Home Posts tagged "payments" (Page 2)
formats

American Express Leverages Cardholder Online Login Information for Faster Online and Mobile Purchases with Amex Express Checkout

Following Visa Checkout and MasterPass, American Express launched their new Amex Express Checkout service in July, but doesn’t want it to be labeled a wallet. Cardholders that login to view or pay statements online can use the same user ID and password to submit payments online via PCs, mobile web browsers and mobile apps, and

(More)…

 
formats

First Data Acquires Digital Gift Card Distributor Transaction Wireless Inc.

Less than one year after the acquisition of digital gift card platform Gyft in 2014, First Data announced the acquisition of Transaction Wireless Inc., who provides open and closed loop prepaid and store-branded digital gift card management, on July 14th. Financial terms were not disclosed for either acquisition. The acquisition of Transaction Wireless increases First

(More)…

 
formats

Growing Mobile Traffic Underscores Importance of Mobile Friendly Sites and Apps

According to data from comScore, 13 percent of U.S. Internet users that visited retailers online did so only using mobile devices, including both mobile web and mobile apps. Meanwhile nine out of the ten largest online retailers in North America are seeing at least one-third of their digital traffic in the mobile channel, and at

(More)…

 
formats

U.S. House Members Form Congressional Payments Technology Caucus

Four members of the House of Representatives formed a bipartisan committee known as the Congressional Payments Technology Caucus (CPTC) announcing the new group on March 19th. The group’s focus is to serve as a key resource of information for any discussions on future legislation around payment-centric topics such as data security, new payment technologies and

(More)…

 
formats

Get Ready for Facebook’s Foray into Payments

Facebook announced new features to their Messenger service in March allowing users to make P2P payments, but didn’t stop there. They have since announced plans to enable consumers and merchants to communicate via Facebook about purchases, known as Business on Messenger, and have started testing “Buy” buttons directly within advertisements that appear on a user’s

(More)…

 
formats

Worldpay Acquires Multi-Channel Payment Provider SecureNet

Worldpay, the UK-based global payment provider, announced their acquisition of SecureNet in mid-November with the deal expected to close before the end of this year. SecureNet, a payment provider offering services for in-store payments, mobile point-of-sale payments and online payments, has over 17,000 merchant clients with annual processing volumes exceeding $19 billion. This marks Worldpay’s

(More)…

 
formats

Mobile Propels Higher U.S. e-Retail Forecasts for Holiday Season and 2014 Calendar Year

Recent forecasts from eMarketer estimate eCommerce retail sales will exceed $305 billion in 2014, a 16 percent increase from last year, as more than $72 billion in eCommerce sales are expected to occur during the holiday season. These e-retail volume forecasts include transactions completed from mobile devices, which are expected to grow by 37 percent

(More)…

 
formats

Digital River Goes Private Pending $840 Million Acquisition

Global eCommerce payments company Digital River has entered into an agreement to be acquired by investor group Siris Capital, LLC in a transaction valued at approximately $840 million. Pending approval of the deal, the publicly traded company will now be private as Siris will acquire all outstanding common shares of Digital River at a premium

(More)…

 
formats

FIS Acquires Clear2Pay, Possibly to Speed Up Development of Payment Network ACH Alternative

FIS Inc. announced the acquisition of Brussels-based payment technology company Clear2Pay for €375 ($493.3) million in early September. While the company announced the investment would bolster global payment capabilities and enhance enterprise payments solutions, the most interesting aspect of the acquisition may be the fact that FIS offers a real-time funds transfer service called PayNet

(More)…

 
formats

2014 Mobile Payments & Fraud Survey Report

Following the success of last year’s inaugural Mobile Payments & Fraud Survey Report The Fraud Practice, Kount and CardNotPresent.com have once again teamed up to offer this year’s installment highlighting the opportunity, growth, preferences and priorities as it relates to the mobile channel. Download a free copy of the Mobile Payments & Fraud Survey: 2014

(More)…

 
© The Fraud Practice LLC 2012