Digital Transactions – Authoritative, insightful and timely …
Digital Transactions – Authoritative, insightful and timely information for payments professionals. Amid a Drop in Hardware Sales, Lightspeed’s Revenue Rises 20%; NCR Voyix Reverses a Quarterly Loss. Questions Arise Over How to Comply With Illinois’s Interchange Law. Combatants Take Up Their Positions in Reaction to the DoJ’s Antitrust ...
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.
Digital ID Firms Will Cash in As Consumers Pour into Online …
Jan 31, 2022 · Indeed, the report underscores the part of this market that establishes, or verifies, digital identities for onboarding and other purposes. That part of the market will grow from $9 billion to more than $16 billion over the same span of time, according to Juniper, a United Kingdom-based research firm.
Why It Makes Sense for Fiserv to Buy First Data
Apr 1, 2019 · Thus, Fiserv’s strategic moves lately to buy its way into the large-scale payments-processing market—first Elan, and now First Data—make perfect sense. Within this context, let’s review all the value Fiserv receives from the First Data acquisition: – An industry-leading, global merchant-services and processing business, including such ...
Monthly Magazine – Digital Transactions
1 day ago · Digital Transactions Authoritative, insightful and timely information for payments professionals
Real Time Payments: Where Are the Big Banks?
Mar 1, 2024 · Compare that with TCH’s current overall limit: $1 million per transaction (rumored to soon rise to $10 million), or the per transaction limit at the Federal Reserve’s rival service, FedNow, currently at $500,000 (but expected to rise soon to $1 million). The rationale of the four big banks sounds plausible. RfP is a new service, and brand ...
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.
Visa And Mastercard Agree to Merchant Rate Cuts and …
Mar 26, 2024 · “By negotiating directly with merchants, we have reached a settlement with meaningful concessions that address true pain points small businesses have identified,” Visa North America President Kim Lawrence said in a statement. “Importantly, we are making these concessions while also maintaining the safety, security, innovation, protections, rewards, and access to credit that are so ...
FIS’s Metavante Acquisition To Create a Processing Powerhouse
Apr 1, 2009 · Fidelity National Information Services Inc. (FIS) will buy Metavante Technologies Inc. in a $2.94 billion all-stock deal announced on Wednesday. The acquisition will create a bank- and payments-processing giant with $5 billion in combined revenue and a vast array of products in everything from core banking services to credit, debit, and prepaid ...
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 ...