Fintech

Apple updated its Mac OS operating system to allow its Mac App Store to accept gift cards by scanning them with the computer's camera.

The U.S. may not follow other countries' lead in forcing EMV chip-card users to use a PIN, but data from a biannual Federal Reserve Board survey indicates there is value to sticking with PIN.

Many Bitcoin enthusiasts expect the U.S. government will take steps towards regulating the digital currency. Whether this regulation will threaten or legitimize the currency is still an open question.

VeriFone's stock price recovered slightly upon CEO Bergeron's resignation, signaling investor interest, and competitor Pax Technology was quick to draw attention to recent speculation that VeriFone would be for sale.

Fleet card provider FleetCor Technologies has acquired Telenav, which sells technology that tracks the location of truck drivers and mobile workers who buy gas and make other work-related purchases while on the job.

SAN FRANCISCO – Better Branches Technology introduced a new way to measure lobby and teller interactions this morning that records every branch visit in real time, instead of by measuring transactions.

Intuit is making Inuit Pay generally available in the UK, enabling businesses to accept credit and debit payments in person and over the phone.

The company’s new iPad app can perform many of the same functions as its iPhone app, such as accepting PayPal and swiped card payments. The iPad app is being targeted at businesses that require hardware more robust than an iPhone to accept payments, yet don’t have a point-of-sale system.

ALEXANDRIA, Va. – The NCUA Board approved a sprawling four-county charter this morning for CinFed FCU, which failed in its earlier bid for a much larger eight-county, three-state FOM covering more than two million people.

Canada is well ahead of the U.S. in its adoption of the EMV chip-card standard. That places BMO's Kevin Tait in a bit of a time warp, since a large part of BMO's corporate payments operations are in the U.S.