Payment systems

MoneyGram Digital Growth Maintains Strong Momentum and Market Expansion Continues

Thursday, July 9, 2020 - 4:50pm

DALLAS, July 9, 2020 /PRNewswire/ --MoneyGram International, Inc.(NASDAQ:MGI), a global leader in cross-border P2P payments and money transfers,today reported 106% year-over-year digital transaction growth in June as strong consumer demand for its leading digital capabilities and customer-centric app continues to grow.

Key Points: 
  • DALLAS, July 9, 2020 /PRNewswire/ --MoneyGram International, Inc.(NASDAQ:MGI), a global leader in cross-border P2P payments and money transfers,today reported 106% year-over-year digital transaction growth in June as strong consumer demand for its leading digital capabilities and customer-centric app continues to grow.
  • Each component of the digital business: MoneyGram Online, digital partnerships, and sends directly to a wallet or bank account contributed to the strong overall digital growth in June.
  • "Our digital transformation has significantly improved every part of the company, and our agile investment approach continues to demonstrate results."
  • With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world's best customer experience,MoneyGramis leading the evolution of digital P2P payments.

RealPage Expands Resident Living Solutions with Lockbox, Eliminating In-Office Payments

Thursday, July 9, 2020 - 4:30pm

Lockbox is a critical solution to empowering RealPage customers to establish a truly virtualized resident living platform.

Key Points: 
  • Lockbox is a critical solution to empowering RealPage customers to establish a truly virtualized resident living platform.
  • RealPage solutions remove paper payment touchpoints from the site, driving cost efficiencies, while still offering residents the options to pay through the channel most convenient for them.
  • Lockbox, an integrated RealPage Payments solution, addresses residents who prefer to pay with paper checks instead of credit card, debit card, eChecks, and eMoneyOrders.
  • The rest is handled by RealPage, with the payments posted in real-time to the same ledger as online payments so all payments can be viewed and managed in one, consolidated place.

$4.7 Billion Worldwide Industry for Self-checkout Systems to 2026 - Featuring Diebold Nixdorf, Fujitsu & NCR Among Others - ResearchAndMarkets.com

Thursday, July 9, 2020 - 3:01pm

The "Global Self-checkout Systems Market By Component, By Type, By Application, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Self-checkout Systems Market By Component, By Type, By Application, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
  • The Global Self-checkout Systems Market size is expected to reach $4.7 billion by 2026, rising at a market growth of 13.8% CAGR during the forecast period.
  • Self-checkout systems are a type of machines that help with the transaction processing.
  • With the sudden break of Covid-19 in late months of year 2019, the markets worldwide are unfortunately experiencing its grip.

ATM Managed Services Market to Garner $9.97 Bn, Globally, by 2027 at 6.5% CAGR, Says Allied Market Research

Thursday, July 9, 2020 - 2:30pm

According to the report, the global ATM managed services industry held $6.11 billion in 2019, and is projected to reach $9.97 billion by 2027, growing at a CAGR of 6.5% from 2020 to 2027.

Key Points: 
  • According to the report, the global ATM managed services industry held $6.11 billion in 2019, and is projected to reach $9.97 billion by 2027, growing at a CAGR of 6.5% from 2020 to 2027.
  • Implementation of digitalized technologies, increase in debit cards usage & demand for advanced ATM services, and rise in adoption across various geographies have boosted the global ATM managed services market.
  • Covid-19 scenario: The recent outbreak of Covid-19 has greatly affected the global ATM managed services market.
  • ATM managed services extend bank's brand without needing to fully invest in every aspect of an ATM program.

ATM Managed Services Market to Garner $9.97 Bn, Globally, by 2027 at 6.5% CAGR, Says Allied Market Research

Thursday, July 9, 2020 - 2:30pm

According to the report, the global ATM managed services industry held $6.11 billion in 2019, and is projected to reach $9.97 billion by 2027, growing at a CAGR of 6.5% from 2020 to 2027.

Key Points: 
  • According to the report, the global ATM managed services industry held $6.11 billion in 2019, and is projected to reach $9.97 billion by 2027, growing at a CAGR of 6.5% from 2020 to 2027.
  • Implementation of digitalized technologies, increase in debit cards usage & demand for advanced ATM services, and rise in adoption across various geographies have boosted the global ATM managed services market.
  • Covid-19 scenario: The recent outbreak of Covid-19 has greatly affected the global ATM managed services market.
  • ATM managed services extend bank's brand without needing to fully invest in every aspect of an ATM program.

