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November 1, 2024. Nacha’s Pay by Bank Definition Work and other Digital Transactions News briefs from 11/1/24. November 1, 2024. A Court Hears Arguments Over a Possible Injunction Against the Illinois Interchange Law. October 31, 2024. Mastercard Looks for Growth Across a Widening Field. October 31, 2024.
News - Digital Transactions
Shift4’s ConnexPay Tie-in and other Digital Transactions News briefs from 11/6/24. Processor Shift4 Payments Inc. said it will integrate payment-issuance technology from payments provider ConnexPay for online travel agencies operating in the United Kingdom and Europe. The Dow Jones Industrial Average gained 1,100 points in early trading ...
Walgreens Moves into Banking With Its Scarlet Bank Account And …
Sep 2, 2021 · “Scarlet is just the latest expansion in the Walgreens financial-services portfolio, which also includes the Walgreens mobile wallet, remittance services, ATM, third-party banking services, and the recently launched myWalgreens Credit Card,” Maria Smith, vice president of payment and financial services at Deerfield, Ill.-based Walgreens, said in a statement.
Bill-Payment Network Doxo Debuts a Service Aimed at Bypassing …
May 27, 2021 · Building on what it says is its strategy to make electronic bill payment simpler and more accessible to consumers, doxo Inc. is offering consumers a bill-payment service that avoids fees.
NCR To Take a Direct Role in Payments With its Pending $184 …
Oct 22, 2018 · The acquisition by NCR “dramatically accelerates our capabilities,” says JetPay CEO Faro. “The acquisition of JetPay is a key, strategic initiative that will enable NCR to create a full, end-to-end integrated payments offering for its enterprise-wide POS customers,” NCR president and chief executive Michael D. Hayford said in a statement.
Why Payment Facilitators Are Thriving – Digital Transactions
Mar 1, 2020 · Today, payment facilitators provide small merchants with a smoother onboarding process and a better payment experience. By removing digital-payment acceptance barriers for small merchants, Visa and MasterCard are earning more revenue by converting more non-card volume onto their networks. This provides a strong financial incentive for the card ...
Visa’s Latest Debit Card Perk Is Eligibility for ReadyLink, its Prepaid ...
Oct 18, 2021 · With the expansion, Visa says it hopes to add to the convenience of its debit card holders, citing cases where additional trips to the bank aren’t convenient. It also sees the move aiding financial institutions that have emerged in recent years to serve customers in the online channel exclusively.
The Eight-Digit BIN Problem – Digital Transactions
Sep 1, 2021 · Next year, a new ISO standard will expand the size of BINs by two digits, creating a security issue. Here’s an approach to a solution. A card-identification standard set by the International Standards Organization mandated that banks switch over from the current six-digit Bank Identification Number (BIN) to eight-digit BINs …
Why Regulators Are Saying ‘Yes’ to ... - Digital Transactions
Nov 17, 2020 · The DoJ based its lawsuit on its contention that Visa’s intention in buying Plaid is to stop it from building a data network that could ultimately compete with the number-one card system’s debit-networking business. Visa denies the claim and argues the antitrust suit is baseless. But with Mastercard’s deal for Finicity, while the ...
COMMENTARY: Streamlining Payments with Straight-Through …
Jan 22, 2024 · Straight-through processing (STP) is a solution that enables businesses to expedite financial transaction processing while reducing errors and eliminating repetitive tasks. In both accounts payable and accounts receivable, STP can transform the way payments are sent, collected, and reconciled by reducing manual interventions and errors while ...