose software manages payments and other functions for events, launched contest-management capability incorporating the company’s identity-verification technology....
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At a Double-Digit Growth Rate, BNPL Isn’t Cooling off
The buy now, pay later trend emerged in the U.S. market in a big way in 2020 in the wake of the pandemic as a means to let strapped consumers make point-of-sale and online transactions with partial...
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Visa Adds Virtual Card Capabilities for Commercial Card Users
Just as Visa Inc. is expanding its Commercial Pay service to the Latin American and Caribbean region, it is making virtual card issuance for its commercial card clients a reality. Visa says Commercial...
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Radial Adds Link Money’s Pay by Bank for Account-to-Account Payments
E-commerce platform Radial Inc. is giving its merchants a new payment option that bypasses traditional credit and debit card payments and instead relies on account-to-account transfers. Dubbed Pay by...
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eTip Brings Digital Tipping To Davidson Hospitality Properties
The digital-tipping provider eTip announced late Monday it has partnered with Davidson Hospitality Group to make its service available to Davidson’s 85 hotels and resorts, as well as the company’s...
View ArticleFIS’s Pay by Bank Path And Other Digital Transactions News briefs from 2/14/24
FIS Inc. said it is working with Banked, an open-banking provider, to develop new pay by bank services for businesses and consumers. Gateway provider Trice Technologies Inc. said it is a technology...
View ArticleShift4’s AI-Based Site Builder And Other Digital Transactions News briefs...
Shift4 Payments Inc. launched SkyTab Website Builder, a tool enabling restaurants to more easily design a Web site. Businesses using Shift4’s SkyTab point-of-sale payments technology can access the...
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If Top Card Execs Must Testify, So Should Merchant Leaders, CCCA Opponents Argue
Days after Sen. Dick Durbin, D-Ill., sent letters to the chief executives of Visa Inc. and Mastercard Inc. demanding they testify before the Senate Judiciary Committee about their opposition to the...
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Booming Same-Day ACH Volume Is Up 22%
Volume for automated clearing house transactions cleared and settled on the same day they’re initiated increased 22.3% in 2023, signaling the embrace of same-day ACH by the payments industry, Nacha...
View ArticleSmaller Issuers Have Better Rates, CFPB Says and other Digital Transactions...
The Consumer Financial Protection Bureau’s most recent analysis of card issuing practices found that in the first half of 2023 small banks and credit unions tended to offer lower interest rates than...
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Toast Reports a Robust 2023 And Fourth Quarter As Dining Maintains Its Rebound
Shares in restaurant point-of-sale specialist Toast Inc. were trading modestly up early Friday following the company’s release late Thursday of December-quarter and full-year results indicating...
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NMI Launches an Embedded Payments Platform to Ease Integration And Processing...
Payments provider NMI LLC announced Thursday the launch of NMI Payments, a modular embedded-payments solution that enables software companies and independent sales organizations to integrate and...
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Lavu Hits the 1-Billion Transactions Mark Amid a Merchant Billboard Program
Restaurant point-of-sale specialist Lavu Inc. notes more than 1 billion orders have been placed on its POS platform. This comes as Lavu starts a restaurant advertising program featuring billboard...
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The EU’s Fine Against Apple in Its Spotify Case Echoes a Familiar Story
The European Commission is planning to announce a fine of about 539 million euros ($500 million) on Apple Inc. next month after investigating a complaint from Sweden-based music app maker Spotify...
View ArticleNot Even 1% Want Crypto Checkout And Other Digital Transactions News briefs...
Cryptocurrency as a payment method is only wanted by less than 1% of online shoppers surveyed in a Chargebacks911 report. The survey was performed by consulting and research firm TSG of 4,000...
View ArticleAfterShip Apple Wallet Updates And Other Digital Transactions News briefs...
AfterShip, an e-commerce service, said it has enabled merchant users to get real-time delivery updates and track orders through Apple Wallet. Fortress Payments, a fintech for credit card issuing and...
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Good News for Paze: 44% Would Use a Bank-Provided Digital Wallet
When it comes to online checkout, consumers like using digital wallets. Seventy-two percent of them value digital-payment tools like digital wallets to make the online checkout easier, says Paze in...
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Eye on POS Tech: POS Nation Acquires GrazeCart; Toast Signs Caribou Coffee
Point-of-sale technology provider POS Nation has acquired e-commerce platform GrazeCart for an undisclosed sum. The deal will provide POS Nation with access to an e-commerce platform that will expand...
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