The Liability Shift for EMV Compatibility Could Cost Gas Retailers Big, Mercator and TNS Find

Thursday, July 9, 2020 - 2:03pm

According to Visa , Chip readers at EMV-accepting automatic fuel dispensers immediately protect merchants from counterfeit fraud liability.

Key Points: 
  • According to Visa , Chip readers at EMV-accepting automatic fuel dispensers immediately protect merchants from counterfeit fraud liability.
  • Once the April 2021 deadline passes, full liability shifts to the party in the payment chain with the least secure payment technology.
  • After performing a comprehensive, independent analysis and creating a calculator, Mercator a trusted advisor to the payments industry globally estimates that the liability shift to EMV at the pump may result in mounting costs for retailers.
  • For more information about TNS and its Payments solutions visit www.tnsi.com or go to the media center for the latest news www.tnsi.com/media-center/ .

PlainsCapital Bank Partners with Cardtronics to Expand Surcharge-Free ATM Access for Customers

Thursday, July 9, 2020 - 1:45pm

The addition of Allpoint ATMs to the PlainsCapital fleet of ATMs immediately broadens the scope of surcharge-free cash access points available to PlainsCapital customers.

Key Points: 
  • The addition of Allpoint ATMs to the PlainsCapital fleet of ATMs immediately broadens the scope of surcharge-free cash access points available to PlainsCapital customers.
  • As the world of banking continues to evolve, its important that we give our customers widespread ability to withdraw funds without transaction fees, said PlainsCapital Bank Chief Administrative Officer Pete Villarreal.
  • By partnering with Cardtronics, we have once again elevated the way we support our customers by adding another layer of convenience and scale.
  • We look forward to ensuring PlainsCapital customers have convenient access to cash no matter where they are without having to pay added fees.

STMicroelectronics and Fingerprint Cards Cooperate to Develop and Launch an Advanced Biometric Payment Card Solution

Thursday, July 9, 2020 - 2:00pm

It may let banks raise or remove the maximum allowable transaction value for contactless payments, said Laurent Degauque, Marketing Director, Secure Microcontrollers, STMicroelectronics.

Key Points: 
  • It may let banks raise or remove the maximum allowable transaction value for contactless payments, said Laurent Degauque, Marketing Director, Secure Microcontrollers, STMicroelectronics.
  • Fingerprint Cards brings valuable and market-proven expertise in solutions for battery-less and space-constrained devices.
  • Their products combining powerful processing and low energy consumption are ideal companions to our STPay solutions for payment cards .
  • The contactless payment card will be the first target under the agreement, with the intention to extend to other markets such as identification, health, access, and transportation cards.

Swiss Finance Disruptor YAPEAL Chooses Marqeta to Power New Digital Wallet

Thursday, July 9, 2020 - 9:00am

Digital fintech start-up YAPEAL has launched a new, innovative digital wallet, powered by Marqetas modern card issuing platform.

Key Points: 
  • Digital fintech start-up YAPEAL has launched a new, innovative digital wallet, powered by Marqetas modern card issuing platform.
  • This is the gap that we are looking to close with our new, disruptive digital wallet, said Daniel Capraro, Co-Founder and Chief Product Officer, YAPEAL.
  • Built on Marqetas card issuing platform, the digital wallet offers faster and cheaper payments at a speed that is truly unique to the Swiss market.
  • YAPEAL was founded in June 2018 and has since been seeking to redefine the way people handle their money through developing a digital wallet.

Qolo And Giftcard Innovator Telos Gifting Deliver Industry First - Secure, Real-Time Card Fulfillment

Wednesday, July 8, 2020 - 1:30pm

Gift Card Granny is a premier gift card website providing self-use discount gift cards with over 15 million users per year.

Key Points: 
  • Gift Card Granny is a premier gift card website providing self-use discount gift cards with over 15 million users per year.
  • Qolo's technology delivers payment processing with real-time card fulfillment, an industry first.
  • "The team at Telos Gifting is comprised of payments industry veterans with a long track record of success.
  • We own well over 20 patents and actively license the patents to help revolutionize the gifting industry.