Digital Transactions – Authoritative, insightful and timely …
WebDigital Transactions – Authoritative, insightful and timely information for payments professionals. For Cap One, the Pulse Network Is the ‘Rare Asset’ in Its $35.3 Billion Deal for Discover. Talus Pay’s New Year Starts With Two Acquisitions. The CFPB’s Chopra Cites a Need for Competition to Cap Card Acceptance Costs.
As Estep Opts for Retirement, Larimer Will Take Over As NACHA …
WebMay 6, 2019 · Jane Larimer, right, will take over the chief executive role at NACHA from Jan Estep, left, July 1. (Image credit: Digital Transactions News) The Herndon, Va.-based payments organization began searching for a new CEO “earlier this year,” according to the announcement, and evaluated both internal and external candidates against a list of desired attributes drawn up by a board committee.
Navy Federal Credit Union Picks Alacriti for RTP Access
WebDec 8, 2023 · Bridgewater, N.J.-based Alacriti is one of 21 RTP technology providers listed on the TCH Web site. Earlier this year, the RTP network surpassed 1 million payments on a single pay, while the competing FedNow’s roster of banks and credit unions now totals 285, according to a Fed Web site, up from 108 in October. The RTP network debuted in 2017 ...
First American Payments Settles an FTC Complaint Regarding …
WebAug 1, 2022 · First American Payment Systems has agreed to a proposed federal court order requiring the processor to repay $4.9 million to small businesses affected by what the Federal Trade Commission called deceptive practices, according to the FTC.
John Stewart – Digital Transactions
WebMay 3, 2024 · Starting as an editor on <i>Bank Network News</i> at Faulkner & Gray, John ultimately played a key role in starting, editing, and publishing many of F&G's flagship publications, including <i>Credit Card Management, Card Technology, Card Marketing</i>, and <i>Collections & Credit Risk</i>. Before co-founding Boland Hill Media, John was a group publisher at Thomson Media responsible for a $10 ...
Digital Transactions September 2022 – Digital Transactions
WebDigital Transactions Authoritative, insightful and timely information for payments professionals
Shift4 Looks to Close on a European Processor As It Enters 2023 …
WebFeb 28, 2023 · Domestically, Allentown, Pa.-based Shift4 saw its end-to-end payment volume climb a record 55% year-over-year to $20.7 billion for 2022’s final quarter. The growth was partly a result of a years-long effort by the company to shift clients to end-to-end processing from its less profitable gateway service. “Our gateway sunset is a multi-year ...
Visa Enhances Merchant Security in the Era of Digital Fraud
WebDec 28, 2023 · Last year, Visa’s technology helped to prevent an estimated $27 billion in fraud, and an additional $30 billion in the first half of this year alone. Today, less than one tenth of one percent of volume transacted on Visa’s network is lost to fraud. That means merchants can keep their businesses running smoothly and at peak performance ...
Global Payments Credits EVO And ‘Profacs’ for Robust Second …
WebAug 1, 2023 · Merchant volume is surging ahead for Global Payments Inc. as the big processor looks to further acquisitions following its absorption of EVO Payments Inc. in March and pursues a strategy of signing up companies it calls “profacs,” or payments facilitators that rely on Global for key functions like merchant underwriting and …
COMMENTARY: Real-Time Funding Improves the Digital Wallet …
WebMar 15, 2024 · The payments industry is upgrading the infrastructure, or “payment rails,” that moves money between banks. Most people are familiar with traditional electronic payments that normally clear and settle in one to three days over …
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