Payment processing

The Lightning Connector eliminates the need for merchants using the Square Reader to rely on a 3.5mm headphone jack of a smartphone or tablet to operate with its mobile app.

The two companies were part of an $8 million funding round for Paystack, a company with a model similar to Square.

Younger consumers’ intimacy with technology and wariness about traditional financial markets means these demographics have more trust in crypto, writes Csaba Csabai, founder and CEO of Inlock.

Institutions must enhance their fraud prevention strategy, and the most effective and successful way for doing so is by empowering customers to detect and respond to suspicious activity before the funds ever leave their account, writes Deborah Peace, CEO of ACH Alert.

The majority of Play Store users are likely not intentionally using cryptomining on their devices. Therefore, Google needs to take the responsible approach of preventing unwanted or unhealthy usage of their end users’ devices, according to Barry Shteiman, vice president of research and innovation for Exabeam.

Despite legal cannabis category's regulatory complexity — or perhaps motivated by it — a new breed of merchant acquirers is slicing through the thick government red tape to process cannabis payments, one state at a time.

Growing consumer expectations for 24/7 digital access and real time decisions as well as competitive pressures have reduced the time that organizations have for manual review, writes Mike Lynch, chief strategy officer at InAuth.

Russia's S7 Airlines implemented its first blockchain-based smart contract for the refueling of one of its aircraft.

Seth Frotman, whose student lending unit had been gutted in May, said the bureau's current leadership "has abandoned its duty to fairly and robustly enforce the law.”

The advent of Faster Payments services plus Europe’s PSD2 have heightened concerns among banks about increased fraud risks. This has created opportunities for firms such as New York/Israel’s BioCatch and San Francisco’s BehavioSec, both of which develop technology around behavioral biometrics analysis.

Selling outside of app stores forces users to deactivate a crucial safeguard which would otherwise prevent the download of potentially malicious apps onto their mobile device, contends Samuel Bakken, senior product marketing manager for OneSpan.

Due to all the data breaches and privacy mishaps, there is now a strong demand for a better, more secure solution for digital transactions, writes Mick Hagen, CEO of Mainframe.

Debit push payments proved an essential component of the ride-sharing boom, with many drivers opting to pay a fee for immediate funds throughout the day to cover fuel and other expenses. And the technology is finding fans in other niches as well.

A solid software development life cycle method — a way of organizing the work of a software development team — can mean the difference between getting ahead in payments or falling behind, according to Chet Culver, director of application development at CardConnect.

Adyen NV published its first earnings report on Wednesday, following the soaring value of the Dutch firm’s shares since its blockbuster public offering in June.

Risk management and payments technology provider linked2pay says paycosmos has become the first independent sales organization to offer its merchants the Instant Merchant Settlements service.

Bitcoin's scale and energy consumption have held it back as a payments option, but there are advancements that can change that, according to Jan-Willem Burgers, Europe technology lead with the distributed ledger practice at Capgemini.

The subscription payments market is increasingly popular, but acquirers won't get by on only handling the payments.

Because the legal cannabis industry is typically considered too high-risk for most banks and payment processors to work with, most technology solutions are designed to duplicate the familiar process of paying by card.

Thanks to the downstream nature of technology, what was once the domain for large organizations is now accessible to organizations of all sizes, writes Ralph Perdomo, a research analyst at Nvoicepay.