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NJ Transit Upgrades Reduce Cash, Paper Ticket Usage

PYMNTS

New Jersey Transit announced it is planning to modernize its fare payment system through proposed upgrades that would reduce cash and paper-based tickets, and provide customers with quick, easy and convenient ways to pay. The current electronic ticketing through the NJ TRANSIT mobile app will continue to be used, upgraded and expanded.

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NJ official: No reason to doubt Fiserv job growth plan

Payments Dive

Fiserv “has given us no indication that (the company has) any change of plans in New Jersey,” said Tim Sullivan, CEO of the state’s Economic Development Authority.

NJ 221
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NJ-based Provident Bank upgrades digital channels amid pandemic 

Bank Innovation

For one community bank in New Jersey, its digital overhaul came at a crucial time, and Provident Bank has been pushing its digital capabilities to customers during the novel coronavirus pandemic since revamping its online banking earlier this month.

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RedCard, Zelis Merge To Optimize Healthcare Payments

PYMNTS

Zelis Healthcare and RedCard Systems have announced they will be merging their organizations to create a healthcare payments optimization platform. The companies boast approximately $5 billion of claim savings, $50 billion of provider payments and more than 500 million payment data communications annually.

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New York Raises Check Cashing Fees

Perficient

of New York State’s Superintendent’s Regulations which provides for an annual fee adjustment, based upon the increase in the consumer price index (CPI) of the New York – Northern New Jersey – Long Island, NY – NJ-CT-PA area for all urban consumers. The increase is permitted under Part 400.11 1381 et seq., 90, whichever is greater. 401 et seq.,

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Report: 80 Pct. Of NJ Gamblers Place Wagers Online

PYMNTS

Legal online sports gambling is providing business opportunities not only to payment services providers but also to companies that sell digital ID authentication services. Illegal bets made through neighborhood bookies and offshore sites are valued at $150 billion a year, The American Gaming Association told the WSJ.

NJ 108
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Retail Pulse: Zola Opens NYC Store; Kleinfeld Shop ‘Pops Up’ In NJ

PYMNTS

Between the end of April to the middle of June, hackers were reportedly able to get usernames and passwords as well as email addresses, phone numbers, birthdays and payment card info. Macy’s , for instance, was targeted by hackers last summer. At the time, Macy’s said the hackers didn’t get card CVV numbers or Social Security numbers.

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